Pre-Market Stock News (May 29, 2007)

(ABN) ABN AMRO gets an RBS-led hostile bid of 71.1 billion Euros.
(AL) Alcan may still be the subject of rival bids and may even be considering turning around and trying to do a leveraged Pac-Man strategy buy of Alcoa (AA).
(ASN) Archstone-Smith may be acquired by a Tischman and Lehman investment group.
(AV) Avaya may be in takeover talks with Silver Lake according to WSJ.
(BIIB) Biogen Idec and Elan announce a FDA advisory committee meeting will review TYSABRI for the treatment of Crohn’s disease on July 31.
(CDWC) CDW is reportedly in talks to be acquired by private equity group Madison Dearborn Partners.
(CENX) Century Aluminum announces a 7.25M offering.
(ELN) Eland and Biogen Idec Elan announce a FDA advisory committee meeting will review TYSABRI for the treatment of Crohn’s disease on July 31.
(ESLT) Elbit was awarded thermal image contracts for some 450 million from Canadian and Israeli armed forces.
(EYE) Advanced Medical Optical is voluntarily recalling its Complete MoisturePlus on CDC reports that it could increase chances of cornea infection.
(F) Ford may sell Volvo’s car unit stake to BMW according to reports.
(GOOG) Google’s buy of DoubleClick is getting an FTC probe.
(JSDA) Jones Soda noted as “bubbly” and overvalued according to Barron’s.
(MEND) Micrus Endovascular received FDA clearance for its ENZO steerable microcatheter.
(NSTC) Ness Tech COO and the Chief marketing officer are leaving their posts.
(NOK) Nokia launched an “English language lesson service” for Chinese speakers via cell phones.
(NOOF) New Frontier Media CFO will step down.
(NPSN) Naspers Ltd. Unit Sanook.com is forming an online auction and ecommerce site with eBay in Thailand.
(VRSN VeriSign board elected William Roper to replace CEO that was stepping down.
(WGII) Washington Group is being acquired by URS for $80.00 implied, broken down as $43.80 cash and 0.772 URS shares.
(XFML) Xinhua Finance Media slammed hard in Barron’s article along with parent XHFNY.

Jon C. Ogg
May 29, 2007