Pre-Market Stock News (September 17, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(ALVR) Alvarion won a WiMAX contract from Digicel Group in the Cayman Islands.
(CTSH) Cognizant Tech announced a 2 for 1 stock split and authorized up to $100 million for share buybacks.
(CX) CEMEX raised revenue projections and said it may divest more assets in US and Europe.
(EDO) EDO Corp. is being acquired by ITT Corp. for 41.19 Billion
(HEPH) Hollis-Eden Pharmaceuticals announced the filing of IND for phase I/II clinical trials with HE3286 in inflammation diseases.
(IART) Integra LifeSciences announced that it received 510(k) clearance from the FDA to market the DuraGen XS Dural Regeneration Matrix in the US.
(IFF) International Flavors announced a $450 million accelerated share buyback as part of its existing $750 million plan.
(LEAP) Leap Wireless rejected the MetroPCS offer.
(MSFT) Microsoft’s $613 million fine in Europe upheld after losing its appeal.
(NFX)  Newfield Exploration is selling North Sea business for $486 million.
(NOK) Nokia is acquiring Enpocket.
(OMPI) Obagi Medical filed to sell up to $100 million in securities.
(PAET) PAETEC Holding to acquire privately held McLeodUSA for $557 million in stock.
(SAI) SAIC won a contract option exercise by NASA from 2004 valued at an additional $205.9 million.
(SNIC) Sonic Solutions announced a multi-year licensing agreement with RealNetworks (RNWK) for Sonic AuthorScript, the company’s media formatting and CD/DVD burning engine.
(TPC) SunCom Wireless Holdings Inc. being acquired by Deutsche Telecom’s T-Mobile.
(ULBI) Ultralife Batteries won a $24 million contract from Raytheon (RTN) for SATCOM-On-The-Move systems.

Jon C. Ogg
September 17, 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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