All Posts Tagged With: "Bristol-Myers Squibb (BMY)"

Market Updates: Citigroup Inc (C), Morgan Stanley (MS), AstraZeneca (AZN), Bristol-Myers Squibb (BMY)

U.S. stock index futures pointed to a lower open on Monday as Chinese equities dropped sharply and commodities fell on concerns that asset prices have run ahead of the economic realities. The Shanghai Composite Index plunged 6.7 percent to a three month closing low and recorded its second largest monthly loss in 15 years on worries that corporate earnings failed to justify stock valuations.

Shares of Citigroup Inc (NYSE: C) fell 2.5 percent to $5.10 in premarket trading this morning after Barron’s recommended investors take profits in the stock, according to Reuters.

Bank of America-Merrill Lynch downgraded shares of Morgan Stanley (NYSE: MS) to neutral…

31Aug2009 | Jutia Group | 0 comments | Continued

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