Pre-Market Stock News (DEC 8, 2006)

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By Douglas A. McIntyre Published
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(ACOR) Acorda will conduct adfditional Phase III studies on its MS treatment for the FDA.
(ALGT) Allegiant Travel 5M share IPo priced at $18.00, above the $15-17 range.
(ANW) Aegean Marine 12.5M share IPO priced at $14.00, at the top of the range.
(APPB) Applebees raised its dividend.
(ARNA) Arena 11.5M share secondary was hiked from 8M shares to 11.5M and priced at $13.21.
(ATO) Atmos Energy 5.5M share secondary priced at $31.50.
(BCS) Barclays reported as potential takeover target of Bank of America.
(CAE) Cascade $0.95 EPS vs $0.89e.
(CENT) Central Garden & Pet traded down 10% after earnings were under plan on net basis.
(CHK) Chesapeake 30M share secondary today.
(CSCO) Cisco Systems said it is eyeing 12 potential acquisitions, but they are still digesting the SFA buyout.
(DLB) Dolby up 3% after Cramer called them the "Microsoft of digital media" and after saying the stock is going up.
(DTE) DTE lowered guidance and raised dividend.
(EBAY) eBaY traded up1% after cramer changed his position to positive.
(ENCY) Encysive Pharma received FDA approval to resume TBC3711 clinical studies.
(ESL) Esterline $0.71 EPS vs $0.67e.
(FBN) Furniture Brands trims guidance, but there may be a charge.
(GCI) Gannett positive in Business Week.
(HLYS) Heels 6.4M share IPO priced at $21.00, above the $16.00 to $18.00 range.
(HPQ) HP paid out $14.5M to California AG to settle civil cases on pre-texting.
(ICON) Iconics Brand 12M share secondary priced at $18.75.
(IDT)IDT $522.3M revenues versus $539M(e).
(IPAR) Inter Parfums positive in Business Week.
(IRM) Iron Mountain declared a 3-2 stock split.
(MFE) McAfee noted as takeover candidate in Business Week.
(MHGC) Morgan Hotel announced $50M allocated for a share buyback plan.
(MSFT) Microsoft’s Vista is reportedly allowing old Viruses to run freely so far.
(MWA) Mueller Water spin-off ratio was set at 1.65+shares per WLT share.
(NSM) National Semiconductor traded down 1% after earnings because of weak guidance.
(PAY) Verifone $0.32 EPS vs $0.29e.
(PNRA) Panera noted as a sell by Cramer.
(PRU) Prudential filed to sell $2B in convertible notes.
(SFC) Spirit Finance has an 8+M share secondary.
(TASR) Taser announced another lawsuit dismissal.
(WGOV) Woodward Governor in new diesel after treatment pact with Tenneco.
(WITS) Witness Systems CEO resigned over options inaccuracies.
(XLNX) Xilinx traded down almost 5% after taking down guidance at mid-quarter update.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

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.

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