Dendreon, ENSCO, Noble, GlobalSantaFe, Innovo: U.S. Equity Preview

(Bloomberg) -- The following is a list of companies
whose shares may have unusual price changes in U.S. exchanges
today. This preview includes news that broke after exchanges
closed yesterday. Stock symbols are in parentheses after company
names. Share prices are as of 9 a.m. New York time.

Oil-service companies: Merrill Lynch & Co. downgraded some
oil-service companies on concern that oil prices will fall and
producer demand will wane. Noble Corp. (NE US), GlobalSantaFe
Corp. (GSF US) and Diamond Offshore Drilling Inc. (DO US) were
cut to ``neutral'' from ``buy.'' Shares of Noble, the fourth-
largest U.S. oil and gas driller by market value, fell $1.73, or
1.7 percent, to $99.46 in trading before U.S. exchanges opened.
Shares of GlobalSantaFe Corp., the world's second-largest
offshore oil and gas driller, fell $1.03, or 1.4 percent, to
$72.80. Shares of Diamond, the world's third-largest oil and
natural-gas driller by market value, fell $1.54, or 1.5 percent,
to $103.79. ENSCO International Inc. (ESV US) was reduced to
``sell'' from ``buy.'' Shares of the U.S. oil and natural-gas
driller fell $1.29, or 2 percent, to $62.


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