Pre-Market Stock News (MAR 15, 2007)
(AEG) AEGON NV is paying 100 million Euro to acquire OPTAS NV, a Dutch life insurer. (AGII) Argonaut is acquiring PXRE Group (PXT) and will be the 73% owner of the combined company.(BOT) CBOT trading up 16% pre-market on a…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
(AEG) AEGON NV is paying 100 million Euro to acquire OPTAS NV, a Dutch life insurer.
(AGII) Argonaut is acquiring PXRE Group (PXT) and will be the 73% owner of the combined company.
(BOT) CBOT trading up 16% pre-market on a rival bid coming in from ICE as a challenge to the CME merger.
(CMOS) ChipMOS posted a 8.8% drop after posting a loss.
(CRZO) Carrizo said it increased gas reserves by 39% over 2005.
(CSC) Computer Sciences signed an IT pact for $300 Million with TDC (Danish Telekom).
(DASTY) Dassault Systemes announces it has secured a major order from Larsen & Toubro Limited
(HEES) H&E Equipment $0.54 EPS vs $0.52e.
(HIBB) Hibbett traded down 2% after seeing a s-s-s decrease.
(ICE) Intercontinental Exchange makes a rival bid for CBOT (BOT) over the CME deal; stay tuned.
(JOBS) 51Job guides EPS to $0.15-0.17 vs $0.13 estimates.
(NDE) Indymac Mortgage says its thrift and mortgage hybrid business is strong; Sub-Prime is 3% of its $90 Billion mortgage portfolio in 2006.
(NMX) NYMEX trading up 3% because of perceived higher valuations now that ICE made rival CBOT bid offer.
(NUAN) Nuance Communications to acquire Focus Infomatics.
(PDII) PDI Inc. rose 16% after posting a profit for the quarter.
(PXT) PXRE rose 12% after merger announcement with Argonaut (AGII).
(RVSN) Radvision effort with Samsung has turned into Samsung’s video for desktop.
(SPNC) Spectranetics rose 6% on strong preliminary results of its Turbo-Booster device to treat leg artery blockage.
(TSEM) Tower Semiconductor announced a $29M private placement.
(ULBI) Ultralife Batteries received an $800K order from Cubic Corp.
(VDM) Van der Moolen announced 44.1 million Euro loss, wider than previous quarter.
(ZUMZ) Zumiez traded up 3% after guiding 2007 EPS higher.
Jon C. Ogg
March 15, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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.