Tag - AMIE

Omnicell, Inc. (Nasdaq:OMCL), Citizens Republic Bancorp, Inc. (Nasdaq:CRBC) and AMCORE Financial, Inc. (Nasdaq:AMFI) were among the new 52-week lows established during Tuesday's trading among companies with market capitalizations or values under $750 million.

Insight Enterprises, Inc. (Nasdaq:NSIT), Ambassadors International, Inc. (Nasdaq:AMIE) and Lee Enterprises, Inc. (NYSE:LEE) were also among the 52-week small-cap lows.

Here are today's 52-week small-cap lows:

The Pantry, Inc. (Nasdaq:PTRY), Imperial Sugar Company (Nasdaq:IPSU) and Britton & Koontz Capital (Nasdaq:BKBK) were among the new 52-week lows established during Wednesday's trading among companies with market capitalizations or values under $750 million.

Ambassadors International, Inc. (Nasdaq:AMIE), Preferred Bank (Nasdaq:PFBC) and Frequency Electronics, Inc. (Nasdaq:FEIM) were also among the 52-week small-cap lows.

Here are today's 52-week small-cap lows:

The Russell 2000 (NYSE: IWM) is losing ground despite opening in the green.

At 10:12 a.m. ET, the small-cap index was down 5.25 points, or 0.78%, to 668.56. The Dow Jones Industrial Average (INDU) had lost 4.96 points, or 0.04%, to 12,151.85.

Small-cap stocks opened higher on momentum following Tuesday’s move by the U.S. Federal Reserve to make up to $200 billion in expanded loans to financial institutions in an effort to ease the credit squeeze.

But the bullish mood evaporated in minutes and small caps fell as investors looked for guidance and were unsure which way to go.

One of the biggest losers is Progenics Pharmaceuticals, Inc. (Nasdaq: PGNX). The Tarrytown, N.Y.-based company is seeing its share price halve on news before the opening that late-stage drug clinical trial has failed.

Shares of Ambassadors International, Inc. (Nasdaq: AMIE) have submerged to a new 52-week low on news after the close on Tuesday that the event company suffered 95% decline in third-quarter earnings.

Net income for the three months ended Sept. 30 was $0.4 million, or $0.03 per share, compared with a net income of $7.6 million, or $0.66 per share a year earlier. Four analysts polled by Thomson Financial were expecting Newport Beach, Calif.-based Ambassadors International to report earnings of $0.56 per share.

Meanwhile, revenue increased 66% to $95.6 million, from $57.6 million during the third-quarter of 2006. Ambassadors International, a cruise, marine, and travel and event company, attributed the rise in additional revenues from the acquisition of Windstar Cruises in April. Its fleet of ships has increased to nine vessels from four a year earlier.

However, the increase in revenue was offset by an 83.8% jump in operating costs, which came to $90.17 million from $49.07 million a year earlier. 

At 3:57 p.m. ET, shares of Ambassadors International (AMIE) had lost $3.65, or 20%, to $14.80. The previous 52-week low of $18.02 was set on Nov. 6. The 52-week high of $48.60 was touched on Dec. 26, 2006.

Nastech Pharmaceutical Co. Inc. (Nasdaq: NSTK), MasTec, Inc. (NYSE: MTZ) and Industrial Services of America, Inc. (Nasdaq: IDSA) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $500 million.

Here are today's biggest percentage losers: