Pre-Market Stock News (August 24, 2007)
August 24, 2007 by Douglas A. McIntyre(AMWD) American Woodmark announced a $100M buyback.
(ANN) Ann Taylor $0.50 EPS vs $0.48 est.
(ASIA) AsiaInfo raised EPS guidance but reaffirmed revenue targets; thinly covered stock.
(BKC) Burger King $0.29 EPS vs $0.27 est.
(BKHM) Bookham Tech filed to sell $200M in securities.
(CSUN) China Sunergy CFO has resigned.
(GPS) Gap $0.21 EPS vs $0.19 est.; trading up 3% on new $1.5 Billion share buyback plan.
(HLF) Herbalife announced an expanded buyback plan.
(HNZ) Heinz $0.63 EPS vs $0.61 est.
(KNOT) TheKnot.com in pact with Jellyfish.com for wedding themed savings.
(MRVL) Marvell Tech now trading down almost 8% after earnings and guidance.
(POWR) PowerSecure announced new $25M credit facility.
(TEC) Teton Energy CFO resigned.
(TRB) Tribune revenues down 5.9% in July; Publishing revenues in July were down 8.6% to $319M; Advertising revenues fell 10.3% to $247M.
(TSRA) announced a $100M share buyback plan.
(WFMI) Whole Foods has received final clearances to proceed with Wild Oats buyout.
(XFML) Xinhua Finance Media announced that it has acquired a 70% interest in Small World Television.
Jon C. Ogg
August 24, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.