StreetInsider.com Pre-Open Movers 09/11

September 11, 2006 9:20 AM EDT
StreetInsider.com Pre-Open Movers:

NS Group Inc. (NYSE: NSS) 39% HIGHER; IPSCO Inc. (NYSE: IPS) and NS Group, Inc. jointly announced today that they have entered into a definitive agreement pursuant to which IPSCO will acquire NS Group for $66.00 per share in cash.

Freescale Semiconductor, Inc. (NYSE: FSL) 19% HIGHER; The New York Times reported a consortium of investment firms is near a deal to buy Freescale for more than $16 billion, citing people close to the matter.

QLT Inc. (Nasdaq: QLTI) 4.3% HIGHER; Announced the preliminary results of its modified "Dutch Auction" tender offer. QLT expects to purchase for cancellation 13 million shares of its common stock at a price of US$8.00 per share, for a total cost of US$104 million.

Dell Inc. (Nasdaq: DELL) 3.7% LOWER; is delaying the filing of the Form 10-Q for its fiscal second quarter ended August 4, 2006. In light of these developments, the company has suspended its ongoing share repurchase program until further notice.

Campbell Soup Co. (NYSE: CPB) 2.4% LOWER; EPS of $0.23. Revenues came in at $1.45 billion versus the consensus of $1.54 billion

NVIDIA Corp. (Nasdaq: NVDA) 2% LOWER; Delays 10-Q

Citrix Systems, Inc. (Nasdaq: CTXS) 1.5% HIGHER; RBC Capital upgrades Citrix Systems to Top Pick

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