Pre-Market Stock News (August 7, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(AAPL) Apple has mac conference today.
(AGN) Allergan noted positively by Jim Cramer on MAD MONEY.
(BHI) Baker Hughes July 2007 rig count was 1,018, up 3 from June and up almost 100 from last July.
(BLTI) Biolase -$0.04 EPS vs. -$0.01 est.
(BMC) BMC Software traded up 4% after beating earnings and slightly raising mid-point of guidance above estimates.
(BMR) Biomed Realty $0.50 FFO vs $0.45 est.
(CIT) CIT Group says will exit home lending operations in quarterly SEC filing.
(CLWR) Clearwire indicated lower after earnings.
(DUK) Duke Energy $0.25 EPS vs. $0.21 est.
(EMC) EMC-VMware employee stock options date tender extended to Aug. 13.
(EMR) Emerson $0.72 EPS vs $0.69 est.
(ESLT) Elbit Systems received orders for $163 million.
(HEM) HemoSense being acquired in stock acquisition by Inverness Medical (IMA) for 0.274192 IMA shares.
(IFF) Int’l Flavors $0.76 EPS vs. $0.76 est.
(IIVI) II-VI $0.37 EPS vs. $0.31 est.
(LOCM) Local.com traded up 2% after narrower losses.
(MEND) Micrus Endovascular -$0.02 EPS vs. -$0.05 est.
(MMS) MAXIMUX $0.65 EPS vs. $0.63 est.
(MSFT) Microsoft’s judgememnt of $1.53 billion it was going to have to pay Lucent-Alcatel has been reversed by a federal judge.
(MSFT) Microsoft is trimming the cost by $50.00 for each Xbox unit to compete against Wii.
(NILE) Blue Nile rose over 4% after-hours aft6er beating expectations and slightly raising estimates.
(QCOM) Qualcomm’s ban on its phones was upheld by the Bush administration.
(SINA) SINA Corp. fell 4% after earnings and guidance failed on any serious upside.
(TYC) Tyco Electronics $0.55 EPS vs $0.47 est.
(URBN) Urban Outfitters revenues $348.5M vs. $338.5M est.; Urban Outfitters core stores saw a -3% comparable store sales drop in the quarter.
(VICL) Vical -$0.21 EPS vs -$0.22 est.
(VITA) Orthovita -$0.05 EPS vs. -$0.06 est.
(VMED) Virgin Media extended the review process for alternatives.
(WMG) Warner Music -$0.20 EPS vs. -$0.14 est.; was -$0.12 net net basis so unsure if comparable.
(WYNN) Wynn Resorts traded up over 10% after handily beating earnings expectations.
(YSI) You-Store-It $0.24 FFO vs $0.26 est.

Jon C. Ogg
August 7, 2007

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

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