Pre-Market Stock News (APR 10, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(AMSC) American Superconductor received an order in China for a wind energy system.
(BCE) BCE may now have a bid from Ontario Teacher’s Pension system.
(BNI) Burlington Northern up marginally the day after Warren Buffett disclosed in filings that he invested in the company.
(C’) Citigroup is now reportedly looking at cutting 26,000 jobs.
(DHI) DR Horton noted Q2 sales were down and cancellation rates were 38%.
(DIVX) DIVX up more than 15% after raising guidance.
(DNDN) Dendreon up yet another 6% pre-market.

(DOW) Dow Chemical denied that it is in takeover talks.
(ERIC) Ericsson gets an EU-wide managed services pact from Vodafone in Europe.
(HEM) Hemosense said it has satisfied FDA concerns on manufacturing and completed its audit over this.
(INHX) Inhibitiex is acquiring FermaVir Pharma.
(MA) Mastercard accelerated its Class B shares conversion and announced a $500 million share repurchase program.
(MSO) Martha Stewart is relaunching its website.
(NSIT) Insight Pharma noted positively by Cramer.
(PCOP) Pharmacopeia said one of its compounds showed positive results for hypertension and diabetic complications.
(ROSE) Rosetta Resources noted positively by Cramer.
(RIN) Rinker up 4% after it gets boosted offer from Cemex.
(URI) United Rentals is exploring strategic alternatives.

Jon C. Ogg
April 10 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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