Below is some of the top news pre-market:
- Applied Materials (AMAT) reports earnings after close; estimates are $0.29 EPS & R$2.38B.
- BEA Systems (BEAS) said it expects to submit SEC filings tomorrow to regain compliance.
- Canadian Solar (CSIQ) trading up over 25% after beating earnings and raising guidance.
- CDC Corp. (CHINA) announced that its CDC Software expects record revenues this quarter.
- E*Trade (ETFC) trading up another 3% pre-market.
- GigaMedia (GIGM) $0.17 EPS vs $0.14 est.
- HSBC Holdings plc (HBC) taking a $3.4 Billion charge on bad loans in U.S.
- Meridian BioScience (VIVO) $0.16 EPS vs $0.15 est.
- MetroPCS (PCS) $0.15 EPS vs $0.13 est.
- Northstar Neuroscience (NSTR) now expects to unblind EVEREST data and announce primary endpoint results in Jan-2008 and submit PMA early in Q2-2008; for stroke motor recovery and its planned PMA submission; after FDA communications.
- Pepsico (PEP) reaffirmed guidance of $3.39 EPS for 2007 and cash flows of $7 Billion.
- Qualcomm (QCOM) hosts its analyst day, Dutch court dismissed one of Nokia’s patent claims against Qualcomm; announced acquisition of Firethorn for mobile banking.
- Rigel Pharms (RIGL) said that Merck-Serono exercised an option to R763/AS703569 and Aurora Kinase inhibitors in Japan.
- Rockwell Collins (COL) increased its buyback plan by $300 million.
- Taser (TASR) reported 3 large orders that will ship this quarter.
Jon C. Ogg
November 14, 2007
Jon Ogg produces the 24/7 Wall St. Special Situation Investing Newsletter; he does not own securities in the companies he covers.
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