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Investing

Pre-Market Stock News (June 22, 2007)

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By Douglas A. McIntyre Published
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(ADM) ADM is entering the sugarcane ethanol business in Brazil.
(ALXN) Alexion Pharmaceuticals was granted marketing approval in Europe for its PNH treatment.
(AMN) Ameron announced dividend boost from $0.20 to $0.25e.
(BSC) Bear Stearns is planning a $3.2 Billion loan to try to rescue a distressed fund.
(BX) Blackstone IPO priced at $31.00.
(ETN) Eaton selling its mirror controls business for $111 million.
(GRRF) China Grentech will supply WiFi equipment for China Mobile’s Olympic wireless LAN.
(JBL) Jabil trading up 5% on higher guidance.
(JNY) Jones close to selling Barney’s for $825 million.
(KFT) Kraft has activist investor Nelson Peltz buy a 3% stake in the company.
(MIR) Mirant closed a $3.2 Billion sale of its Philippine unit to Tokyo Electric.
(NYX) NYSEEuronext also in talks with Bourse Italiana.
(SEIC) SEI Investments trades ex-split to reflect a 2-1 stock split.
(SIX) Six Flags had an accident yesterday resulting in a 13-year old girl having both of her feet severed off.
(VIP) VimpelCom issuing up to $577+ million in debt in Russia.
(ZAAP) ZAP is in a new development program for high-performance electric vehicle that is affordable to customers at $30,000 that can travel 100 miles per hour and hold a 100 mile range charge.

Jon C. Ogg
June 22, 2007

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