Tag - UDRL

Immucor Inc. (Nasdaq:BLUD), CPI International Inc. (Nasdaq:CPII) and Panhandle Oil and Gas Inc. (Nasdaq:PHX) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Old Second Bancorp Inc. (Nasdaq:OSBC), Digimarc Corp. (Nasdaq:DMRC), Union Drilling Inc. (Nasdaq:UDRL), Penford Corp. (Nasdaq:PENX), Bridgford Foods Corp. (Nasdaq:BRID) and Care Investment Trust Inc. (Nasdaq:CRE).

Exide Technologies (Nasdaq:XIDE), Cascade Corp. (Nasdaq:CAE) and First Community Bancshares Inc. (Nasdaq:FCBC) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: LCA Vision Inc. (Nasdaq:LCAV), Union Drilling Inc. (Nasdaq:UDRL), Heritage Crystal Clean Inc. (Nasdaq:HCCI), Central Pacific Financial Corp. (Nasdaq:CPF), Volcom Inc. (Nasdaq:VLCM) and Western Refining Inc. (Nasdaq:WNR).

UAL Corp. (Nasdaq:UAUA), Solarfun Power Holdings Co Ltd. (Nasdaq:SOLF) and Union Drilling Inc. (Nasdaq:UDRL) are among the most actively traded companies in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Canadian Solar Inc. (Nasdaq:CSIQ), A Power Energy Generation Systems Ltd. (Nasdaq:APWR), MAP Pharmaceuticals Inc. (Nasdaq:MAPP), Century Aluminum Co. (Nasdaq:CENX), AgFeed Industries Inc. (Nasdaq:FEED) and Eagle Bulk Shipping Inc. (Nasdaq:EGLE).

Small-cap stocks pushed higher Tuesday, shrugging off record low consumer confidence as investors scavenged for bargains on beaten down bank and financial shares, hoping that President Obama’s pick to lead the Treasury will make quick moves to bolster bank balance sheets and mop up toxic assets. The Russell 2000 (NYSE:IWM) closed higher for the third consecutive session, gaining 5.53, or 1.23%, to 455.58. The Russell is still down 8.8% for the year, while the Dow is off 6.8% and the S&P 500 is down 6.3%.

Timothy Geithner – Obama’s nominee to head the Treasury Department – was finally confirmed by lawmakers late Monday and investors are hoping he will move rapidly to utilize government funds to help out banks. Obama himself even said today that the government will need to step up to help out banks with troubled assets, which was the original purpose of the TARP bailout plan before getting sidetracked during the waning days of the Bush Administration. The prospect of a “bad bank” set up to absorb troubled assets was back in play today, with Senate Banking Committee Chairman Chris Dodd saying the idea made “some sense.”

For the day, bank stocks were up 3.3%, while financial shares gained 3.5%. But the upside progress wasn’t necessarily spread all around as retail stocks, airlines and some commodity groups struggled. The S&P Retail Index dipped 1.3%, with home-related retailers struggling. The AMEX Airline Index tumbled 6.9%, with Delta Air Lines Inc. (NYSE:DAL), the world’s largest carrier, going into a 20% tailspin after releasing crummy earnings.

Gold stocks also took a nosedive today, and commodities in general were struggling, even though the U.S. dollar was pretty much flat against the euro and yen. The Commodity Research Bureau Index fell some 3% on the day, powered by a big decline in crude oil prices. The market for “black gold” tumbled 9%, or $4.15 a barrel, to $41.58, pressured by worries about demand amid the recession and . . .

Small-cap stocks continued to grind higher into midday, with energy, real estate trusts and financial shares showing the way. A recovery bounce in crude oil and oversold conditions on energy stocks sparked money flow into that arena and provided a lift to the overall market. Some of today’s small-cap gainers were Developers Diversified Realty Corp.  (NYSE:DDR), BigBand Networks Inc. (Nasdaq:BBND) and Union Drilling Inc. (Nasdaq:UDRL).

Other Market Watch highlights today included:

• Bernanke said this morning that TARP funds should be directed toward toxic mortgage-backed assets, relieving many traders.  
• On the commodities scene, gold climbed and copper reversed a big overnight decline in Asia to trend higher.
• Energy stocks appeared to get a lift from a recovery rally in crude oil futures, which reversed a $1 per barrel decline in overnight trading.  
• The worst performers were electronic component makers, aluminum stocks, tire companies, industrial conglomerates and auto manufacturers

Small Cap Gainers:

• Small-cap REIT Developers Diversified Realty Corp. soared 18% as the shopping center management firm recovered from steep losses Monday. See (NYSE:DDR).
• BigBand Networks Inc. rallied 17% as investors appeared to be taking a stab that the video networking solutions firm will announce decent earnings Thursday afternoon. See (Nasdaq:BBND).  
• Among the various energy companies in rally mode today, natural gas firm Union Drilling Inc. was up 13%. See (Nasdaq:UDRL).

Small Cap Losers:

• Cepheid gapped lower and fell 18% gene analysis firm reported earnings that didn’t match up with investor expectations. See (Nasdaq:CPHD).  
• Prestige Brands lowers guidance; stock slumps over 13%. See (NYSE:PBH).   
• AMB Property Corp. slipped 8% as the firm made some dividend announcements. See (NYSE:AMB).  
• Liz Claiborne lowers view, inks credit amendment; stock slides 4%. See (NYSE:LIZ).  

Small-cap stocks continued to grind higher into midday, with energy, real estate trusts and financial shares showing the way. A recovery bounce in crude oil and oversold conditions on energy stocks sparked money flow into that arena and provided a lift to the overall market. At 12:33 p.m. ET, the Russell 2000 (NYSE:IWM) was up 6.54, or 1.40%, at 475.34.

Looking at S&P groups so far today, the best performers were often linked to real estate, with REITS and real estate services firms posting solid gains. Small-cap REIT Developers Diversified Realty Corp. (NYSE:DDR) soared 18% as the shopping center management firm recovered from steep losses Monday. Homebuilders were also outperforming the broad market as investors looked for bargains along the real estate and construction theme.

The market was clearly divided today, with several S&P groups also posting solid declines through mid-session. The worst performers were electronic component makers, aluminum stocks, tire companies, industrial conglomerates and automobile manufacturers.

Small caps making a big move today included BigBand Networks Inc. (Nasdaq:BBND), which rallied 17% as investors appeared to be taking a stab that the video networking solutions firm will announce decent earnings Thursday afternoon. Among the various energy companies in rally mode today, natural gas firm Union Drilling Inc. (Nasdaq:UDRL) was up 13%.

Energy stocks appeared to get a lift from a recovery rally in crude oil futures, which reversed a $1 per barrel decline in overnight trading to rise about $1 dollar in U.S. trading, lifted by reports that Saudi Arabia plans to lower production even beyond the OPEC target to stabilize prices. Elsewhere on the commodities scene, gold climbed and copper reversed a big overnight decline in Asia to trend higher.

Some traders were relieved to hear Federal Reserve Chairman Ben . . .

Developers Diversified Realty REIT (Nasdaq:DDR), Union Drilling Inc. (Nasdaq:UDRL) and TF Financial Corp. (Nasdaq:THRD) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: InterOil Corp. (Nasdaq:IOC), BigBand Networks Inc. (Nasdaq:BBND), MedAssets Inc. (Nasdaq:MDAS), Force Protection Inc (Nasdaq:FRPT), Och Ziff Capital Management Group (Nasdaq:OZM) and Macquarie Infrastructure Co. LLC (Nasdaq:MIC).

Small-cap stocks started out the new month with a bearish bang, sinking hard amid gloomy manufacturing data around the world, which weighed on industrial and commodity stocks. Today's small-cap gainers are Mentor Corp. (NYSE:MNT), Qimonda (NYSE:QI) and General Growth (NYSE:GGP).

Today's Market Watch highlights included:

• From a money flow perspective, investors appeared to be fleeing stocks for safe-haven outlets in the credit markets.  
• The dollar was up about 0.5% against the euro, which also weighed on commodity prices.  
• Energy stocks were also an early drag on the market, taking a cue from sinking crude oil prices, which were down $4 this morning.  
• The construction spending report was pegged at minus 1.2%, also below the projection for a dip of 0.9%.

Small Cap Gainers:

• Johnson & Johnson to buy Mentor Corp., which is leaping about 90% in pre-market. See (NYSE:MNT).  
• Qimonda up about 30% in pre-market, reports progress on partner talks, delays results. See (NYSE:QI).  
• General Growth pops 34% in pre-market after receiving loan extension. See (NYSE:GGP).  

Small Cap Losers:

• Union Drilling Inc. is off 22% as the natural gas driller tumbled with other energy names such as Patriot Coal Corp, down 14%. See (Nasdaq:UDRL) and (NYSE:PCX).  
• Teekay Tankers Ltd. is down 12%, correcting lower after a huge rally day Friday. See (NYSE:TNK).  
• Solarfun Power Holdings down over 8% in pre-market as energy, solar stocks are all seeing steep declines before the bell. See (Nasdaq:SOLF).
• UAL Corp. is down 6% after the airline filed a mixed shelf to offer securities. See (Nasdaq:UAUA).  

Small-cap stocks started out the new month with a bearish bang, sinking hard amid gloomy manufacturing data around the world, which weighed on industrial and commodity stocks. At 10:03 a.m. ET, the Russell 2000 (NYSE:IWM) was down 23.79, or 5.03%, at 449.35.

The dour tone on manufacturing started in Asia, where new orders for China’s manufacturing sector fell hard, stirring worries about the global recession. Then, the worries followed through to Europe and finally here to the United States, as the ISM Manufacturing Survey came in at 36.2, which was below the forecast of 38.0. In addition, the construction spending report was pegged at minus 1.2%, also below the projection for a dip of 0.9%.

Energy stocks were also an early drag on the market, taking a cue from sinking crude oil prices. The market for “black gold” was off nearly $4 a barrel this morning, pummeled by news that OPEC said they would wait to make a decision on further supply cuts and also by the troubling economic news around the globe.

The dollar was up about 0.5% against the euro, which also weighed on commodity prices this morning. Copper and aluminum prices were lower in Asian trading as those markets react to the China manufacturing news. Within the commodity realm, Brazilian stocks were off some 3% early today, as that country is heavily dependent on commodity exports.

Investors will be looking for news about how the holiday shopping season is moving along. The early returns seem positive for the “Black Friday” kickoff of the season after last Thursday’s Thanksgiving Day holiday, but the way the market is trading today suggests there might be some hidden weakness in those returns. Today is known as “Cyber Monday” as consumers scan the Internet for holiday bargains, and any feel for those returns could also be important as the day progresses.

From a money flow perspective, investors appeared to be fleeing stocks for safe-haven outlets in the credit markets. European bund futures hit contract highs . . .

Sciele Pharma Inc. (Nasdaq:SCRX), International Shipholding Corp. (Nasdaq:ISH) and West Marine Inc. (Nasdaq:WMAR) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Union Drilling Inc. (Nasdaq:UDRL), UAL Corp. (Nasdaq:UAUA), PacWest Bancorp (Nasdaq:PACW), Cooper Tire & Rubber Co. (Nasdaq:CTB), DineEquity Inc. (Nasdaq:DIN) and Einstein Noah Restaurant Group Inc. (Nasdaq:BAGL).

Here are the biggest percentage gainers among small caps:

Mexco Energy Corp. (Nasdaq:MXC), SemGroup Energy Partners LP (Nasdaq:SGLP) and Metalico Inc. (Nasdaq:MEA) are among the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $1 billion.   

Also included among the results: Citi Trends Inc. (Nasdaq:CTRN), Info Group Inc. (Nasdaq:IUSA), Central Gold Trust (Nasdaq:GTU), Century Bancorp (Nasdaq:CNBKA), Pyramid Oil Co. (Nasdaq:PDO) and Union Drilling Inc. (Nasdaq:UDRL).        

Here are the biggest percentage gainers among small caps:    

Small-cap stocks stumbled Monday, pressured by concerns about the economy, spiking inflation data and jitters ahead of Tuesday’s FOMC announcement. Losses were limited by a sharp decline in crude oil prices, but it wasn’t enough to pull the Russell 2000 (NYSE:IWM) into the green. For the day, the Russell slipped 12.02, or 1.68% to 704.14.

It was an interesting day for the markets as a seller’s mentality gripped investors across nearly all major asset classes. Usually, money will flow from one area to another (like stocks into commodities) but today’s action saw commodities get hammered, even while stocks were soft, and also as credit instruments were weak.

“Mass liquidation is never good,” said Dominic Boyle, market strategist with Lind-Waldock, in an interview with SmallCapInvestor.com. “We’re seeing the biggest one-day decline in commodities since March. It’s especially troubling to see the stock market struggling in the face of steep losses in crude oil,” he said...

TomoTherapy Inc (Nasdaq:TOMO), Transition Therapeutics Inc (Nasdaq:TTHI) and Radiant Systems Inc (Nasdaq:RADS) are among the biggest percentage losers in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Winn Dixie Stores Inc (Nasdaq:WINN), Union Drilling Inc (Nasdaq:UDRL), National Interstate Corp (Nasdaq:NATL), Dynamic Materials Corp (Nasdaq:BOOM), eHealth Inc (Nasdaq:EHTH) and Wabash National Ord Shs (Nasdaq:WNC).

Here are the biggest percentage losers among small caps:

Shares of Union Drilling Inc. (Nasdaq:UDRL) have shed 16% today after it reported after Thursday’s close its second quarter net income had dropped 63% from a year ago. For the quarter ended June 30, net income was $3.4 million, or $0.15 per share, compared with $9.2 million, or $0.42 a share, for the same quarter a year earlier. Revenues grew $75.4 million from $74.2 million a year ago. The Fort Worth-based company said results were impacted by a $1 million loss on disposal assets, compared with a $1 million gain in the prior year.

At 11:04 a.m. ET, shares are at $16.10, down $3.16 from Thursday’s close. Trading volume is well below average. During the past year, shares have ranged from $10.67 to $22.73.

The Russell 2000 (NYSE: IWM) and the Dow are falling on news of more fallout from the subprime mess.

At 10:13 a.m. ET, the small-cap index was down 6.04 points, or 0.88%, to 677.70. The Dow Jones Industrial Average (INDU) had shed 103.47 points, or 0.84%, to 12,151.52.

Stocks opened in the red following news that investment company Carlyle Capital Corp. Ltd, which invests in fixed income asset classes and residential mortgage-backed securities, has failed to meet margin calls on its portfolio.

Carlyle Capital announced before the start of trading that it has received a notice of default from one of the banks that helps finance its portfolio of mortgage securities and expects to receive one more.

Similarly, Thornburg Mortgage Inc. (NYSE: TMA), a residential mortgage lender which buys investments in adjustable-rate and variable-rate mortgage assets, reported after the close on Wednesday that it has failed to meet a margin call of about $28 million.

The Russell 2000 (NYSE: IWM) futures are lower and the small-cap index will open with a decline.

Stocks are set for a bearish opening following news this morning that Carlyle Capital Corp. Ltd, which invests in fixed income asset classes, including residential mortgage-backed securities, has failed to meet margin calls on its $21.7 billion portfolio.

The Russell 2000 had a tame session Wednesday, gaining 2.76, or 0.41%, ending at 683.74. Price action the last several sessions has been sloppy after yet another double top on daily charts back on Feb. 27. Look for support today at 677 and 670. There is minor support below there at 666 and 660, but a decisive breach of 670 opens the door to test the recent low down at 650. On the upside, resistance comes in at 692, then at 701 and 712.

This morning's weekly claims report at 8:30 a.m. ET might attract a little more interest than this report usually would garner, just because we’re facing the big unemployment release Friday.

Shares of Irvine, Calif.-based ISTA Pharmaceuticals, Inc. (Nasdaq: ISTA) are in negative territory following news this morning that the U.S. Food and Drug Administration has rejected the company’s inflammatory eye condition treatment.  The stock is down $0.05, or 0.5%, to $9.62.

Seattle-based Jones Soda Co. (Nasdaq: JSDA) reported after Thursday’s close that its first-quarter profit fell short of analysts’ expectations.  The company said that an increase in revenue was offset by increased investments in sales personnel.  Nevertheless, shares are up $1.29, or 5%, to $25.21.