Pre-Market Stock News (August 7, 2007)
August 7, 2007 7:12 am
(AAPL) Apple has mac conference today.
(AGN) Allergan noted positively by Jim Cramer on MAD MONEY.
(BLTI) Biolase -$0.04 EPS vs. -$0.01 est.
(BMC) BMC Software traded up 4% after beating earnings and slightly raising mid-point of guidance above estimates.
(BMR) Biomed Realty $0.50 FFO vs $0.45 est.
(CIT) CIT Group says will exit home lending operations in quarterly SEC filing.
(CLWR) Clearwire indicated lower after earnings.
(DUK) Duke Energy $0.25 EPS vs. $0.21 est.
(EMC) EMC-VMware employee stock options date tender extended to Aug. 13.
(EMR) Emerson $0.72 EPS vs $0.69 est.
(ESLT) Elbit Systems received orders for $163 million.
(HEM) HemoSense being acquired in stock acquisition by Inverness Medical (IMA) for 0.274192 IMA shares.
(IFF) Int’l Flavors $0.76 EPS vs. $0.76 est.
(IIVI) II-VI $0.37 EPS vs. $0.31 est.
(LOCM) Local.com traded up 2% after narrower losses.
(MEND) Micrus Endovascular -$0.02 EPS vs. -$0.05 est.
(MMS) MAXIMUX $0.65 EPS vs. $0.63 est.
(MSFT) Microsoft’s judgememnt of $1.53 billion it was going to have to pay Lucent-Alcatel has been reversed by a federal judge.
(MSFT) Microsoft is trimming the cost by $50.00 for each Xbox unit to compete against Wii.
(NILE) Blue Nile rose over 4% after-hours aft6er beating expectations and slightly raising estimates.
(QCOM) Qualcomm’s ban on its phones was upheld by the Bush administration.
(SINA) SINA Corp. fell 4% after earnings and guidance failed on any serious upside.
(TYC) Tyco Electronics $0.55 EPS vs $0.47 est.
(URBN) Urban Outfitters revenues $348.5M vs. $338.5M est.; Urban Outfitters core stores saw a -3% comparable store sales drop in the quarter.
(VICL) Vical -$0.21 EPS vs -$0.22 est.
(VITA) Orthovita -$0.05 EPS vs. -$0.06 est.
(VMED) Virgin Media extended the review process for alternatives.
(WMG) Warner Music -$0.20 EPS vs. -$0.14 est.; was -$0.12 net net basis so unsure if comparable.
(WYNN) Wynn Resorts traded up over 10% after handily beating earnings expectations.
(YSI) You-Store-It $0.24 FFO vs $0.26 est.
Jon C. Ogg
August 7, 2007
Jon Ogg can be reached at email@example.com; he does not own securities in the companies he covers.