Tag - CKSW

Nektar Therapeutics (Nasdaq:NKTR), CNB Financial Corp. (Nasdaq:CCNE) and Blue Coat Systems Inc. (Nasdaq:BCSI) are among the new 52-week highs in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Kentucky First Federal Bancorp (Nasdaq:KFFB), DSP Group Inc. (Nasdaq:DSPG), Biocryst Pharmaceuticals Inc. (Nasdaq:BCRX), ClickSoftware Technologies Ltd. (Nasdaq:CKSW), Cooper Tire & Rubber Co. (Nasdaq:CTB) and ShoreTel Inc. (Nasdaq:SHOR).

Orexigen Therapeutics Inc. (Nasdaq:OREX), Repligen Corp. (Nasdaq:RGEN) and Affymetrix Inc. (Nasdaq:AFFX) are among the most actively traded companies in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Seattle Genetics (Nasdaq:SGEN), Bankrate Inc. (Nasdaq:RATE), TriQuint Semiconductor Inc. (Nasdaq:TQNT), PDL BioPharma Inc. (Nasdaq:PDLI), Volterra Semiconductor Corp. (Nasdaq:VLTR) and ClickSoftware Technologies Ltd. (Nasdaq:CKSW).

ClickSoftware Technologies Ltd. (Nasdaq:CKSW), NeurogesX Inc. (Nasdaq:NGSX) and Clearwater Paper Corp. (Nasdaq:CLW) are among the new 52-week highs in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: JMP Group Inc. (Nasdaq:JMP), Health Fitness Corp. (Nasdaq:FIT), Aruba Networks Inc. (Nasdaq:ARUN), Multimedia Games Inc. (Nasdaq:MGAM), Bridgepoint Education Inc. (Nasdaq:BPI) and Rentrak Corp. (Nasdaq:RENT).

CVB Financial Corp. (Nasdaq:CVBF), ClickSoftware Technologies Ltd. (Nasdaq:CKSW) and BioDelivery Sciences International Inc. (Nasdaq:BDSI) are among most actively traded small-cap companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Fuqi International Inc. (Nasdaq:FUQI), Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI), Biocryst Pharmaceuticals Inc. (Nasdaq:BCRX), Spartan Motors Inc. (Nasdaq:SPAR), Geron Corp. (Nasdaq:GERN) and A Power Energy Generation Systems Ltd. (Nasdaq:APWR).

Orexigen Therapeutics Inc. (Nasdaq:OREX), Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI) and PetMed Express Inc. (Nasdaq:PETS) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Infinera Corp. (Nasdaq:INFN), CardioNet Inc. (Nasdaq:BEAT), ClickSoftware Technologies Ltd. (Nasdaq:CKSW), China Housing & Land Development Inc. (Nasdaq:CHLN), Fuqi International Inc. (Nasdaq:FUQI) and BioDelivery Sciences International Inc. (Nasdaq:BDSI).

Poniard Pharmaceuticals Inc. (Nasdaq:PARD), IncrediMail Ltd. (Nasdaq:MAIL) and Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI) are among the new 52-week highs in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: ClickSoftware Technologies Ltd. (Nasdaq:CKSW), Optimer Pharmaceuticals Inc. (Nasdaq:OPTR), Fuqi International Inc. (Nasdaq:FUQI), Acacia Research-Acacia Technologies (Nasdaq:ACTG), RehabCare Group, Inc. (Nasdaq:RHB) and North Asia Investment Corp. (Nasdaq:NHR).

Geron Corp (Nasdaq:GERN), Prospect Capital Corp (Nasdaq:PSEC) and Spectrum Pharmaceuticals Inc (Nasdaq:SPPI) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Fuqi International Inc (Nasdaq:FUQI), AMAG Pharmaceuticals Inc (Nasdaq:AMAG), XenoPort Inc (Nasdaq:XNPT), Canadian Solar Inc (Nasdaq:CSIQ), American Capital Agency Corp (Nasdaq:AGNC) and ClickSoftware Technologies Ltd (Nasdaq:CKSW).

China Distance Education Holdings Ltd. (Nasdaq:DL), Lannett Co Inc. (Nasdaq:LCI) and Diedrich Coffee Inc. (Nasdaq:DDRX) are among the new 52-week highs in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: KongZhong Corp. (Nasdaq:KONG), Kirklands Inc. (Nasdaq:KIRK), Health Fitness Corp. (Nasdaq:FIT), Stein Mart, Inc. (Nasdaq:SMRT), ClickSoftware Technologies Ltd. (Nasdaq:CKSW) and Shuffle Master Inc. (Nasdaq:SHFL).

Isramco Inc. (Nasdaq:ISRL), Dollar Thrifty Automotive Group Inc. (Nasdaq:DTG) and Rentrak Corp. (Nasdaq:RENT) are among the new 52-week highs in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Anaren Inc. (Nasdaq:ANEN), BioScrip Inc. (Nasdaq:BIOS), American Capital Agency Corp. (Nasdaq:AGNC), Spectrum Control Inc. (Nasdaq:SPEC), ClickSoftware Technologies Ltd. (Nasdaq:CKSW) and Noven Pharmaceuticals Inc (Nasdaq:NOVN).

Acme Packet Inc. (Nasdaq:APKT), Canadian Solar Inc. (Nasdaq:CSIQ) and ClickSoftware Technologies Ltd. (Nasdaq:CKSW) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Trailer Bridge Inc. (Nasdaq:TRBR), Digimarc Corp. (Nasdaq:DMRC), Mexco Energy Corp. (Nasdaq:MXC), Diedrich Coffee Inc. (Nasdaq:DDRX), Savannah Bancorp Inc. (Nasdaq:SAVB) and Force Protection Inc. (Nasdaq:FRPT).

Small-cap stocks chopped back and forth near steady levels in a relatively calm open, as support from gains in equity markets around the world were countered by mild profit-taking from short-term traders who caught the rally from Tuesday afternoon and weren’t willing to hold that risk through the big FOMC event later today. Today’s small-cap gainers are Silicon Labs (Nasdaq:SLAB), Savvis Inc. (Nasdaq:SVVS) and Odyessey HealthCare Inc. (Nasdaq:ODSY).

Other Market Watch highlights today included:

• Part of the rally in commodities was tied to a pullback in the U.S. dollar, as higher dollar values can hinder demand for goods priced in dollar terms.  
• Also on the commodities front, copper was sharply higher, sugar and coffee were up, grains were called sharply higher, and gold and silver were up overnight.
• Energy shares were a big part of Wednesday’s epic stock market rally and could be a firm element in play again today.  
• Crude oil futures were in rally mode this morning, climbing some $4 a barrel on hopes that all these global rate cuts would bolster demand and put a foundation on sinking prices.  
• Small-cap stocks chopped back and forth near steady levels in a relatively calm open, in anticipation of the upcoming FOMC news.

Small Cap Gainers:

• Silicon Labs said Q3 revenue rose 29%, but was a shade lower than the Street. EPS jumped 50% and clocked in above Street. (Nasdaq:SLAB).  
• SAVVIS Inc. jumped 26% as the IT infrastructure services provider reported a 15% rise in revenue and a net loss of $0.01 a share. See (Nasdaq:SVVS).  
• Odyessey HealthCare Inc. is up 24% as net patient service revenue jumped 65%. See (Nasdaq:ODSY).
• ClickSoftware reports global reseller agreement with SAP, up 10%. See (Nasdaq:CKSW).

Small Cap Losers:

• Wright Express substantially lowers Q4 and full year guidance below the Street on fuel-price-related derivatives. See (NYSE:WXS).  
• CTS Corp. posts lower Q3 EPS, but EPS still beat the Street. Revenues declined from last year and missed estimates. See (NYSE:CTS).  
• KeyBanc Capital and Needham downgrade Ultimate Software to hold from buy. See (Nasdaq:ULTI).  
• VistaPrint plunges after cutting 2009 outlook, ThinkPanmure cuts rating to accumulate from buy. See (Nasdaq:VPRT).  

The Russell 2000 (NYSE: IWM) and the Dow Jones Industrial Average (INDU) are in the red following news that the economy has slowed.
 
At 10:19 a.m. ET, the small-cap index was down 0.74 points, or 0.10%, to 704.46. The Dow has lost 32.51 points, or 0.26%, to 12,447.79.

Gross domestic product grew at an annual rate of just 0.6% during the final three months of 2007, the U.S. Commerce Department reported before the start of trading. Analysts surveyed by Reuters had projected that fourth-quarter growth would be 1.2%. The economy added 4.9% in the third quarter.

The numbers are disappointing and tell us that the economic slowdown is more serious than was previously expected.

Economic growth for the entire 2007 was 2.2%, the slowest increase since 2002. The economy grew 2.9% in 2006.

Not surprisingly, the housing sector is largely to blame. Residential fixed investment declined by 24% in the fourth quarter, lowering GDP by more than 1%.

Worryingly, the government’s report also shows that consumer spending growth slowed, increasing 2% after posting a rise of 2.8% in the third quarter. With consumption comprising about 70% of gross domestic product, the economy needs Americans to spend money.

What little good news there was among the gloomy statistics came in the form of international trade. Fourth-quarter exports increased more than imports, but that’s at least partially due to the weak U.S. dollar, which makes exports cheaper and imports more expensive.

The data will be taken into account by the U.S. Federal Reserve, which concludes its two-day policy meeting this afternoon.

A decision will be announced at 2:15 p.m. ET and it’s widely expected that the Fed will lower its target federal funds rate from the current level of 3.5%.

Meanwhile, stocks small and large are falling, with the technology sector leading the way down. For example, ClickSoftware Technologies, Ltd. (Nasdaq: CKSW), a provider of workforce management solutions, reported earnings that disappointed analysts. The bears have chewed off more than 20% of the stock’s value.

ClickSoftware Technologies, Ltd. (Nasdaq: CKSW) this morning reported disappointing fourth-quarter results below the consensus on Wall Street, and also provided revenue guidance for fiscal 2008 below analysts’ expectations, pushing shares lower in pre-market.

For the fourth quarter ended Dec. 31, 2007, the provider of mobile workforce management recorded net income of $0.7 million, or $0.02 per share, below the $0.06 per share three analysts surveyed by Thomson Financial were on average forecasting. ClickSoftware earned net income of $1.1 million, or $0.04 per share, for the fourth quarter of 2006.

Total revenues were $10.4 million, a shade lower than the $11.90 million three analysts surveyed by Thomson Financial were on average projecting. This compares with revenues of $9.3 million for the fourth quarter last year.

Software-license revenues for the fourth quarter were $3.2 million, compared with license revenues of $3.4 million in the fourth quarter of 2006; while service and maintenance revenues were $7.2 million, compared with software, service and maintenance revenues of $5.9 million for the same period last year.

Looking ahead to fiscal 2008, the Israeli company said it projects revenues in 2008 to grow by approximately 20% to 25% over 2007, reaching approximately $48 million to $50 million. The revenue guidance was below the $53.13 million three analysts surveyed by Thomson Financial were on average forecasting.

Shares of ClickSoftware Technologies (CKSW) sunk 15.97%, or $0.57, to $3 in pre-market trading. Shares of ClickSoftware Technologies have been trading in the range of $2.81 to $7.09 for the past 52 weeks.

FARO Technologies, Inc. (Nasdaq: FARO), Document Sciences Corp. (Nasdaq: DOCX) and Buffalo Wild Wings (Nasdaq: BWLD) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $500 million.

Here are today's biggest percentage gainers:

ClickSoftware Technologies Ltd. (Nasdaq: CKSW), a provider of mobile workforce management and service optimization solutions, reported earnings for the third quarter a penny above a sole analyst’s estimate.

For the three months ended Sept. 30, the Israeli company recorded net income of $0.7 million, or $0.02 per share, compared with $0.8 million, or $0.03 per share, for the same quarter in 2006. The bottom-line beat the sole analyst’s estimate, as surveyed by Thomson.

Excluding expenses for share-based compensation, net income for the third quarter was $0.9 million, or $0.03 per share.

Total revenues were $10.1 million, an increase of 16% compared with $8.7 million for the parallel quarter of 2006. The sole analyst polled by Thomson had forecasted revenues of $10.49 million.
 
Shares of ClickSoftware (CKSW) slipped 10.94%, or $0.70, to $5.70 in pre-market trading. Shares of ClickSoftware have been trading in the range of $2.31 to $7.09 for the past 52 weeks.

Origin Agritech Ltd. (Nasdaq: SEED), ClickSoftware Technologies Ltd. (Nasdaq: CKSW) and Buffalo Wild Wings (Nasdaq: BWLD) are among the most actively traded companies in Wednesday pre-market trading among those with market capitalizations under $750 million:

China Precision Steel, Inc. (Nasdaq: CPSL), City Telecom (H.K.) Ltd. (Nasdaq: CTEL) and Gladstone Capital Corp. (Nasdaq: GLAD) are the most actively traded companies in Tuesday pre-market trading among those with market capitalizations under $750 million:

Businesses big and small often have a difficult time keeping track of their employees. Whether their workers are tethered to a computer screen, holding down a spot on an assembly line, or out in the field making sales and service calls, most companies depend on software solutions to assist in their scheduling and work-force management.

Given the complexities of doing business in the 21st century, ClickSoftware Technologies (Nasdaq: CKSW) is successfully selling products that simplify labor management to businesses of all sizes in North America, Europe and other regions, including Asia. Its business partners that help cross-sell ClickSoftware wares to their customers include International Business Machines Corp. (NYSE: IBM), Accenture Ltd. (NYSE: CAN), Microsoft Corp. (Nasdaq: MSFT) and SAP AG (NYSE: SAP).

In the past year, investors have seen the stock price of the Israel-headquartered company more than double, with plenty of hiccups along the way, but where can it go from here?

ClickSoftware Technologies, which bases its U.S. operations in Burlington, Mass., has a mature suite of software products reflected in the roster of big companies that have adopted them: Best Buy Co., Inc. (NYSE: BBY), Xerox Corporation (NYSE: XRX), Ericsson, Vodafone Group Plc (NYSE: VOD) and several large utilities, to name a few. The ClickSoftware offerings help with shift planning, workload forecasting, wireless work force management and business analytics.

During a July 11 presentation at the C.E. Unterberg, Towbin Emerging Growth Conference, ClickSoftware’s chief financial officer, Shmuel Arvatz, outlined how Best Buy was using his company’s products since the electronics retailer became a customer in late 2006.

Accredited Home Lenders Holding Co. (Nasdaq: LEND), Hoku Scientific, Inc. (Nasdaq: HOKU) and Superconductor Technologies, Inc. (Nasdaq: SCON) are among the most actively traded companies in Wednesday pre-market trading among those with market capitalizations under $500 million:

Wavecom S.A. (Nasdaq: WVCM), Flow International Corp. (Nasdaq: FLOW) and Fuwei Films Co., Ltd (Nasdaq: FFHL) are among the most actively traded companies in Thursday pre-market trading among those with market capitalizations under $500 million:

Climbing software and services revenue prompted ClickSoftware Technologies Ltd. (Nasdaq: CKSW) executives to raise annual guidance. The Israeli business software maker said it expects revenue of between $41 and $42 million in 2007, compared with previous guidance of around $38.88 million. In 2006, the company recorded $32.4 million in revenue.

“Based on recent wins, backlog and the current pipeline, we are raising our guidance,” CEO Moshe BenBassat said on a morning conference call.

Based on recent orders, BenBassat said the company feels as if its market share is increasing.

“The overall demand is growing,” he said. “At the risk of being off by a few points, I would say that our present market share is about 40% for the workforce and service optimization sector.”

The company is performing well in service products for the field service industry, and competitors in the field service management software sector are “far, far behind us,” he said. The company expects strong future growth in this sector, he said.

Hoku Scientific, Inc. (Nasdaq: HOKU), Microvision, Inc. (Nasdaq: MVIS) and Gigabeam Corp. (Nasdaq: GGBM) are among the most actively traded companies in Wednesday pre-market trading among those with market capitalizations under $500 million:

Shares of ClickSoftware Technologies Ltd. (Nasdaq: CKSW) got a boost this morning after the provider of mobile workforce management and service optimization solutions, today reported second quarter results improved over last year’s figures and beat analyst estimates.

For the three months ended June 30, the Burlington, Mass.-based company recorded net income of $1.0 million, or $0.03 per share, an increase of 118%, compared with net income of $0.4 million, or $0.02 per share, for the second quarter of 2006. One analyst polled by Thomson Financial expected earnings of $0.01 per share for the second quarter.

Total revenues clocked in at $10.5 million, an increase of 32%, compared with $8.0 million for the second quarter of 2006. One analyst polled by Thomson Financial expected revenues of $9.35 million for the second quarter.

Shares of ClickSoftware Technologies climbed 11.42%, or $0.58, to $5.62 in pre-market trading.

Rio Vista Energy Partners LP (Nasdaq: RVEP), Transcend Services, Inc. (Nasdaq: TRCR) and ClickSoftware Technologies Ltd. (Nasdaq: CKSW) are the biggest percentage losers in Monday's trading among companies with market capitalizations under $500 million.

Here are today's biggest percentage losers:

The Russell 2000 (NYSE: IWM) and the Dow Jones Industrial Average (INDU) are dropping on news of weak earnings reports.

At 10:03 a.m. ET the Russell 2000 was down 11.09 points, or 1.30%, to 840.76. The Dow Jones Industrial Average was down 113.40 points, or 0.81%, to 13,887.01.

Peoria, Ill.-based maker of earthmoving machines Caterpillar Inc. (NYSE: CAT) became the latest casualty of the sagging U.S. housing sector, reporting before the opening bell that its second-quarter income declined 21%.

Google Inc. (Nasdaq: GOOG) also fell short of analysts’ expectations, announcing that its quarterly profit fell due to research spending costs that shot up 88% and costs associated with the Mountain View, Calif.-based company’ aggressive hiring policy.

The following were the most actively traded companies in Friday's trading among those with market capitalizations under $500 million:

Avici Systems Inc. (Nasdaq: AVCI), Synalloy Corp. (Nasdaq: SYNL) and Local.com Corp. (Nasdaq: LOCM) were among the most actively traded companies in Thursday pre-market trading among those with market capitalizations under $500 million:

i2 Technologies, Inc. (Nasdaq: ITWO), StealthGas Inc. (Nasdaq: GASS) and Local.com Corp. (Nasdaq: LOCM) were among the most actively traded companies in Wednesday pre-market trading among those with market capitalizations under $500 million:

The Russell 2000 (NYSE: IWM) has dipped into negative territory but the Dow Jones Industrial Average (INDU) is up as stocks are trending lower after news of deal-making.

At 10:12 a.m. ET the Russell 2000 had lost 3.18 points, or 0.37%, to 852.59. The Dow Jones Industrial Average was up 22.27 points, or 0.16%, to 13,929.52.

In corporate news, Glendale, Calif.-based pancake restaurant operator IHOP Corp. (NYSE: IHP) will buy casual diner Applebee’s International, Inc. (Nasdaq: APPB) for about $2.1 billion in cash, which includes the assumption of debt. Applebee’s shareholders will get $25.50 a share.

IHOP plans on selling most of Overland Park, Kan.-based Applebee’s 521 company-owned restaurants to franchisees. Applebee’s has more than 1,900 system-wide restaurants, while IHOP has about 1,300. The acquisition is expected to close in the fourth quarter.

The following were the most actively traded companies in Monday’s trading among those with market capitalizations under $500 million:

 

High-definition television maker Syntax-Brillian Corp. (Nasdaq: BRLC) says it expects fourth-quarter sales between $190 million and $210 million, which is inline with Wall Street estimates. The Tempe, Ariz.-based company also raised its calendar year sales guidance to between $1.1 billion and $1.3 billion. Previously, Syntax-Brillian said it expected annual sales of between $0.9 million and $1.1 billion.

Shares of satellite imagery company GeoEye Inc. (Nasdaq: GEOY) are up more than 6% in pre-market trading. The Dulles, Va.-based company was added to the Russell 3000 index earlier this month. On Friday, CNBC pundit Jim Cramer recommended GeoEye as an “incredibly risky play.”

The following are the most actively traded companies in Monday pre-market trading among those with market capitalizations under $500 million:

Ariad Pharmaceuticals, Inc. (Nasdaq: ARIA) reported it is entering a joint development deal worth more than $1 billion with Merck & Co. (NYSE: MRK).

Sify Limited (Nasdaq: SIFY) reported it is partnering with Microsoft (Nasdaq: MSFT) to bring Internet and information technology services to India.

The following are the most actively traded companies in Thursday pre-market trading among those with market capitalizations under $500 million: