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Pre-Market Stock News (DEC 13, 2006)

(ABM) ABM Indistries announced a 2M share buyback plan after beating EPS targets at $0.37 vs $0.29e.
(ADCT) ADC Telecom posted higher earnings, but was on tax benefit; lowered next quarter guidance; stock down 2%.
(ALXA) Aleca Pharma began phase IIb enrollment for its migraine studies.
(ATN) Atlas Energy Resources priced its 6.325 million share IPO at $21.00, at the top of the $19.00 to $21.00 range.  This was a large syndicate: with Lead managers UBS, Wachovia, and A.G.Edwards; co-managers are RBC, FBR, Credit Suisse, McDonald & Co., and Stifel Nicolaus.
(AXS) Axis Capital has a 3M share block coming from Trident II, LP.
(BBT) BB&T raised its dividend.
(BCP) Balchem announced approval of a 3 for 2 stock split.
(BKE) Buckle announced a 3 for 2 stock split and a $3 special dividend.
(BPO) Brookfield Properties priced a 30 million share secondary offering at $38.00, versus a $38.78 close yesterday.
(CAL) Continental and UAL (UAUA) are considering a merger.
(CCMP) Cabot Micro in patent case against DuPont.
(CDNS) Cadence Design announced a $500M share buyback plan.
(CE) Celanes reaffirmed 2006 and 2007 guidance, although the mid-points look under the middle of the street estimates.
(CBRL) CBRL Group announced the commencement of its previous Dutch Tender Offer for 5.4 million shares in a $42.00 to $46.00 range.
(CKR) CKE Restaurants $0.13 EPS vs $0.16e.
(CNVR) Convera named its interim CFO as permanent CFO.
(CPII) CPI International $0.35 EPS verses $0.25e.
(CPWR) Compuware announced a $200M share buyback plan.
(CRYP) Cryptologic won a pact with a new DTD Poker in the UK.
(CSCO) Cisco up 0.5% on new fiber to home initiative win in France.
(DCT) DCT Industrial Trust priced its 16.3 million share IPO at $12.25, toward the higher-end of the $11.50 to $12.50 range and higher than the 15 million shares indicated.  Merrill Lynch and Wachovia acted as lead managers; co-managers were Banc of America, JPMorgan, and Morgan Keegan.
(DIRC) Ditech announced it is delaying its quarterly filing over its option review.
(DYN) Dynegy put 2007 EPS at $0.25-0.43 vs $0.31e.
(EBAY) eBay announced an unlimited calling plan for Skype.
(EXAS) Exact Sciences announced positive colrectal test results.
(GMTN) Gander Mountain received equity financing of $50M to open new stores.
(GOOG) Google is creating a new market for its stock options where the public can buy and sell option prices, from the GOOG employees.
(HLT) Hilton gave guidance out to 2009 for EPS growth.
(IPGP) IPG Photonics priced 9 million shares at $16.50 for its IPO, above the $13.50 to $15.50 range.  Merrill Lynch and Lehman Brothers acted as lead managers, and co-managers were Needham, Jefferies and Thoams Weisel.
(LEAP) Leap Wireless announced Cricket is available in Portland.
(MATK) Martek Bio $0.12 EPS vs $0.10e.
(MEH) Midwest Airlines gets $11.50 merger per share offer from AirTran (AAI).
(MINI) Mobile Mini Storage put 2007 EPS guidance at $1.52-1.57 vs $1.54e.
(PFE) Pfizer won FTC approval for the sale of its consumer products unit to J&J.
(PH) Parker Hannifen announced retirrement of its COO.
(POZN) Pozen said the FDA wanted more information after the resubmission to the June 8  "Approvable Letter" on Trexima, and plans to submit the data before the end of the month.
(QI) Qimonda has positive article in Barron’s web article.
(RVBD) Riverbed announced a government contract win in Korea.
(SAI) SAIC announced $0.26 EPS vs $0.23e; will repurchase up to 40M shares.
(VRTX) Vertex said it won a $15M milestone payment based on its Hepatitis C trial results.
(VTSS) Vitesse announced it is delaying its quarterly filing over its option review.
(YHOO) Yahoo! starting new search pact with IBM to compete against Google.

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