Pre-Market Stock News (August 3, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(ACA) ACA Capital said subprime mortgage exposure does not threaten stability of its unit ratings.
(AHM) American Home Mortgage is closing most operations and laying off most of its 7,400 workers Fridaydown to about 750 workers.
(BBND) BigBand Networks traded down close to 20% after lowering estimates after earnings.
(BUCY) Bucyrus $0.80 EPS vs $0.76 est.
(CME) CME traded higher after Cramer said it was a cheap growth stock and one to play the volatility.
(FTEK) Fuel-Tech won pollution control orders for almost $3.7 million.
(GRMN) Garmin is buying a distributor in Italy.
(HERO) Hercules Offshore $0.74 EPS vs $0.70 est.
(ISLE) Isle of Capri $0.17 EPS vs $0.04 est; unsure if comparable.
(NTAP) lowered guidance; shares trading down close to 20%.
(PCS) MetroPCS $0.17 EPS vs $0.14 est.
(PG) P&G $0.67 EPS vs $0.66 est.
(QTWW) Quantun Fuel Systems said a subsidiary entered into agreement with Ford for producing the Ford F-150 special edition truck.
(THI) Tim Horton $0.36 EPS vs $0.36 est.
(TM) Toyota Motors posted record profits and strong hybrid sales; shares indicated up 1%.
(TOPT) Top Tankers $0.15 EPS bvs $0.04 est.
(TTWO) Take-Two lowered guidance after delaying ist Grand Theft Auto 4 video game.

Jon C. Ogg
August 3, 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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