(AMR) AMR has had an 8% stake of Icelandic investment fund and wants to enhance shareholder value; shares up almost 3%.
(BTE) Baytex noted as having most upside and takeover hopes in Canadian Oil Trusts by Cramer on CNBC’s MAD MONEY.
(COP) ConocoPhillips eyes sale of China onshore gas field according to Reuters.
(CPRT)Copart $0.40 EPS vs $0.35 estimate.
(CTIC) Cell Therapeutics study shows Brostallicin in combination with Cisplatin was well-tolerated and produces prolonged disease stabilization.
(CUB) Cubic Corp won a $50.3 million Lockheed Martin contract award.
(GDI) Gardner Denver noted positively for oil exposure on CNBC’s MAD MONEY.
(GNK) Genco priced secondary offering at $67.00.
(KBH) KBHome -$0.46 EPS vs -$0.70 est.; but continuing operations was over a $6.00 loss; warns of substantial writedowns.
(KNSY) Kensey Nash reaffirmed guidance.
(LDK) LDK Solar signed a five-year contract to supply multicrystalline solar wafers to Taiwan-based Mosel Vitelic.
(MOGN) MGI Pharma announced that the New Drug Application for Aquavan Injection has been submitted to the FDA for review.
(MSFT) Microsoft’s HALO 3 generated $170 million in first day sales.
(NVS) Novartis received non-approvable letter for pain drug from FDA.
(OPMR) Optimal Group to acquire WowWee for some $65 million.
(PAYX) Paychex traded down 1.1% after earnings.
(PLXS) Plexus received FDA approval for manufacturing facility in Asia.
(SIGA) SIGA Tech traded up 15% after positive primate trials on small pox.
(SLM)
(TASR) Taser announced that three more product lawsuits have been dismissed.
(UPL) Ultra Petroleum sold Chinese interests for some $223 million.
(WBCO) Whidbey Island Bank is being acquired by Frontier Bank for approximately $21.40 per WBCO share.
(XFML) Xinhua Finance Media announced additional corporate governance initiatives: appointment of 4 new independent directors and 1 management director and the appointment of an Internal Auditor.
(ZLC) Zale announces agreement to sell Bailey Banks & Biddle for $200 million.
Pre-Market Stock News (September 27, 2007)
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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