Premarket roundup: Men's Wearhouse, Cisco

AP News
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Posted: Dec 09, 2009 9:34 AM

Among the premarket stories for Wednesday, Dec. 9, from AP Financial News:

_ Shares of Men's Wearhouse Inc.'s dropped in premarket trading after issuing a fourth-quarter forecast that disappointed investors.

_ Deutsche Bank analyst Brian Modoff said Cisco Systems Inc.'s meeting with analysts reinforced his upbeat outlook on the networking gear maker and its shares.

_ The worst of its slowdown due to the recession now appears behind online auction marketplace Liquidity Services Inc., said Oppenheimer analyst Brian Nagel, upgrading the company.

_ A Collins Stewart analyst said she expects strong gains for shares of BioMarin Pharmaceutical Inc. after the company reports clinical data for a drug intended to treat a rare enzyme disease, and upgraded the stock to "Buy."