(ALDN) Aladdin Knowledge $0.28 EPS before items versus $0.27 estimate; 2007 guidance looks a tad softon EPS but in-line on revenues.
(AOS) A.O.Smith $0.62 EPS vs $0.50e; may have gains in number; sees 2007 EPS at $2.75 to $2.95, versus $2.85 estimate.
(C) Citigroup to buy ABN AMRO mortgage unit for estimated $3 Billion; CFO Krawcheck is leaving the CFO position into the head of its global wealth management.
(CHTP) Chelsea Therapeutics International said the FDA has granted Orphan Drug designation to its drug candidate Droxidopa for the treatment of symptomatic neurogenic orthostatic hypotension.
(ETN) Eaton Corp $1.66 EPS versus $1.59 estimate; boosts dividend and started 10M share buyback.
(EXEL) Exelixis received a $60 million payment from BMY on Friday in connection with the effectiveness of the Company’s collaboration agreement with BMS.
(GOOG) Google is supposed to be close to acquiring a videogame advertisement placement firm.
(GY) GenCorp -$0.04 EPS vs -$0.05e.
(INTC) Intel looks to be getting Sun Micro server processor business, Sun has been using AMD in the past.
(LEE) Lee Eneterprises $0.58 EPS vs $0.58e.
(MOVI) Movie Gallery reported wide loss of $1.13 per share, but that was after store closure and other costs.
(NLX) Analex being acquired for $3.70 per share by QinetiQ.
(PFE) Pfizer $0.43 EPS & R$12.6 Billion versus $0.42/$12.25 Billion; job cuts and plant closures coming.
(PHG) Philips Electronics posted 563 million Euro profit overseas.
(PTEN) Patterson-UTI sees EPS in Q4at $0.95 to %1.00 versus $1.07e.
(RPRX) Repros Therapeutics to sell 2.5 million shares.
(RTRSY) Reuters signed info pact with HSBC.
(SGTL) SigmaTel trading up 9% as its TV Audio solution was chosen by Samsung.
(STT) State Street to acquire Currenex for $564M cash.
(SWFT) Swift agreed to be acquired by CEO Moyes in higher bid at $31.55.
(TWI) Titan International sees negative gross margins but maintains prior sales targets.
(USU) USEC up 1% on slightly raised guidance.
Pre-Market Stock Notes (JAN 22, 2007)
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.