Investing

Pre-Market Stock News (September 20, 2007)

(ATHN) Athenahealth IPO priced at $18, above the $14 to $16 range.(BCRX) BioCryst Pharma shares down over 30% after flu studies failed to show significant improvements.(BRLC) Syntax-Brillian announced it has already named a CFO replacement.(BSC) Bear Stearns reporting earnings.(CAG) ConAgra…

By Douglas A. McIntyre
Published September 20, 2007, 7:17am ET · 2 min read

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(ATHN) Athenahealth IPO priced at $18, above the $14 to $16 range.
(BCRX) BioCryst Pharma shares down over 30% after flu studies failed to show significant improvements.
(BRLC) Syntax-Brillian announced it has already named a CFO replacement.
(BSC) Bear Stearns reporting earnings.
(CAG) ConAgra $0.34 EPS vs $0.29 est.
(CBRL) CBRL group boosted dividend and approved 1 million shares for a buyback plan.
(COT) Cott lowered guidance.
(CRA) Celera announced a $33 million acquisition of Atria Genetics.
(FDX) FedEx $1.58 EPS vs $1.54 est.; sees next quarter $1.60 to $1.75 vs. $1.97 est.; Sees fiscal year $6.70 to $7.10 vs. $7.19 estimate (4% lower).
(GS) Goldman Sachs trading up over 1% after earnings posted at $6.13 (on items);noted gain in mortgage shorts, but major loan losses.
(IMCL) ImClone Systems announced that National Cancer Institute has selected 10 of its proposals for Phase I/II trials of its monoclonal antibody.
(ISIS) ISIS Pharma announces $4.2 million in Government contracts awarded for biodefense applications development.
(LKQX) LKQ announced its 12 million share secondary offering priced at $31.00 per share.
(MHGC) Morgans Hotel Group announced the resignation of its CEO.
(MNRO) Monroe Muffler lowered guidance.
(NDAQ) NASDAQ acquired OMX; selling 28% LSE stake to Borse Dubai..
(NTCT) NetScout slightly raised guidance.
(PIR) Pier 1 Imports -$0.49 EPS vs -$0.44 est.
(PKE) Park Electrochem $0.42 EPS vs $0.29 est.
(PRGS) Progress Software $0.44 EPS vs $0.44 est.; guides next quarter $0.51 to $0.53 vs $0.52 estimate.
(SCHL) Scholastic Corp. -$0.07 vs -$0.47 estimate; unsure if comparable.
(SLM) SLM purchase is in jeopardy according to New York Times; like that wasn’t known.
(SNE) Sony delayed virtual world service ‘Home" for PS3.
(T) AT&T is Cramer’s growth and dividend stock he liked last night and interviewed the CFO.

Jon C. Ogg
September 20, 2007

Contact [email protected] for any questions or corrections.

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Douglas A. McIntyre

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.

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