Tag - CALM

Cott Corp. (Nasdaq:COT), DSP Group Inc. (Nasdaq:DSPG) and Middleburg Financial Corp. (Nasdaq:MBRG) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Intellon Corp. (Nasdaq:ITLN), Smart Balance Inc. (Nasdaq:SMBL), Cal Maine Foods Inc. (Nasdaq:CALM), Changyou.com Ltd. (Nasdaq:CYOU), Ampco Pittsburgh Corp. (Nasdaq:AP) and Health Fitness Corp. (Nasdaq:FIT).

Savient Pharmaceuticals Inc. (Nasdaq:SVNT), Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI) and TriQuint Semiconductor Inc. (Nasdaq:TQNT) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: JA Solar Holdings Co Ltd. (Nasdaq:JASO), GT Solar International Inc. (Nasdaq:SOLR), AgFeed Industries Inc. (Nasdaq:FEED), Century Aluminum Co. (Nasdaq:CENX), A Power Energy Generation Systems Ltd. (Nasdaq:APWR) and Cal Maine Foods Inc (Nasdaq:CALM).

DryShips Inc. (Nasdaq:DRYS), Silver Standard Resources Inc. (Nasdaq:SSRI) and DrdGold ADR (Nasdaq:DROOY) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: James River Coal Co. (Nasdaq:JRCC), American Capital Agency Corp. (Nasdaq:AGNC), A Power Energy Generation Systems Ltd. (Nasdaq:APWR), Ituran Location and Control Ltd. (Nasdaq:ITRN), Ciena Corp. (Nasdaq:CIEN) and Cal-Maine Foods Inc. (Nasdaq:CALM).

Virtual Radiologic Corp. (Nasdaq:VRAD), BankAtlantic Bancorp Inc. (Nasdaq:BBX) and FirstFed Financial Corp. (Nasdaq:FED) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Cal-Maine Foods Inc. (Nasdaq:CALM), A Power Energy Generation Systems Ltd. (Nasdaq:APWR), James River Coal Co. (Nasdaq:JRCC), Canadian Solar Inc (Nasdaq:CSIQ), Maguire Properties REIT (Nasdaq:MPG) and WuXi PharmaTech Cayman Inc. (Nasdaq:WX).

Here are the biggest percentage losers among small caps:

Small caps have plunged late afternoon after the bailout bill failed to pass in the House overshadowing the Federal Deposit Insurance Corp.’s brokered deal for Citigroup (NYSE:C) to purchase Wachovia’s (NYSE:WB) banking operations.

At 2:07 p.m. ET the Russell 2000 (NYSE:IWM) was down 5%, or 36, to 668. 

The House of Representatives failed to pass the $700 bailout bill, shocking markets and sending the S&P to its lowest level since 1997. After the bill failed, a motion was made for reconsideration of the bill; however attempts to revive it failed. Uncertainty looms around what comes next.

"Right now the market is extremely disappointed,” Andy Busch, global foreign exchange strategist of BMO Capital Markets, said. “It’s a huge embarrassment to both the Democratic and Republican leadership in the U.S. House. This bill shouldn’t have been brought to the floor if they couldn’t have passed it in its current form. I firmly believe that this was the gun to everyone’s head that they needed to see what was out there for the people who voted against it. I believe they will bring back this bill in another form and vote on it again. It’s dead for now…but I think it’s pretty clear they want to get something done because of the disastrous affect it’s had.”

In an attempt to battle the burgeoning credit crisis globally, the Federal Reserve along with the central banks of other countries said they will work together to inject cash into the global financial system to provide relief for debilitated banks. The U.S. central bank has also received authority to pay interest on reserves held by the Fed.

“This should encourage banks to leave funds at the bank while they receive 2%,” Busch said in an email. “This will allow the Fed to expand its balance sheet without forcing Fed Funds to zero. This means they can potentially pump up the liquidity by massive amounts to assist with the credit crunch.”

In the latest chapter of the credit crisis, Citigroup will act as Wachovia’s white knight under the direction of the FDIC and acquire its banking operations. Under the terms of the deal, Citigroup will assume $42 billion in losses and provide the FDIC with $12 billion in preferred stock and warrants, while the FDIC will absorb the remaining losses. The deal also contains a provision that protects Wachovia debtholders. To finance the deal, Citigroup said it will offer $10 billion in stock and cut its quarterly dividend by half to $0.16 per share. The sale follows the Charlotte, N.C.-based bank’s . . .

Cal-Maine Foods Inc. (Nasdaq:CALM) lost nearly a quarter of its value this morning after reporting disappointing first-quarter fiscal 2009 earnings.

For the three months ended Aug. 30, the Jackson, Miss.-based fresh egg producer said it earned $11.1 million, or $0.47 per share, on revenue of $206.9 million compared with earnings per share of $18 million, or $0.76 per share, on revenue of $178.6 million in the year-ago period.

In a statement issued before the bell this morning, the company blamed “dramatically” higher feed costs for the decline in earnings.

By late morning, Cal-Maine is at $29.51, down $8.40 from Friday’s close.

For detailed price information and news stories on Cal-Maine Foods, click CALM.

Small caps plunged out of the gate on concerns over the $700 billion bailout bill’s effectiveness, global financial distress and as investors digested the Federal Deposit Insurance Corp.’s brokered deal for Citigroup (NYSE:C) to purchase Wachovia’s (NYSE:WB) banking operations.

At 10:15 a.m. ET the Russell 2000 (NYSE:IWM) had tumbled over 3%, or 22.38, to 682.51. 

Regulators came to an agreement on the closely watched $700 billion bailout plan this weekend and will begin voting on the bill today. The bill would essentially nationalize toxic mortgages in an effort to free banks’ balance sheets of these opaque instruments that have frozen lending. However, the market remains skeptical of the bill’s ability to isolate and thwart this reeling financial crisis.

In the latest chapter of the credit crisis, Citigroup will act as Wachovia’s white knight under the direction of the FDIC and acquire its banking operations. Under the terms of the deal, Citigroup will assume $42 billion in losses and provide the FDIC with $12 billion in preferred stock and warrants, while the FDIC will absorb the remaining losses. The sale follows the Charlotte, N.C.-based bank’s negotiations over the weekend with Wells Fargo and Spain’s Banco Santander. 

Overseas, world markets are swooning. Britain’s FTSE index is down almost 3% on Monday’s session, as the United Kingdom experiences the wrath of the credit crisis. Mortgage lender Bradford & Bingley became the second bank to be bailed . . .

Cal-Maine Foods Inc. (Nasdaq:CALM), Evergreen Solar Inc. (Nasdaq:ESLR) and Solarfun Power Holdings Co Ltd. (Nasdaq:SOLF) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: TBS International Ltd. (Nasdaq:TBSI), A Power Energy Generation Systems Ltd. (Nasdaq:APWR), TiVo Inc. (Nasdaq:TIVO), China Finance Online Co Ltd. (Nasdaq:JRJC), James River Coal Co. (Nasdaq:JRCC) and CV Therapeutics Inc. (Nasdaq:CVTX).

Here are the most actively traded companies among small caps:

SI Financial Group Inc. (Nasdaq:SIFI), National Coal Corp. (Nasdaq:NCOC) and MAP Pharmaceuticals Inc. (Nasdaq:MAPP) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Griffon Corp. (Nasdaq:GFF), General Steel Holdings Inc. (Nasdaq:GSI), Metalico Inc. (Nasdaq:MEA), Titan Machinery Inc. (Nasdaq:TITN), Cal-Maine Foods Inc. (Nasdaq:CALM) and Exide Technologies (Nasdaq:XIDE).

Here are the biggest percentage losers among small caps:

Transact Technologies Inc (Nasdaq:TACT), Momenta Pharmaceuticals Inc (Nasdaq:MNTA) and Ebix Inc (Nasdaq:EBIX) are among the new 52-week highs in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: ArcSight Inc (Nasdaq:ARST), Republic Banc KY  (Nasdaq:RBCAA), CardioNet Inc (Nasdaq:BEAT), Cal-Maine Foods Inc (Nasdaq:CALM), TeleCommunication Systems Inc (Nasdaq:TSYS) and K-Tron International Inc (Nasdaq:KTII).

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

ILOG ADR (Nasdaq:ILOG), Synchronoss Technologies Inc (Nasdaq:SNCR) and Idera Pharmaceuticals Inc (Nasdaq:IDRA) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: South Finl Group (Nasdaq:TSFG), Hain Celestial Group Inc (Nasdaq:HAIN), Gilat Satellite Networks Ltd (Nasdaq:GILT), Pacer International Inc (Nasdaq:PACR), American Pacific Corp (Nasdaq:APFC) and Cal-Maine Foods Inc (Nasdaq:CALM).

Here are the most actively traded companies among small caps:

Canadian Solar Inc (Nasdaq:CSIQ), China Sunergy Co Ltd (Nasdaq:CSUN) and Fuqi International Inc (Nasdaq:FUQI) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Phase Forward Inc (Nasdaq:PFWD), TASER International Inc (Nasdaq:TASR), Cal-Maine Foods Inc (Nasdaq:CALM), Spectranetics Corp (Nasdaq:SPNC), Ladish Co Inc (Nasdaq:LDSH) and Ness Technologies Inc (Nasdaq:NSTC).

Here are the most actively traded companies among small caps:

GFI Group Inc (Nasdaq:GFIG), Cal-Maine Foods Inc (Nasdaq:CALM) and Solarfun Power Holdings Co Ltd (Nasdaq:SOLF) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Canadian Solar Inc (Nasdaq:CSIQ), FCStone Group, Inc. (Nasdaq:FCSX), National Coal Corp (Nasdaq:NCOC), Quest Energy Partners L P (Nasdaq:QELP), DrdGold ADR (Nasdaq:DROOY) and Gilat Satellite Networks Ltd (Nasdaq:GILT).

Here are the most actively traded companies among small caps:

Cal-Maine Foods Inc. (Nasdaq:CALM) is up 11.8% in pre-market trading today after weekly financial publication Barron’s said over the weekend the shell egg producer could double profits during the next year. The Jackson, Miss.-based company closed a deal on Tuesday last week to acquire Zephyr Egg Company, an agreement that included two million hens, pullet growing facilities, two egg processing plants and a feed mill. Cal-Maine also acquired Zephyr’s holdings in American Egg Products Inc. Ahead of the opening bell today, Cal-Maine shares are at $36.00, up $3.80 from Friday’s close. Shares of the company have gone up more than 73% during the past year. 

Shares of Cal-Maine Foods, Inc. (Nasdaq:CALM) are lower despite news before the opening that the producer and marketer of shell eggs will pay a dividend on May 15 to all shareholders of record on April 30. The Jackson, Miss.-based company will pay about $0.807 per share to holders of its common stock and a cash dividend of $0.767 per share to holders of its Class A common stock.

At 2:40 p.m. ET, the stock had let go $1.44, or 5%, to $28.40.

NGP Capital Resources Co. (Nasdaq:NGPC), EMCORE Corp. (Nasdaq:EMKR) and Nektar Therapeutics (Nasdaq:NKTR) are among the most actively traded companies in Thursday's pre-market trading among those with market capitalizations under $750 million.

Apogee Enterprises, Inc. (Nasdaq:APOG), Cal-Maine Foods, Inc. (Nasdaq:CALM) and SiRF Technology Holdings Inc. (Nasdaq:SIRF) are also among the most actively traded small-cap companies in pre-market trading.

Here are the most actively traded small-cap companies in Thursday's pre-market trading:

Cal-Maine Foods, Inc. (Nasdaq: CALM) shares are rising after the egg producer reported a 528% jump in second-quarter profits due to record egg prices during the three-month period.

“These results reflect the favorable market conditions, with egg prices reaching record levels during the quarter,” CEO Fred Adams, Jr. said in a statement. “All of our operations performed well during the period. The egg industry has received positive reports from both the medical and nutritional communities, and eggs continue to represent a good value compared with other food products.”

Cal-Maine earned $40.2 million, or $1.69 per share, up from $6.4 million, or $0.27 per share, during the same period of 2006.  The Jackson, Miss.-based company’s quarterly sales climbed 62.5% to $223.7 million, from $137.7 million a year earlier.

Adams said he expects feed costs to remain high with ethanol demand pushing up corn expenses and adding to price pressures.

On the year to date, Cal-Maine’s stock price has more than tripled. In morning trading, CALM shares are up 16.6%, or $4.30 at $30.15. Over the last 52 weeks, shares have ranged from $8.30 to $31.45.

Producer and marketer of shell eggs Cal-Maine Foods, Inc. (Nasdaq: CALM) announced it swung to a profit in its fiscal fourth quarter before the bell this morning.

For the three months ended June 2, the Jackson, Miss.-based company reported net earnings of $18.3 million, or $0.78 per basic share, compared with a net loss of $0.21 million, or $0.01 per basic share, for the same period last year.

Cal-Maine booked net sales of $169.9 million, compared with net sales of $129.4 million for the fourth quarter last year.

Shares of Cal-Maine bumped up 8.91%, or $1.80, to $22.00 in pre-market trading.

NUCRYST Pharmaceuticals Corp. (Nasdaq: NCST), Spectrum Pharmaceuticals, Inc. (Nasdaq: SPPI) and Cal-Maine Foods, Inc. (Nasdaq: CALM) were among the most actively traded companies in Monday pre-market trading among those with market capitalizations under $500 million: