Tag - Amag

CardioNet Inc. (Nasdaq:BEAT), United Online Inc. (Nasdaq:UNTD) and Prospect Capital Corp. (Nasdaq:PSEC) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Force Protection Inc. (Nasdaq:FRPT), EV Energy Partners L P (Nasdaq:EVEP), Global Sources Ltd. (Nasdaq:GSOL), Ezcorp Inc. (Nasdaq:EZPW), AMAG Pharmaceuticals Inc. (Nasdaq:AMAG) and Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI).

Geron Corp (Nasdaq:GERN), Prospect Capital Corp (Nasdaq:PSEC) and Spectrum Pharmaceuticals Inc (Nasdaq:SPPI) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Fuqi International Inc (Nasdaq:FUQI), AMAG Pharmaceuticals Inc (Nasdaq:AMAG), XenoPort Inc (Nasdaq:XNPT), Canadian Solar Inc (Nasdaq:CSIQ), American Capital Agency Corp (Nasdaq:AGNC) and ClickSoftware Technologies Ltd (Nasdaq:CKSW).

Catapult Communications Corp. (Nasdaq:CATT), Loral Space & Communications Inc. (Nasdaq:LORL) and Vanda Pharmaceuticals Inc. (Nasdaq:VNDA) are among the new 52-week lows in Tuesday's trading among companies with market capitalizations under $1 billion.

DryShips Inc. (Nasdaq:DRYS), Eagle Bulk Shipping Inc. (Nasdaq:EGLE) and Sierra Wireless Inc. (Nasdaq:SWIR) are among the most actively traded companies in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: AMAG Pharmaceuticals Inc. (Nasdaq:AMAG), James River Coal Co. (Nasdaq:JRCC), Applied Micro Circuits Corp. (Nasdaq:AMCC), Acme Packet Inc. (Nasdaq:APKT), S1 Corp. (Nasdaq:SONE) and Force Protection Inc. (Nasdaq:FRPT).

Geron Corp. (Nasdaq:GERN), AMAG Pharmaceuticals Inc. (Nasdaq:AMAG) and Palm Inc. (Nasdaq:PALM) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Eagle Bulk Shipping Inc. (Nasdaq:EGLE), Electro-Optical Sciences Inc. (Nasdaq:MELA), Scopus Video Networks Ltd. (Nasdaq:SCOP), Almost Family Inc. (Nasdaq:AFAM), Canadian Solar Inc. (Nasdaq:CSIQ) and Ciena Corp. (Nasdaq:CIEN).

AMAG Pharmaceuticals Inc. (Nasdaq:AMAG), DryShips Inc. (Nasdaq:DRYS) and Acergy ADR (Nasdaq:ACGY) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Ciena Corp. (Nasdaq:CIEN), Zoran Corp. (Nasdaq:ZRAN), Ituran Location and Control Ltd. (Nasdaq:ITRN), inVentiv Health Inc. (Nasdaq:VTIV), Axsys Technologies Inc. (Nasdaq:AXYS) and Hiveld Steel Depository Receipt (Nasdaq:HSVLY).

DryShips Inc. (Nasdaq:DRYS), Glacier Bancorp Inc. (Nasdaq:GBCI) and Clean Energy Fuels Corp. (Nasdaq:CLNE) 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), Solarfun Power Holdings Co Ltd. (Nasdaq:SOLF), Centennial Communications Corp. (Nasdaq:CYCL), AMAG Pharmaceuticals Inc. (Nasdaq:AMAG), Fuqi International Inc. (Nasdaq:FUQI) and Pan American Silver Corp. (Nasdaq:PAAS).

Small-cap stocks took flight this afternoon, spurning fresh bear market lows as bargain-hunters swooped in to snatch up deals, especially in the oversold and downtrodden commodities arena. The market once again showed a willingness to look past dreary employment data, seeing bad news on that score as Wednesday’s worries. The Russell 2000 (NYSE:IWM) closed up 38.41, or 8.48%, at 491.20. For the year, the Russell is down 36%, while the Dow is off 33% and the S&P 500 is down 38%

The weekly unemployment claims report this morning showed that the number of Americans filing continuing claims is at the highest point in 25 years, and just the latest weekly figure alone was the highest since September 2001. Still, the market barely budged when those figures came out, even though they were worse than expected, which created an aura that the jobs numbers weren’t behind market actions today. Even when the market crumbled in the afternoon and sank to new lows, you could tell there was more to the story than just worries about the jobs picture.

Coming into this morning’s activity, investors also had to weigh a revenue warning from technology bellwether Intel Corp. (Nasdaq:INTC); solid quarterly profits, but a mixed outlook from the world’s largest retailer, Wal-Mart Stores Inc. (NYSE:WMT); another wave of selling in overseas markets; a rise in bank lending rates for the first time in a month; the first German recession in five years; and a dip in crude oil prices to 22-month lows before an afternoon snap-back bounce in concert with equities.

“I think selling was related to the lift in Libor rates, poor earnings at Intel, weak guidance from Wal-Mart and ongoing disappointment over the TARP,” Nick Kalivas, vice president of financial research with MF Global, said in an email interview. “There have also been rumors that GE’s dividend may be cut. When the market started to rally back, I think sellers did not want to press in front of the G-20 meeting, insider buying at GE was announced and the earlier selling in stocks was not confirmed by outside market action.”

The market appears preoccupied with finding a bottom for the collapse, which is understandable because the risk is obviously much less near the lows. The pace of market declines has now shifted into a grueling slow-torture process, especially compared with the breakneck speed of the September-October collapse, . . .

AMAG Pharmaceuticals Inc. (Nasdaq:AMAG), Protection One Inc. (Nasdaq:PONE) and Optimer Pharmaceuticals Inc. (Nasdaq:OPTR) are among the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Global Sources Ltd. (Nasdaq:GSOL), Patriot Coal Corp. (Nasdaq:PCX), Transcat Inc. (Nasdaq:TRNS), Ameris Bancorp (Nasdaq:ABCB), Aristotle Corp. (Nasdaq:ARTL) and Cadence Financial Corp. (Nasdaq:CADE).

Small-cap stocks pushed higher on the open but slipped back into negative territory about 20 minutes into the session as oversold conditions, bargain hunting and a bounce in downtrodden commodity shares battled with dreary weekly claims data, which showed the latest filings at seven-year highs and continuing claims at 25-year highs. Today’s small-cap gainers are AMAG Pharmaceuticals. (Nasdaq:AMAG), Optimer Pharmaceuticals Inc. (Nasdaq:OPTR) and JA Solar (Nasdaq:JASO).

Other Market Watch highlights today included:

• Overnight, Britain’s sterling tumbled to 6 ½-year lows against the dollar.  
• The international trade report came out at the same time as claims and reflected a trade deficit of $56.5 billion, slightly better than the forecast.  
• Small-cap stocks pushed higher on the open but slipped back into negative territory about 20 minutes into the session.  
• Crude prices were up about $0.40 a barrel ahead of the U.S. stock market open.  
• The weekly unemployment claims report came in at 516,000, well ahead of the forecast for 480,000 and at the highest point since Sept. 2001.

Small Cap Gainers:

• AMAG Pharmaceuticals announces Ferumoxytol resubmission designated complete, Class 1 response by the FDA. Shares pop 80% in pre-market. See (Nasdaq:AMAG).  
• Optimer Pharmaceuticals Inc. up 13% in pre-market following news on Wednesday that the firm’s antibiotic drug met late-stage trial goals. See (Nasdaq:OPTR).  
• JA Solar up 5% in pre-market on very light volume; shares plummeted Wednesday on its Q3 loss, Q4 outlook. See (Nasdaq:JASO).  
• Clean Energy Fuels up 4.2% in pre-market ahead of its Q3 earnings release today. See (Nasdaq:CLNE).  

Small Cap Losers:

• WellCare Health Plans Inc. tumbled 44%, gapping lower to 52-week lows. See (NYSE:WCG).  
• AgFeed Industries, Inc. lowers FY 2008 EPS guidance; shares tank 33% in pre-market. See (Nasdaq:FEED).
• A-Power Energy Generation down 7.21% in pre-market on lower-than-average volume. See (Nasdaq:APWR).  
• Sina Q3 profit rises, provides Q4 revenue outlook. Shares are down 5.2% in pre-market on light volume. See (Nasdaq:SINA).  

Small-cap stocks pushed higher on the open but slipped back into negative territory about 20 minutes into the session as oversold conditions, bargain hunting and a bounce in downtrodden commodity shares battled with dreary weekly claims data, which showed the latest filings at seven-year highs and continuing claims at 25-year highs. At 9:57 a.m. ET, the Russell 2000 (NYSE:IWM) was down 3.67, or 0.81% at 449.13.

Weekly unemployment claims surged to the highest point since September 2001 and the number of people filing continuing claims reached 3.9 million, the highest level since January 1983. The weekly figure came in at 516,000, which was well above the forecast of 480,000, yet the market seemingly took the news in stride. The bulls will say that awful news on the jobs front is hardly a surprise and has already been fully priced into the market, but it’s not easy to find a silver lining on today’s unemployment claims report.

Elsewhere on the data scene, the international trade report came out at the same time as claims and reflected a trade deficit of $56.5 billion, slightly better than the forecast. The trade report often sparks a big move in foreign exchange markets, but FX trading was rather subdued after the trade report. Overnight, Britain’s sterling tumbled to 6 ½-year lows against the dollar. Earlier this morning the MBA mortgage application index rose 11.9%, boosted by a decline on mortgage rates. However, the index was rising off eight-year lows from the previous week, and purchase activity is hovering close to the lowest point since 2000.

Tech shares paced downside prints this morning, fueled by a sales warning overnight from bellwether Intel Corp. (Nasdaq:INTC) as the world’s largest chip maker cautioned that revenue would miss the forecast by about 14%. INTC shares were basically flat shortly after the open, a marked improvement from overnight action, but the tech-laden Nasdaq 100 was still the worst performing major index  . . .

AMAG Pharmaceuticals Inc. (Nasdaq:AMAG), DryShips Inc. (Nasdaq:DRYS) and Optimer Pharmaceuticals Inc. (Nasdaq:OPTR) are among the most actively traded companies in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Solarfun Power Holdings Co Ltd. (Nasdaq:SOLF), TBS International Ltd. (Nasdaq:TBSI), United Community Banks Inc. (Nasdaq:UCBI), Canadian Solar Inc. (Nasdaq:CSIQ), A Power Energy Generation Systems Ltd. (Nasdaq:APWR) and Pan American Silver Corp. (Nasdaq:PAAS).

Insight Enterprises Inc. (Nasdaq:NSIT), AMAG Pharmaceuticals Inc. (Nasdaq:AMAG) and Liberty Media Corp. (Nasdaq:LCAPB) are among the new 52-week lows in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Stage Stores Inc. (Nasdaq:SSI), Clean Energy Fuels Corp. (Nasdaq:CLNE), Forest City Enterprises (Nasdaq:FCE.A), Conn's Inc. (Nasdaq:CONN), Willbros Group Inc. (Nasdaq:WG) and Pericom Semiconductor Corp. (Nasdaq:PSEM).

Here are the new 52-week lows among small caps:

Cooper Tire & Rubber Co. (Nasdaq:CTB), Zones Inc. (Nasdaq:ZONS) and FirstFed Financial Corp. (Nasdaq:FED) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: AMAG Pharmaceuticals Inc. (Nasdaq:AMAG), Meritage Homes Corp. (Nasdaq:MTH), Macquarie Infrastructure Co LLC (Nasdaq:MIC), Stage Stores Inc. (Nasdaq:SSI), Magal Security Systems (Nasdaq:MAGS) and PHH Corp. (Nasdaq:PHH).

Here are the biggest percentage losers among small caps:

Small-cap stocks opened with a strong bid this morning, boosted by encouraging signs in the bank lending market, a rise in energy stocks on analyst upgrades and a perception that a speech from Federal Reserve Chairman Ben Bernanke was slightly more upbeat than recent appearances. Today’s small-cap gainers are WebMD (NYSE:WBMD), Melco Crown (Nasdaq:MPEL) and McMoRan Exploration Co. (NYSE:MMR).

Other Market Watch highlights today included:

• On the downside, broadcast and cable TV stocks were lower, as were life health insurers and leisure product stocks
• Sectors on the rise today include coal stocks, oil equipment and oil services, oil exploration, oil and gas storage, steel, oil refiners, gas utilities, industrial gases and power products.  
• About one-third of the S&P 500 slated to release results this week
• Crude oil futures were up about $1.50 a barrel, providing a lift to energy-sensitive stocks and also to commodities in general.  

Small Cap Gainers:

• McMoRan Exploration Co. jumped some 22% on earnings news. See (NYSE:MMR).  
• Blackrock Ecosolutions Investment Trust is up 19% back to levels last seen in June. See (NYSE:BQR).  
• WebMD surges 30% on shares purchase by HLTH Corp. See (Nasdaq:WBMD).  
• Casino operator Melco Crown reiterated its City of Dreams plan on Friday. Shares are up 24%. See (Nasdaq:MPEL).  

Small Cap Losers:

• General Growth Properties attempts to sell $2 billion in preferred shares to private-equity firms to lower its debt, WSJ says. Shares are down 13%.  See (NYSE:GGP).
• HLTH Corp. plunges after announcement to terminate merger with WebMD. Shares are down 13%. See (Nasdaq:HLTH).  
• AMAG Pharma down 8% after FDA requests additional data for marketing approval for anemia drug in kidney disease patients. See (Nasdaq:AMAG).
• Syneron Medical slips 12% after the company warns for lower revenues in Q3. See (Nasdaq:ELOS).

AMAG Pharmaceuticals Inc. (Nasdaq:AMAG), Zhongpin Inc. (Nasdaq:HOGS) and DryShips Inc. (Nasdaq:DRYS) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Canadian Solar Inc. (Nasdaq:CSIQ), Solarfun Power Holdings Co Ltd (Nasdaq:SOLF), Eagle Bulk Shipping Inc. (Nasdaq:EGLE), Allscripts Misys Healthcare Solutions Inc. (Nasdaq:MDRX), Radware Ltd (Nasdaq:RDWR) and Harmonic Inc (Nasdaq:HLIT).

Here are the most actively traded companies among small caps:

The Russell 2000 (NYSE:IWM) fell hard as investors worried about corporate earnings and reacted to news of record high oil prices. The small-cap index dropped 13.54 points, or 1.90%, to 698.38. The Dow Jones Industrial Average let go 49.18 points, or 0.39%, to 12,527.26.

On a year-to-date basis, the Russell 2000 has declined 8.83%, while the Dow has retreated 5.56% and the S&P 500 is down 7.75%.

Small-cap stocks suffered more than their bigger brothers today as fears that the sagging economy will weaken corporate earnings led to a sell-off. United Parcel Service, Inc. (NYSE:UPS) reported after the close on Tuesday it lowered its first-quarter profit forecast. The Atlanta, Ga.-based company is considered a bellwether because its performance is closely related to the sales of other businesses.

More bearish news came after the start of trading following news reports that investment bank Merrill Lynch & Co., Inc. (NYSE:MER) will likely post a first-quarter loss due to its exposure to subprime loans and commercial real-estate debt.

In economic news, the price of oil briefly touched a record high of $112.21 a barrel on news after the opening that inventories unexpectedly fell . . .

Nektar Therapeutics (Nasdaq:NKTR), The Pantry, Inc. (Nasdaq:PTRY) and AMAG Pharmaceuticals, Inc. (Nasdaq:AMAG) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $750 million.

The PMI Group, Inc. (NYSE:PMI), Gladstone Capital Corp. (Nasdaq:GLAD) and Radian Group Inc. (NYSE:RDN) are also among the top small-cap percentage losers.

Here are Wednesday's biggest percentage losers among small caps:

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

Small-cap stocks are poised for a bullish opening on news that Citigroup Inc. (NYSE:C) is near a deal to sell approximately $12 billion of leveraged loans and bonds to a group of private equity firms, according to news reports. A potential sale will help the bank improve its balance sheet.

Small-cap stocks had another lackluster, range-bound session Tuesday and remain in a holding pattern waiting for a breakout move. In the end, the Russell 2000 closed down 0.76, or 0.11%, at 711.92.

Look for support today at 705.50, 700 and 694, while resistance should be seen at 717, 725 and 731.

The market could face yet another sluggish session today, with very little on the economic calendar. The 10:00 a.m. ET Wholesale Inventory report typically doesn’t move stocks. Fed Chair Bernanke is making an appearance at 9:30 a.m. ET, but is only giving opening remarks at a Jumpstart Coalition meeting, and probably won’t jolt the markets.