In August, when the company traded in the low to mid 20s range, Calamos repurchased $29.2 million (1,212,200 shares) worth of stock, representing 5.4% of its outstanding shares. This concluded the previous buyback program approved last October in which the CLMS was authorized to purchase up to two million shares. Further, the Board of Directors still believes the company is undervalued and just announced a new plan to repurchase up to two million additional shares or 10% of the company.

StreetInsider.com reports Monster Worldwide (Nasdaq: MNST) reported Q3 EPS of $0.35, 2 cents better than the analyst consensus of $0.33. Revenues for the quarter were $337 million, versus the consensus of $336.6 million. Raises buyback by $100 million to $350 million. Revenue guidance for the year is $1.345 to $1.365 billion, consensus is $1.35 billion.

IDTI raises buyback by $200 million bringing to $400 million. Lang to resign as CEO and President. Integrated Device Technology, Inc. (IDT) designs, develops, manufactures and markets a range of semiconductor solutions for the advanced communications and computing industries.

Lincare Holdings Inc. announced its intention to commence an offering of up to $500 million convertible senior debentures. Lincare intends to use up to approximately $150 million of the net proceeds from the issuance of the Debentures to acquire shares of its common stock concurrently with the offering and it may use additional proceeds for further stock repurchases following the offering.

During the third quarter of 2007, PACCAR invested $249.7 million to repurchase 4.58 million of its common shares (adjusted for the recent 50 percent stock dividend). These purchases complete the $300 million share repurchase authorization from its Board of Directors. PACCAR has invested $978 million to repurchase 27.4 million common shares in the last three years. “The share repurchase programs reinforce the fact that PACCAR is an excellent long-term investment,” said Mike Tembreull, vice chairman. The company’s stock, including reinvested dividends, has outperformed the S&P 500 Index for the previous one-, three-, five- and ten-year time periods.

Celadon Group reported Q3 EPS of $0.11, 10 cents lower than the analyst consensus of $0.21. Revenues for the quarter were $133.8 million, versus the consensus of $132.26 million. Celadon also announced a 2 million share stock buyback plan.