Investing

Pre-Market Stock News (April 24, 2007)

(AAPL) Apple’s ex-CFO is settling SEC accounting issues over backdating of options; ex-legal counsel is not settling and will fight the charges.
(ATU) Actuant noted by Cramer as a private equity potential buyout target.
(ALTR) Altera traded up 5% after posting $0.21 EPS vs $0.20e.
(ALU) Alcatel Lucent says it expects an 8% revenue drop and expects a loss.
(AMD) AMD is selling $1.8 Billion in senior convertible notes.
(AMGN) Amgen trading up almost 1% despite soft earnings as it is reviewing cost structure; also anemia drug sales are soft but perhaps not as bad as somne feared.
(ASTE) Astec $0.69 EPS vs $0.68e.
(BA) Boeing gets more than a $3 Billion jet order from Virgin.
(BJS) BJ Services $0.64 EPS vs $0.71e.
(BP) BP profits fell on lower prices, but looked in-line.
(BSX) Boston Scientific fell almost 3% after-hours on lower earnings and guidance.
(C) Citigroup takes stake in China Life.
(DD) DuPont $1.07 EPS vs $1.04e.
(DISCA) Discovery Holdings noted positively by Cramer on Mad Money.
(ELN) Elan -$0.20 EPS vs -$0.16e.
(FRPT) Force Protection rose 9% on Department of Defense order.
(ICLR) ICON plc $0.42 EPS vs $0.39e.
(IPS) Ipsco $2.65 EPS vs $2.59e; lowered guidance though.
(IRBT) iRobot rose 9% on unmanned vehicle development pact with Boeing.
(IVII) II-VI $0.33 EPS vs $0.33e; lowered guidance.
(JNPR) Juniper Networks traded down 6% after earnings.
(JRN) Journal Communications publishing & broadcast group revenues fell 2.8%.
(KCI) Kinetic Concepts $0.75 EPS vs $0.74e.
(LMT) Lockheed Martin $1.39 EPS vs $1.37e.
(MHP) McGraw Hill $0.37 EPS vs $0.31e.
(NEM) Newmont Mining was exhonerated in Indonesian criminal trial over pollution and regulatory violations.
(OMC) Omnicom $1.09 EPS vs $1.05e.
(PBG) Pepsi Bottling $0.14 EPS vs $0.10e.
(PYR) PYR Energy & Samson entered into buyout of PYR at $1.30 per share.
(SEPR) Sepracor $0.47 EPS vs $0.37e.
(SIRI) Sirius Satellite Radio said Mercedes-Benz will offer its radio in more than 80% of vehicles.
(T) $0.65 EPS vs $0.61e; revenues $29 Billion instead of $29.5 Billion est.; this is first quarter with combined Bellsouth/SBC all rolled in.
(TGT) Target said April s-s-s will be lower than expected at 3-4% versus 4-6% forecasts.
(TLAB) Tellabs $0.08 EPS vs $0.05e; stock trading up almost 3%.
(TM) Toyota outsold GM in global auto sales in Q1 for the first time ever.
(TXN) Texas Instruments rose 8% after earnings because mid-point of revenue guidance was above estimates.
(UCTT) Ultraclean fell 13% after meeting estimates but lowering guidance.
(VIP) VimpelCom will repurchase up to 1.6 million ADR shares.
(WAT) Waters Corp $0.56 EPS vs $0.53e.
(WGOV) Woodward Governor traded up almost 10% after beating expectations.
(YHOO) Yahoo! launches a 400,000 free song service.

Jon C. Ogg
April 24, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

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