Tag - CETV

Aladdin Knowledge Systems Ltd. (Nasdaq:ALDN), Focus Media Holding Ltd. (Nasdaq:FMCN) and Rigel Pharmaceuticals Inc. (Nasdaq:RIGL) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Celera Corp. (Nasdaq:CRA), Central European Media Enterprises Ltd. (Nasdaq:CETV) and Energy Conversion Devices Inc. (Nasdaq:ENER) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Focus Media Holding Ltd. (Nasdaq:FMCN), Concur Technologies Inc. (Nasdaq:CNQR), Sigma Designs Inc. (Nasdaq:CPHD), SunPower (Nasdaq:SPWRA) and DrdGold ADR (Nasdaq:DROOY).

TBS International Ltd. (Nasdaq:TBSI), Energy Conversion Devices Inc. (Nasdaq:ENER) and Central European Media Enterprises Ltd. (Nasdaq:CETV) are among the most actively traded companies in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Palm Inc. (Nasdaq:PALM), Herman Miller Inc. (Nasdaq:MLHR), Silver Standard Resources Inc. (Nasdaq:SSRI), Imperial Sugar Co. (Nasdaq:IPSU), Mellanox Technologies Ltd. (Nasdaq:MLNX) and Data Domain Inc. (Nasdaq:DDUP).

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

Also included among the results: Central European Media Enterprises Ltd. (Nasdaq:CETV), TIBCO Software Inc. (Nasdaq:TIBX), Eclipsys Corp (Nasdaq:ECLP), Arena Pharmaceuticals Inc. (Nasdaq:ARNA), Silver Standard Resources Inc. (Nasdaq:SSRI) and Papa Johns International Inc. (Nasdaq:PZZA).

Rambus Inc. (Nasdaq:RMBS), Zhongpin Inc. (Nasdaq:HOGS) and Cracker Barrel Old Country Store Inc. (Nasdaq:CBRL) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Central European Media Enterprises Ltd. (Nasdaq:CETV), MAP Pharmaceuticals Inc. (Nasdaq:MAPP), Geron Corp. (Nasdaq:GERN), Bucyrus International Inc. (Nasdaq:BUCY), DrdGold ADR (Nasdaq:DROOY) and Huron Consulting Group Inc. (Nasdaq:HURN).

DryShips Inc. (Nasdaq:DRYS), Geron Corp. (Nasdaq:GERN) and Palm Inc. (Nasdaq:PALM) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Perfect World Co Ltd. (Nasdaq:PWRD), Rambus Inc. (Nasdaq:RMBS), Ameristar Casinos Inc. (Nasdaq:ASCA), BE Aerospace Inc. (Nasdaq:BEAV), Central European Media Enterprises Ltd. (Nasdaq:CETV) and Iconix Brand Group Inc. (Nasdaq:ICON).

Geron Corp. (Nasdaq:GERN), DryShips Inc. (Nasdaq:DRYS) and Synaptics Inc. (Nasdaq:SYNA) are among the most actively traded companies in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Palm Inc. (Nasdaq:PALM), Scansource Inc (Nasdaq:SCSC), Hiveld Steel Depository Receipt (Nasdaq:HSVLY), Eagle Bulk Shipping Inc (Nasdaq:EGLE), DrdGold ADR (Nasdaq:DROOY) and Central European Media Enterprises Ltd (Nasdaq:CETV).

Small-cap stocks edged modestly higher into midday, with support from financial, insurance, airline and homebuilder stocks countered by sinking energy and commodity shares.  Some of today’s small-cap gainers are BioSpecifics Technologies Corp. (Nasdaq:BSTC), G III Apparel Group Ltd. (Nasdaq:GIII) and Emeritus Corporation (NYSE:ESC).

Other Market Watch highlights today included:

• Financial shares were on the mend today, and there were plenty of small banks near the top of the percentage movers list.  
• One immediate beneficiary of the energy price slide should be the airline group; sure enough airlines were among the best performers today.  
• The Commodity Research Bureau Index of 19 physical markets was down 1.7% at midday, clearly one of the weakest asset classes in the mix.  
• The U.S. dollar staged a big comeback against the euro today, not only wiping out overnight losses, but rising 0.9%.  
• Oil and gas drillers & oil equipment services firms are among the worst performers today; the Energy Select Sector SPDR Fund is down 2.6%.

Small Cap Gainers:

• BioSpecifics Technologies Corp. jumped 41% as the biopharma firm announced a licensing agreement with Pfizer Inc. See (Nasdaq:BSTC). 
• G III Apparel Group Ltd. jumped 21%, rising above the 20-day moving average for the first time since the third week of October. See (Nasdaq:GIII).  
• Emeritus Corporation rose 20%, as the senior facilities living operator climbed above $10 for the first time since early November. See (NYSE:ESC).  
• Chindex International Inc. rose 19% as the provider of health care products in China announced an executive pay freeze for 2009. See (Nasdaq:CHDX).  

Small Cap Losers:

• Tennant Co. slumped 19% as the safety solutions firm announced restructuring plans amid slower sales. See (NYSE:TNC).
• Central European Media Enterprises Ltd. tumbled 17% as the eastern European network gave back impressive gains from Wednesday in quick fashion. See (Nasdaq:CETV).  
• Actuant earnings slashed in first quarter, shares tumble 7%. See (NYSE:ATU).

Small-cap stocks edged modestly higher into midday, with support from financial, insurance, airline and homebuilder stocks countered by sinking energy and commodity shares. At 12:27 p.m. ET, the Russell 2000 (NYSE:IWM) was up 1.55, or 0.32%, at 488.14.

Crude oil prices tumbled some 4% so far today, sinking below $38 a barrel at one point for the first time since July 2004. The pullback in crude oil prices has sent a chill throughout the energy arena; oil and gas drillers and oil equipment services firms were among the worst performers today and the Energy Select Sector SPDR Fund was down 2.6%. The U.S. dollar staged a big comeback against the euro today, not only wiping out overnight losses, but rising 0.9%, which took some of the buying edge off commodities as well. The Commodity Research Bureau Index of 19 physical markets was down 1.7% at midday, clearly one of the weakest asset classes in the mix.

One immediate beneficiary of the slide in energy prices should be the airline group, and sure enough airlines were among the best performers today. The AMEX Airline Index was up 3.2%, and small-cap carriers such as US Airways Group Inc. (NYSE:LCC) were up 3.3%, while UAL Corp. (Nasdaq:UAUA) was up 7.7%.

Financial shares were on the mend today, and there were plenty of small banks near the top of the percentage movers list. Insurance companies were clearly on a roll today, with Lincoln National Corp. (NYSE:LNC) up 7.1% at midday, and solid gains seen on other companies as well throughout the group.

Individual small caps on the move today included G III Apparel Group Ltd. (Nasdaq:GIII), which jumped 21%, rising above the 20-day moving average for the first time since the third week of October. Emeritus Corporation (NYSE:ESC) rose 20%, as the senior facilities living operator climbed above $10 for the first time since early November. ESC stock has more than doubled off the late November lows. Chindex International Inc. (Nasdaq:CHDX) rose 19% as the provider of . . .

DryShips Inc. (Nasdaq:DRYS), DrdGold ADR (Nasdaq:DROOY) and Gibraltar Industries Inc. (Nasdaq:ROCK) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Canadian Solar Inc. (Nasdaq:CSIQ), Tessera Technologies (Nasdaq:TSRA), Ciena Corp. (Nasdaq:CIEN), Central European Media Enterprises Ltd. (Nasdaq:CETV), Eagle Bulk Shipping Inc. (Nasdaq:EGLE) and Cracker Barrel Old Country Store Inc. (Nasdaq:CBRL).

Small-cap stocks stormed higher Tuesday, extending a morning rally when investors got word that the Federal Reserve slashed interest rates to the lowest level in history and hinted that they wouldn’t hesitate to utilize other tactics to help jolt the moribund economy out of one of the worst recessions since the Great Depression of the 1930s. The Russell 2000 (NYSE:IWM) rose 30.28, or 6.69%, to 482.35, the highest daily close since Nov. 13. For the year, the Russell is still down 37%, while the Dow is off 33% and the S&P 500 is down 38%.

The FOMC stunned the market by slashing rates by 75 to 100 basis points, well beyond the 50-bp cut that was expected. Policy makers also made no bones about their mission right now: save the economy, worry about prices later. In fact, the Fed’s own statement said they would “employ all available tools to promote the resumption of sustainable economic growth and to preserve price stability.” With prices sinking as evidenced by today’s CPI report, the clear goal is economic growth. Now that the Fed is basically handing out money free of charge to those with access to the Fed window, the next order of business would appear to be attacking long-term interest rates, either through direct purchases or other means. The action was bold and stock market investors liked the approach.

It will be interesting to see if the heightened focus on long-term rates will provide a spark to the moribund housing market. Housing starts numbers released this morning tumbled to the lowest rate in history and slumped 18.9% on a seasonally adjusted rate. Despite the gloomy picture of the housing market, homebuilder shares took off today, attracting bottom-fishers on hopes that a light at the end of the tunnel . . .

Hot Topic, Inc (Nasdaq:HOTT), Central European Media Enterprises Ltd (Nasdaq:CETV) and Diamond Foods Inc (Nasdaq:DMND) are among the most actively traded companies in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: AeroVironment Inc (Nasdaq:AVAV), ATP Oil & Gas Corporation (Nasdaq:ATPG), II VI Inc (Nasdaq:IIVI), Questcor Pharmaceuticals Inc (Nasdaq:QCOR), ViroPharma Inc (Nasdaq:VPHM) and Silver Standard Resources Inc (Nasdaq:SSRI).

Here are the most actively traded companies among small caps:

XenoPort Inc. (Nasdaq:XNPT), Tessera Technologies (Nasdaq:TSRA) and Franklin Electric Co Inc. (Nasdaq:FELE) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Central European Media Enterprises Ltd. (Nasdaq:CETV), Skyworks Solutions Inc. (Nasdaq:SWKS), PowerShares FTSE (Nasdaq:PRFZ), James River Coal Co. (Nasdaq:JRCC), Beacon Roofing Supply Inc. (Nasdaq:BECN) and Umpqua Holdings Corp. (Nasdaq:UMPQ).

Omrix Biopharmaceuticals Inc. (Nasdaq:OMRI), Hughes Communications Inc. (Nasdaq:HUGH) and Pan American Silver Corp. (Nasdaq:PAAS) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: UAL Corp. (Nasdaq:UAUA), Central European Media Enterprises Ltd. (Nasdaq:CETV), CBRL Group Inc. (Nasdaq:CBRL), Focus Media Holding Ltd. (Nasdaq:FMCN), Cascade Bancorp (Nasdaq:CACB) and Zoltek Companies Inc. (Nasdaq:ZOLT).

Other Market Watch highlights today included:

• Stock index futures were in the midst of a hard bounce off the lows ahead of PPI, and pulled back slightly after the inflation headlines.
• The PPI report headline figure came in at minus 2.8%, which was a much bigger decline than the forecast of 1.8%.  
• Bank stocks, mining companies and oil services shares were soft overseas, flashing a show of weakness ahead of inflation data in the U.S. 
• Small caps to open solidly lower, pressured by slumping equity markets around the world overnight.

Small Cap Gainers:

• IDM Pharma receives recommendation for approval of Mifamurtide in Europe; shares pop 80% in pre-market. See (Nasdaq:IDMI).
• Diamond Foods, Inc. is up 3.23% in after hours after it was announced late Monday that the company would replace Flowers Foods in the S&P SmallCap 600. See (Nasdaq:DMND).  

Small Cap Losers:

• DivX sues Yahoo for ad deal pull out. Shares of DivX are down nearly 20% in pre-market. See (Nasdaq:DIVX).  
• Central European Media Enterprises down another 18.6% in pre-market after closing at a multi-year low on Monday. See (Nasdaq:CETV).  
• ReneSola reaffirms below estimates, shares dive over 17% in pre-market. See (NYSE:SOL).  
• Sigma Designs is down 8% in pre-market after revising its Q3 revenue outlook lower. See (Nasdaq:SIGM).  
• GM slipped 1% in pre-market after the White House opposed a plan pushed by Senate Dems for a $25B bailout of the nation’s auto industry. See (NYSE:GM).  

CastlePoint Holdings Ltd. (Nasdaq:CPHL), DivX Inc. (Nasdaq:DIVX) and DryShips Inc. (Nasdaq:DRYS) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Given Imaging Ltd. (Nasdaq:GIVN), Sigma Designs Inc. (Nasdaq:SIGM), Central European Media Enterprises Ltd. (Nasdaq:CETV), TBS International Ltd. (Nasdaq:TBSI), Transmeta Corp (Nasdaq:TMTA) and Canadian Solar Inc. (Nasdaq:CSIQ).

Small-cap stocks pushed higher into mid-session, supported by gains in airlines, retailers and energy stocks. Small-caps were firm relative to large-cap stocks which were pulled down by big financials and tech companies.Today's biggest small-cap gainers are Theravance Inc. (Nasdaq:THRX), Targanta Therapeutics Corp. (Nasdaq:TARG) and General Motors (NYSE:GM).

Other Market Watch highlights included:

• The U.S. dollar was down more than 1% against the euro, which also helped the tone in commodity stocks.  
• Crude oil prices pulled higher amid talk of OPEC cuts and the hijacking of a big Saudi oil freighter.  
• Financial shares continue to be a drag on large-cap indices, with the Financial SPDR Fund off about 2%.  
• The market was sharply divided today, with strong gains seen for several sectors, but big losses offsetting in other sectors, which had cumulative effect of keeping index movement relatively stable. 

Small Cap Gainers:

• Theravance Inc. climbed 15% as the company said that a skin infection drug showed capability to fight deadly bacteria See (Nasdaq:THRX).  
• Targanta Therapeutics Corp. jumped 34% on news that an FDA committee will review the firm’s new application for skin infections. See (Nasdaq:TARG).  
• General Motors Corp. is up about 11% as the automaker continues to benefit from expectations that the U.S. government will extend a helping hand to carmakers. See (NYSE:GM).  
• First stores open at Developers Diversified Realty's Homestead Pavilion late last week; shares up 8% today. See (NYSE:DDR).

Small Cap Losers:

• Central European Media Enterprises Ltd. slumped 21%, tumbling to fresh 52-week lows following analyst downgrades last week. See (Nasdaq:CETV).  
• Horizon Lines down nearly 10% following last week's news that the company would cut fuel surcharges by 5.5%. See (NYSE:HRZ).  
• Allied Capital Corporation down 12% today after analysts said last week that the company faces liquidity issues. See (NYSE:ALD).  
• Live Nation Inc. treads 16.4% lower today as recession fears continue to hurt the ticket industry. See (NYSE:LYV).

Small-cap stocks pushed higher into mid-session, supported by gains in airlines, retailers and energy stocks. Small-caps were firm relative to large-cap stocks which were pulled down by big financials and tech companies. At 12:45 p.m. ET, the Russell 2000 (NYSE:IWM) was up 3.64, or 0.80%, at 460.16.

The market was sharply divided today, with strong gains seen for several sectors, but big losses offsetting in other sectors, which had cumulative effect of keeping index movement relatively stable. Financial shares continue to be a drag on large-cap indices, with the Financial SPDR Fund off about 2%, with Bank of America (NYSE:BAC) and Well Fargo & Co. (NYSE:WFC) both down in the 2% range.

Among airline stocks, UAL Corp. (Nasdaq:UAUA) was up 7% while US Airways Group Inc. (NYSE:LCC) was up 5% and Continental Airlines Inc. (NYSE:CAL) was up 4%. Crude oil prices pulled higher amid talk of OPEC cuts and the hijacking of a big Saudi oil freighter, but the move was relatively tame and not enough to spook airline stocks. The U.S. dollar was down more than 1% against the euro, which also helped the tone in commodity stocks. General Motors Corp. (NYSE:GM) was up about 11% as the automaker continues to benefit from expectations that the U.S. government will extend a helping hand to carmakers.

The bearish story on the technology front today was supposed to be Dell Inc. (Nasdasq:DELL) following an analyst downgrade, but the PC-maker was actually up 1% at midday, so the woes in tech stocks were linked to other concerns.

Individual small caps in rally mode today included Targanta Therapeutics Corp. (Nasdaq:TARG), which jumped 34% on news that an FDA committee will review the firm’s new application for skin infections. CTS Corp. (NYSE:CTS) rallied 22% as the electronics manufacturing firm climbs out of the 52-week lows set during last week’s slide. China Southern Airlines Co. Ltd. (NYSE:ZNH) was up 16%, bolstered by reports that Chinese airlines will seek government assistance. Theravance . . .

In one of the more jarring and widely anticipated stock market openings in history, small-cap stocks plummeted to fresh bear market lows while hitting the lowest point since August 2003. The freefall was precipitated by a collapse in overseas markets amid profit warnings in Asia, ongoing worries about a worldwide economic slowdown and talk of forced liquidation. At 10:04 a.m. ET, the Russell 2000 (NYSE:IWM) was down 16.80, or 3.43%, at 473.12. An upside surprise in existing home sales helped stocks pare early losses.

Fear and dread ahead of today’s opening was heightened by limit-down losses and the activation of trading halt circuit breakers overnight in stock index futures. While a 5% opening slide ranks among the worst in history, there was actually some sense of relief among investors that the initial plunge wasn’t even worse than what we saw.

Existing home sales came in at 5.18 million units, well above the forecast of 4.98 million. The September rise of 5.5% marked the highest percentage rise since July 2003 and the rate was the best since August 2007. After a bleak report on foreclosures Thursday, the existing home sales report was a nice surprise for the market, but probably won’t be enough to say to investors that the housing market bottom is in place.

“World wide markets appear to be in a free-fall this morning. Circuit breakers on the S&P 500 Index (SPX) futures have already been implemented on a pre-opening basis. We would not be surprised to see VIX above the 90 level and even above 100 level, setting new all-time highs as risk perceptions rise to levels not witnessed,” Scott Fullman, director of derivative investment strategy with WJB Capital Group, said in an email.

“The cost of hedging has been rising and is now costing nearly as much as it would be to take losses. This will likely impact liquidity for the derivative markets, which may result in further impacts on implied volatility levels. This may be a sign . . .

In one of the more jarring and widely anticipated stock market openings in history, small-cap stocks plummeted to fresh bear market lows while hitting the lowest point since August 2003. The freefall was precipitated by a collapse in overseas markets amid profit warnings in Asia, ongoing worries about a worldwide economic slowdown and talk of forced liquidation. Today’s small-cap gainers are Insituform Tech (Nasdaq:INSU), Align Technology (Nasdaq:ALGN) and Hittite Microwave (Nasdaq:HITT).

Other Market Watch highlights today include:

• We are heading toward one of the worst months in stock market history and while everyone seems to be trying to peg the bottom, there are no signs yet that one is in place.  
• The yield on benchmark 10-year notes was down more than 4%.   The yield on 30-year bonds tumbled to the lowest in history since the product issuance began back in 1977.
• With equity markets in panic liquidation mode and investors scrambling for a safe-haven outlet, demand for Treasury products has been extreme

Small Cap Gainers:

• Insituform Tech posted a 66% spike in Q3 EPS that beat the Street, as it made progress in its N. Am sewer rehabilitation operations. (Nasdaq:INSU). 
• Align Technology will cut 111 jobs; shares surge 20%. See (Nasdaq:ALGN).  
• Hittite Microwave up 4%, marginally ahead of the bell: posted Q3 EPS above the Street. See (Nasdaq:HITT).  
• Take-Two Interactive soaring 110% in pre-market trading, yet no fresh news.  See (Nasdaq:TTWO).  

Small Cap Losers:

• Avid Technology Inc. is down 25% following soft earnings news See (Nasdaq:AVID).  
• American River Bankshares tumble 22% on no fresh news. See (Nasdaq:AMRB).
• Central European Media Enterprises Ltd. is off 22%, sinking to fresh 52-week lows
See (Nasdaq:CETV).  
• Vimpelcom skids 21%, as rumors swirl that the CEO will resign. See (NYSE:VIP).  
• China Eastern Airlines Corp. Ltd. is down 17% and is another example of a firm that has collapsed from triple-digit stock values a year ago. See (NYSE:CEA). 

:CEA