Pre-Market Stock News (November 6, 2007)

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  • Archer-Daniels Midland (ADM) $0.71 vs. $0.59 est.
  • Asset Acceptance Corp. (AACC) -$0.05 EPS vs -$0.05 est.
  • Beazer (BZH) cutting 1/4 workers and suspends dividend; sees new order down 50%.
  • Church & Dwight (CHD) $0.69 EPS vs. $0.589 est.; sees 2007 EPS $2.42-2.44 vs. $2.36 consensus.
  • Cooper Tire (CTB) $0.28 EPS vs $0.30 est.
  • El Paso (EP) $0.22 EPS vs $0.23 est.
  • Emerson (EMR) $0.78 EPS vs $0.75 est.
  • Environmental Tectonics’ (ETC) Aeromedical division won two new contract awards in Middle-East worth a total of $20 million.
  • Fuel-Tech (FTEK) $0.04 EPS vs. $0.06 est.; sees 2007 revenues $76-79 million vs. $79.7 million est.
  • Gerdau AmeriSteel (GNA) $0.40 EPS vs $0.42 est.
  • Google (GOOG) up $25 on analyst Sanford Bernstein raised target to $850.
  • International Securities Exchange (ISE) $0.62 EPS vs $0.53 est.
  • Kellwood (KWD) sets 2008 targets of $1.55 billion revenue from operations and sees $1.50 EPS.
  • K-Swiss (KSWS) $0.36 EPS vs $0.34 est.
  • Momenta Pharma (MNTA) announced FDA letter received says its M-Enoxaparin ANDA is NOT Approvable in current form.
  • Nortel Networks (NT) $0.05 EPS after charges vs. $0.11 est.; Revenues $2.71 Billion vs. $2.77 Billion est.
  • PetroQuest (PQ) $0.16 EPS vs. $0.14 est.
  • PowerSecure $0.15 EPS vs. $0.17 est.
  • QLogic (QLGC) announced a $200 million share buyback plan.
  • Sun Micro (JAVA) up 1.5% after earnings, despite lackluster report.
  • TheStreet.com (TSCM) $0.13 EPS vs $0.12 est.; Revenues $16.1 million vs. $16.3M est.
  • Urban Outfitters (URBN) sees revenues for Q3 at $379.3 million versus $374.5 million est.; s-s-s +8% for the quarter.
  • Valero (VLO) $1.40 EPS vs $1.35 est., but had lowered preliminary numbers.
  • Watson Pharma (WPI) $0.33 EPs vs $0.30 est.

Jon C. Ogg
November 6, 2007