Pre-Market Stock News (MAR 22, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(ABAX) Abaxis announces CLIA waived status for two additional medical test panels.
(AMZN) Amazon.com’s partnership at Borders is being terminated.
(ARWR) Arrowhead Research subsidiary Unidym to merge with Carbon Nanotechnologies for $5.4 million worth of ARWR common stock.
(BGP) Borders Group sees losses because of charges on closing Walden Books locations; ends distribution pact with Amazon.com.
(BVX) Bovie Medical reports Q4 EPS of $0.02.
(CAG) ConAgra $0.38 EPS vs $0.35e.
(CBST) Cubist Pharma licenses rights for development and commercialization of Cubicin in Japan to Merck.
(CRXL) Crucell announces influenza alliance with ADImmune.
(EBS) Emergent Biosolutions announces the promotion of Daniel Kramer to President.
(FLE) Fleetwood is in a modular housing supply pact with the US Army.
(GIS) General Mills $0.73 EPS vs $0.70e.
(GLGC) Gene Logic names new CEO.
(IAO) IA Global board approved a 4 million share buyback.
(ICFI) ICF International awarded $22.1 million contract with the FAA.
(MOD) Modine Manufacturing sees Q4 EPS be at or below the break-even level.
(MNST) Monster Worldwide says online recruitment activity rises in top 28 US metro markets in February; not a surprise after you saw the newspaper numbers drop.
(MOT) Motorola lowered guidance; accelerated share buyback; made management changes (not Zander).
(NMX) NYMEX trading up 1% after 7 million shares priced at $136.50 for secondary.
(RTN) Raytheon raised dividend; stock lower on Goldman Sachs downgrade.
(SPPI) Spectrum Pharma study said that patients treated with Satraplatin demonstrated statistically significant improvement in pain response.
(TRIS) Tri-s Security subsidiary awarded $6.4 million contracts with FAA.
(TWTR) Tweeter will consolidate in restructuring pact; closing 49 stores and exit certain regions; will have 20% layoffs.
(USEY) US Energy Sys signs agreement with Illinois Commerce Commission enabling its reorganization to proceed with creditor support.
(VQ) Venoco signs agreements to acquire fields in Texas and California.
(WSM) William Sonoma boosts dividend and announced 5 million share buyback plan; $1.06 EPS vs $1.03e.
(ZOLL) ZOLL Medical receives marketing clearance for M Series with real CPR help technology.

Jon C. Ogg
March 22, 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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