Pre-Market Stock News (Nov. 22, 2006)


(AA) Alcoa announced layoffs and restructuring.
(ALVR) Alverion sold its cellular unit operations.
(AZN) AstraZeneca trading up 1% after earnings and guidance overseas.
(BEAS) BEA Systems is a potentialbuyout according to Cramer; stock rose 6% after-hours.
(BGP) Borders Group -$0.64 EPS vs -$0.65e.
(BRCD) Brocade $0.14 EPS vs $0.12e; R$208.8M vs $204M(e).
(CMCSA) Comcast paying $1.2 Billion for Disney’s stake in E!.
(COMS) 3Com is reportedly getting an offer from Huawei for it to retake control over the H3C venture.
(CRAY) Cray won a $250 million DARPA supercomputer pact along with IBM.
(CROX) Crocs trading up 1% after launch of Disney footwear, although it was known.
(CWTR) Coldwater Creek trading down 6% after $0.17 EPS vs $0.17e; and backing Q4 guidance.
(CYBX) Cyberonics traded up 4% after Cramer said it is a buy and could be acquired now that CEO Skip Cummins had to leave over an options backdating.
(DELL) Dell rose almost 10% after surprisingly beating earnings estimates.
(GASS) Stealth Gas $0.25 EPS vs $0.28e.
(HAS) Hasbro noted as better than mattel according to Cramer.
(HRL) Hormel $0.64 EPS vs $0.64e.
(IMA) Inverness filed to sell 6M shares for holders.
(JADE) LJ International filed to sell $100M in securities.
(JCG) JCrew $0.27 EPS vs $0.22e.
(LCAV) LCA Vision buying back $50M in stock.
(LMT) Lockheed won another $1 Billion DOD order.
(MNT) Mentor looks expensive even with new breast implant potential business according to Barron’s.
(MTB) M&T Bank CEO is retiring.
(NOA) N. Am,er Energy 12.5 M share IPO priced at $16.00.
(NRG) NRG Energy to buy back 4.2M share from Blackstone.
(PDLI) PDL BioPharma discontinues co-development of Dacelizumab with Roche.
(PSS) Payless Shoes $0.46 EPS vs $0.42e.
(QADI) QAD $0.05 EPS vs $0.06e.
(REDE) Red Envelope CFO resigned.


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