Tag - Cbli

UQM Technologies, Inc. (Nasdaq:UQM), Lumber Liquidators Inc. (Nasdaq:LL) and TNS Inc. (Nasdaq:TNS) are among the new 52-week highs in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Cleveland BioLabs Inc. (Nasdaq:CBLI), Avis Budget Group Inc. (Nasdaq:CAR), Evercore Partners Inc. (Nasdaq:EVR), Emergency Medical Services Corp. (Nasdaq:EMS), Stein Mart, Inc. (Nasdaq:SMRT) and Evolving Systems Inc. (Nasdaq:EVOLD).

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

Producer prices, the selling prices received by domestic producers for their output, rose 1.1% in March, the U.S. Labor Department reported this morning. Economists were expecting a more modest increase of 0.6%.

In other bullish economic news, the New York Federal Reserve announced this morning that its manufacturing survey showed an increase in April, defying expectations of a decline.

The Russell 2000 edged lower Monday, stalling in the morning just below the 20-day moving average, and by the close losing 2.09, or 0.30%, to 686.07. The market is fast approaching important support along the 681 zone. Below there, the next support comes in at 672 and 666. On the upside, resistance is pegged today at 695, then at 704.

The economic calendar is quiet the rest of the day, allowing traders to focus on earnings news and other events.

AirTran Holdings, Inc. (NYSE:AAI), Clayton Holdings, Inc. (Nasdaq:CLAY) and Quixote Corp. (Nasdaq:QUIX) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations under $750 million.

Cleveland BioLabs, Inc. (Nasdaq:CBLI), Hardinge Inc. (Nasdaq:HDNG) and The Standard Register Co. (NYSE:SR) are also among the top small-cap percentage gainers.

Here are Monday's biggest percentage gainers among small caps:

Atlantic City, N.J.-based Trump Entertainment Resorts, Inc. (Nasdaq: TRMP) said negotiations with potential buyers have terminated with no acquirer in sight.

Marketing software maker Unica Corp. (Nasdaq: UNCA) dismissed its auditor Ernst and Young LLP and was subsequently downgraded to “sell” from “neutral” by Ferris Baker Watts. The Waltham, Mass.-based company provided no reason for dismissing its auditor.

These are the biggest percentage losers in Monday's trading among companies with market capitalizations under $500 million:

Developer and marketer of software solutions and services Smith Micro Software, Inc. (Nasdaq: SMSI), announced the availability of its new StuffIt Wireless Windows Mobile Edition today.

Shares of Cleveland BioLabs Inc. (Nasdaq: CBLI) were up on a report that the U.S. Department of Defense may be the first customer for the company’s radiation protection compound called Protectan or CBLB502.

These are the biggest percentage gainers in Friday’s trading among companies with market capitalizations under $500 million:

Shares of Cleveland BioLabs Inc. (Nasdaq: CBLI) were up 7.4% or $0.81 to $11.65 this morning on a report that the U.S. Department of Defense may be the first customer for the company’s radiation protection compound called Protectan or CBLB502.

The development-stage company focused on radiation drug discovery reportedly responded to a Defense Dept. request for Proposal in April, according to Business Week.

“Based on the science [a DOD contract] is very likely,” WBB Securities analyst Steve Brozak told SmallCapInvestor.com. “The science is the most significant we’ve ever seen. The pre-clinical models are the company’s core competencies.”

Barring timing difficulties from the government, if awarded, Brozak stated that the contract could amount to $100-200 million.

Brozak, whose firm WBB Securities has a financial consulting relationship with Cleveland BioLabs, says the company has a great opportunity because there are currently no available products that offer the same level of protection from radiation exposure.