pre-Market Stock Notes (JAN 8, 2007)

(ABT) Abbott Labs diagnostic instrument with Celera (CRA) approved in Canada.
(BA) Boeing gets order for soem $3 Billion in China.
(BBBY) Bed Bath & Beyond positive in Barron’s.
(BBI) Blockbuster sold Rhino video game rental unit to GameStop.
(BCRX) BioCryst names new CEO.
(BRLC) Syntax-Brillian trading up 9%aftersaying last quarterrevenues were well above plan.
(CMX) Craemark rejects ESRX bid in favor of lower bid from CVS.
(CRAY) Cray won Army order for 2 supercomputers.
(GE) GE is buying Vetco Gray, a Houston oil & gas equipment supplier for $1.9 Billion.
(GME) GameStop is acquiring the Rhino video game rental unit of Blockbuster.
(GOL) GOL LINHAS AEREAS lowered guidance.
(HGSI) Human Genome Sciences sees 2007 sale sup 50%.
(HZO) MarineMax lowered 2007 guidance.
(ILSE) Intralase gets $25 buyout offer from Adv. Medical Optics.
(LVLT) Level 3 up 4% more on Cramer calling it his #1 speculative stock; filed to sell 5.1 million shares for holder.
(NCR) NCR will split its Teradata unit to NCR holders.
(NDAQ) NASDAQ is maintaining the bid for the LSE without hiking it as of now.
(QGLY) Quigley showed positive bronchitis studies.
(PVCT) Provectus Pharma receives Orphan Drug Designation from the FDA for its lead anti-cancer agent.
(RAD) Rite-Aid noted as runner-up for 2007 top speculative stock for 2007 by Jim Cramer.
(RSH) Radio Shack sees Q4 sales down almost 8%.
(SGEN)  Seattle Genetics in licensing pact with Genentech(DNA) for the development and commercialization of SGN-40, a humanized monoclonal antibody.
(SPSN) Spansion filed to sell 11.7M shares of stock.
(SVNT) Savient Pharma up as #2 runner-up for top speculative stock of 2007 from Jim Cramer.
(SVVS) Savvis filed to sell 6.6M shares of stock.
(THX) Houston Exploration gets $1.5 Billion buyout from Forest Oil.
(TLAB) Tellabs trading down 7% pre-market after warning.
(TWAV) Therma Wave gets $1.65 buyout from KLAC, trading up 25%.
(TWX) Time Warner AOL in AOL Video distribution pact with Sony; traded up after Cramer said that is way to play Cable tracking stock.
(TYC) Tyco positive in Barron’s.
(USPI) United Surgical Partners merging with Welsh, Carson, Anderson & Stowe, for about $1.39 billion or $31.05 per share.
(VG) Vonage  will sell w-fi in Earthlink deal according to WSJ.
(WMT) Wal-Mart downgraded to Neutral at Goldman Sachs, stock down 1.3%.
(YHOO) Yahoo! set to increase mobile search functions according to WSJ; expands pact with RIMM.

by Jon C. Ogg