Tag - PHH

Just when it looked like the Russell 2000 (NYSE:IWM) would close out Monday with a small gain, the index tipped into the red ahead of the bell on slumping financial stocks and concerns about the economy. Today’s small-cap gainers are Targanta Therapeutics (Nasdaq:TARG), CTS Corp. (NYSE:CTS) and PHH Corp. (NYSE:PHH).

Other Market Watch highlights today included:

• The NY Manufacturing Survey came in at -25.4, better than the forecast for -26.1. Still, it was the worst showing on record.
• Libor rates edged slightly higher overnight and have been correcting up slightly after going down every day for a month.
• 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.
• Crude oil prices had an up and down day, but eventually succumbed to the economic fears and shed $2.09 a barrel, or 3.6% on the day. 
• Philly Fed says U.S. has been in a recession since spring, it will last 14 months, making it the most prolonged growth drought since the Great Depression.

Small Cap Gainers:

• Targanta Therapeutics Corp. (Nasdaq:TARG) rallied 36% on unusually heavy volume on news that the FDA will review an application for a skin infection drug made by the firm.
• CTS Corp. (NYSE:CTS) rose 18% as the electronics manufacturing supplier continued to rally off 52-week lows forged last week.
• PHH Corp. (NYSE:PHH) rose 17% as the financial services firm also tries to . . .

CTS Corp. (Nasdaq:CTS), Theravance Inc. (Nasdaq:THRX) and Texas Industries Inc. (Nasdaq:TXI) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Commonwealth Bankshares Inc. (Nasdaq:CWBS), ATA Inc. (Nasdaq:ATAI), China East Air Depository Receipt (Nasdaq:CEA), Blyth Inc. (Nasdaq:BTH), Mentor Corp. (Nasdaq:MNT) and PHH Corp. (Nasdaq:PHH).

Also included among the results: Vivus Inc. (Nasdaq:VVUS), PHH Corp. (Nasdaq:PHH), Mercadolibre Inc. (Nasdaq:MELI), GTSI Corp. (Nasdaq:GTSI), Westmoreland Coal Co. (Nasdaq:WLB) and Oneida Financial Corp. (Nasdaq:ONFC).

Here are the biggest percentage gainers among small caps:

Small-cap stocks remained in negative territory into mid-session, pressured by worries about corporate profitability in a sluggish economic environment around the world. Today’s small-cap gainers are Russ Berrie (NYSE:RUS), Clear Channel Outdoor  (NYSE:CCO) and Hospitality Properties Trust (NYSE:HPT).

Other Market Watch highlights today included:

• As for the insurers, analysts at Goldman Sachs lowered ratings on the group and the S&P Insurance Index was down 6% at midday.  
• Real estate services are getting hammered today, as are tire, rubber and automobile manufacturers, wireless telecoms and insurance stocks.  
• The only area showing decent strength is agriculture products.
• Crude oil prices tumbled to 20-month lows today, slipping below $59 a barrel, which kept energy and commodity stocks on the defensive.  
• Credit futures are near contract highs, with European bond futures making contract highs today, which shows that money flow is into credit instruments, not equities.  

Small Cap Gainers:

• Russ Berrie reports Q3 results; shares pop 30%. See (NYSE:RUS).  
• Clear Channel Outdoor Holdings up 25% despite being downgraded to "market perform." See (NYSE:CCO).  
• Hospitality Properties Trust reported solid third-quarter earnings and rose 16%. See (NYSE:HPT).
• MGIC Investment Corp. up 12% in lower-than-average volume. See (NYSE:MTG).  
• Hill International up 9% after being honored as "Construction Management Firm of the Year" by the Developers & Builders Alliance. See (NYSE:HIL).  

Small Cap Losers:

• Bidz.com Inc. shed 35% after the online retailer slashed the full-year outlook, a numbing concept into the key holiday shopping season. See (Nasdaq:BIDZ).  
• Stillwater Mining warns it will not break even on PGM mining without operational changes; shares dive 30%. See (NYSE:SWC).  
• PHH Corp. on Monday reported a wider Q3 loss; shares still reeling, down 25% today. See (NYSE:PHH).  
• Strategic Hotels reports net loss last week, shares down 9% today. See (NYSE:BEE).  

Cooper Tire & Rubber Co. (Nasdaq:CTB), Zones Inc. (Nasdaq:ZONS) 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: AMAG Pharmaceuticals Inc. (Nasdaq:AMAG), Meritage Homes Corp. (Nasdaq:MTH), Macquarie Infrastructure Co LLC (Nasdaq:MIC), Stage Stores Inc. (Nasdaq:SSI), Magal Security Systems (Nasdaq:MAGS) and PHH Corp. (Nasdaq:PHH).

Here are the biggest percentage losers among small caps:

Agilysys Inc. (Nasdaq:AGYS), PHH Corp. (Nasdaq:PHH) and Danaos Corp. (Nasdaq:DAC) are among the new 52-week lows in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Och Ziff Capital Management Group (Nasdaq:OZM), CVR Energy Inc. (Nasdaq:CVI), Tesco Corp. (Nasdaq:TESO), Thompson Creek Metals Co Inc. (Nasdaq:TC), Monarch Casino & Resort Inc. (Nasdaq:MCRI) and Willbros Group Inc. (Nasdaq:WG).

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

Matrix Service Co. (Nasdaq:MTRX), Gevity HR Inc. (Nasdaq:GVHR) and PHH Corp. (Nasdaq:PHH) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Elbit Imaging Ltd (Nasdaq:EMITF),Celadon Group Inc. (Nasdaq:CLDN),Titan Machinery Inc. (Nasdaq:TITN),Och Ziff Capital Management Group (Nasdaq:OZM), Parker Drilling Co. (Nasdaq:PKD) and CVR Energy Inc. (Nasdaq:CVI).

Here are the biggest percentage losers among small caps:

American Equity Investment Life Holding Co. (Nasdaq:AEL), Crosstex Energy LP (Nasdaq:XTEX) and Crosstex Energy Inc. (Nasdaq:XTXI) are among the new 52-week lows in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Commercial Vehicle Group Inc. (Nasdaq:CVGI), MI Developments Inc. (Nasdaq:MIM), Culp Inc. (Nasdaq:CFI), PHH Corp. (Nasdaq:PHH), Secure America Acquisition Units (Nasdaq:HLD.U) and Macatawa Bank Corp. (Nasdaq:MCBC).

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

Gehl Co. (Nasdaq:GEHL), Nevada Chemicals Inc. (Nasdaq:NCEM) and Champion Enterprises Inc. (Nasdaq:CHB) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: PHH Corp. (Nasdaq:PHH), Drew Industries Inc. (Nasdaq:DW), Anworth Mortgage Asset Corp. (Nasdaq:ANH), SI Financial Group Inc. (Nasdaq:SIFI), Meritage Homes Corp. (Nasdaq:MTH) and Heritage Oaks Bancorp (Nasdaq:HEOP).

Here are the biggest percentage gainers among small caps: