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…

By Douglas A. McIntyre
Published December 4, 2007, 8:35am ET · 1 min read

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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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Douglas A. McIntyre

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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