Investing

Pre-Market Stock News (December 5, 2007)

This not all of the big stock news in pre-market trading on Tuesday evening, but these are some of the ones that 247WallSt.com is focusing on. Adolor (NASDAQ:ADLR) in pain treatment collaboration pact with Pfizer. AECOM (NYSE:ACM) announced a $63.6…

By Douglas A. McIntyre
Published December 5, 2007, 8:34am ET · 2 min read

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This not all of the big stock news in pre-market trading on Tuesday evening, but these are some of the ones that 247WallSt.com is focusing on.

  • Adolor (NASDAQ:ADLR) in pain treatment collaboration pact with Pfizer.
  • AECOM (NYSE:ACM) announced a $63.6 million DOD contract for support services in Iraq.
  • Blyth Industries (NYSE:BTH) $0.24 EPS vs. $0.12 estimates.
  • Comcast (NASDAQ:CMCSA) down 4% on them cutting cable subscriber growth rates.
  • DSW (NYSE:DSW) beat earnings but guidance is light.
  • Fannie Mae (NYSE:FNM) cut dividend from $0.50 to $0.35; will sell $7 Billion in securities.
  • Goodrich Petroleum (NYSE:GDP) priced 5.8 million shares at $23.50.
  • Guess$ (NYSE:GES) $0.62 EPS vs $0.58 est.; raised 2008 and 2009 guidance.
  • Hercules Offshore (NASDAQ:HERO) announced a 3-year contract for jackup rigs in India.
  • Jones Soda (NASDAQ:JSDA) CEO Van Stolk is stepping down at the end of this year.
  • Lexicon Pharma (NASDAQ:LXRX) starts dosing for Phase IIa Trial with LX6171 for Alzheimer’s Disease.
  • Napster (NASDAQ:NAPS) is launching a new music discovery and listening channel through NTT DoCoMo.
  • Raytheon (NYSE:RTN) up marginally after Jim Cramer called it a permanent bullish stock.
  • Sohu.com (NASDAQ:SOHU) trading up over 10% after raised guidance.
  • Synta Pharma receives (NASDAQ:SNTA) $80 million upfront payment from GlaxoSmithKline.
  • United Therapeutics (NASDAQ:UTHR) said its OvaRex MAb trials failed to meet endpoints on ovarian cancer trials.

Jon C. Ogg
December 5, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

Contact [email protected] for any questions or corrections.

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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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