Pre-Market Stock News (October 8, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

(AGN) Allergan noted positively by Cramer on MAD MONEY.
(ALNY) Alnylam Pharma presented non-human primate data with an RNAi therapeutic targeting PCSK9 showing significant and durable reductions in cholesterol levels.
(BNI) Burlington Northern had more shares bought by Warren Buffett’s Berkshire Hathaway.
(BOBJ) Buisness Objects being acquired by SAP for $59.35, about a 17% premium; BOBJ also lowered guidance.
(CAH) Cardinal Health noted positively in Barron’s.
(DRV) DebtResolve said $1.3 Billion was placed into its system in Q3.
(HEPH) Hollis-Eden Pharma presented positive data demonstrating HE3286 provides a benefit in animal model of ulcerative colitis.
(HRAY) Hurray Holding will spin off its software and system integration business.
(ISIS) ISIS Pharma predicted lower loss guidance from a $40 million loss to a $20 million loss.
(JOE) St. Joe will accelerate value creation and a restructuring.
(MASI) Masimo was an overlooked IPO from the summer according to Cramer.
(NGPS) NovaTel is being acquired by Hexagon AB for $50 per share.
(OMG) OM Group is buying the electronics businesses from Rockwood Holdings.
(PAYX) Paychex noted positively as growth and shareholder reward in Barron’s.
(QDEL) Quidel announced that a large study released during the poster sessions at the Infectious Diseases Society of America supported rapid diagnostic testing for influenza and RSV.
(ROC) Rockwood Holdings is selling its electronics businesses to OM Group for roughly $265 million.
(SFUN) Saifun Semi being acquired by Spansion (SPSN) for $11.26 per share.
(STS) Supreme Industries was awarded a US State Department contract for armored vehicles.
(TASR) Taser said that it won follow-on orders from Cleveland and Jacksonville police departments.
(UIC) United Industrial being acquired by Textron (TXT) for $81.00 per share.

Jon C. Ogg
October 8, 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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618