Before the bell: Further declines; MER downgraded, SNDK may be bought, BA, DELL, MO ,,, - Melly Alazraki

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1 pt	Before the bell: Further declines; MER downgraded, SNDK may be bought, BA, DELL, MO ,,,
	Sep 05, 2008 08:01 AM UTC

Melly Alazraki

Return	Risk
-35.20%	HIGH

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Symbol	Sentiment	Start	Return	Closed
UL	n/a
DELL	n/a
SNDK	n/a
MO	n/a
AMD	n/a
ANF	n/a
MER	n/a
CIEN	n/a
AIG	n/a
BA	n/a

Via BloggingStocks:

Filed under: Before the bell, Analyst reports, Analyst upgrades and downgrades, Deals, Dell (DELL), Market matters, Advanced Micro Dev (AMD), Altria Group (MO), Boeing Co (BA), Ciena Corp (CIEN), Merrill Lynch (MER), Amer Intl Group (AIG), Abercrombie and Fitch (ANF), Economic data, Unilever ADR (UL), SanDisk Corp (SNDK)

U.S. stock futures are pointing to further declines following a rough session where the Dow plunged 344 points and ahead of the jobs report mostly feared to show weakness in the labor market. Non-farm payroll is expected to show a job loss of 75,000 but the unemployment remain unchanged. Meanwhile, international markets sank following U.S. markets. Also affecting mood this morning is Goldman's call to sell Merrill Lynch.

Goldman Sachs downgraded Merrill Lynch & Co. (NYSE: MER) to Sell from Neutral and added the firm to its conviction sell list. MER s...

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