Posts for Ticker ‘XING’

Pre-Market Stock News (November 27, 2007)

Below is a snapshot of much of the pre-market news moving individual stocks this morning:

  • Activision (ATVI) raised guidance on Guitar Hero III sales; stock up 8% pre-market.
  • Barrier Therapeutics (BTRX) announced positive results of higher dose escalation clinical safety study with pramiconazole.
  • Casual Male (CMRG) indicated lower after missing earnings and guiding lower.
  • CIGNA (CI) is acquiring Great-West Healthcare for $1.5 Billion.
  • Citigroup (C) sold a $7.5 Billion stake to Abu Dhabi Fund.
  • GlobalSantaFe (GSF) has received a subpoena from the SEC seeking documents related to the company’s ongoing internal investigation.
  • Hydrogenics (HYGS) received a $1.7 million order for three fuel cell hybrid MiniBuses for an Expo in Spain.
  • Osiris Therapeutics (OSIR) announced positive one-year data from Chondrogen trial for knee repair in its preparation of adult stem cells formulated for direct injection into the knee.
  • Penford Corp (PENX) announced a 2 Million share common stock offering, although this was under the existing shelf offering.
  • Pharmacopeia (PCOP) and GlaxoSmithKline identified two new additional lead compounds that will trigger milestone payment of $1 million to Pharmacopeia.
  • Qiao Xing (XING) telegraphss medium and long-term business plans and will continue to take steps to ensure growth of 20% to 30% per year for the next 5-years.
  • Sepracor (SEPR) announced the completion of its SEC investigation and no enforcement action was recommended.
  • Smith & Nephew (SNN) announces precautionary knee recall.
  • Staples (SPLS) $0.42 EPS vs $0.40 est.
  • Tech Data (TECD) $0.73 EPS vs $0.60 est. (unsure if comparable) sales guidance for Q4 looks a tad light.
  • Tenet Healthcare (THC) entered into a new national insurance coverage agreement with UnitedHealthcare (UNH).

Jon C. Ogg
November 27, 2007

Jon Ogg produces the 24/7 Wall St. Special Situation Investing Newsletter; he does not own securities in the companies he covers.

Posted on: November 27, 2007 – 8:14 am in Pre-Market Activity, , , , , , , , , , , , , , , ,

Pre-Market Stock News (July 13, 2007)

(AA) Alcoa may now be in play according to research notes since it withdrew Alcan bid.
(APA) Apache may go to $100.00 and then trade up to $120.00 according to Cramer.
(BHI) Baker Hughes put Q2 2007 EPS at $1.07 to $1.09, down from $1.17 last quarter due to deterioration of activity and profitability in Canada.
(CHINA) CDC Corp intends to offer up to $200 million of CDC Games in an IPO.
(DYAX) Dyax priced a 10.5M share stock offering atr $3.67 per share.
(EVST) Everlast BOD was sent a letter by Aquamarine Capital Management urging it to maximize shareholder value.
(GE) General Electric $0.52 EPS vs $0.52e; revenues ahead of estimates and increased shares under buyback; selling sub-prime unit.
(GWR) Genessee & Wyoming said rail carloads fell 7% to 67,165 carloads.
(IDIX) Idenix Pharma says Valopicitabine development program placed on clinical hold in the United States.
(PYX) Playtex Products being acquired by Energizer Holdings.
(XING) Qiao Xing will file annual report on July 16.

Jon C. Ogg
July 13, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: July 13, 2007 – 7:22 am in Pre-Market Activity, , , , , , , , , , , ,