Pre-Market Stock News (December 11, 2007)

Below is a snapshot of the individual company news affecting share prices being watched by a673b.bigscoots-temp.com:

• Amtech Systems (NASDAQ: ASYS) shares up 3% after it announced receipt of a $3.9 million solar order for diffusion processing systems from an existing solar cell customer based in Taiwan.
• Boeing (NYSE: BA) has an update for the progress on its 787 Dreamliner today.
• Celanese (NYSE: CE) guided up slightly for 2007 and in-line for 2008, guidance upped to 2010 as well.
• ChinaEdu Corporation (NASDAQ: CEDU) priced its 6.82 million ADR IPO at $10.00 per share.
• Citigroup (NYSE: C) cuts size of SIV by $15 Billion.
• Dell (NASDAQ: DELL) introduced new tablet PC with touchscreen.
• General Electric (NYSE: GE) set to give outlook meeting this afternoon with guidance.
• Genesis Micro (NASDAQ: GNSS) shares up over 50% after being acquired by STMicroelectronics for $8.65 per share.
• H&R Block (NYSE: HRB) shares trading down about 8% after posting loss for quarter.
• IAC/Interactive (NASDAQ: IACI) is allowing users to dump their searches stored by the search engine in a bout to win over customers via privacy.
• Macrovision (NASDAQ: MVSN) won a tier 1 pact from a European automotive integrator.
• Medarex (NASDAQ: MEDX) shares trading down almost 20% after saying its BMY partnered Ipilimumab failed to meet endpoints for its metastatic melanoma treatment.
• MultiMedia Games (NASDAQ: MGAM) $0.02 EPS vs $0.01 est.
• PCTEL (NASDAQ: PCTI) selling its mobility solutions unit to Smith Micro for $59.7 million.
• Smith Micro (NASDAQ: SMSI) traded up 12% after announcing it was acquiring PCTEL’s mobility solutions group for $59.7 million.
• Texas Instruments (NYSE: TXN) traded up almost 5% after raising its mid-point of guidance to above consensus.
• UBS (NYSE: UBS) shares trading down 3% after it wrote-down another $10 Billion in value of mortgage backed assets and sold a 10% stake to investors from Singapore and the Middle East.
• Valero (NYSE: VLO) may sell some more refinery assets.
• Washington Mutual (NYSE: WM) shares trading down 9% after it cut its dividend, announced lay-offs, and will exit sub-prime operations.

Jon C. Ogg
December 11, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.