Pre-Market Stock News (June 8, 2007)

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By Douglas A. McIntyre Published
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(ACOR) Acordia Therapeutics priced 3.75 million shares in a secondary at $18.50 per share.
(BAGL) Einstein Noah Restaurant Group, Inc. sold 5 million shares at$18.00 per share; this was NWRG-PinkSheets as New World Restaurant Group.
(BRCM) Broadcom won part of the patent case against Qualcomm.
(EPIQ) EPIQ Systems trades ex-split today to reflect a 3-2 stock split.
(FTEK) Fuel-Tech won first order for its targeted corrosion inhibition technology.
(GRRF) China Grentech won bids for new trial orders from China Mobile and from China Telecom.
(MAR) Marriott settled with the IRS over labor payment and declarations; will record a $54 million pre-tax charge.
(MGAM) Multimedia Games will spend up to $25 million for 2.04 million shares in a buyback.
(MTN) Vail Resorts $1.99 EPS vs $1.99 estimates.
(NOEC) New Oriental received a $2.2 million order for urea.
(PLCE) Children’s Place announced an agreement with Walt Disney.
(PMFG) Peerless manufacturing trades ex-split today to reflect a 2-1 stock split.
(QCOM) Qualcomm loses part of the ITC where a ban on US imports of new cell phones with its chips, but shares are actually indicated up; Qualcomm will appeal.
(TYC) Tyco approved spin-offs to shareholders on June 29 rather than IPO’s.
(VMED) Virgin Media said net adds in Q2 to be flat, up from a drop in subscribers originally forecast.
(XTO) XTO Energy noted as a new Cramer oil pick and a new holding on Mad Money.

Jon C. Ogg
June 8, 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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