Tag - SKX

Valassis Communications Inc (Nasdaq:VCI), Trueblue Inc (Nasdaq:TBI) and Affymetrix Inc (Nasdaq:AFFX) are among the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Cohu Inc (Nasdaq:COHU), Spherion Corp (Nasdaq:SFN), Colony Bankcorp Inc (Nasdaq:CBAN), Cirrus Logic Inc (Nasdaq:CRUS), Tesco Corp (Nasdaq:TESO) and Skechers USA Inc (Nasdaq:SKX).

Valhi Inc (Nasdaq:VHI), Greenbrier Companies Inc (Nasdaq:GBX) and Insteel Industries Inc (Nasdaq:IIIN) are among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: First Midwest Bancorp Inc (Nasdaq:FMBI), Skechers USA Inc (Nasdaq:SKX), CVB Financial Corp (Nasdaq:CVBF), EZchip Semiconductor Ltd (Nasdaq:EZCH), Landauer Inc (Nasdaq:LDR) and Rubicon Technology Inc (Nasdaq:RBCN).

Bare Escentuals Inc. (Nasdaq:BARE), Diedrich Coffee Inc. (Nasdaq:DDRX) and Skechers USA Inc. (Nasdaq:SKX) are among the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Clearwater Paper Corp. (Nasdaq:CLW), OfficeMax Inc. (Nasdaq:OMX), Interface Inc. (Nasdaq:IFSIA), HUGHES Telematics Inc. (Nasdaq:HTC), American Commercial Lines Inc. (Nasdaq:ACLI) and Shutterfly Inc. (Nasdaq:SFLY).

Small-cap stocks took flight Friday, as investors gambled that a terrible report on employment would be just the tonic needed to ignite a decisive push forward on a bank bailout plan and an aggressive fiscal stimulus package. Some of today’s small-cap gainers were Omniture, Inc. (Nasdaq:OMTR), Skyworks Solutions (Nasdaq:SWKS) and TeleCommunication Systems Inc. (Nasdaq:TSYS).

Other Market Watch highlights today included:

• However, there were some thoughts that the dismal reading will simply prod lawmakers to be more aggressive in agreeing to a big stimulus package.  
• By any measure, the jobs report presented a bleak picture of the U.S. economy.  
• Small-cap stocks pushed higher early Friday as investors chose a “glass half full” approach to this morning’s dreary employment.  
• The chart structure for the Russell 2000 has eased into a mini-trading range within the elongated extended trading range.

Small Cap Gainers:

• Business optimization software provider Omniture, Inc. is up 17% after reporting big revenue jumps in Q4 earnings Thursday. (See Nasdaq:OMTR)  
• Chip maker Skyworks Solutions is up 17% to $5.88 on stronger-than-expected Q1 earnings released after Thursday's close. (See Nasdaq:SWKS)  
• Wireless communications technology company TeleCommunication Systems Inc. is up 17.2% to $8.50 after reporting positive Q4 earnings late Thursday.(See Nasdaq:TSYS)
• Air freight company Atlas Air Worldwide Holdings Inc. is up nearly 13% to $15.04 after this morning announcing it will trim freighter fleet and cut staff. (See Nasdaq:AAWW)  

Small Cap Losers:

• Skechers USA Inc. is down 27% to $7.37 after an analyst downgrade. (See NYSE:SKX)
• Liquidity Services, Inc. is down 21.3% to $5.88 after a downgrade this morning by Oppenheimer. Liquidity operates an online auction marketplace for wholesale, surplus, and salvage assets. (See Nasdaq:LQDT)  
• Consultant SRA International Inc. is down 20% to $13.40 after issuing lowered guidance late Thursday. (See NYSE:SRX)  
• Convention- and event-marketing group Viad Corp. is down 14.8% to $18.12 after announcing before the opening that it swing to a Q4 loss. (See NYSE:VVI)

Skechers USA Inc. (Nasdaq:SKX), American Pacific Corp. (Nasdaq:APFC) and Mercantile Bancorp  (Nasdaq:MBR) are among the new 52-week lows in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Nara Bancorp Inc. (Nasdaq:NARA), TEAM Inc. (Nasdaq:TISI), Abiomed Inc. (Nasdaq:ABMD), Advisory Board Co. (Nasdaq:ABCO), Cutera Inc. (Nasdaq:CUTR) and Hawthorn Bancshares Inc. (Nasdaq:HWBK).

Small-cap stocks extended the morning rally into mid-session, with battered bank and financial stocks leading the way amid hope for a bank bailout plan to be rolled out early next week. Some of today’s small-cap gainers were Omniture, Inc. (Nasdaq:OMTR), Skyworks Solutions (Nasdaq:SWKS) and TeleCommunication Systems Inc. (Nasdaq:TSYS).

Other Market Watch highlights today included:

• However, there were some thoughts that the dismal reading will simply prod lawmakers to be more aggressive in agreeing to a big stimulus package.  
• By any measure, the jobs report presented a bleak picture of the U.S. economy.  
• Small-cap stocks pushed higher early Friday as investors chose a “glass half full” approach to this morning’s dreary employment.  
• The chart structure for the Russell 2000 has eased into a mini-trading range within the elongated extended trading range.

Small Cap Gainers:

• Business optimization software provider Omniture, Inc. is up 17% after reporting big revenue jumps in Q4 earnings Thursday. (See Nasdaq:OMTR)  
• Chip maker Skyworks Solutions is up 17% to $5.88 on stronger-than-expected Q1 earnings released after Thursday's close. (See Nasdaq:SWKS)  
• Wireless communications technology company TeleCommunication Systems Inc. is up 17.2% to $8.50 after reporting positive Q4 earnings late Thursday.(See Nasdaq:TSYS)
• Air freight company Atlas Air Worldwide Holdings Inc. is up nearly 13% to $15.04 after this morning announcing it will trim freighter fleet and cut staff. (See Nasdaq:AAWW)  

Small Cap Losers:

• Skechers USA Inc. is down 27% to $7.37 after an analyst downgrade. (See NYSE:SKX)
• Liquidity Services, Inc. is down 21.3% to $5.88 after a downgrade this morning by Oppenheimer. Liquidity operates an online auction marketplace for wholesale, surplus, and salvage assets. (See Nasdaq:LQDT)  
• Consultant SRA International Inc. is down 20% to $13.40 after issuing lowered guidance late Thursday. (See NYSE:SRX)  
• Convention- and event-marketing group Viad Corp. is down 14.8% to $18.12 after announcing before the opening that it swing to a Q4 loss. (See NYSE:VVI)  

Small-cap stocks extended the morning rally into mid-session, with battered bank and financial stocks leading the way amid hope for a bank bailout plan to be rolled out early next week. At 12:36 p.m. ET, the Russell 2000 (NYSE:IWM) was up 9.21, or 2.02% at 464.29.

Looking at S&P group activity so far today, the best performers were regional banks, homebuilders, diversified banks, diverse financial services firms, auto parts companies and broadcasters. On the banking front, the KBW Banking Index jumped 9.4%, with Bank of America Corp. (NYSE:BAC) soaring 22% after getting a “buy” recommendation from analysts, and also being swept up in the bailout euphoria today.

In an interesting twist, the market decided to embrace today’s “bad” news on the employment picture as a “good” news event for the market. The argument has already been made many months ago that economic data will lag the actual market bottom and today’s sobering glimpse of a receding labor market was interpreted as just another cattle prod that can be applied to lawmakers to get things rolling on both a bank bailout and on a fiscal stimulus package.

For the record, the Labor Department said that a jolting 598,000 Americans lost their jobs in January, the largest one-month decline in 34 years. In addition, the unemployment rate climbed to 7.6%, the highest level in more than 16 years. Canada also saw the worst job loss today in more than a generation, but it hasn’t stopped their stock market from gaining 2% so far today, either...

Skechers USA Inc. (Nasdaq:SKX), SRA International Inc. (Nasdaq:SRX) and Healthways Inc. (Nasdaq:HWAY) are among the biggest percentage losers in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Liquidity Services Inc. (Nasdaq:LQDT), Apartment Investment and Management Co. (Nasdaq:AIV), American Pacific Corp. (Nasdaq:APFC), Viad Corp. (Nasdaq:VVI), Intermec Inc. (Nasdaq:IN) and Knightsbridge Tankers Ltd. (Nasdaq:VLCCF).

Shares of Heelys Inc. (Nasdaq:HLYS) got an 11% boost this morning after Skechers USA Inc. (NYSE:SKX) revealed late Wednesday that it had proposed to acquire Heelys for $142.8 million, or $5.25 a share.

In a letter to Heelys chairman Gary Martin, Skechers chief executive Robert Greenberg said his specialty footwear retailer has been “impressed by Heelys' strong brand and proprietary technology.”

Carrollton, Texas-based Heelys manufactures wheeled footwear.

Manhattan Beach, Calif.-based Skechers first brought up potentially buying Heelys on May 28 but says Heelys didn’t provide the requested diligence items.

By mid-morning, Heelys’ stock is at $5.41, up from Wednesday’s close of $4.87. Shares have ranged between $3.86 and $10.80 during the past 52 weeks.

For detailed price information and news stories on Heelys, click HLYS.

Small-cap stocks pushed lower on the opening, pressured by troubling economic data that raised concerns about both inflation and employment. That said, the market was hanging in relatively well given the sobering news, with the Russell 2000 (NYSE:IWM) climbing into the green near 10:00 a.m. ET. At 10:03 a.m. ET, Russell was up 0.16, or 0.02%, at 747.86.

Ahead of the opening, the Consumer Price Inflation report showed no relief on the price front, with the headline figure climbing to 0.8%, which was way above the forecast of 0.4%. What’s more, the year-over-year figure rose to 5.7%, the highest mark since January 1991. Even the so-called “core” inflation rate, which excludes food and energy prices, rose faster than the projection. With gasoline pump prices pushing north of $4 dollars a gallon this summer and food prices on the rise, excluding food and energy doesn’t make that much sense anyhow.

The weekly claims report also carried a sobering message this morning, as unemployment claims came in at 450,000, which was down from 460,000 last week, but still above the forecast of 432,000. When looking at a four-week moving average, claims remain on an upward trajectory and at the highest level in six years. The combination of rising inflation and weak labor markets is a very difficult position for Federal Reserve policy makers to navigate.

“Headline consumer inflation spurted again in July because of another sharp jump in energy costs and a large increase in food costs,” Steven Wood, chief economist with Insight Economics, said in an email. “However, lower oil prices should reduce energy costs next month. At the present time the Fed is caught between a rock and a hard place with renewed financial turmoil, a deteriorating economy, and climbing inflation. The Federal Reserve has been counting on energy prices to flatten out and weak economic activity over the next several quarters to cap both overall and core inflation. So far, no joy,” Wood said.

As the market prices in the bad news on the economic front, there are some bright spots to keep an eye on this morning, with automobile manufacturers, thrifts, homebuilders, department stores and airlines all on the upside. The S&P Retail Index took a hit Wednesday, but was on better footing this morning, even though retail leader Wal-Mart Stores Inc. (NYSE:WMT) was unable to sustain overnight gains following decent earnings. WMT shares were down 1% shortly after the . . .

Shares of footwear retailer Crocs Inc. (Nasdaq:CROX) are up 7% in pre-market trading today after the Center for Medicare and Medicaid Services accepted the company’s Custom Cloud model into the diabetic shoe program. The Niwot, Colo.-based company said acceptance into the program means doctors can fit the more than 23 million Americans with diabetes with the CrocsRx Custom Cloud model.

Also, after the close on Wednesday, competitor Skechers USA Inc. (NYSE: SKX) denied allegations of patent and trade dress infringement of Crocs’ logo. Skechers said the lawsuit is without merit and that it is prepared to fight such claims.

In today’s pre-market trading, shares of Crocs are at $8.55 at 9:04 a.m. ET, up $0.54 from Wednesday’s close.

Nextwave Wireless Inc. (Nasdaq:WAVE), GSI Commerce, Inc. (Nasdaq:GSIC) and Progenics Pharmaceuticals, Inc. (Nasdaq:PGNX) are among the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $750 million.

Skechers USA, Inc. (NYSE:SKX), Encore Wire Corp. (Nasdaq:WIRE) and Momenta Pharmaceuticals, Inc. (Nasdaq:MNTA) are also among the top small-cap percentage gainers.

Here are Thursday's biggest percentage gainers among small caps:

Oxford Industries, Inc. (NYSE: OXM), Perficient, Inc. (Nasdaq: PRFT) and KMG Chemicals, Inc. (Nasdaq: KMGB) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $750 million.

Here are today's biggest percentage losers: