Investing

Pre-Market Stock News (December 4, 2007)

Below are the news items affecting individual stocks in pre-market trading:

  • America’s Car-Mart Inc. (CRMT) indicated up over 13% after beating earnings estimates.
  • Deere (DE) trades ex-split to reflect a 2-1 stock split.
  • Dell (DELL) authorized a $10 Billion share buyback plan.
  • Dynegy (DYN) announced that its President and COO will retire at year end.
  • eBay (EBAY) shares up 0.5% on a Yahoo! collaboration on online auctions.
  • H&R Block (HRB) and Cerberus Capital mutually agreed to terminate the sale of Option One Mortgage; HRB shares down over 6% early AM.
  • Lehman Brothers (LEH) will take over Van der Moolen’s NYSE specialist activities.
  • LKQ Corp. (LKQX) trades ex-split to reflect a 2-1 split.
  • Merck (MRK) reaffirmed 2007 EPS guidance and it guides In-Line for 2008, although shares are down almost 2% pre-market.
  • Orbitz Worldwide (OWW) announced a distribution agreement with Avis.
  • Reant-a-Center (RCII) is closing 280 stores.
  • R.H. Donnelley (RHD) announced a $100 million stock buyback plan.
  • Sanderson Farms $1.18 EPS vs. $1.35 EPS estimates; unsure if comparable.
  • TASER (TASR) announced two Follow-On orders.
  • Yahoo! (YHOO) trading flat to up marginally after announcing an online auction collaboration with eBay.

Jon C. Ogg
December 4, 2007

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