Tag - TNDM

Hooker Furniture Corp. (Nasdaq:HOFT), Old Second Bancorp Inc. (Nasdaq:OSBC) and Citi Trends Inc. (Nasdaq:CTRN) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Pantry Inc. (Nasdaq:PTRY), Neutral Tandem Inc. (Nasdaq:TNDM), Skilled Healthcare Group Inc. (Nasdaq:SKH), AirTran Holdings Inc. (Nasdaq:AAI), Flexsteel Industries Inc. (Nasdaq:FLXS) and Volt Information Sciences Inc. (Nasdaq:VOL).

Diedrich Coffee Inc (Nasdaq:DDRX), Isle of Capri Casinos Inc (Nasdaq:ISLE) and Great Southern Bancorp Inc (Nasdaq:GSBC) are among the new 52-week highs in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Cornerstone Therapeutics Inc (Nasdaq:CRTX), Neutral Tandem Inc (Nasdaq:TNDM), Rosetta Stone Inc (Nasdaq:RST), Evercore Partners Inc (Nasdaq:EVR), Highlands Acquisition Corp (Nasdaq:HIA) and ICU Medical Inc (Nasdaq:ICUI).

Kirklands Inc. (Nasdaq:KIRK), ICF International Inc. (Nasdaq:ICFI) and Neutral Tandem Inc. (Nasdaq:TNDM) are among the new 52-week highs in Friday's trading among companies with market capitalizations under $1 billion.

AsiaInfo Holdings Inc. (Nasdaq:ASIA), ImmunoGen Inc. (Nasdaq:IMGN) and Monro Muffler Brake Inc. (Nasdaq:MNRO) are among the new 52-week highs in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Neutral Tandem Inc. (Nasdaq:TNDM), Hot Topic, Inc. (Nasdaq:HOTT), Kirklands Inc. (Nasdaq:KIRK), SXC Health Solutions Corp. (Nasdaq:SXCI), America Service Group Inc. (Nasdaq:ASGR) and Santa Monica Media Corp. (Nasdaq:MEJ).

hhgregg Inc. (Nasdaq:HGG), Theravance Inc. (Nasdaq:THRX) and Hot Topic, Inc. (Nasdaq:HOTT) are among the new 52-week highs in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Optimer Pharmaceuticals Inc. (Nasdaq:OPTR), American Italian Pasta Co. (Nasdaq:AIPC), ArcSight Inc. (Nasdaq:ARST), Monro Muffler Brake Inc. (Nasdaq:MNRO), Neutral Tandem Inc. (Nasdaq:TNDM) and Ocwen Financial Corp. (Nasdaq:OCN).

Computer Programs And Systems Inc. (Nasdaq:CPSI), Neutral Tandem Inc. (Nasdaq:TNDM) and ImmunoGen Inc. (Nasdaq:IMGN) are among the new 52-week highs in Wednesday's trading among companies with market capitalizations under $1 billion.

Sturm Ruger & Co Inc. (Nasdaq:RGR), Neutral Tandem Inc. (Nasdaq:TNDM) and AsiaInfo Holdings Inc. (Nasdaq:ASIA) are among the new 52-week highs in Monday's trading among companies with market capitalizations under $1 billion.

Fundtech Ltd. (Nasdaq:FNDT), SunPower (Nasdaq:SPWRA) and Neutral Tandem Inc. (Nasdaq:TNDM) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: UAL Corp. (Nasdaq:UAUA), Palm Inc. (Nasdaq:PALM), Cheesecake Factory Inc. (Nasdaq:CAKE), Force Protection Inc. (Nasdaq:FRPT), East West Bancorp Inc. (Nasdaq:EWBC) and Clean Energy Fuels Corp. (Nasdaq:CLNE).

Wright Medical Group Inc (Nasdaq:WMGI), Palm Inc (Nasdaq:PALM) and Red Robin Gourmet Burgers Inc (Nasdaq:RRGB) are among the most actively traded companies in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: CV Therapeutics Inc. (Nasdaq:CVTX), Neutral Tandem Inc. (Nasdaq:TNDM), Cubist Pharmaceuticals Inc. (Nasdaq:CBST), Geron Corp. (Nasdaq:GERN), Centennial Communications Corp. (Nasdaq:CYCL) and Zoran Corp. (Nasdaq:ZRAN).

Oh, what a tangled web we weave, all thanks to the mass of mobile connections. Cell phones have become the standard, not the exception. Blue Tooth and myriad other earpieces have virtually become fashion accessories. Internet phone services, or VoIP, are booming as consumers piggyback phone connections onto the ubiquitous Web.

It’s no wonder that Neutral Tandem, Inc. (Nasdaq:TNDM), a provider of interconnectivity among telephone carriers, is optimistic that it can continue to detangle the communication web and fuel rapid growth even through an economic downturn, as CEO Rian Wren said on the Aug. 5 conference call to discuss second-quarter earnings that beat Street estimates.

The Chicago-based company, which announced in June that it has passed the 100 billion minute mark on voice calls, logged 14.2 billion billed minutes in the second quarter ended June 30, an increase of 45% from the year-ago period. The company added 11 new markets in the quarter, putting it into 82 markets with 539 million assigned telephone numbers.

By the end of this year, Neutral Tandem plans to be in 12 more markets, bringing the coverage up to 556 million assigned numbers.

The rapid growth is reflected in earnings. Net income in the second quarter shot up to $0.17 per share, compared with $0.03 in the 2007 quarter and analysts’ estimates of $0.13. Adjusted EBITDA rose 81% in the period to $12 million. Revenue was up nearly 40% to $28.6 million in the quarter.

The company revised its guidance for the full year upward: revenue is now expected to reach between $117 million to $121 million, instead of $112 million to $116 million, while adjusted EBITDA is now expected to range from $47 million to $49 . . .

Small-cap stocks went into a tailspin on the opening as runaway inflation, weak housing starts and the never-ending credit crunch saga cast a bearish pall over the market. At 9:55 a.m. ET, the Russell 2000 (NYSE:IWM) was down 8.53, or 1.15%, at 733.44.

The inflation horizon became more troubling this morning when the Producer Price Index report came out at 1.2%, which was way ahead of the forecast for a rise of 0.6%. The headline figure marked the largest year-over-year rise in 27 years. Recently, investors have tried to shrug off inflation worries, saying that the data is back-dated and that the biggest inflation ingredient — energy — has been on the decline in late July and in August. However, today’s “core” rate of inflation, which excludes food and energy prices, was up a stunning 0.7%, which was far beyond the forecast for a rise of 0.2%. The year-over-year rise in the core rate was the fastest since 1991. Although you can argue that tracking inflation without including energy and food prices is somewhat silly, one thing the core rate shows us today is that inflation is creeping into other areas than just at the gas pump and in the grocery sack.

Rubbing a little salt in the wound was the Housing Starts report, which came out at the same time as the PPI and which also was a disappointment. The headline for housing starts was down 11.0%, slack compared with the forecast for a decline of 9.9%. The rate of July housing starts was at 965,000 units, which marked the lowest level since March 1991. So, housing starts are at 17-year lows and inflation is at 27-year lows. With many market watchers saying that a recovery in the housing market is a necessary start to a recovery in the financial/credit crisis, the numbers today did nothing to help further the bullish argument.

“With sales still soft, and with lending standards tighter, single family housing starts will contract even further,” Steven Wood, chief economist with Insight Economics, said in an email. “Housing’s contribution to economic growth will be . . .

Neutral Tandem Inc. (Nasdaq:TNDM) slipped to a 52-week low Monday, dropping more than 11%, even after the Chicago-based telecommunication company announced it had surpassed a 100 billion-minute milestone late last week. The company provides tandem interconnection services to various carriers, including wireless, cable and broadband companies. Shares of Neutral Tandem fell to $15.89 with below-average volume before bouncing back to $16.30. Neutral Tandem’s shares have ranged from $15.89 to $23 during the past year.

Shares of Neutral Tandem Inc. (Nasdaq:TNDM) are sagging on news after the close on Thursday that the provider of tandem services to wireless, wireline, cable and broadband providers has priced a secondary offering of 4.5 million shares of its common stock at $18 per share. The Chicago-based company will not receive any proceeds from the sale of the shares.

At 12:35 p.m. ET, the stock had let go $0.51, or 3%, to $18.47.

The Russell 2000 (NYSE: IWM) futures are higher and the small-cap index will likely open in positive territory.

The bulls look poised for action this morning despite news of a third consecutive monthly decline in orders for durable goods.

The U.S. Census Bureau reported that orders for durable goods, which are supposed to last at least three years, declined 0.4% in October to $214.45 billion. Economists were expecting orders to stay flat after falling a downwardly revised 1.4% in September.

That tells us that businesses are reining in spending, which feeds fears of a coming slowdown in economic growth.

Investors will also have their eyes on other economic data set to be released later today. The National Association of Realtors will announce home sales for October at 10 a.m. ET, while the U.S. Federal Reserve will release its “beige book” of information about regional economic conditions at 2 p.m. ET.

Here are the biggest percentage gainers and losers in pre-market trading among companies with a market cap between $100 million and $750 million:

Biggest percentage gainers:

• China Finance Online Co. Ltd. (JRJC), up 15% on news it has completed the acquisition of 85% equity interest of a licensed securities brokerage firm in Hong Kong.
• City Telecom (H.K.) Ltd. (CTEL), up 9%.
• Neutral Tandem, Inc. (TNDM), up 6%.

Biggest percentage losers:

• BIDZ.com, Inc. (BIDZ), down 16% on news the CEO has denied a report claiming the company engages in shill bidding, holds excessive inventory.
• Central Garden & Pet Co. (CENT) down 15% on news of a fiscal fourth-quarter net loss.
• Tercica Inc. (TRCA) down 8%.