Pre-Market Stock News (August 21, 2007)
(ADLS) Advanced Life Sciences in collaboration with U.S. Government to study cethromycin as treatment for anthrax and other high-priority biodefense agents. (AEO) American Eagle Outfitters $0.37 EPS vs $0.36 est.(BJ) BJ’s Wholesale $0.46 EPS vs $0.41 est.(COF) Capital One closes…
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(ADLS) Advanced Life Sciences in collaboration with U.S. Government to study cethromycin as treatment for anthrax and other high-priority biodefense agents.
(AEO) American Eagle Outfitters $0.37 EPS vs $0.36 est.
(BJ) BJ’s Wholesale $0.46 EPS vs $0.41 est.
(COF) Capital One closes GreenPoint Mortgage unit and will lay off 1,900 workers.
(DKS) Dicks Sporting $0.83 EPS vs $0.76 est.
(FO) Fortune Brands CEO Norm Wesley is retiring on January 1, but will remain Chairman.
(LEND) Accredited Home Lenders up 2% after trading $1 Billion of loans with right to pruchase.
(LOCM) Local.com private placement holder registered 3.393+ millin shares from private placement just 3 weeks ago.
(MYGN) Myriad Genetics -$0.18 EPS vs -$0.18 est.
(PRLS) Peerless Systems extends pact with Adobe Systems to June 30, 2008.
(RIMM) Research in Motion trades ex-split to reflect its 3 for 1 stock split today.
(RTLX) Retalix $0.03 EPS vs $0.14 est.; names new COO.
(SPLS) Staples $0.25 EPS vs $0.25 est.
(TGT) Target $0.80 EPS vs. $0.80 est.
(TRB) Tribune shareholders vote on the merger today, although concerns are prevalent that the deal may not close under the $34 terms or in any set time since Zell had so much leverage.
Jon C. Ogg
August 21, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
