LOUD Technologies, IntriCon and LJ International lead small-cap percentage losersLOUD Technologies, Inc. (Nasdaq: LTEC), IntriCon Corp. (AMEX: IIN) and LJ International, Inc. (Nasdaq: JADE) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $500 million. Here are today's biggest percentage gainers:
Russell going strong
The Russell 2000 small-cap index is up strongly this afternoon, as stocks extend their rally. At 3:13 p.m. ET the Russell 2000 was up 9.82 points, or 1.18%, to 843.52. The Dow Jones Industrial Average had added 108.93 points, or 0.81%, to 13,517.55.
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Shares of North Pittsburgh Systems, Inc. (Nasdaq: NPSI) are rising, up $2.92, or 14%, to $24.17, following news the holding company of a number of telephone public utilities is being bought by Consolidated Communications Holdings Inc. (Nasdaq: CNSL) for $375.10 million.
ICOP Digital: The right business at the right timeICOP Digital manufactures and sells security, surveillance and communication systems designed to protect people and assets from security threats. The company markets both mobile and stationary surveillance products used in the public and private sectors. Given the increased security concerns worldwide, the demand for security and surveillance products will fuel the company’s growth. Formed only a few years ago in 2002 following the tragedy of Sep.11, 2001, ICOP Digital is in the right business at a most opportune time. The company’s motto, “Without local security, there can be no national security,” defines its vision to protect local interests via advanced monitoring products. A milestone for ICOP Digital was its approval as a GSA (General Services Administration) contractor by the federal government, which means the company’s products are more readily available to federal agencies by streamlining the approval process for submitting bids. ICOP Digital may be early in its development, but its mobile products are already highly regarded by the law enforcement community nationwide. Its flagship ICOP Model 20/20, a digital in-car video recorder system, is quickly becoming a must-have tool in law enforcement vehicles spread across 48 states. In 2005, about 48% of law enforcement vehicles used in-car video, but the majority were based on the archaic VHS (analog) technology, according to the International Association of Chiefs of Police (IACP). VHS is an older technology with numerous limitations, while the newer digital technology affords many advanced features. There is currently a shift from analog to digital video technology, which will bode well for ICOP Digital. spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer
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