Pre-Market Stock News (August 28, 2007)
August 28, 2007 by Douglas A. McIntyre(ADLS) Adbvanced Life Sciences gets orphan drug designation from FDA for its metastatic melanoma indicated treatment.
(BCS) Barclays indicated down 2% pre-market on loss exposure to outside loans.
(BNI) Burlington Nothern Santa Fe stake boosted by Warren Buffett’s Berkshire Hathaway.
(COCO) Corinthian Colleges $0.04 EPS vs $0.04 est.
(HGSI) Human Genome announced it received a $40 million milestone payment related to Albuferon development from Novartis.
(MHS) Medco paying $1.5 Billion to acquired PolyMedica (PLMD) at $53 per share.
(PLMD) PolyMedica is being acquired by Medco (MHS) at $53 per share.
(SNDA) Shanda Interactive trading up 2.5% after beating earnings expectations; CFO is leaving.
(TRMB) Trimble Navigation is partnering to launch a new precision solution for farmers.
(UNH) UnitedHealth and Sierra Health Services (SIE) has received approval of their merger from Nevada’s Division of Insurance.
(VICL) Vical will begin Phase I trials of DNA vaccine against H5N1 pandemic influenza.
As you can tell, the news is getting pretty thin out there…….
Jon C. Ogg
August 28, 2007
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