Tag - DAVE

BNC Bancorp (Nasdaq:BNCN), Isramco Inc. (Nasdaq:ISRL) and C&F  Financial Corp. (Nasdaq:CFFI) are among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Travelzoo Inc. (Nasdaq:TZOO), Zion Oil and Gas Inc. (Nasdaq:ZN), Green Plains Renewable Energy Inc. (Nasdaq:GPRE), Famous Daves of America Inc. (Nasdaq:DAVE), AirMedia Group Inc (Nasdaq:AMCN) and Rubicon Technology Inc. (Nasdaq:RBCN).

Smith & Wesson Holding Corp. (Nasdaq:SWHC), Solutia Inc. (Nasdaq:SOA) and Famous Daves of America Inc. (Nasdaq:DAVE) are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Talbots Inc. (Nasdaq:TLB), SL Industries Inc (Nasdaq:SLI), China Medical Technologies Inc. (Nasdaq:CMED), AFC Enterprises Inc. (Nasdaq:AFCE), Twin Disc Inc. (Nasdaq:TWIN) and Vocus Inc. (Nasdaq:VOCS).

Stocks are trying to gain footing this afternoon after a larger-than-expected drop in home sales doused investor hopes that the economy was beginning to recover.

At 2:11 pm ET, the Russell 2000 (NYSE:IWM) is down 1.77% at 462.37, while the Dow is down 0.10% at 7,878.76 and the S&P 500 is down 0.06% at 843.04.

Stronger-than-expected earnings from benchmark Apple (Nasdaq:APPL) were unable to outshine the mood set by poor housing data released today. The National Association of Realtors reported this morning that sales of existing homes dropped 3% to an annual rate of 4.57 million last month.

Despite the bad news, certain small caps are still flying high today. Carrols Restaurant Group (Nasdaq:TAST) is up a whopping 35% after the company beat estimates, while another restaurant small-cap, Famous Dave’s of America, Inc. (Nasdaq:DAVE), is up 30% after seeing a Q1 profit jump.

*****As you know, we are watching oil prices as a measure of economic health. Today, it’s reported that March existing home sales fell by a bigger than expected 3%. And new claims for unemployment benefits rose a bit more than expected.

Consequently, oil prices remain below $50 a barrel.

Conoco-Phillips (NYSE:COP) reported an 80% drop in year-over-year profits for the first quarter. The stock is up because the company still managed to beat earnings expectations.

One interesting note from COP: it’s capital expenditure budget has been cut 37%. That means the company is investing less to bring more supply on line. In the current environment, investing in oil supply is not as rewarding as it was a year ago when oil was trading at north of $100 a barrel. But with global CAPEX spending by oil companies down approximately 17% this year, this is an industry-wide trend that has dire consequences going forward.

*****The International Energy Agency (IEA) reports that as much as 2 million barrels a day of expected new oil supply production isn’t being completed due . . .

Famous Daves of America Inc. (Nasdaq:DAVE), Texas Capital Bancshares Inc. (Nasdaq:TCBI) and Acorda Therapeutics Inc. (Nasdaq:ACOR) are among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: iRobot Corp. (Nasdaq:IRBT), Vitran Corp Inc. (Nasdaq:VTNC), NetGear Inc. (Nasdaq:NTGR), Monarch Casino & Resort Inc. (Nasdaq:MCRI), Spire Corp. (Nasdaq:SPIR) and Gulf Island Fabrication Inc. (Nasdaq:GIFI).

Cadence Pharmaceuticals Inc (Nasdaq:CADX), Zones Inc (Nasdaq:ZONS) and PharmaNet Development Group Inc (Nasdaq:PDGI) are among the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Famous Daves of America Inc (Nasdaq:DAVE), MasTec Inc (Nasdaq:MTZ), Richardson Electronics (Nasdaq:RELL), LHC Group Inc (Nasdaq:LHCG), iStar Financial (Nasdaq:SFI) and Dawson Geophysical Co (Nasdaq:DWSN).

Here are the biggest percentage gainers among small caps:

Shares of Famous Dave's of America Inc. (Nasdaq:DAVE) has gained nearly 18% today after the restaurant chain reported better-than-expected second-quarter earnings. For the quarter ended June 29, net income was $2.3 million, or $0.23 per share, compared to $2.2 million, or $0.21 per share, for the same period a year earlier. Revenue jumped 15.6% from a year ago to $38.8 million. Wall Street was expecting earnings per share of $0.18.

“Our operations team delivered a solid quarter, but the business climate remains challenging and we expect that we’ll face increasing sales and cost pressures through the remainder of the year,” said Wilson L. Craft, president and CEO, in a statement.

In today’s trading, shares are at $7.87 at 10:18 a.m. ET, up $1.18 from Wednesday’s close. The stock has ranged from $5.26 to $20.16 during the past year.

Tennessee Commerce Bancorp Inc (Nasdaq:TNCC), Orion Energy Systems Inc (Nasdaq:OESX) and Mercantile Bank Corp (Nasdaq:MBWM) are among the new 52-week lows in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Famous Daves of America Inc (Nasdaq:DAVE), C&F  Financial Corp (Nasdaq:CFFI), LNB Bancorp Inc (Nasdaq:LNBB), Exterran Partners L P (Nasdaq:EXLP), Banro Corp (Nasdaq:BAA) and Savannah Bancorp Inc (Nasdaq:SAVB).

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

Dollar Thrifty Automotive Group Inc (Nasdaq:DTG), Avis Budget Group (Nasdaq:CAR) and Famous Daves of America Inc (Nasdaq:DAVE) are among the new 52-week lows in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: First M&F Corp (Nasdaq:FMFC), First Citizens Bancorp Cleveland (Nasdaq:FCZA), Integra Bank Corp (Nasdaq:IBNK), Bridge Capital Holdings (Nasdaq:BBNK), MTS Medication Technologies Inc (Nasdaq:MPP) and Mercantile Bank Corp (Nasdaq:MBWM).

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

Famous Dave's of America, Inc. (Nasdaq: DAVE) shares are up after the restaurant operator announced after the opening a one million share repurchase plan.

The Minnetonka, Minn.-based company completed a previous share repurchase program on Sept. 12. At the time, Jeffrey Dahlberg, Famous Dave’s chairman of the board, said in a statement, "We remain committed to generating value for our shareholders and we believe that Famous Dave's stock is an attractive investment.”

In morning trading, DAVE shares are up 8.70%, or $1.37, at $17.12. Over the last 52 weeks, shares have ranged from $14.34 to $23.37.