Tag - ARRS

DryShips Inc. (Nasdaq:DRYS), Palm Inc. (Nasdaq:PALM) and Arris Group Inc. (Nasdaq:ARRS) are among the most actively traded companies in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Chemical Financial Corp. (Nasdaq:CHFC), TIBCO Software Inc. (Nasdaq:TIBX), Lamar Advertising Co. (Nasdaq:LAMR), Wesbanco Inc. (Nasdaq:WSBC), S&T Bancorp Inc. (Nasdaq:STBA) and Bruker Corp. (Nasdaq:BRKR).

Palm Inc. (Nasdaq:PALM), Rambus Inc. (Nasdaq:RMBS) and PDL BioPharma Inc. (Nasdaq:PDLI) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Almost Family Inc. (Nasdaq:AFAM), Central European Distribution Corp. (Nasdaq:CEDC), Arris Group Inc. (Nasdaq:ARRS), Energy Conversion Devices Inc. (Nasdaq:ENER), NVE Corp. (Nasdaq:NVEC) and Bucyrus International Inc. (Nasdaq:BUCY).

Minefinders Corp Ltd. (Nasdaq:MFN), Tessera Technologies (Nasdaq:TSRA) and Hercules Offshore Inc. (Nasdaq:HERO) are among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: SAVVIS Inc. (Nasdaq:SVVS), Allis-Chalmers Energy Inc. (Nasdaq:ALY), Arris Group Inc. (Nasdaq:ARRS), Meritage Homes Corp. (Nasdaq:MTH), BankAtlantic Bancorp Inc. (Nasdaq:BBX) and Boyd Gaming Corp. (Nasdaq:BYD).

Here are the biggest percentage gainers among small caps:

Olympic Steel Inc (Nasdaq:ZEUS), Dendreon Corp (Nasdaq:DNDN) and GFI Group Inc (Nasdaq:GFIG) are among the most actively traded companies in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: China Sunergy Co Ltd (Nasdaq:CSUN), Arris Group Inc (Nasdaq:ARRS), National Coal Corp (Nasdaq:NCOC), China Finance Online Co Ltd (Nasdaq:JRJC), DXP Enterprises Inc (Nasdaq:DXPE) and IntegraMed America Inc (Nasdaq:INMD).

Here are the most actively traded companies among small caps:

After an impressive rally on Tuesday, small caps are under pressure midday amid gloomy economic outlooks and possible downgrades, and as crude oil prices gushed higher.
 
At 12:28 p.m. ET, the Russell 2000 (NYSE:IWM) was down 1.43, or 0.21%, at 681.29, while the Dow was down 16.45, or 0.14%, at 11,367.76.

After jumping nearly $2 dollars into the open to roughly $138 per barrel, crude oil futures have reversed course and are flickering between the red and black midday. A barrel of light sweet crude oil rose $0.11 to roughly $136 per barrel midday for the August contract. Today’s mild fluctuations come on the heels of consecutive sharp pullbacks this week in the commodity.

Prices were catapulted higher in the morning on news that crude inventory levels slipped more than anticipated. The Energy Information Administration reported this morning that U.S. oil supplies declined by 5.9 million barrels, substantially greater than Platts’ forecasted decrease of 1.9 million barrels. Additionally, Iran test fired missiles to show that they would retaliate if Israel attacks their nuclear production facilities, heightening concerns among oil traders that a conflict could cut off the transportation of crude supplies through the Strait of Hormuz, a highly utilized shipping route for the transportation of crude supplies.  

The International Monetary Fund said today that it remains weary on global economic growth this year and in 2009, as the credit crisis continues to grip global markets and skyrocketing food and fuel prices crimp consumers and businesses. IMF chief Dominique Strauss-Kahn, however, stated that he is more concerned about inflationary pressures.

In a research report this morning, analysts at Goldman Sachs said that a “snap-back rally” was always possible and that on a pure valuation basis, some investors might ask whether economic risk is now adequately priced into the stock market. “We think it remains dangerous to trade against the downside equity market trend . . .

Arris Group Inc (Nasdaq:ARRS), Pure Cycle Corp (Nasdaq:PCYO) and Ardea Biosciences Inc (Nasdaq:RDEA) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Winnebago Industries Inc (Nasdaq:WGO), Cavium Networks Inc (Nasdaq:CAVM), Cache Inc (Nasdaq:CACH), Colony Bankcorp Inc (Nasdaq:CBAN), Bridge Bancorp Inc (Nasdaq:BDGE) and Federal Signal Corp (Nasdaq:FSS).

Here are the biggest percentage losers among small caps:

Small-cap stocks turned lower in choppy trade, unable to sustain buying enthusiasm from Tuesday’s dramatic surge as crude oil prices pushed higher overnight, sparking profit-taking from hot money traders who caught the bounce. At 9:54 a.m. ET, the Russell 2000 (NYSE:IWM) was down 3.80, or 0.56%, at 678.92.

Crude oil futures bounced nearly $2 dollars a barrel to about $138 dollars heading into the stock market open. Energy markets were lifted by reports that Iran test fired missiles to show that they would retaliate if Israel attacks their nuclear production facilities.

Losses were limited by gains in overseas equities trading. Hong Kong stocks rallied 2.7%, China was up 3.9%, Australia up 1.6%, India shares jumped 4.6% and Singapore markets were up 1%, catching up with the big move in U.S. equities from Tuesday.

Earlier this morning, the MBA Mortgage Applications Survey rose 7.5% in the latest weekly period, the second consecutive weekly advance. However, this data series can be volatile, and the total level of mortgage applications are still 18% below last year’s figures. The purchase index on the report rose 6.7%, but is also down 19.4% from 2007. The release of the numbers ahead of the open appeared to have very little immediate trading impact on after-hours stock index markets.

The official start of the earnings season kicked off in fine fettle as Alcoa Inc. (NYSE:AA) rose more than 4% on the open this morning after quarterly results came in better than expected, and helped calm pre-earnings season angst about profits. Other large caps in the news included Nucor Corp. (NYSE:NUE), which jumped nearly 5% early following an analyst upgrade. Airlines were soft this morning with . . .

Arris Group Inc. (Nasdaq:ARRS) is sinking more than 22% today after the company announced ahead of the opening it cut its second-quarter revenue forecast. For the quarter ended June 30, the company now expects revenues between $278 million and $280 million, compared with previous estimates for $288 million to $303 million. Wall Street was expecting revenues of about $294.8 million The Suwanee, Ga.-based telecommunications company said that weaker sales of cable modems brought down the quarterly revenues.

Shares of Arris Group are at $6.81, down $2.09 from Tuesday’s close. Trading volume is below average at less than a quarter of the company’s usual number of shares.

Arris Group Inc (Nasdaq:ARRS), Crocs Inc (Nasdaq:CROX) and A Power Energy Generation Systems Ltd (Nasdaq:APWR) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Evergreen Solar Inc (Nasdaq:ESLR), Finish Line Inc (Nasdaq:FINL), Solarfun Power Holdings Co Ltd (Nasdaq:SOLF), EMCORE Corp (Nasdaq:EMKR), Quest Energy Partners L P (Nasdaq:QELP) and James River Coal Co (Nasdaq:JRCC).

Here are the most actively traded companies among small caps: