Pre-Market Stock News (DEC 12, 2006)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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(AGN) Allergan noted as Buy by Cramer on MAD MONEY after he interviewed the CEO on TV.
(ALNY) Alnylam Pharma filed to sell 4.7M shares.
(AQNT) aQuantive is acquiring privately-held Accipiter for $30M.
(ASIA) AsiaInfo selling off financial services IT business to focus on core operations.
(AUXL) Auxilium Pharma announces distribution agreement with Paladin Labs.
(BBY) Best Buy trading down 4% on reaction to earnings of $0.31 EPS vs $0.34+e and lower margins but said it will meet expectations for the year.
(C) Citigroup is naming a new COO; Krawchek remains as CFO; stock trades down 1.5%.
(CDR) Cedar Shopping slightly lowered guidance.
(COGT) Cogent gets unspecified size order from 3M.
(CYTO) Cytogen filed to sell 10.6M shares for holders.
(DAKT) Daktronics could win in the digital advertising for outdoor advertising according to Cramer on MAD MONEY.
(DELL) Dell lowered flat panel orders by 30% according to reports, although some of this was already known.
(EPIX) Epix Pharma in discovery pact with GlaxoSmithkline.
(FCPO) Factory Card & Party -$0.01 EPS vs $0.03e; hiring investment banker to enhance shareholder value.
(HANS) Hansen trading up 2.5% after JPMorgan added to its Focus List and started as Outperform with a $44 target.
(HET) Harrah’s may get a buyout offer raised to $87 according to WSJ.
(HPQ) H-P has its analyst meeting; acquiring Knightsbridge Solutions for undisclosed sum.
(KCAP) Kohlberg Capital 13.5M share IPO priced at $15.00.
(KKD) Krispy Kreme said it will have a loss in 2007 and said its Q3 sales were down 9%.
(LAMR) Lamar is also a winner in digital outdoor advertising according to Cramer.
(MAMA) Mamma.com launches new video search engine.
(MRK) Merck has its analyst meeting today.
(MTXX) Matrixx Initiatives lowered guidance.
(NILE) Blue Nile replacing STAR on S&P Small Cap 600 Index on date TBA.
(PPDI) Phamaceutical Product Development said 2006 will be slightly under estimates; stock down 0.5%.
(RACK) Rackable noted its VP of worldwide sales has resigned.
(SEH) Spartech $0.37 EPS vs $0.36e.
(SYY) Sysco Foods announced the planned retirement of its CFO.
(TXN) Texas Instruments actually trading up even though the "lowered targets" were worse than the street was braced for.
(VLRX) Valera Pharma being acquired for $7.75 per share by Indevus-IDEV.
(VVUS) Vivus announced FDA acceptance of EvaMist New Drug Application.
(WIND) Wind River delays quarterly report over voluntary options review.

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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