Tag - BXG

Bluegreen Corp (Nasdaq:BXG), Momenta Pharmaceuticals Inc (Nasdaq:MNTA) and Hawaiian Holdings Inc (Nasdaq:HA) are among the new 52-week highs in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Westwood Holdings Group Inc (Nasdaq:WHG), First Financial Corp (Indiana) (Nasdaq:THFF), Idenix Pharmaceuticals Inc (Nasdaq:IDIX), Cyberonics Inc (Nasdaq:CYBX), LTC Properties Inc (Nasdaq:LTC) and Merit Medical Systems Inc (Nasdaq:MMSI).

Here are the new 52-week highs among small caps:

Bluegreen Corp (Nasdaq:BXG), UAL Corp (Nasdaq:UAUA) and Preferred Bank (Nasdaq:PFBC) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Sierra Bancorp (Nasdaq:BSRR), ATA Inc (Nasdaq:ATAI), Omnicell Inc (Nasdaq:OMCL), Domino's Pizza Inc (Nasdaq:DPZ), Babcock & Brown Air Ltd (Nasdaq:FLY) and Community Bancorp (Nevada) (Nasdaq:CBON).

Here are the biggest percentage gainers among small caps:

After a rocky morning for small caps, stocks edged higher, lifted by plunging crude prices and gains in consumer and retail companies. At 12:46 p.m. ET, the Russell 2000 (NYSE:IWM) was up 8.85, or 1.27%, at 706.48.

The price of crude oil sank $5 per barrel to $126 at mid-session to a six-week low. Weather forecasts predicted Tropical Storm Dolly will likely miss oil fields and refineries along the Gulf Coast. Previous reports warned the storm would come close to the area, possibly disrupting oil production.

Airline companies jumped on the news with Continental Airlines Inc. (NYSE:CAL) and JetBlue Airways Corporation (Nasdaq:JBLU) soaring more than 20% as the fuel costs showed the first signs of decreasing.

Financial stocks took a hit today after the Congressional Budget Office said it could cost the government as much as $25 billion to help troubled Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE). Congress will vote this week on whether Fannie and Freddie will receive government assistance. U.S. Treasury Secretary Henry Paulson said today that action must be taken to boost consumer confidence while strengthening the housing market.

Mortgage losses brought down Wachovia Corporation (NYSE:WB), which posted an unexpected second-quarter loss today of $8.9 billion and announced plans to eliminate 6,350 workers. Investors took solace in the fact that $6.1 billion of that was from a goodwill impairment charge.

Among broad market sectors on the rise are airline transportation; recreational activities; accident and health insurance; and home improvement retailers. Heading downward are coal; oil and gas operations; computer hardware; and computer storage devices.

Small caps leading the pack include Bluegreen Corporation (NYSE:BXG), which is up 90% today’s trading after announcing ahead of the opening its plans . . .

Bluegreen Corporation (NYSE:BXG) is up 85% in today’s trading after announcing ahead of the opening its plans to sell itself for $500 million to Diamond Resorts International. The companies signed a non-binding letter of intent that gives Diamond Resorts the right of negotiation through Sept. 15. Diamond Resorts offered $15 per share for Bluegreen, which amounts to about $500 million – more than double the market value of the company. Boca Raton, Fla.-based Bluegreen operates resorts and residential community businesses.

In today’s trading, shares are at $11.92 at 9:59 a.m. ET, up $5.48 from Monday’s close. During the past 52 weeks, shares have ranged from $5.91 to $12.53.

The Lamson & Sessions Co. (NYSE: LMS), Spartan Motors, Inc. (Nasdaq: SPAR) and Resource America, Inc. (Nasdaq: REXI) are among the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $500 million.

Here are today's biggest percentage gainers: