Tag - TKTM

Novavax Inc. (Nasdaq:NVAX), ADC Telecommunications Inc. (Nasdaq:ADCT) and Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Sequenom Inc. (Nasdaq:SQNM), ImmunoGen Inc. (Nasdaq:IMGN), Ticketmaster Entertainment Inc. (Nasdaq:TKTM), GeoResources Inc. (Nasdaq:GEOI), Zion Oild and Gas Inc. (Nasdaq:ZN) and Biocryst Pharmaceuticals Inc. (Nasdaq:BCRX).

CardioNet Inc. (Nasdaq:BEAT), Eagle Bulk Shipping Inc. (Nasdaq:EGLE) and Solarfun Power Holdings Co Ltd. (Nasdaq:SOLF) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Ticketmaster Entertainment Inc. (Nasdaq:TKTM), Century Aluminum Co. (Nasdaq:CENX), Vanda Pharmaceuticals Inc. (Nasdaq:VNDA), A Power Energy Generation Systems Ltd. (Nasdaq:APWR), OncoGenex Pharmaceuticals Inc. (Nasdaq:OGXI) and Ciena Corp. (Nasdaq:CIEN).

Great Plains Energy (NYSE:GXP), California First National Bancorp (NASDAQ:CFNB) and Ticketmaster Entertainment (NASDAQ:TKTM) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $2 billion.

Great Plains Energy Inc. (NYSE:GXP), California First National Bancorp (Nasdaq:CFNB) and ProLogis REIT (NYSE:PLD) are among the biggest percentage losers in Wednesday morning's trading among companies with market capitalizations under $2 billion.

Small-cap stocks extended the morning slide into midday trading, with financial, tech and homebuilder shares overpowering gains in energy and commodity names. Analyst downgrades for key companies in the financial and technology arenas played a role in magnifying worries about consumer spending and the never-ending credit crisis. At 12:21 p.m. ET, the Russell 2000 (NYSE:IWM) was down 11.08, or 2.36% at 457.35.

On the banking/financial front, analysts downgraded JP Morgan Chase and Co. (NYSE:JPM) and the firm was one of the major drags on large-cap indices, sinking some 6.8% and spreading selling in financial firms throughout the market. Analysts also downgraded Apple Inc. (Nasdaq:AAPL), which tumbled nearly 4% and sparked a slide throughout the technology arena. The tech-laden Nasdaq 100 was down 2.2% at mid-session, about double the percentage losses seen in the S&P 500 and Dow.

The Treasury Department announced it was reviewing information from the auto industry and providing regular updates to the White House, which kept enthusiasm for some kind of bailout for U.S. automakers running high. Even though the overall market was falling today, shares in General Motors Corp. (NYSE:GM) were up 5.5%, while Ford Motor Co. (NYSE:F) was up 3.6%.

Gaylord Entertainment Co. (Nasdaq:GET), Vail Resorts Inc. (Nasdaq:MTN) and Ticketmaster Entertainment Inc. (Nasdaq:TKTM) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Dialysis Corporation of America (Nasdaq:DCAI), Investors Title Co (Nasdaq:ITIC), Daily Journal Corp (Nasdaq:DJCO), Silver StandardResources Inc (Nasdaq:SSRI), First Citizens Bancorp (Nasdaq:FCZA) and TBS International Ltd (Nasdaq:TBSI).

Small-cap stocks extended the opening slide after Treasury Secretary Henry Paulson suggested that the government’s initial plan to rescue our fragile financial system by scooping up bad debt off the books of financial firms wasn’t that great of an idea after all. A lack of confidence in the rescue plan simply added to existing jitters about the economy and the corporate profit outlook. Today’s small-cap gainers are Rex Energy (Nasdaq:REXX), CTC Media (Nasdaq:CTCM) and Ticketmaster (Nasdaq:TKTM).

Other Market Watch highlights today included:

• Anything currently linked to Russia is trouble; the Russian Stock Exchange closed for 2 days to stem massive selling in Russian equities.  
• The U.S. dollar was down mildly against the euro, but absolutely tanking against the Japanese yen, losing some 2.1%.  
• Treasury markets rallied as equity markets tumbled, reflecting flight toward “safe haven” outlets and away from stocks.  
• Small caps are down neaerly 4% after Paulson said the govt. would scrap the original “rescue” plan, in lieu of a better alternative.  

Small Cap Gainers:

• Rex Energy trading up over 10% after clocking a profit in Q3 on Nov. 7. See (Nasdaq:REXX).
• CTC Media reports inducement grant under NASDAQ marketplace rule 4350. Shares up 8.4%. See (Nasdaq:CTCM).  
• Ticketmaster Entertainment posts Q3 revenue increase, removes convenience fees for certain concerts. Shares trading up 6% this morning. See (Nasdaq:TKTM).  
• FalconStor Software, Inc. up 5% on higher-than-average volume. See (Nasdaq:FALC).  

Small Cap Losers:

• Wimm-Bill-Dann Foods OJSC tumbled 24% on news that ratings agency Moody’s downgraded the firm’s debt. See (NYSE:WBD).  
• Though crude prices are down, select airlines are struggling. UAL Corp. is down 23%, US Airways is off 20% and Alaska Air is down 7.5%. See (Nasdaq:UAUA), (NYSE:LCC) and (NYSE:ALK).  
• Central European Distribution Corp., the largest vodka producer in Poland, tumbled 21%. See (Nasdaq:CEDC).  
• Hadera Paper Ltd., an Israeli company that specializes in manufacturing and recycling of paper products, was off 20% after reporting earnings. See (NYSE:AIP).  

Ticketmaster Entertainment Inc. (Nasdaq:TKTM), Mentor Graphics Corp. (Nasdaq:MENT) and DryShips Inc. (Nasdaq:DRYS) are among the new 52-week lows in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Clean Energy Fuels Corp. (Nasdaq:CLNE), Crosstex Energy LP (Nasdaq:XTEX), Crosstex Energy Inc. (Nasdaq:XTXI), Graham Corp. (Nasdaq:GHM), Epicor Software Corp. (Nasdaq:EPIC) and Park-Ohio Holdings Corp. (Nasdaq:PKOH).

Taleo Corp. (Nasdaq:TLEO), ATA Inc. (Nasdaq:ATAI) and Ticketmaster Entertainment Inc. (Nasdaq:TKTM) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Intersections Inc. (Nasdaq:INTX), GeoResources Inc. (Nasdaq:GEOI), Universal Stainless & Alloy Products Inc. (Nasdaq:USAP), James River Coal Co. (Nasdaq:JRCC), Macquarie Infrastructure Co LLC (Nasdaq:MIC) and OM Group Inc. (Nasdaq:OMG).

Small-cap stocks flashed some surprising upside muscle on the opening, but the initial support from bargain hunting was quickly countered by selling stirred by worries over the sluggish economy, a troubling jobs outlook and sloppy earnings numbers. Today’s small-cap gainers are VASCO Data Security International (Nasdaq:VDSI), F5 Networks (Nasdaq:FFIV) and inSim Technology (Nasdaq:WVCM).

Other Market Watch highlights today include:

• Crude oil prices turned up about $1 a barrel awaiting news from the OPEC meeting, where oil ministers are expected to slash production to offset sinking prices and soft demand.  
• The U.S. dollar was on firm footing this morning, which should continue to exert pressure on many commodities markets.  
• RealtyTrac estimated that 1 in every 475 homes received a foreclosure filing in September.  
• RealtyTrac released a report early this morning saying that foreclosures were up 21% from September 2007 and up a whopping 71% from the third-quarter of last year.
• Most analysts are predicting a sharp rise in unemployment levels in coming months. Greenspan said earlier today that there will be a significant rise in layoffs and unemployment still to come.

Small Cap Gainers:

• VASCO Data Security International surges 30% after reporting third-quarter results that topped Wall Street by a large margin. (Nasdaq:VDSI).  
• F5 Networks up 12% after fiscal fourth-quarter earnings beat the Street. See (Nasdaq:FFIV).  
• inSIM Technology said it will ensure reliable cellular connections for machine-to-machine devices in Brazil. See (Nasdaq:WVCM).  
• GSI Commerce gains after posting a third-quarter net loss that was narrower than expected. See (Nasdaq:GSIC).  

Small Cap Losers:

• Braskem SA tumbled 23% on light volume, as the Brazilian petrochemical company joined other Latin American ADRs in the recent tailspin. See (NYSE:BAK).  
• Phoenix Technologies Ltd. gapped lower and was down some 27% as the systems software firm released unimpressive quarterly results. See (Nasdaq:PTEC).  
• Exelixis said GlaxoSmithKline will not exercise its option to license XL184, which inhibits tumor growth drivers. See (Nasdaq:EXEL).
• Ticketing company Ticketmaster said it would acquire a controlling equity interest in Front Line Management Group. See (Nasdaq:TKTM).  

Small-cap stocks recaptured the bulk of a steep morning slide as commodity stocks and tech stocks went into rally mode and financial shares trimmed losses amid hope that the ongoing calamity at Lehman Brothers Holdings Inc. (NYSE:LEH) would not widen into other an all-out financial meltdown. At 12:47 p.m. ET, the Russell 2000 (NYSE:IWM) was down 4.30, or 0.60% at 712.86, well off the morning low of 700.49.

Once again today we see a pattern of commodity stocks pulling up small-caps, even though physical commodity markets themselves are under pressure in line with a strong U.S. dollar and sinking crude oil prices. In addition, the decline in energy prices has been a supportive element for many sectors, particularly the airline industry. Crude oil prices tumbled some $1.50 dollars a barrel earlier, and the Commodity Research Bureau Index of 19 physical markets slipped to a seven-month low.

Looking at broad market sectors into the midday time frame, automobile manufacturers, oil refiners, railroads, fertilizers, homebuilders, steel, coal and tire stocks were all seeing significant gains, helping to stabilize equities after a bruising morning swoon. Tech stocks have been the best performers so far today, with the tech-laden Nasdaq 100 holding in positive territory even after the Dow and S&P 500 slipped back into the red. Small-caps tried to push into the green, but the move stalled as financials are still a sore spot for the market.

Looking at losing sectors right now, insurance firms are getting hammered. American International Group Inc. (NYSE:AIG) was still down some 12%. Also, investment banks and brokerage firms were getting sullied, with the big story on that . . .