Pre-Market Stock News (MAR 13, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(ADLR) Adolor up 4% on upgrades after yesterday’s notification of added Phase III study data and trial restart.
(AMSC) American Superconductor signs multi-million dollar contract to develop higher power wind energy systems for Chinese market
(BAS) Basic Energy Services $0.70 EPS vs $0.68e.
(BEAS) BEA Systems gets delisting notice from NASDAQ over non-filings.
(BKD) Brookdale -$0.37 EPS bs -$0.35e.
(BSX) Boston Scientific is looking at an IPO of its endosurgery group for 20% stake.
(C’) Citigroup launching tender for 100% of Nikko Cordial in Japan in a 25% higher bid of more than 1700 Yen.
(CMRO) Comarco sets $1.00 special dividend.
(COSI) Cosi CEO is retiring due to health reasons.
(CRME) Cardiome chairman is retiring effective today.
(CTIC) Cell Therapeutics files for special protocol assessment for Pixantrone in relapsed indolent Non-Hodgkin’s Lymphoma.
(CVS) CVS said that ISS has recommended that shareholders approve the Caremark merger.(CVX) Chevron has an analyst meeting today.
(DCX) Chrysler may have bids in by the end of the month according to WSJ.
(DV) DeVry is offering voluntary separation plan to certain employees to save costs.
(GAIA) Gaiam $0.16 EPS vs $0.16e (only 2 estimates).
(GS) Goldman Sachs set to report earnings.
(HAL) Halliburton positive for oil patch by Cramer on MAD MONEY.
(HNSN) Hansen Medical traded up after Cramer called it the next Intuitive Surgical on MAD MONEY.
(HST) Host Hotels to replace PD in the S&P 500 index.
(HTZ) Hertz $0.25 EPS ($0.14 after items) vs$0.05e ; sees $1.15-1.22 EPS this year versus $0.62e (unsure if either are comparable).
(IPAR) Inter Parfums $0.27 EPS vs $0.25e.
(JAS)_ Jo-Ann Stores $1.05 EPS vs $0.98e.
(LEND) Accredited Home Lenders is looking at raising cash and plans layoffs; stock trading down about 40% pre-market.
(LH) Labcorp sets $500M stock repurchase plan.
(MEK) Metretek $0.23 EPS vs $0.22e.
(MRK) Merck plans to appeal a Vioxx loss from yesterday.
(NEW) New Century now under SEC investigation and received a grand jury subpoena in L.A.
(NOV) National Oilwell Varco positive for oil patch by Cramer on MAD MONEY.
(NRF) Northstar Realty $0.36 EPS vs $0.35e; expects to raise two funds totaling $550-750 million this year.
(OPTN) Optioncare replaces HKF in the S&P Small Cap 600 Index.
(PANC) Panacos will have to revise its HIV study to give the FDA more data.
(PBI) Piutney Bowes adds $300M to share buyback plan.
(QTWW) Quantum Fuel awarded contract to develop and demonstrate plug-in hybrid vehicles.
(REV) Revlon -$0.01/R$378.9M vs $0.09/$387.5M estimates.
(RIG) Transocean positive for oil patch by Cramer on MAD MONEY.
(SFC) Spirit Finance is being acquired by an Macquarie consortium in a $3.5 Billion deal; values stock at $14.50 in buyout.
(SLB) Schlumberger positive for oil patch by Cramer on MAD MONEY.
(SOMX) Somaxon -$0.46 EPS vs -$0.58e.
(SVR) Syniverse announced its CFO is leaving.
(SWHC) Smith & Wesson $0.04 EPS vs $0.04e; sees 40% sales rise.
(TACT) Transact Technologies beats estimates but gives cautious outlook.
(TXN) Texas Instruments traded down 2% after narrowing the ranges within its prior guidance targets.
(XXIA) Ixia $0.13 EPS vs $0.09 estimate.

Jon C. Ogg
March 13, 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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