Pre-Market Stock News (MAR 5, 2007)

(ALJ) Alon USA is buying 102 convenience stores for some $70 million.
(ARXX) Aeroflex gets $13.50 buyout from private equity firms General Atlantic and Francisco Partners.
(ASYT) Asyst Tech gets supply pact for new Toshiba plant.
(AT) Alltel is stepping up efforts to sell itself according to WSJ.
(AW) Allied Waste noted as safe play in waste removal according to Cramer on MAD MONEY.
(BPF) Boston Private is acquiring Charter Financial in Washington.
(CCU) Clear Channel may be facing an uphill battle to get it buyout approved according to Barron’s.
(CE) Celanese will repurchase up to $400MJ in shares and will refinance its debt.
(CHRZ) Computer Horizons declared an initial liquidation distribution of $4.00 per share as the first of what will be several payments in the liquidation and distribution plan approved in February.
(CLHB) Clean Harbors noted as safe waste company with pricing power on MAD MONEY.
(DCX) Chrysler may have Blackstone looking at it now according to Detroit News.
(GSK) GlaxoSmithKline new studies indicate GSK’s pre-pandemic influenza vaccine can protect against different strains of H5N1.
(HBC) HSBC fell more than 1% after profits rose, mainly on a huge loan write-down in the US.
(ISE)
(LWSN) Lawson expanded its tech pact with IBM.
(MEMY) Memory Pharmaceutical’s MEM 1003 did not prove effective for the treatment of bipolar mania.
(NEW) New Century now faces criminal probe into its stock trading and accounting.
(PALM) Palm down on downgrade, but still noted as trying to sell itself according to many reports over weekend and last Friday.
(RIMM) Research in Motion is restating as expected and also making some board changes.
(RGC) Regal Entertainment Declared a $2.00 special dividend.
(TRAD) TradeStation posted 16% gain in trades and 12% in client assets in FEB year over year.
(WLP) Wellpoint new CEO is general counsel and CFO leaving.

Jon C. Ogg
March 5, 2007

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