Pre-Market Stocks in the News (September 18, 2007)

(AAPL) Apple has named 02 as exclusive carrier in U.K. for its iPhone, sets November 9 as launch date.
(ADBE) Adobe traded up 4% after beating earnings and raising estimates.
(AMSC) American Superconductor won a $20 million follow-on order.
(AXP) American Express sells American Express Bank Ltd. to Standard Chartered.
(BA) Boeing increased industry expectations at its "Current Market Outlook" that China will need 3,400 planes at a cost of $340 billion over the next 20 years.
(CBRL) CBRL Inc. CFO is entering a planned retirement effective February 1, 2008.
(CSCO) Cisco Systems is acquiring Cognio, a company in wireless spectrum analysis and management for wireless networks.
(ETFC) E*TRADE lowered guidance and is shutting wholesale mortgage operations.
(F) Ford may accelerate cuts if the slowing economy threatens it 2008 and 2009 financial plans, according to WSJ.
(FCPO) Factory Card & Party Outlet gets $16.50 buyout from AAH Holdings.
(GRP) Grant Prideco noted as an underperforming oil services stock that could catch up to peers.
(IACI) IAC/Interactive reportedly taking a stake in Garage Games for game development.
(LEH) Lehman Brothers trading up 4% pre-market after beating earnings expectations.
(MCO) Moody’s may reportedly change it ratings to include new views of risk in the event that markets become volatile, although doesn’t this seem a bit obvious of a solution and late?
(MEND) Micrus Endovascular traded down 14% on lower guidance from weak North America sales and delays for approval/review in Japan.
(MLNM) Millennium Pharmaceuticals trading up 10% after stopping a Velcade study early because it showed better than expected efficacy.
(NDAQ) NASDAQ is reportedly considering selling a part of itself to a large investor to fund its deal to buy OMX.
(PCOP) Pharmacopeia announced that Bristol-Myers Squibb initiated a Phase II clinical trial with a p38 kinase inhibitor from a collaborative research program between the two.
(RRST) RRSat noted positively by Jim Cramer as Israeli satellite TV content transmission operator that should be immune from FOMC and other pressures.
(SNE) Sony trims expectations of its financial arm’s IPO by about 4%.

Jon C. Ogg
September 18, 2007