Pre-Market Stock News (June 20, 2007)
(ACI) Arch Coal divest Central Appalachian mining complex to Alpha Natural Resources.(ALDN) Aladdin Knowledge announced a 410M share buyback plan.(CC) Circuit City posted wider loss and withdrew guidance.(FDX) FedEx $1.96 EPS vs $1.96e.(HD) Home Depot announced a $22 Billion total…
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(ACI) Arch Coal divest Central Appalachian mining complex to Alpha Natural Resources.
(ALDN) Aladdin Knowledge announced a 410M share buyback plan.
(CC) Circuit City posted wider loss and withdrew guidance.
(FDX) FedEx $1.96 EPS vs $1.96e.
(HD) Home Depot announced a $22 Billion total share buyback after confirming the supply unit sale for more than $10 Billion.
(JNC) Nuveen Investments going private for $65.00 per share.
(KMX) CarMax $0.30 EPS vs $0.30e.
(LGF) Lion’s Gate President signed a long-term contract.
(LOGI) Logitech announced new buyback plan that allows up to $250 million total for share buybacks.
(MNI) McClatchy said may ad revenues fell 11.5% and total revenues were -10.4%.
(MS) Morgan Stanley $2.45 EPS vs $1.98e.
(MTSX) Metal Storm has asked for stock to be halted because of request for proposal on potential Navy contract.
(PGS) Petroleum Geo-Services acquired MTEM LTD. For $275 million.
(SFG) StanCorp CFO is leaving the company.
(TDSC) 3D Systems raised $20.5 million in private placement.
(TXT) Textron booked more than $1 Billion in Cessna orders from NetJets.
(WMT) Wal-Mart confirmed it would open 1,000 Wal-Mart money centers by end of 2008; will unveil Wal-Mart money card.
(YHOO) Yahoo! may have News Corp seeking a stake in the company. Yahoo! has also signed 6 mobile deals with operators in Asia Pacific to reach nearly 100 million users.
Jon C. Ogg
June 20, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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