Pre-Market Stock News (May 9, 2007)

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By Douglas A. McIntyre Published
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(ARRO) Arrow International formed a special committee to evaluate strategic alternatives.
(ASN) Archstone $0.50 EPS vs $0.51e.
(AT) Alltel is being considered by private equity as a takeover target.
(AZPN) Aspen Tech $0.17 EPS vs $0.15e.
(CCRT) ComuCredit fell 8% after earnings; guided $4.00 EPS for 2007.
(CEGE) Cell Genesys trading down 1% on Dendreon sympathy; noted positive leukemia studies today.
(CRFT) CRaftmade announced a review of strategic alternatives.
(CSCO) Cisco trading down 5.5% after beating estimates and guiding to in-line with estimates.
(DCO) Ducommun announced the award of a $9.9 million contract for tail rotor blades for Apache helicopters.
(DIS) Walt Disney traded down 2% after earnings.
(DNDN) Dendreon trading down 60% on FDA request for more data on Provenge “approvable letter.”
(EFD) eFunds is reviewing strategic alternatives.
(ENMD) Entremed -$0.09 EPS vs -$0.12e.
(ERTS) Electronic Arts fell 3% on guiding lower for the quarter but up for the year.
(FACE) Physicians Formula fell almost 10% on earnings warning after beating EPS expectations.
(FWLT) Foster Wheeler $1.60 EPS vs $0.75e; unsure if comparable.
(GE) GE being noted as a break-up pressure target according to WSJ.
(HGSI) Human Genome Sciences -$0.38 EPS vs -$0.42e.
(HSP) Hospira $0.59 EPS vs $0.53e.
(ISIS) Isis Pharma in cardiovascular disease pact with Bristol-Myers.
(LMIA) LMI Aerospace fell 9% after earnings.
(MGAM) Multimedia Games $0.00 EPS vs -$0.05e.
(MPEL) Melco PBL Entertainment is confirming a May 12 opening date of its casino in Macau.
(NCI) Navigant started a modified Dutch Auction tender of 10.5M shares for $19.50 to $22.50 per share.
(NICE) Nice Systems $0.31 EPS vs $0.30e.
(PAL) North American Palladium noted as a stealth nickel trade by Cramer on Mad Money.
(PBH) Prestige Brands $0.17 EPS vs $0.19e.
(PCLN) Priceline.com fell 2% after posting losses on charges.
(PZZA) Papa Johns traded up 2% after earnings as guidance was ahead for the year.
(RTP) Rio Tinto trading up on overseas news reports that BHP Billiton may be interested in bidding for the company.
(THS) Treehouse Foods $0.24 EPS vs $0.31e; unsure if comparable.
(TM’) Toyota traded down 0.5% after earnings.
(TOL) Toll Brothers lowered guidance given in February.
(TRK) Speedway Motorsports $0.72 EPS vs $0.72e.
(ULBI) Ultralife Batteries wins $6.9M military order.
(WOOF) VCA Antech is paying $152.9M to acquire Healthy Pet Corp.
(WW) Watson Wyatt $0.76 EPS vs $0.64e but guidance looked light.

Jon C. Ogg
May 9, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in any of the companies he covers.

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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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