Pre-Market Stock News (Oct. 11, 2007)
(AEO) American Eagle Outfitters lowered guidance; shares down 2%.(ANF) Abercrombie & Fitch s-s-s -4% vs -1% est; shares indicated down 1%.(BEBE) bebe Stores s-s-s -9.3%.(CHS) Chico’s FAS s-s-s -8.3%.(CREL) Corel traded down 4% after earnings and lower guidance.(DEPO) Depomed CFO…
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(AEO) American Eagle Outfitters lowered guidance; shares down 2%.
(ANF) Abercrombie & Fitch s-s-s -4% vs -1% est; shares indicated down 1%.
(BEBE) bebe Stores s-s-s -9.3%.
(CHS) Chico’s FAS s-s-s -8.3%.
(CREL) Corel traded down 4% after earnings and lower guidance.
(DEPO) Depomed CFO is retiring.
(EMKR) Emcore -$0.08 EPS vs -$0.12 est.
(FWRD) Forward Air lowered guidance.
(GOOG) Google’s new target raised to $750 by Cramer on CNBC’s Mad Money.
(GPS) Gap s-s-s -7% vs -4.6% est.; stock indicated down 4%.
(INFY) Infosys $0.48 EPS vs $0.46 est.; sees next Quarter $0.51 EPS vs $0.49 est.
(JWN) J.W.Nordstrom lowered guidance after s-s-s +3.2%.
(LTD) Limited Brands s-s-s -4%; lowered guidance.
(LYV) Live Nation reportedly taking Madonna contract away from Warner Music.
(M) Macy’s s-s-s -2.7% vs -1% est.
(MDT) Medtronic won unanimous vote from FDA panel recommendation over its drug-coated Endeavor stent.
(MOH) Molina Healthcare is replacing KEYS-Keystone Automotive in the S&P 500 index.
(MW) Men’s Warehouse lowered guidance.
(NNN) National Retail Properties will sell 4M shares in secondary offering.
(PEP) Pepsico $1.06 EPS vs $0.96 est; EPS was $0.99 before gains; reiterated at least $3.35 EPS guidance.
(TUES) Tuesday Morning lowered guidance.
(WBSN) Websense sees revenue guidance 50.4M vs $51.4M; sees EPS within $0.22-0.23 range vs. $0.22 est.
(WGO) Winnebago $0.49 EPS vs $0.41 est.
(WMT) Wal-Mart raised quarter guidance to $0.66 to $0.69 instead of $0.62 to $0.65; sees OCT s-s-s flat to +2.%; shares up almost 4%.
(WTSLA) Wet Seal s-s-s -7%.
(ZUMZ) Zumiez s-s-s +13.9%; shares indicated up 4%.
Jon C. Ogg
October 11, 2007
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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.
