Friday after hours

The following small-cap companies were making news in after-hours trading Friday:

Shares of Ladish Co. Inc. (Nasdaq: LDSH) dropped $4.17, or nearly 10%, to $38.06 in after-hours trading today after the company reported first quarter revenue and earnings that fell significantly below analysts’ expectations. The Cudahy, Wis.-based aircraft parts manufacturer said unplanned equipment downtime limited incremental sales and earnings. It also cited higher raw material prices as being dilutive to earnings.

Biopure Corp. (Nasdaq: BPUR) announced late today that it will transfer the listing of its common stock from The Nasdaq Global Market to the Nasdaq Capital Market. It will begin trading on the Nasdaq Capital Market on April 23 under its existing symbol. (no after hours share price available) The Cambridge, Mass.-based biotech company received notice last October that it was in noncompliance with the Nasdaq global market because its share price had fallen below $1 for 30 consecutive days. It has another 180 days to get into compliance or it will face delisting from the exchange. The stock closed at $0.49 today.

San Diego-based CardioDynamics International Corp. (Nasdaq: CDIC) said today that it is in noncompliance with the Nasdaq exchange because its common stock has closed below $1 per share for 30 consecutive trading days. The healthcare equipment company has 180 calendar days, or until Oct. 15, 2007, to regain compliance. (No after hours activity available) CardioDynamics’ stock was up $0.02, or 2.5%, at $0.80 on higher-than-normal volume.

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