Monday Pre-Market Notes By Ticker

by: Jon Ogg

Via News Contrast:

S&P FAIR VALUE -$0.52. US Stock futures indicated down 0.6% after additional selling in EU & Asia.

(AGIX) AtheroGenics announced class action suit dismissal.
(NYSE:BA) Boeing gets a $360M pact from United Kingdom Air Force.
(CEGE) Cell Genesys said interim results in bladder cancer trial were positive and tolerable.
(CYTO) Cytogen Corp reports positive indications from new prostate study.
(NYSE:DDS) Dillard’s DDS EPS of $0.77 vs $0.57e; unsure if comparable.
(NYSE:DHT) Double Hull Tanker $0.39 EPS vs $0.36e.
(NASDAQ:DLLR) Dollar Financial filed to sell 7M shares of common stock.
(NASDAQ:DYAX) DYAX enters into license agreement with ICOS where it granted a non-exclusive license to its proprietary libraries to ICOS for the discovery and development of therapeutic antibodies
(NYSE:DYN) Dynegy will sell 35M shares of common to redeem convertible preferred stock.
(NYSE:EC) Englehard offer from BASF (BF) raised to $39 from $38 per share and company raised guidance.
(NASDAQ:FTD) FTD Group put guidance of $0.81 for FY06 vs $0.77e and $0.76 prior guidance.
(GGXY) Golf Galaxy sees EPS $0.19-0.22 vs $0.20e.
(NYSE:GLW) Corning reitr guidance at $0.24-0.26 EPS vs $0.25eand R$1.29-1.33B vs $1.32B(e).
(NYSEMKT:GTE) GlobeTel was noted as a sham stock according to NYPost.
(HNAB) Hana Biosciences gets an FDA orphan drug designation for Talotrexin for leukemia.
(NASDAQ:KLAC) KLA-Tencor under SEC options probe as well.
(KOMG) Komag is reaffirming its partnership with Seagate Tech.
(NYSE:LOW) Lowe’s $1.06 EPS vs $0.94e.
(NASDAQ:MANT) Mantech won a $10M Army Corp of Engineers.
(NASDAQ:MERC) Mercer registered 9M shares for sale.
(NYSE:NYX) New York Stock Exchange proposed a merger with Euronext NV.
(OPWV) Openwave gets SEC inquiry on options.
(NASDAQ:PACT) Pacificnetcom $0.08 EPS vs $0.08e.
(NASDAQ:TIVO) TiVo is partnering with magazines according to NYPost.
(VPHM) ViroPharma announced positive hepatitis studies.
(NASDAQ:VRTX) Vertex announced positive hepatitis trial results.
(NYSE:WMT) Wal-Mart is selling is S. Korean retail business for $80+M.
(NASDAQ:YHOO) Yahoo! up1.5% after positive feature as Barron’s story.

ANALYST CALLS:
AAPL reitr Outperform at Piper Jaffray.
AIZ reitr Outperform at KBW.
AMAT reitr outperform at Thomas Weisel.
AMGN raised to Outperform at Wachovia.
AMX raised to buy at Citigroup.
ANN cut to Equal Weight at Lehman.
ARRS raised to Buy at Raymond James.
ATVI raised to Hold at Citigroup.
AZPN reitr Buy at Jefferies; maintained Peer Perform at Bear Stearns.
ALTH raised to Outperform at Cowen.
BBY raised est/tgt at Lehman.
BEAV reitr Buy at UBS.
CDWC reitr Neutral at B of A.
COF reitr Overweight at Lehman.
CY raised to Buy at UBS.
EBAY tgt cut to $30 from $35 at Deutsche Bank.
ERTS raised to Outperform at Piper Jaffray.
FDRY reitr Outperform at RBC.
GLG raised to Buy at Merrill Lynch.
GOOG reitr Outperform at Bear Stearns.
HIBB added to JPMorgan Focus List.
IFSIA reitr Buy at Robinson Humphreys.
JNPR raised to Peer Perform at Bear Stearns.
KYPH started as In-Line at Goldman Sachs.
LU raised to Buy at UBS.
LUM started as Outperform at KBW.
MCHP raised to Buy at UBS.
MFLX reitr Overweight at MSDW.
NSM cut to Mkt Perform at Piper Jaffray.
NTAP raised to Peer Perform at Thomas Weisel.
OCR reitr Overweight at MSDW.
ODSY reitr Neutral at Cowen.
ORCT cut to Sector Perform at RBC.
PLCE raised to Sector Perform at CIBC.
RL tgt raised to $65 at Prudential.
RSAS cut Accumulate at ThinkEquity
STJ cut to Hold at Deutsche Bank.
TNP reitr Buy at Jefferies.
TRGT started as Buy at Deutsche Bank.
TUES cut to Underperform at JMP Securities.
TS raised to Buy at UBS.
VNDA started as Overweight at JPMorgan.
VSTA maintained underperform at Cowen.

Bank of America’s chief strategist raised equity allocations from 55% to 60%.
Soleil already panned the Vonage (NYSE:VG) IPO at the current pricing range saying they can’t recommend it at the pricing range.

Jim Cramer’s Mad Money: Cramer discussed the drop in the markets at length and suggested five diversified stocks that really got killed. He said to look at Freeport-McMoRan (NYSE:FCX), Halliburton (NYSE:HAL), JPMorgan (NYSE:JPM), Tellabs (NASDAQ:TLAB), and Boeing (BA). Cramer also recommended a natural gas play, Georgia Gulf (GGC). In the "Lightning Round," Cramer was POSITIVE on Peabody Energy (BTU), Gymboree (NASDAQ:GYMB), Centerpoint Energy (NYSE:CNP), H&E Equipment Services (NASDAQ:HEES), Cerner (NASDAQ:CERN), Essex Corp (NASDAQ:KEYW), Smith & Wesson (SWB), Hain Celestial (NASDAQ:HAIN), Whole Foods (WFMI), Disney (NYSE:DIS), Lowe's (LOW), and Starbucks (NASDAQ:SBUX), and was NEGATIVE on Burger King (BKC) and Chipotle (NYSE:CMG), United Natural Foods (NASDAQ:UNFI), Home Depot (NYSE:HD), Playboy (PLA), and Sony (NYSE:SNE).