Viad, CardioNet and Timberland lead small-cap percentage losers
Viad Corp. (Nasdaq:VVI), CardioNet Inc. (Nasdaq:BEAT) and Timberland Co. (Nasdaq:TBL) are among the biggest percentage losers in Friday's trading among companies with market capitalizations under $1 billion.
[ More » ]
Also included among the results: Susser Holdings Corp. (Nasdaq:SUSS), GigaMedia Ltd. (Nasdaq:GIGM), Intermec Inc. (Nasdaq:IN), Ambassadors Group Inc. (Nasdaq:EPAX), Sepracor Inc. (Nasdaq:SEPR) and Diedrich Coffee Inc. (Nasdaq:DDRX).
Russell closes Friday's session in the green; OMTR, SWKS, and TSYS lead gainers
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).
[ More » ]
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)
Russell remains high into mid-day trading; OMTR, SWKS, and TSYS lead gainers
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).
[ More » ]
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, SRA International and Healthways lead small-cap percentage losers
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.
[ More » ]
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).
Russell pushes higherSmall-cap stocks are pushing higher in midday Friday trading, boosted by upbeat economic data and a dip in crude oil prices. The gains, however, have not erased Thursday’s market dive. At 12:13 p.m. ET, the Russell 2000 (NYSE:IWM) was up 9.86, or 1.4%, at 712.25. Crude oil futures pulled back $1.54 to $123.92 a barrel in recent trading. The U.S. dollar is up against the yen and flat against the euro. The Michigan sentiment survey extended this morning’s upside data surprise trend, beating the median forecast handily at 61.2 versus the projection of 56.4. Still, the number is low historically. Equities did produce a decent bounce when the sentiment figures came out just before 10:00 a.m. ET. New home sales also topped the forecast, coming out at a pace of 530,000 annual units, compared with an expectation for 500,000. In addition, the May figure was revised upward, which kept the “feel good” data surprise intact heading into the rest of the trading session. Ahead of the open, the June durable goods report came in well above expectations, with the headline figure up 0.8%, compared with the forecast for a dip of 0.3%. Although durables was a nice upside surprise for equities, the data is a little dated and seldom has a staying influence on stocks. Broad market sectors on the rise this afternoon include coal, metal mining, airlines, iron and steel, construction and agricultural machinery, and oil and gas operations companies. Sectors on the decline include printing services, computer storage devices, apparel, office equipment, plastics and rubbers and life insurance . . .
Acacia Research- Acacia Technologies, Horizon Lines and SiRF Technology Holdings lead small-cap percentage losersAcacia Research- Acacia Technologies (Nasdaq:ACTG), Horizon Lines, Inc. (NYSE:HRZ) and SiRF Technology Holdings Inc. (Nasdaq:SIRF) are among the biggest percentage losers in Friday's trading among companies with market capitalizations under $750 million. EZCORP, Inc. (Nasdaq:EZPW), Bottomline Technologies (Nasdaq:EPAY) and Viad Corp. (NYSE:VVI) are also among the top small-cap percentage losers. Here are Friday's biggest percentage losers among small caps
CSK Auto receives buyout bid while Agilysys narrows Q3 profit
Here are the current biggest percentage gainers and losers among companies with a market cap between $100 million and $750 million:
[ More » ]
Biggest percentage gainers:
• CSK Auto Corp. (CAO), up 51% on news it has received an unsolicited bid from rival O’Reilly Automotive Inc. (ORLY) for $352 million in stock. • Viad Corp. (VVI), up 23% on news it swung to a fourth-quarter profit. • BankUnited Financial Corp. (BKUNA), up 18%. Biggest percentage losers:
• BioForm Medical, Inc. (BFRM), down 18% on news that net sales for the second quarter rose but did not meet analysts’ projections. • Omnicell, Inc. (OMCL) down 20% on news that fourth-quarter earnings met Wall Street’s forecast. • Agilysys, Inc. (AGYS), down 13% on news that fiscal 2008 third-quarter profit fell 90%. spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer
|
|