Pre-Market Stock News (MAR 7, 2007)
(ADTN) Adtran won IP service contract from Verizon.(ASVI) ASV $0.09 EPS vs $0.11e.(BNT) Bentley Pharma announced approval of its generic oncology product in Spain.(CAKE) Cheesecake Factory announced an additional 10M shares for a buyback plan.(CBMX) CombiMatrix group’s subsidiary, CombiMatrix Molecular…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
(ADTN) Adtran won IP service contract from Verizon.
(ASVI) ASV $0.09 EPS vs $0.11e.
(BNT) Bentley Pharma announced approval of its generic oncology product in Spain.
(CAKE) Cheesecake Factory announced an additional 10M shares for a buyback plan.
(CBMX) CombiMatrix group’s subsidiary, CombiMatrix Molecular Diagnostics, has entered into a partnership with The Centre for Applied Genomics in Toronto, Canada.
(CGEN) Compugen announces a second agreement with Biosite (BSTE) for the development and commercialization of immunoassay diagnostic products.
(CHINA) CDC entered new gaming platform JV in China.
(CHS) Chico’s FAS traded up 4% after earnings and guidance in-line.
(CRXL) Crucell gets another $5M for TB research.
(CVTX) CV Therapeutics down over 20% on bad drug data.
(ENCY) Encysive Pharma’s THELIN receives Australian marketing approval.
(FCS) Fairchild Semi reiterated guidance of -3% to -6% for revenues.
(FLR) Fluor awarded $462M Oxiana contract to develop Australia’s Prominent Hill copper-gold project.
(FRN) Friendly’s Ice Cream hired Goldman Sachs to explore strategic alternatives and enhance shareholder value.
(GOOG) Google up 1% on upgrade.
(HLYS) Heelys trading down 3% after beating earnings estimates because it won’t give forward guidance other than 20-25% growth.
(HOFF) Horizon Offshore signed a US Northeast contract and announced $300M in backlog.
(HYC) Hypercom $0.05 EPS vs $0.02e; raised guidance.
(IRBT) iRobot gets $2.8M order for 22 units in Germany.
(IW) Imageware in PEM agreement with Honeywell.
(KAI) Kadant has an $18M order in Asia and $10M more pending.
(MOVI) Movie Gallery is paying about $10M to acquire MovieBeam.
(PNY) Piedmont $0.94 EPS vs $0.98e.
(PTA) Penn Treaty filed its annual documents.
(PTNX) Printronics in expanded distribution pact with Ingram Micro.
(SPW) SPX Corp announced sale of Contech business for $146M cash.
(TAYC) Taylor Capital has increased its bad loan and delinquent loan amounts previously offered.
(WVCM) Wavcom Wireless in pact with Peugeot.
(ZGEN) Zymogentics said t hat the FDA will not require additional Phase III clinical trials with recombinant human Thrombin administered by a spray device.
Jon C. Ogg
March 7, 2007
Contact [email protected] for any questions or corrections.
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.