Pre-Market Stock News (MAR 2, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(AIG) AIG rose 2% after meeting expectations, boosting dividends, and announcing a $8 Billion stock buyback plan ($5B this year on accelerated basis).
(ATPG) ATP Oil & Gas said annual production increased 155% and a reserves replacement ratio of 315%.
(BRW) Bristol West is being acquired by Farmers Group for $22.50.
(CFC) Countrywide is noting a rise in delinquent payments in its annual report.
(DELL) Dell $0.26 EPS vs $0.29e; R$14.4B vs $14.9B(e); stock down 3%.
(DF) Dean Foods announced a special $15 dividend.
(DRTE) Dendrite being acquired by $16.00 per share by CEGEDIM.
(F) Ford announces it will sell Automobile Protection Corp to Trident.
(GOOG) Google down 0.5% on more YouTube news concerns; may be dispute with SEC over tax recognitions.
(GPS) Gap trading flat even after guiding down after earnings.
(IDIX) Idenix Pharma says Sebivo approved in China as new treatment option for patients with chronic Hepatitis B.
(MYL) Mylan Labs priced almost $1Billion in convertible notes.
(SIRI/XMSR) Sirius/XM announced customer initiatives as first concessions to getting the merger approved.
(TRB) Tribune may now get a bid from Sam Zell according to Crain’s.
(UNH) United Health said it will be current in SEC filings by March 15.
(VVUS) Vivus -$0.02 EPS vs -$0.09e.
(YHOO) Yahoo! trading down 0.4% despite UBS report that Microsoft should consider buying Yahoo!.

Jon C. Ogg
March 2, 2007

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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