(CCU) Clear Channel indicated up as bids for company ar reportedly due today.(CHINA) CDC Corp announced sale of $168 million in convertible notes.(CSCO) Cisco Systems is acquiring private Greenfield Networks for its packet processing circuits that power next generation metropolitan area networks.(DT) Deutsche Telekom names new CEO.(DVAX) Dynavax announced positive study results in Ragweed treatment.(EBHI) Eddie Bauer gets $9.25 buyout from Eddie B Holdings.(ELNK) Earthlink filed to sell $225M in notes.(EMC) EMC filed to sell $3B in notes.(FVRL) Favrille announced positive lymphoma study results.(GE) GE signed a global alliance pact for nuclear power plants and services with Hitachi (HIT).(HYTM) Hythiam noted cautiously in barron’s.(ISIS) ISIS Pharma trading up over 20% after positive drug data on injectable cholesterol treatments for once/week treatment.(KBH) KBHomes CEO resigns after options backdating.(KNOT) Theknot.com $0.11 EPS vs $0.10e; R$18.5M vs $17.8M(e).(MA) MasterCard has a shot for a triple in 2 years according to Cramer on MAD MONEY.(MOT) Motorola signed pact to sell 12 million cell phones in China in 2007 with China Tel.(NAHC) Nat’l Atlantic Holdings $0.38 EPS vs $0.33e.(NRGN) Neurogen started Phase I trials for human obesity.(NVS) Novartis delays 3 month approvalfor Galvus for diabetes.(POOL) SCP Pool announced $100 million for share buybacks.(PPD) Pre-Paid Legal announced it repurchased 500K shares from insiders.(PRFT) Perficient filed to sell 1.3M shares for holders.(RIV) Riviera Holdings gets $21.00 buyout proposal.(SLXA) Solexa is being acquired by Illumina (ILMN) for $14 per share in stock for stock deal.(SNIC) Sonic Solutions gets DVD integration for future Wii units from Nintendo.(SUNN) Suntron settled litigation with Applied materials.(TARO) Taro Pharma received marketing approval in the UK for Etopan(TRB) Tribune may even get a bid from Hank Greenberg formerly of AIG according to NYTimes.(TRMP) Trump Entertainment has a good shot for investors and traders alike according to Cramer on MAD MONEY.(TSN) Tyson Foods -$0.15 EPS vs -$0.04e,although that number included charges.(WNR) Western Refining $1.30 EPS vs $0.75e; unsure if comparable.(WYNN) Wynn Resorts noted positively in Barron’s.(UAUA) United Airlines could be subject of an LBO according to Tribune.(ZGEN) Zymogenetics reports positive Phase Ib results at the rheumatology conference with Serono (SRA).
Pre-Market Stock News (Nov. 13, 2006)
Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
Top Gaining Stocks
Top Losing Stocks