Pre-Market Stock News (MAR 9, 2007)

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By Douglas A. McIntyre Published
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(ABT) Abbott Labs said a U.S. Court of Appeals reinstated a permanent injunction against Abbott for infringing Innogenetics’ patent.
(AEA) Advance America positive on payday advances by Jim Cramer on Mad Money.
(ASHW) Ashworth -$0.17 EPS vs -$0.11e.
(AVR) Aventine confirms new CFO.
(BA) Boeing says 2007 orders will likely not be as strong as the 1000 in 2006.
(BCSI) Blue Coat Systems traded up 6% after beating estimates.
(BGFV) Big 5 Sporting Goods $0.42 EPS vs $0.39e; guides EPS $0.30-0.33 and FY $1.47-1.57 versus $0.38/1.54 estimates.
(CHE) Chemed positive over Roto-Rooter and hospice operations by Jim Cramer on Mad Money.
(COO) Cooper Cos. trading up 4% on higher earnings.
(CSH) Cash America positive as the pawn shop owner for a consumer that has a hard time borrowing by Jim Cramer on Mad Money.
(DCX) Chrysler has another private equity firm interested.
(ENCY) Encysive -$0.44 EPS vs -$0.41e.
(FIRE) SourceFire IPO priced 5.77 million shares at $15.00
(GMKT) Gmarket fell 14% after missing estimates and giving only merchandise sale value guidance for 2007.
(HKF) Hancock Fabrics CFO resigned.
(IDT) IDT posted losses again on lower sales and expects further calling card revenue declines.
(IP) International Paper CFO retiring.
(JSDA) Jones Soda $0.08 EPS vs $0.01e.
(LMRA) Lumera down almost 8% on wider losses.
(LZB) La-Z-Boy announced job restructuring that will cause a plant closure and result in layoffs.
(MOVI) Movie Gallery refinances credit facility.
(NEW) New Century confirms Einhorn resigned, Lender extends $265M; Not yet obtained waivers on remaining 5 financing arrangements.
(NGPS) NovAtel $0.58 EPS vs $0.56e.
(NSM) National Semi traded up 4% after $0.22 EPS vs $0.20 estimate and guiding for slight increase in revenues; sets $500M share buyback.
(NTMD) Nitromed -$0.29 EPS vs -$0.36e (thin coverage).
(OMRI) Omrix Bio traded up 4%; $0.41 EPS vs $0.30e.
(OVEN) Turbochef -$0.16 EPS vs -$0.08 est.
(PG) P&G reaffirmed $0.72-0.74 guidance range ($0.74 is consensus).
(PSPT) Peoplesupport shares lower on warning and downgrades.
(RGR) Steurm Ruger is selling its non-manufacturing properties.
(SKYW) SkyWest approved a 5 million share buyback.
(SWK) Stanley Works reaffirmed forecast to above street consensus.
(WIND) Wind River $0.10 EPS vs $0.10e; sees loss in coming quarter before $0.00-$0.01 non-GAAP versus $0.08 estimates; company found option errors in reviews.
(WXH) Winston Hotels received $15.00 unsolicited bid from Inland American Real Estate Trust.
(ZQK) Quicksilver $0.02 EPS vs $0.04e; stock down 12%.

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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