Pre-Market Stock News (August 7, 2007)
August 7, 2007 by Douglas A. McIntyre(AAPL) Apple has mac conference today.
(AGN) Allergan noted positively by Jim Cramer on MAD MONEY.
(BHI) Baker Hughes July 2007 rig count was 1,018, up 3 from June and up almost 100 from last July.
(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 protected]; he does not own securities in the companies he covers.
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