Tag - Arql

Unilife Corp (Nasdaq:UNIS), Arqule Inc (Nasdaq:ARQL), Taser International Inc (Nasdaq:TASR) and Somaxon Pharmaceuticals Inc (Nasdaq:SOMX) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Energy Conversion Devices Inc (Nasdaq:ENER), James River Coal Co (Nasdaq:JRCC), Sequenom (Nasdaq:SQNM), A Power Energy Generated Systems (Nasdaq:APWR) and Bell MicroProducts Inc (Nasdaq:BELM).

Arqule Inc (Nasdaq:ARQL), PMI Group Inc (Nasdaq:PMI), Overstock.Com Inc (Nasdaq:OSTK) and Omeros Corp (Nasdaq:OMER) are among the biggest percentage Gainers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Gainsco Inc (Nasdaq:GAN), Immerson Corp (Nasdaq:IMMR), Gulf Island Fabrication Inc (Nasdaq:GIFI), NN Inc (Nasdaq:NNBR) and Heritage Crystal Clean Inc (Nasdaq:HCCI).

Arqule Inc (Nasdaq:ARQL), PMI Group Inc (Nasdaq:PMI), Arca BioPharma Inc (Nasdaq:ABIO) and Western Refining Co (Nasdaq:WNR) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: A Power Energy Generated Systems (Nasdaq:APWR), Delcath Systems Inc (Nasdaq:DCTH), Energy Conversion Devices Inc (Nasdaq:ENER), SmartHeat Inc (Nasdaq:HEAT) and Overstock.com Inc (Nasdaq:OSTK).

Resources Connection Inc. (Nasdaq:RECN), Lifeway Foods Inc. (Nasdaq:LWAY) and ArQule Inc. (Nasdaq:ARQL) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Meta Financial Group Inc. (Nasdaq:CASH), Investors Title Co. (Nasdaq:ITIC), Stewart Information Services Corp. (Nasdaq:STC), Nathans Famous Inc. (Nasdaq:NATH), First Commonwealth Financial Corp. (Nasdaq:FCF) and Collective Brands Inc. (Nasdaq:PSS).

The Russell 2000 (NYSE: IWM) and the other major U.S. indices are posting solid gains on news of data that point to a stabilization in the U.S. housing market.
 
At 10:49 a.m. ET, the small-cap index was up 5.28 points, or 0.73%, to 729.23. The Dow Jones Industrial Average (INDU) was up 24.22 points, or 0.19%, to 12,851.71.

Pending U.S. home sales fell a more-than-expected 2.6% in November to a reading of 87.6, the National Association of Realtors reported after the start of trading. The October reading was an upwardly revised 89.9.

However, the numbers are seen as a positive sign for the troubled U.S. housing sector.

The Chicago-based trade group reported that the pending sales activity indicates that existing-home sales will hold steady in the coming months before rising late in the year.

“A meaningful recovery in existing-home sales could occur as early as this spring, or it may be further delayed toward late 2008,” said Lawrence Yun, NAR chief economist, in a statement. “There are more people with financial capacity now than in 2005, but many are trying to market-time their purchase.”

Total new-home sales for 2007 are projected to fall to 773,000, and then decline further to 669,000 in 2008 before rising above 700,000 in 2009.

The stagnation in U.S. housing sector is one of the main factors dragging down domestic economic growth and raising fears of a possible recession.

Shifting gears, the bulls gained strength before the start of trading on news that the CEO of Bear Stearns (NYSE: BSC) is stepping down. The New York-based investment bank took a hard hit in 2007 due to the meltdown in the subprime mortgage sector, which is inextricably tied to the problems in the housing sector.

Delta Financial Corp. (Nasdaq: DFC), Orchids Paper Products Co. (AMEX: TIS) and BSD Medical Corp. (AMEX: BSM) are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $500 million.

Here are today's biggest percentage gainers:

Shares of EpiCept Corp. (Nasdaq: EPCT) are lower despite news this morning that the Tarrytown, N.Y.-based pharmaceutical company has announced that its anti-cancer drug Azixa has been shown to be effective in treating multiple types of human tumors in animals. The stock is down $0.03, or 1%, to $2.18.

Metal Storm Ltd. (Nasdaq: MTSX), an Australian developer of ballistic systems and projectile technology, announced today the successful milestone test firings of its remotely operated weapons system Redback.

Shares of Hoku Scientific, Inc. (Nasdaq: HOKU) are surging following news after Wednesday’s close that the Kapolei, Hawaii-based clean energy technology company has signed a 10-year contract with Suntech Power Holdings Co. (NYSE: STP) for up to $678 million to supply polysilicon.  Shares are up $2.44, or 53%, to $7.02.

Woburn, Mass.-based biotechnology company ArQule, Inc. (Nasdaq: ARQL) announced this morning that it will price an underwritten public offering of 7 million shares of its common stock at $7.75 per share.  The stock is up $0.34, or 5%, to $7.91.

Silicon supplier Hoku Scientific, Inc. (Nasdaq: HOKU) received a decade-long contract worth about $678 million to supply polysilicon to Suntech Power Holdings Co. Ltd. (NYSE: STP).

Starbucks Corp. (Nasdaq: SBUX) announced it will no longer sell Jones Soda Co. (NASDAQ: JSDA) in its coffee shops beginning this summer.

Drug developer ArQule, Inc. (Nasdaq: ARQL) priced 7 million shares in its secondary offering at $7.75 a share.

Merriman Curhan Ford said Rackable Systems, Inc. (Nasdaq: RACK) is in “turnaround mode” in an upbeat assessment.

RAM Holdings Ltd. (Nasdaq: RAMR) announced an offering of 4.6 million shares priced at $15.50 apiece.

MSNBC pundit Jim Cramer gave Great Lakes Dredge & Dock Corp. (Nasdaq: GLDD) a bullish mention.

Beverly Hills Bancorp Inc. (Nasdaq: BHBC) reported its corporate board is going to review the company's strategic alternatives, including a possible sale.

The following are the most actively traded companies in Thursday pre-market trading among those with market capitalizations under $500 million:

Labopharm Inc. (Nasdaq: DDSS) shares down sharply following an announcement at the closing bell Thursday that the Toronto, Canada-based pharmaceutical company has received a second approvable letter from the Food and Drug Administration regarding the pain relief drug Tramadol. The letter said that Labopharm has not demonstrated the efficacy of its once-daily formulation of Tramadol, because the statistical methods the company used to analyze data from its clinical trials “did not adequately address missing data relating to subjects who dropped out of the trials.” In a press release, the company said the FDA did not explain why the statistical methods were inadequate. Labopharm said it seeks to clarify the issue with the FDA as soon as possible.

Great Lakes Dredge & Dock Corp. (Nasdaq: GLDD) are up after a bullish mention Thursday evening by MSNBC pundit Jim Cramer. The Illinois, Ill.-based business provides dredging, marine construction and demolition services.

Shares in DexCom, Inc. (Nasdaq: DXCM) are up following the announcement after Thursday’s closing bell that the FDA approved its seven-day continuous glucose monitoring device for people with diabetes. The San Diego-based medical devices maker said it plans to launch the monitoring device – called Seven – by the end of the summer.

Phazar Corp. (Nasdaq: ANTP) shares are soaring following the announcement Thursday evening that the company’s Antenna Products unit received a $0.9 million order from the Spanish telecom company Page Iberica S.A. The Madrid-based company ordered four Multiport Antenna Systems. Phazar said the order will be shipped in October for installation at a Spanish NATO site.

The following are the most actively traded companies in Friday pre-market trading among those with market capitalizations under $500 million:

Foothill Ranch, Calif.-based specialty retailer The Wet Seal, Inc. (Nasdaq: WTSLA) reported this morning that its net income for the first fiscal quarter of 2007 ended May 5 was $7.6 million, or $0.07 per share, compared with a net loss of $14.0 million, or $0.22 per share, in the analogous period of 2006.  That beats analysts’ projected earnings of $0.06 per share.  Nevertheless, the stock has lost $0.17, or 3%, to $5.58.

These are the bigges percentage gainers at 10:36 ET among companies with market capitalizations under $500 million:

Shares of San Antonio-based MDI, Inc. (Nasdaq: MDII) are falling despite news after Thursday’s close that the security technology solutions company has received the first of several purchase orders from a U.S. naval support center located in Europe.  Shares are down $0.33, or 17.56%, to $1.55.

The following are the most actively traded companies in pre-market trading among those with market capitalizations under $500 million at 8:44 ET: