(ACAS) American Capital announced a 17 million stock offering, 12 million of which are from the company and 5 million are from shareholders.
(ACLI) American Commercial Lines lowered guidance; announced a $200M share buyback plan.
(ASPM) Aspect Medical announced repurchase and alliance conclusion for brain monitoring products with Boston Scientific; ASPM will buy 2 million shares from BSX at $15.91/share; BSX relieved of all obligations in alliance.
(ASYS) Amtech Systems reaches $16.5 Million in solar orders.
(BOT) CBOT buyout by CME received DOJ clearance.
(CRGN) Curagen announced positive data on for Belinostat in potential lymphoma treatment.
(DF) Dean Foods lowered its 2007 guidance to $1.52-1.58 EPS, down from $1.69.
(FNM) Fannie Mae noted as Cramer’s top pick right now for the changing political environment and ahead of getting its filings in order.
(FVRL) Favrille acquired Anti-CD20 monoclonal antibodies from Diversa.
(GERN) Geron released positive data on its telomerase inhibitor cancer drug in Phase I/II trial.
(HOFF) Horizon Offshore confirms it will be acquired by Cal-Dive for $19.25 per share.
(IDIX) Idenix Pharma announced 72% response rate for Hepatitis C treatment.
(INAP) Internap reaffirmed 2007 guidance after expanding collocation facilities.
(LEH) Lehman set to report earnings today, estimate is $1.88 EPS.
(STR) Questar trades ex-split to reflect a 2-1 stock split.
(TBUS) Digital Recorders said it is considering shareholder value enhancements.
(TLVT) Televent awarded contract worth close to $40 million.
(TTWO) Take-Two traded up 2% after earnings, no volume seen yet today.
(TXN) Texas Instruments lowered guidance at mid-quarter update.
(VICL) Vical received $6 Million grant from NIH to advance RapidResponse DNA vaccine platform
(VSEC) VSE Corp. trades ex-split to reflect a 2-1 stock split.
(YHOO) Yahoo! has its annual shareholder meeting today.
Pre-Market Stock News (June 12, 2007)
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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