Pre-Market Stock News (June 21, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

(ABT) Abbott Labs said its RealTime Hepatitis B viral load test received CE marketing approval in EU.
(ADLS) Advanced Life Sciences said that cithromyacin achieved primary endpoint in Phase III pneumonia clinical trial.
(AES) AES Corp $0.26 EPS vs $0.30e.
(AM) American Greetings $0.55 EPS vs $0.34e; unsure if comparable.
(BAM) Brookfield Asset Mgmt. was named the next Berkshire Hathaway by Cramer on Mad Money.
(BX) Blackstone Group LP set to price tonite.
(DJ) Dow Jones board takes over negotiation process from Bankroft family; MySpace founder makes $60 rival bid.
(FLIR) Flir Systems awarded $6 million contract for border thermal imaging.
(HRB) H&R Block $1.81 EPS vs $1.88 est.
(MTCT) MTC Tech obtained additional $2.6 million order for soldier system.
(NRMX) Neurochem received third recommendation from EU to continue Phase III Alzheimer’s trial.
(NVS) Novartis wins FDA approvable for combination high blood pressure medication.
(ONXX) Onyx Pharma priced its 6 million share secondary at $28.00 per share; stock closed at $28.31 yesterday and down from $30.00+ last week.
(OO) Oakly being acquired by Luxxotica for $29.30 per share.
(PFE) Pfizer received FDA approvable letter for Maraviroc.
(SHPGY) Shire Pharma received an FDA Approvable for INTUNIV extended release, its non-stimulant for the treatment of ADHD.
(SJM) J.M.Smucker $0.75 EPS vs $0.64e.
(SUPR) Superior Services announced a 1 million share buyback plan.
(VDM) Van der Moolen announced that it has entered into an option agreement with the minority partners of VDM Specialists to acquire the 15.6% minority interest in VDMS.
(VGR) Vector named positively as undervalued and high-yield tobacco stock on Mad Money.
(WFMI) Whole Foods will sell 30 Wild Oats to Smart & Final if the acquisition goes through in attempt to ease regulatory concerns.
(YHOO) Yahoo! announced that it entered into a definitive agreement to acquire Rivals.com, an online destination for college and high school sports and recruiting information.

Jon C. Ogg
June 21, 2007

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

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618