Pre-Market Stock News (November 9, 2007)

• Allscripts (MDRX) traded down 25% after missing earnings estimates and after lower guidance for 2007 and 2008.
• American Tower (AMT) replacing Alltel (AT) in S&P.
• ARM Holdings plc (ARMHY) trading down about 4% pre-market.
• Barclays (BCS) trading down 4% over rumors of credit losses and rumors of excutive departures.
• Clearwire’s (CLWR) WiMAX offering with Sprint is being called off; shares down 15%.
• Estee Lauder (EL) named new head from P&G; raised dividend and announced a share buyback.
• IMAX (IMAX) -$0.19 EPS vs -$0.07 est.
• JA Solar (JASO) traded up 5% after earnings.
• Jones Soda (JSDA) traded down 15% after earnings
• Manitowoc (MTW) being added to S&P.
• Merck (MRK) settling about 1/3 of outstanding lawsuits on Vioxx for some $4.5 Billion.
• Mirants (MIR) $1.14 EPS vs $0.84 est.; announced a $1 Billion share buyback.
• NVIDIA (NVDA) traded up 6% after earnings and guidance, but shares were initially down in after-hours trading.
• Priceline (PCLN) trading up over 10% after beating earnings.
• Qualcomm (QCOM) trading down 7% after guidance disappointed.
• Siemens (SI) announced a multi-billion Euro buyback in shares.
• Starwood (HOT) raised dividend to rate of $0.90/year and added $1 Billion to share buybacks.
• Wachovia (WB) taking a $1.1 Billion writedown on CDO’s; stock down 3%.

Jon C. Ogg
November 9, 2007

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.