Premarket roundup: Northrop Grumman, Walt Disney
Premarket roundup: Northrop Grumman sells TASC unit, Disney's 'Christmas Carol ' disappoints
- On 9:24 am EST, Monday November 9, 2009
Northrop Grumman Corp.'s sale of its advisory services unit TASC Inc. to two private equity firms demonstrates its ability to adapt in a changing regulatory environment for defense contractors.
Walt Disney Co.'s new version of "A Christmas Carol" got a Bah Humbug from Deutsche Bank, which predicts a disappointing $31 million in opening weekend ticket sales will lead to smaller quarterly profits.
An analyst on Monday upgraded Ameristar Casinos Inc. on lower capital spending and probable market share gain from its Black Hawk casino property in Colorado.
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