Pre-Market Stock News (May 9, 2007)
(ARRO) Arrow International formed a special committee to evaluate strategic alternatives.
(ASN) Archstone $0.50 EPS vs $0.51e.
(AZPN) Aspen Tech $0.17 EPS vs $0.15e.
(CCRT) ComuCredit fell 8% after earnings; guided $4.00 EPS for 2007.
(CEGE) Cell Genesys trading down 1% on Dendreon sympathy; noted positive leukemia studies today.
(CRFT) CRaftmade announced a review of strategic alternatives.
(CSCO) Cisco trading down 5.5% after beating estimates and guiding to in-line with estimates.
(DCO) Ducommun announced the award of a $9.9 million contract for tail rotor blades for Apache helicopters.
(DIS) Walt Disney traded down 2% after earnings.
(DNDN) Dendreon trading down 60% on FDA request for more data on Provenge “approvable letter.”
(EFD) eFunds is reviewing strategic alternatives.
(ENMD) Entremed -$0.09 EPS vs -$0.12e.
(ERTS) Electronic Arts fell 3% on guiding lower for the quarter but up for the year.
(FACE) Physicians Formula fell almost 10% on earnings warning after beating EPS expectations.
(FWLT) Foster Wheeler $1.60 EPS vs $0.75e; unsure if comparable.
(GE) GE being noted as a break-up pressure target according to WSJ.
(HGSI) Human Genome Sciences -$0.38 EPS vs -$0.42e.
(HSP) Hospira $0.59 EPS vs $0.53e.
(ISIS) Isis Pharma in cardiovascular disease pact with Bristol-Myers.
(LMIA) LMI Aerospace fell 9% after earnings.
(MGAM) Multimedia Games $0.00 EPS vs -$0.05e.
(MPEL) Melco PBL Entertainment is confirming a May 12 opening date of its casino in Macau.
(NCI) Navigant started a modified Dutch Auction tender of 10.5M shares for $19.50 to $22.50 per share.
(NICE) Nice Systems $0.31 EPS vs $0.30e.
(PAL) North American Palladium noted as a stealth nickel trade by Cramer on Mad Money.
(PBH) Prestige Brands $0.17 EPS vs $0.19e.
(PCLN) Priceline.com fell 2% after posting losses on charges.
(PZZA) Papa Johns traded up 2% after earnings as guidance was ahead for the year.
(RTP) Rio Tinto trading up on overseas news reports that BHP Billiton may be interested in bidding for the company.
(THS) Treehouse Foods $0.24 EPS vs $0.31e; unsure if comparable.
(TM’) Toyota traded down 0.5% after earnings.
(TOL) Toll Brothers lowered guidance given in February.
(TRK) Speedway Motorsports $0.72 EPS vs $0.72e.
(ULBI) Ultralife Batteries wins $6.9M military order.
(WOOF) VCA Antech is paying $152.9M to acquire Healthy Pet Corp.
(WW) Watson Wyatt $0.76 EPS vs $0.64e but guidance looked light.
Jon C. Ogg
May 9, 2007
Jon Ogg can be reached at email@example.com; he does not own securities in any of the companies he covers.