Tag - YAVY

Syms Corp. (Nasdaq:SYMS), MAP Pharmaceuticals Inc. (Nasdaq:MAPP) and Rome Bancorp Inc. (Nasdaq:ROME) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: CAI International Inc. (Nasdaq:CAP), Arena Pharmaceuticals Inc. (Nasdaq:ARNA), Vitran Corp Inc. (Nasdaq:VTNC), Yadkin Valley Financial Corp. (Nasdaq:YAVY), Northern Technologies International Corp. (Nasdaq:NTIC) and Kohlberg Capital Corp. (Nasdaq:KCAP).

OncoGenex Pharmaceuticals Inc. (Nasdaq:OGXI), Starlims Technologies Ltd. (Nasdaq:LIMS) and Isramco Inc. (Nasdaq:ISRL) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Yadkin Valley Financial Corp. (Nasdaq:YAVY), Hiveld Steel Depository Receipt (Nasdaq:HSVLY), Merchants Bancshares Inc. (Nasdaq:MBVT), Main Street Capital Corp. (Nasdaq:MAIN), WHX Corp. (Nasdaq:WXCO) and Capital Bank Corp. (Nasdaq:CBKN).

AgFeed Industries Inc. (Nasdaq:FEED), Canadian Solar Inc. (Nasdaq:CSIQ) and Allos Therapeutics Inc. (Nasdaq:ALTH) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Star Bulk Carriers Corp. (Nasdaq:SBLK), Eagle Bulk Shipping Inc. (Nasdaq:EGLE), OncoGenex Pharmaceuticals Inc. (Nasdaq:OGXI), Vanda Pharmaceuticals Inc. (Nasdaq:VNDA), Yadkin Valley Financial Corp. (Nasdaq:YAVY) and Aruba Networks Inc. (Nasdaq:ARUN).|

S&T Bancorp Inc. (Nasdaq:STBA), TRW Automotive Holdings Corp. (Nasdaq:TRW) and Fisher Communications Inc. (Nasdaq:FSCI) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Central Pacific Financial Corp. (Nasdaq:CPF), Ameris Bancorp (Nasdaq:ABCB), Yadkin Valley Financial Corp. (Nasdaq:YAVY), Lennar Corp. (Nasdaq:LEN), Federal Signal Corp. (Nasdaq:FSS) and Summit Financial Group Inc. (Nasdaq:SMMF).

CRA International Inc. (Nasdaq:CRAI), Big 5 Sporting Goods Corp. (Nasdaq:BGFV) and UAL Corp. (Nasdaq:UAUA) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Pacific Capital Bancorp (Nasdaq:PCBC), FGX International Holdings Ltd. (Nasdaq:FGXI), Graco Inc. (Nasdaq:GGG), Enterprise Financial Services Corp. (Nasdaq:EFSC), Yadkin Valley Financial Corp. (Nasdaq:YAVY) and Pharmasset Inc. (Nasdaq:VRUS).

ViroPharma Inc (Nasdaq:VPHM), First United Corp Maryland (Nasdaq:FUNC) and Micrus Endovascular Corp (Nasdaq:MEND) are among the new 52-week lows in Monday's trading among companies with market capitalizations under $1 billion.

Corporate Executive Board Co. (Nasdaq:EXBD), Yadkin Valley Financial Corp. (Nasdaq:YAVY) and Abiomed Inc. (Nasdaq:ABMD) are among the new 52-week lows in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: First Financial Holdings Inc (Nasdaq:FFCH), Forrester Research Inc (Nasdaq:FORR), Astoria Financial Corp (Nasdaq:AF), TEAM Inc (Nasdaq:TISI), Advisory Board Co (Nasdaq:ABCO) and Hill Rom Holdings Inc (Nasdaq:HRC).

M I Homes Inc. (Nasdaq:MHO), Abiomed Inc. (Nasdaq:ABMD) and Corporate Executive Board Co. (Nasdaq:EXBD) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Micrus Endovascular Corp. (Nasdaq:MEND), Life Time Fitness Inc. (Nasdaq:LTM), 99 Cents Only Stores (Nasdaq:NDN), Forrester Research Inc. (Nasdaq:FORR), Harman International Industries Inc. (Nasdaq:HAR) and Yadkin Valley Financial Corp. (Nasdaq:YAVY).

Data Domain Inc. (Nasdaq:DDUP), State Bancorp Inc. (Nasdaq:STBC) and Lindsay Corp. (Nasdaq:LNN) are among the new 52-week lows in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Financial Institutions Inc. (Nasdaq:FISI), MI Developments Inc. (Nasdaq:MIM), Yadkin Valley Financial Corp. (Nasdaq:YAVY), Primeenergy Corp. (Nasdaq:PNRG), Methanex Corp. (Nasdaq:MEOH) and Sierra Bancorp (Nasdaq:BSRR).

Horace Mann Educators Corp. (Nasdaq:HMN), Advanced Medical Optics Inc. (Nasdaq:EYE) and Mid Penn Bancorp Inc. (Nasdaq:MPB) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Sterling Financial Corp. (Nasdaq:STSA), LandAmerica Financial Group Inc. (Nasdaq:LFG), BankAtlantic Bancorp Inc. (Nasdaq:BBX), Frontier Financial Corp. (Nasdaq:FTBK), Preferred Bank (Nasdaq:PFBC) and Yadkin Valley Financial Corp. (Nasdaq:YAVY).

Here are the biggest percentage losers among small caps:

Shares of Yadkin Valley Financial Corp. (Nasdaq:YAVY) lost more than a quarter of their value this morning after the company announced plans to acquire American Community Bancshares Inc. (Nasdaq:ACBA) for about $92 million.

Elkin, N.C.-based Yadkin Valley said before the opening this morning that it has agreed to acquire Charlotte, N.C.-based American Community Bancshares and its subsidiary American Community Bank.

The total transaction value represents 168% of American Community's book value and 23 times American Community's trailing 12 months’ net income.

The deal is expected to close no later than the beginning of the 2009 first quarter.

Yadkin Valley says the buy will allow it to enter the state of South Carolina for the first time. Once the transaction is complete, Yadkin Valley says it will be a $2 billion institution with more than forty offices in sixteen North and South Carolina counties.

By mid-day, Yadkin Valley is at $12.52, down $4.47 from Tuesday’s close. The stock has traded as low as $9.85 and as high as $17.90 during the past year.

For detailed price information and news stories on Yadkin Valley, click YAVY.

Shares of American Community Bancshares, Inc., (Nasdaq:ACBA) are soaring ahead of the bell after the small cap bank said this morning that it will be acquired by Yadkin Valley Financial Corporation (Nasdaq:YAVY) for a premium of $92 million.

The total transaction value represents 168% of American Community's book value, 207% of tangible book value, 17.4% of total assets, a 19.5% core deposit premium, and 23 times American Community's trailing twelve months net income.

Shares leaped 65%, or $4.55, to $11.55 ahead of the bell. For detailed price information and news stories on American Community, click ACBA.

LIN TV Corp. (NYSE:TVL), China East Air (NYSE:CEA) and Yadkin Valley Financial Corp. (Nasdaq:YAVY) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.      

Also included among the results: Mid Penn Bancorp Inc. (AMEX:MPB), Endwave Corp. (Nasdaq:ENWV), TechTarget Inc. (Nasdaq:TTGT), Greenfield Online Inc. (Nasdaq:SRVY), NGAS Resources Inc. (Nasdaq:NGAS) and H&E Equipment Services Inc. (Nasdaq:HEES).       

Here are the biggest percentage gainers among small caps:           

Shares of Yadkin Valley Financial Corp. (Nasdaq: YAVY) have managed a small gain following news of a second-quarter earnings increase.

The net income for the three months ended June 30 was $3.79 million, an increase of 10.7% compared with $3.42 million a year earlier, the Elkin, N.C.-based bank holding company announced before the opening bell.

That comes to $0.35 per share, in line with what three analysts polled by Thomson Financial were expecting. Yadkin Valley Financial had a profit of $0.32 per share during the second quarter of 2006.

The company attributed its improved profitability to a 17.9% rise in non-interest income and a 63.6% drop in provision for loan losses.

U.S. ended the week with large gains following news that core consumer inflation in May came in below expectations. The Russell 2000 moved up 11.07 points, or 1.32%, to finish at 848.19. The Dow Jones Industrial Average added 85.76 points, or 0.63%, to 13,639.48.

For this week, the Russell 2000 has gained 12.88 points, or 1.54%, while the Dow has added 215.09 points, or 1.73%.