Pre-Market Active Trader Alerts: Cellular Tissue (CLU) Up 57%

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By Douglas A. McIntyre Published
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These are issues active before the bell.

Fedex (NYSE: FDX) is off 3% to $83.14 on new that earnings were weaker than expected. The freight firm will cut 1,700 jobs.

The Williams Companies (NYSE: WMB) stock is off 2% after the firm disappointed Wall St. and said its adjusted 2010 earnings would be only $1 to $1.25 a share.

Rockwell Collins (NYSE: COL) is up a fraction to $58 after it announced that its fiscal year guidance was better than expected.

Cellular Tissue Holdings (NYSE: CLU) is up 57% to $12.45 on news that it will be bought by Clearwater Paper (NYSE: CLW)

Research In Motion (NASDAQ: RIMM) is off 1.1% on more news that it is losing market share to Apple Inc (NASDAQ: AAPL) and Google’s (NASDAQ: GOOG) Android.

Micron Technology (NYSE: MU) is up 1% after a 3% drop in yesterday’s trading.

Douglas A. McIntyre

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.

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