Investing

Pre-Market Stock News (MAR 1, 2007)

(ALNY) Alnylam and Isis announce allowance of first U.S. Patent covering human microRNAs.
(ALO) Alpharma said the FDA approved its Kadian new 200mg strength.
(APPB) Applebees announced negative February same store sales.
(CGPI) CollaGenex Pharm announces positive results of Phase 2 dose-finding study of incyclinide for the treatment of acne.
(CIEN) Ciena $0.22 EPS vs $0.23e & Revenues $165M vs $164.25M(e); raised revenue targets to $172-180M vs $172M estimates.
(CXW) Corrections Corp names new CFO.
(CY) Cypress Semi is selling its SMaL Camera Technologies subsidiary, which it purchased in February 2005 for $42.5 million to a Texas Instruments unit.
(DELL) Dell reports after the close.
(DNDN) Dendreon announces FDA to review Provenge for treatment of asymptomatic, metastatic, androgen-independent prostate cancer.
(GNLB) Genelabs Technologies announces publication in New England Journal of Medicine of its clinical trial results with Hepatitis vaccine to be 95% effective.
(HYSL) Hyperion Solutions is being acquired for $52.00 per share by Oracle.
(ISIS) Isis Pharma and Alnylam announce allowance of first U.S. Patent overing human microRNAs.
(LH) Labcorp was notified that its test contract with Aetna will terminate; lowered guidance.
(MDII) MDI received $25.3 million order.
(MOT) Motorola’s stake held by Carl Icahn has been boosted.
(MOVI) Movie Gallery names new CFO.
(NOC) Northrup Grumman awarded $874 million US Postal Service mail sorting contract.
(NSTC) Ness Tech names new CFO.
(NVLS) Novellus maintained prior guidance at mid-quarter update.
(NXST) Nexstar $0.16 EPS vs $0.08e; unsure if comparable.
(ORCL) Oracle is paying $3.3 Billion to acquire Hyperion Solutions.
(PDE) Pride Int’l $0.51 EPS vs $0.47e.
(STZ) Constellation Brands lowered 2008 EPS to $1.30 to $1.40 versus $1.80 EPS; announced $500M share buyback plan.
(SUG) Southern Union $1.40 EPS vs $1.44e.
(THE) Todco $1.11 EPS vs $1.01e.
(TKP) Technip won a $150 million contract from Petrobras.
(TRFC) Traffic.com wins North Carolina Dept. of Transportation contract.
(TTEK) TetraTech wins GM contract.
(TTWO) Take-Two posted wider losses; will report break-even results in 2007 and sees revenues $1.20 to $1.25 Billion.
(VMED) Virgin Media lost all Sky basic TV channels on its cable after failing to reach amicable solutions.

Jon C. Ogg
March 1, 2007

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