Pre-Market Stock News (MAR 1, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(ALNY) Alnylam and Isis announce allowance of first U.S. Patent covering human microRNAs.
(ALO) Alpharma said the FDA approved its Kadian new 200mg strength.
(APPB) Applebees announced negative February same store sales.
(CGPI) CollaGenex Pharm announces positive results of Phase 2 dose-finding study of incyclinide for the treatment of acne.
(CIEN) Ciena $0.22 EPS vs $0.23e & Revenues $165M vs $164.25M(e); raised revenue targets to $172-180M vs $172M estimates.
(CXW) Corrections Corp names new CFO.
(CY) Cypress Semi is selling its SMaL Camera Technologies subsidiary, which it purchased in February 2005 for $42.5 million to a Texas Instruments unit.
(DELL) Dell reports after the close.
(DNDN) Dendreon announces FDA to review Provenge for treatment of asymptomatic, metastatic, androgen-independent prostate cancer.
(GNLB) Genelabs Technologies announces publication in New England Journal of Medicine of its clinical trial results with Hepatitis vaccine to be 95% effective.
(HYSL) Hyperion Solutions is being acquired for $52.00 per share by Oracle.
(ISIS) Isis Pharma and Alnylam announce allowance of first U.S. Patent overing human microRNAs.
(LH) Labcorp was notified that its test contract with Aetna will terminate; lowered guidance.
(MDII) MDI received $25.3 million order.
(MOT) Motorola’s stake held by Carl Icahn has been boosted.
(MOVI) Movie Gallery names new CFO.
(NOC) Northrup Grumman awarded $874 million US Postal Service mail sorting contract.
(NSTC) Ness Tech names new CFO.
(NVLS) Novellus maintained prior guidance at mid-quarter update.
(NXST) Nexstar $0.16 EPS vs $0.08e; unsure if comparable.
(ORCL) Oracle is paying $3.3 Billion to acquire Hyperion Solutions.
(PDE) Pride Int’l $0.51 EPS vs $0.47e.
(STZ) Constellation Brands lowered 2008 EPS to $1.30 to $1.40 versus $1.80 EPS; announced $500M share buyback plan.
(SUG) Southern Union $1.40 EPS vs $1.44e.
(THE) Todco $1.11 EPS vs $1.01e.
(TKP) Technip won a $150 million contract from Petrobras.
(TRFC) Traffic.com wins North Carolina Dept. of Transportation contract.
(TTEK) TetraTech wins GM contract.
(TTWO) Take-Two posted wider losses; will report break-even results in 2007 and sees revenues $1.20 to $1.25 Billion.
(VMED) Virgin Media lost all Sky basic TV channels on its cable after failing to reach amicable solutions.

Jon C. Ogg
March 1, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

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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