Today's Trading

Dow falls but Russell 2000 holds on

SMALLCAP MARKETPLACE
Alex Alexandrov | May 29, 2007 2:44pm EDT
Rating: Unrated
The Russell 2000 is in positive territory while the Dow has slipped into the red as the price of oil takes a tumble.  At 14:39 p.m. ET the Russell 2000 had gained 3.76 points, or 0.45%, to 833.69.  The Dow Jones Industrial Average was down 28.93 points, or 0.21%, to 13,478.35.

Shares of TAT Technologies Ltd. (Nasdaq: TATTF) are rising after news the manufacturer of heat transfer equipment reported a doubling of its quarterly profit.  The net income for the quarter ended March 31 was $2.59 million, an increase of 106% compared with a net income of $1.25 million in the first quarter of 2006.

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