Pre-Market Stock News (APR 12, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(AEO) American Eagle Outfitters raised guidance after stronger sales.
(AMAG) Advanced Magnetics said phase III in iron replacements showed very positive results and shares rose 7%.
(CKFR) CheckFree confirmed that it did have discussions with one of its key customers that was considering in-sourcing the functions.
(CPWM) Cost Plus is rescheduling earnings due to possible restatements.
(CTIC) Cell Therapeutics sold $37.2 million in convertible preferred shares.
(EZPW) EzCorp is acquiring 15 pawn shops assets in Colorado.

(F) Ford’s Mulally under a bit of fire for making a joke about the President from one of the White House visits.
(FTEK) Fuel Tech announced an order win for a Fuel Chem demonstration unit.
(GOOG) Google is targeting audio searches.
(HCN) Health Care REIT filed to sell 5 million shares.
(HILL) Dot Hill Systems raised guidance to a narrower loss than previously expected.
(HOTT) Hot Topic s-s-s rose 3.4% instead of the 0.6% expected.
(HYSL) Hypersion Solutions received clearance to be acquired by Oracle.
(INPH) Interphase announced a significant revenue shortfall.
(LTD) Limited names a new CFO.
(MNST) Monster Worldwide named Sal Ianuzzi as CEO & Chairman effective immediately.
(MUR) Murphy Oil raised guidance.
(NFI) Novastar rose 17% after securing $100M in liquidity and after hiring Bear Stearns to explore strategic alternatives.
(NVS) Novartis is selling its Gerber baby food unit to Nestle for $5.5 Billion.
(NYT) New York Times will be taking $152 to $169 million in charges for closing its Edison, NJ plant.
(PALM) Palm rumors continue, now with Dell as the rumored suitor.
(PIR) Pier 1 Imports -$0.17 EPS vs -$0.30e.
(RIMM) R-I-M fell 6% after results and after the SEC inquiry was made formal.
(SHRP) Sharper Image s-s-s were -29%; catalog sales -71%; Internet sales -48%.
(TPGI) Thomas Properties Group filed to sell 7 million shares.
(ZUMZ) Zumiez s-s-s rose 17% instead of the 10% analysts were expecting.

Jon C. Ogg
April 12, 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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