Pre-Market Stock News (July 5, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(APOL) Apollo Group received notice from the SEC that its investigation has been completed and they do not intend to recommend any enforcement action.
(BOT) CBOT is sticking with recommendation of a CME merger over and ICE merger.
(CMPP) Champ’s Entertainment being acquired for $5.60 per share by F&H Acquisition.
(COGN) Cognos amends share buyback plan to be increased to total $400 million.
(DELL) Dell will soon start selling laptop and desktop PC’s in Asian retail chains and stores.
(HLT) Hilton Hotels is being acquired by Blackstone for $20 Billion, or $47.50 per share.
(HOT) Starwood Hotels trading up pre-market on hopes of a bid.
(HUN) Huntsman trading up pre-market on confirmed buyout interest from Apollo.
(JNY) Jones Apparel received $900M unsolicited rival bid for Barney’s.
(KO) Coca-Cola is approaching groups about buying Snapple from Cadbury-Schwepp’s.
(MSFT) Microsoft announced Xbox 360 Elite launch in Japan on October 11.
(PFCB) PF Chang’s Q2 revenues were $267.4M vs $270.5M estimate.
(PNRA) Panera’s Q2 sales were $253M vs $250.75M estimate.
(RIMM) R-I-M gets approval to sell Blackberry in China.
(RPRX) Repros Therapeutics’ peer reviewed journal article indicates Proellex exhibits potential for a new approach to breast cancer treatments.
(SNDA) Shanda Interactive acquired Aurora Tech, which operates two MMORPG’s in China.
(SU) Suncor Energy is targeting average oil sands production of 255,000 to 265,000 BPD in 2007.
(VOD) Vodafone trading down 1% on reports that Apple’s iPhone carrier will sign with O2, a unit of Spani’s Telefonica (TEF), as its exclusive wireless carrier.

Jon C. Ogg
July 5, 2007

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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