Pre-Market Stock News (October 9, 2007)

October 9, 2007 by Douglas A. McIntyre

(BRLC) Syntax-Brillian approved a 120-day action plan by the co’s new management team and Board of Directors.
(CLMS) Calamos Asset Management reported assets under management grew to $46.7 BIL as of Sept 30, compared with $43.9 BIL in AUGUST and $44.8 BIL in SEPT 06.
(CSC) Computer Sciences announced another $1.1 Billion in federal contracts.
(HOKU) HOKU Scientific announces a TCS Engineering contract win for Hoku Materials polysilicon plant.
(ISIS) ISIS Pharma received a $1.25 million milestone payment from ICO for initiation of Phase 1 study of iCo-007.
(PLCE) Childrens Place lowered guidance to well under the low-end of estimates.
(QLTI) QLT acquired an ocular drug delivery system from ForSight Labs.
(S) Sprint’s Chairman/CEO Forsee was forced out.
(SAI) SAIC reaffirmed FY2008 guidance.
(SCOR) comScore guidance was actually above consensus levels.
(SLM) Sallie Mae filed a lawsuit over the merger termination.
(SOLF) Solarfun Power appointed a new CFO.
(T) AT&T acquired Wireless Spectrum from Aloha Partners for $2.5 Billion.
(TAP) Molson Coors and SABMiller confirm that they have signed a letter of intent to combine the U.S. and Puerto Rico operations Miller and Coors in a joint venture called MillerCoors; will have annual combined beer sales of approximately $6.6 BIL.
(TASR) Taser had another product liability suit dismissed.
(TLB) Talbots retained a consulting firm to support its development of a strategic plan.
(VICL) Vical announced positive study data on animal studies of pandemic flu and measels vaccines.
(VOLC) Volcano will sell 6 million shares under its existing shelf registration; sees revenues at $31.5 million versus $29+ million estimates.
(YUM) Yum! Brands traded up 4% after beating earnings and raising guidance.

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