There will be a couple of economic numbers to process Tuesday morning: the National Association of Purchasing Management Index, seen coming in at 43.8 percent; and March construction spending, expected to rise 0.4 percent
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interessant:Goldman upgrades Priceline.com (PCLN) By Emily Church
Goldman Sachs is upgrading the stock of beleagured name-your-price firm Priceline.com (PCLN) to market outperform from market perform. In a note to clients on Tuesday, analyst Anthony Noto says the upgrade is "due to improved outlook as management has 'right sized' the business, improved customer service and stablized growth." First quarter results from the Internet company are schedule for release on Tuesday. Noto expects the results "should demonstrate the worst is beind the company." He's expecting postive pro forma earnings per share in the second quarter. The declining percentage of seats sold on the airlines are providing better conditions for Priceline, he said.