Pre-Market Stock News (September 13, 2007)

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By Douglas A. McIntyre Published
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(AINV) Apollo Investment priced a 13 million share secondary at $20.00.
(ALU) Alcatel-Lucent lowered full year revenue guidance.
(ANPI) Angiotech Pharma said it received a favorable patent decision from New Zealand’s Intellectual Property Office.
(BLTI) BIOLASE Technology has been granted a new U.S. patent covering its oral care technologies for a teeth cleaning and whitening system for toothbrush with electromagnetic and photosensitive agents.
(BRCM) Broadcom: U.S. Appeals Court denied Qualcomm’s request to stay ITC order.
(BRLC) Syntax-Brillian traded down over 20% after earnings, lowered guidance, and CFO leaving.
(DKS) Dicks Sporting Goods announced a 2 for 1 stock split.
(ECA) EnCana is selling its Brazil offshore exploration concessions for $165 million.
(ISIS) ISIS Pharma entered a broad collaboration with Ortho-McNeil for discovery, development and commercialization of antisense drugs to treat metabolic diseases, including Type 2 diabetes.
(MCD) McDonald’s boosted its dividend by 50% and promised to continue returning cash to holders.
(MMS) MAXIMUS received a Medicare Fraud pact from New York Life.
(MSFT) Microsoft increased its dividend, but only by 10% to $0.11 per quarter.
(SIRI) SIRIUS trading up another 1% pre-market on merger approval for XM hopes.
(SPI) Spectrum Pharma said the FDA accepted its ISO-Vorin new drug application amendment.
(TASR) Taser announced two follow-on orders for its electronic control devices.
(TGT) Target said it is reviewing its ownership of its credit card receivables. 

Jon C. Ogg
September 13, 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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