Pre-Market Stock News (JAN 5, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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by Jon C. Ogg

(AAPL) Apple noted as Cramer’s #2 Growth Stock for 2007.
(AINV) Apollo Investment fell 1.5% after filing to sell 16 million shares.
(ANGO) AngioDynamics positive in Business Week.
(BAMM) Books-a-Million fell another 1.5% after falling 3% Thursday after beating revenues but posting lower s-s-s for December.
(BBY) Best Buy trading up 4% pre-market on 15% revenue rise and domestic s-s-s up 6.1% for the quarter.
(BJRI) BJ’s Restaurants rose 1% after beating revenue expectations for the quarter.
(BMRN) BioMarin starts Phase II studies in peripheral artery disease.
(CPST) Capstone Turbine received $1.6 million in a follow-on order out of Russia.
(CSCO) Cisco Systems noted as Cramer’s #3 Growth Stock for 2007.
(DLTR) Dollar Tree traded up marginally after essentially reaffirming sales targets.
(DNA) Genentech reported Positive Phase II Pertusumab results after the close.
(GM) GM said it won’t lose #1 title to Toyota without a fight.
(HWAY) Healthways traded down 5% after reporting mixed earnings and revenue slightly under plan.
(INWK) InnerWorkings filed to sell 8 million shares, 5 million are from holders.
(MCRL) Micrel lowered guidance.
(MEDI) Medimmune noted as being worth $45 in takeover potentially according to Business Week article.
(MOT) Motorola trading down 5% after warning.
(MRVL) Marvell Tech said it is raising some executive stock option exercise prices after option reviews.
(NYT) New York Times is selling its broadcasting division for $575 Million to focus on papers.
(NYX) NYSE noted as Cramer’s #1 Growth Stock for 2007.
(OPWV) Openwave traded down 5% after issuing anotherearnings warning for this quarter and next; company also announced it plans to waste up to $100M of shareholder money in share repurchases.
(RBAK) Redback lowered guidance, but this is under tender by Ericsson since December.
(RMBS) Rambus terminated former CEO’s outstanding stock options.
(RNOW) Rightnow Tech fell 12% after signalling a loss instead of break-even results.
(SABA) Saba Software traded up almost 5% after exceeding earnings estimates.
(SYNP) Synplicity shares traded down 27% after lowering guidance.
(TASR) Taser is launching new personal protection product at CES next week.
(TWTR) Tweeter fell more than 2% after announcing it missed sales expectations.
(XRTX) Xyratex fell about 3% after beating lowered guidance, fell because warned for next quarter.

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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