(ABBI) Abraxis showed 60% gain in ABRAXANE in tumor response compared to Taxotere alone.
(AGO) Assured Guaranty filed to sell 1.5M shares for holder.
(AHO) Royal Ahold is in talks with private equity over potentially selling is US food service unit.
(BMET) Biomet Shares halted; still in talks to be acquired in auction process according to WSJ; deal has been in works for weeks though.
(BPA) BioSante received FDA approval on Bio-E-Gel (Elestrin) for hot flashes.
(BRKR) Bruker Bio filed to sell 10+ million shares of common stock.
(BUCY) Bucyrus pays $731M to acquire DBT GmbH in Germany.
(CMX) Caremark gets $26 Billion merger from Express Scripts, threatening the CVS deal.
(COCO) Corinthian Colleges Chairman is retiring.
(COP) ConocoPhillips noted as cheap compared to peers in barron’s.
(DALRQ) Delta will file restructuring plan to fight off a takeover.
(ENCY) Encysive hypertension pills are now available for sale in Germany.
(EXEL) Exelixis signed new collaborative pact with Bristol-Myers.
(H) Realogy gets $30.00 per share cash offer in a buyout from Apollo Management in a $9 Billion deal after debt assumptions.
(HET) Harrah’s board met over weekend to discuss the potential buyout from groups.
(ICFI) ICF International awarded $10M contract with EPA.
(ICOS) Icos gets $32 offer revised to $34.00 from Lilly.
(IDXX) IDEXX Labs is planning to acquire Osmetech’s critical care division for $44 million.
(IMAX) IMAX is trading down about 10% pre-market after the company decided to rule out a potential takeover, after down 60% that was obvious.
(JOYG) Joy Global $0.71 EPS vs $0.66e.
(LLL) L3 could face business hurdles after losing language training pact to DynCorp according to WSJ.
(LORL) Loral is paying $2.8 Billion to acquire BCE’s Telesat Canada, so forget about that IPO now. This is leveraged as LORL has a current market cap of $672M.
(MRD) MacDermid gets $35 buyout offer from a CEO-led group.
(NHO) Norsk Hydro trading up 25% as Statoil is buying the company’s oil and gas operations, effectively a merger.
(NFX) Newfield Exploration is cheap stock according to Barron’s.
(ORCL) Oracle reports after the close.
(OVEN) Turbo Chef shares could rise 40% according to Barron’s.
(POWI) Power Integrations gets NASDAQ delisting.
(RPRX) Repros Therapeutics says Proellex achieves statistically significant pain reduction in endometriosis trials; named new chief medical officer.
(SCS) Steelcase $0.22 EPS vs $0.19e.
(SGR) Shaw Group consortium with Westinghouse selected for new construction of nuclear plant in China.
(SNE) Sony may attempt to compete with iTunes according to WSJ note.
(SNY) Sanofi-Aventis said the FDA recommended against continued marketing of Ketek for axacerbated chronic bronchitis and sinusitis.
(SRA) Serono’s acquisition by Merck KGaA was approved by the European Commission.
(SWHC) Smith & Wesson is paying $102M to acquire Thomason/Center Arms and raised 2007 & 2008 guidance as result of additional company.
(TTEK) Tetra Tech wins $4M in reversed legal charge, will delay annual report and recognize charge of $200K.
(UBEY)YouBet.com filed to sell 6+ million shares.
(VZ) Verizon in pact with China Netcome and China telecom to construct and maintain the first next-generation optical cable underseas to directly link the US and China.
(WMG) Warner Music pays $73.5M for controlling stake in Roadrunner Music Group BV, a hard rock record label.
(ZVUE) Handheld Media paid $1M+ for YourDailyMedia video library.
Pre-Market Stock Notes (DEC 18, 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.
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