Pre-Market Stock News (DEC 14, 2006)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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by Jon C. Ogg
December 14, 2006

(ARES) Ares Capital has a 2.7M share secondary.
(AVRX) Avalon Pharm announced positive interim results for AVN944 Phase I results.
(BCS) Barclays "takeover" by B of A was denied by B of A according to WSJ; we already knew that.
(BIDU) Baidu.com teams with Microsoft over paid search in China.
(BSC) Bear Stearns $4.00 vs $3.36e.
(C) Citigroup hosts analyst day today.
(CIEN) Ciena trading up 6% after swinging to a profitable quarter.
(CRAY) Cray priced 7.5M share secondary at $10.00.
(DSX) Diana Shipping filed to sell more than $400M in mixed securities.
(F) Ford raised to Neutral at Merrill Lynch.
(GLS) Genesis Lease 27+M share IPO priced at $23.
(HAL) Halliburton called for positive on MAD MONEY after interviewing the CEO.
(HPQ) H-P signed a $300M service collaboration pact with Microsoft.
(IGT) International Game Tech filed to sell $800+M in convertible notes.
(ISCA) International Speedway lowered 2007 targets by up to 2%.
(LEH) Lehman $1.72 vs $1.68e.
(LMT) Lockheed Martin is flying new F-35 plane today.
(MGAM) Multimedia Games $0.00 EPS vs $0.00e.
(MGLN) Magellan Health lowered 2007 guidance.
(MRK) Merck announced another Vioxx case win.
(NEWS) NewStar Financial 12M share IPO priced at $17.
(OMPI) Obagi Medical 5.35M share IPO priced at $11.00.
(OSIP) OSI Pharma in lincense pact to Bristol-Myers.
(PG) P&G reaffirms Q2 targets.
(PIR) Pier One reports wider losses than expected.
(SMSI) Smith Micro Software 4.5M share secondary.
(STST) Argon ST $0.18 EPS vs $0.30e.
(T) AT&T noted more positively than Verizon for value by Cramer on MAD MONEY.
(TMO) Thermo Electron raised 20067 guidance.
(TOO) Teekay Offshore Ptnrs 7M share IPO priced at $21.
(TWX) Time Warner noted as a better choice over Comcast for growth by Cramer.
(UTX) United Technologies reaffirmed 2006 guidance; sets 2007 EPS growth at 10 to 14%; sets 60 million share buyback plan.
(VVC) Vectren lowered guidance.
(WGO) Winnebage $0.25 EPS vs $0.31e.
(WSFG) WSB Financial 2.3M share IPO at $16.50.
(ZMH) Zimmer offered mixed guidance on order losses.

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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