S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

Pre-Market Stock News (December 11, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

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.

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.

52% of Americans Are Building Wealth While Ignoring Their Greatest Risk
David Beren |

52% of Americans Are Building Wealth While Ignoring Their Greatest Risk
3 Reasons Retirees Should Not Enroll in Medicare Advantage for 2026
Don Lair |

3 Reasons Retirees Should Not Enroll in Medicare Advantage for 2026

Continue Reading

Douglas A. McIntyre |

Pre-Market Stock News (APR 12, 2007)

(AEO) American Eagle Outfitters raised guidance after stronger sales.(AMAG) Advanced Magnetics said phase III in iron replacements showed very positive…
Douglas A. McIntyre |

Pre-Market Stock News (DEC 12, 2006)

(AGN) Allergan noted as Buy by Cramer on MAD MONEY after he interviewed the CEO on TV.(ALNY) Alnylam Pharma filed…
Jon C. Ogg |

Novatel & Smith Micro Win from iPad at Verizon (AAPL, VZ, T, NVTL, SMSI)

Apple Inc. (NASDAQ: AAPL) has many winners and losers through time in its partnership suppliers.  The announcement that Verizon Communications…
Jon C. Ogg |

After-Hours Top Earnings & Event Stock Movers (BRCM, BWLD, KEYN, LDK, MIPS, REGN, RFMD, SFSF)

We have many after-hours movers after earnings and other reported events.  We are tracking moves in Broadcom Corporation (NASDAQ: BRCM),…
Douglas A. McIntyre |

Dell Sails Past Estimates, Cuts 10% Headcount

Dell Inc. (DELL-NASDAQ) posted much better than the pessimistic expectations with preliminary $0.34 EPS and $14.6 Billion in revenues versus…
Douglas A. McIntyre |

Pre-Market Stock News (June 4, 2007)

(ANSW) Answers may be an indicated Internet takeover target according to “TheDeal.Com”; shares trading up 2.2%.(CBI) Chicago Bridge & Iron…
Douglas A. McIntyre |

Pre-Market Stock News (June 11, 2007)

(ADLR) Adolor said a complete response to the POI ‘Approvable’ Letter now targeted for 3Q 2007.(ALXN) Alexion Pharm says studies…
Douglas A. McIntyre |

Motorola Tries to Offset Falling Margins

Motorola (MOT-NYSE) shares were halted for trading after the close.  Its stock had closed down 0.4% at $18.74 on 36…
Douglas A. McIntyre |

StreetInsider.com Unusual 11 Mid-Day Movers 04/23/2007

Alanco Technologies (NASDAQ: ALAN) 38.8% HIGHER; Expects sales revenues for the third quarter ended March 31, 2007, to exceed $4.4…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618