Pre-Market Stock Notes (MAR 16, 2007)

(ANN) Ann Taylor $0.31 vs $0.29e.
(CBMX) CombiMatrix was awarded US Air Force contract to advance influenza-detection system for some $800,000+.
(CVS) CVS Shareholders voted in favor of the Caremark deal with more than 91% approval.
(ENDP) Endo Pharma and VNLS said the FDA will require an additional three months to review Endo’s previously submitted Supplemental NDA for Frova 2.5MG tablets for the expanded indication of short-term prevention of menstrual migraine.
(EXEL) Exelixis files IND application for XL147 to the FDA.
(GERN) Geron reported wider losses than last year.
(IMAX) IMAX is delaying its annual filing and will deduct $2.5M earnings from prior 6-years combined due to accounting errors.
(JBLU) Jetblue cancelled another 215 flights due to Northeast snow storms.
(LEND) Accredited Home Lenders is selling its $2.7 Billion in loans in securitization to alleviate margin call pressures; discount sale will result in $150 million charge; will miss its annual report filing deadline; stock up 8%.
(NOBL) Noble signed a share purchase agreement with Arcelor Mittal (MT) to combine its TBA Arcelor laser-welding operations into Noble. MT will receive 9.375M shares of Noble’s common stock at $18 per share plus cash to total $300M.
(NSANY) Nissan’s Carlos Ghosn is leaving the position of heading up the Americas unit too bring on more concentration to the position; announced cuts to production in Japan.
(OMM) OMI has confirmed it is exploring strategic alternatives.
(PLUG) Plug Power announces agreement to acquire Cellex Power for $45 to $53 million.
(UN) Unilever trading up on private equity interest rumors; market cap is over $80 Billion.

Jon C. Ogg
March 16, 2007