Before the bell: AAPL, S, EBAY, F, ERTS ...

Posted Nov 2nd 2007 8:16AM by Melly Alazraki
Filed under: Before the Bell, Earnings Reports, Analyst Upgrades and Downgrades, Google (GOOG), Apple Inc (AAPL), eBay (EBAY), Ford Motor (F), Sprint Nextel Corp (S), News Corp'B' (NWS), Electronic Arts (ERTS)

Before the bell: Down ahead of payroll report

Time Magazine has named Apple Inc.'s (NASDAQ: AAPL) iPhone, the invention of the year.

Notable calls this morning:

Sprint Nextel (NYSE: S) was upgraded at Deutsche Bank to Hold from Sell. Price target was upped from $15 to $17.
eBay Inc. (NASDAQ: EBAY) was downgraded from Outperform to Peer Perform at Bear Stearns due to expected margin declines in 2008. EBAY is down nearly 2.7% in premarket trading.
Electronic Arts (NASDAQ: ERTS) was downgraded at Deutsche Bank from Hold to Sell, due to growth lagging industry's. ERTS shares are up over 2.5% in premarket after reporting results Thursday and announcing a restructuring plan.

Ford Motor Co. (NYSE: F) shares are gaining some 1.75% in premarket trading as its negotiations with the UAW may be over soon with the two sides are closing in on a labor deal. Negotiations with the UAW are extending to one of the longest session, which began around 10 a.m. on Thursday.

News Corp's (NYSE: NWS) MySpace and Bebo, two of the world's largest social networking sites, on Thursday joined the Google (NASDAQ: GOOG)-led alliance, OpenSocial, to challenge Facebook.

Tags: aapl, ebay, erts, f, goog, inthenews, nws, s