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UPDATE 1-AaiPharma, Monsanto, QLogic, and more.

The America's Intelligence Wire

| March 31, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From CBS Marketwatch (Stories))

Stocks to watch

Shares of AaiPharma fell in pre-market action in reaction to the company's disclosure after Tuesday's closing bell that it would not file its Form 10-K for fiscal 2003 within the 15-day extension period. The Wilmington, N.C., drug firm said it has been unable to complete its review of unusual sales activities in the second half of the year. The company further added that it has uncovered certain matters during the review that are likely to require a material adjustment to its financials for 2003. Also, the failure to file the annual report has put AaiPharma in default of its senior credit facility. The ...

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