(BRLC) Syntax-Brillian approved a 120-day action plan by the co’s new management team and Board of Directors.
(CLMS) Calamos Asset Management reported assets under management grew to $46.7 BIL as of Sept 30, compared with $43.9 BIL in AUGUST and $44.8 BIL in SEPT 06.
(CSC) Computer Sciences announced another $1.1 Billion in federal contracts.
(HOKU) HOKU Scientific announces a TCS Engineering contract win for Hoku Materials polysilicon plant.
(ISIS) ISIS Pharma received a $1.25 million milestone payment from ICO for initiation of Phase 1 study of iCo-007.
(PLCE) Childrens Place lowered guidance to well under the low-end of estimates.
(QLTI) QLT acquired an ocular drug delivery system from ForSight Labs.
(S) Sprint’s Chairman/CEO Forsee was forced out.
(SAI) SAIC reaffirmed FY2008 guidance.
(SCOR) comScore guidance was actually above consensus levels.
(SLM) Sallie Mae filed a lawsuit over the merger termination.
(SOLF) Solarfun Power appointed a new CFO.
(T) AT&T acquired Wireless Spectrum from Aloha Partners for $2.5 Billion.
(TAP) Molson Coors and SABMiller confirm that they have signed a letter of intent to combine the U.S. and Puerto Rico operations Miller and Coors in a joint venture called MillerCoors; will have annual combined beer sales of approximately $6.6 BIL.
(TASR) Taser had another product liability suit dismissed.
(TLB) Talbots retained a consulting firm to support its development of a strategic plan.
(VICL) Vical announced positive study data on animal studies of pandemic flu and measels vaccines.
(VOLC) Volcano will sell 6 million shares under its existing shelf registration; sees revenues at $31.5 million versus $29+ million estimates.
(YUM) Yum! Brands traded up 4% after beating earnings and raising guidance.
Pre-Market Stock News (October 9, 2007)
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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