Tag - Conn

Westwood One Inc (Nasdaq:WWON), Fidelity Bancorp Inc (Nasdaq:FSBI), Conns Inc (Nasdaq:CONN) and Allied Motion Technologies Inc (Nasdaq:AMOT) are among the biggest percentage Gainers in Thursday's trading among companies with market capitalizations under $1 billion.

 

Also included among the results: Delcath Systems Inc (Nasdaq:DCTH), Hopfed Bancorp Inc (Nasdaq:HFBC), (Nasdaq:), (Nasdaq:) and (Nasdaq:).

Sigma Designs Inc. (Nasdaq:SIGM), i2 Technologies Inc. (Nasdaq:ITWO) and A Power Energy Generation Systems Ltd. (Nasdaq:APWR) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: CardioNet Inc. (Nasdaq:BEAT), i2 Technologies Inc. (Nasdaq:ITWO), OSI Systems Inc. (Nasdaq:OSIS), Conn's Inc. (Nasdaq:CONN), Tree.com Inc. (Nasdaq:TREE) and Nobility Homes (Nasdaq:NOBH).

Santander Bancorp (Nasdaq:SBP), Caribou Coffee Co Inc (Nasdaq:CBOU) and Rubicon Technology Inc (Nasdaq:RBCN) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Kohlberg Capital Corp (Nasdaq:KCAP), Pulaski Financial Corp (Nasdaq:PULB), Colony Bankcorp Inc (Nasdaq:CBAN), Toreador Resources Corp (Nasdaq:TRGL), Conn's Inc (Nasdaq:CONN) and Comverge Inc (Nasdaq:COMV).

Wind River Systems Inc. (Nasdaq:WIND), Cowen Group Inc (Nasdaq:COWN) and Rogers Corp. (Nasdaq:ROG) are among the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Conn's Inc. (Nasdaq:CONN), Dyncorp International Inc. (Nasdaq:DCP), G-III Apparel Group Ltd. (Nasdaq:GIII), US Global Investors Inc (Nasdaq:GROW), Greene County Bancorp. (Nasdaq:GCBC) and Bio-Reference Laboratories Inc. (Nasdaq:BRLI).

OncoGenex Pharmaceuticals Inc. (Nasdaq:OGXI), Colony Bankcorp Inc. (Nasdaq:CBAN) and Isramco Inc. (Nasdaq:ISRL) are among the biggest percentage losers in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Mentor Graphics Corp. (Nasdaq:MENT), MAP Pharmaceuticals Inc. (Nasdaq:MAPP), Conn's Inc. (Nasdaq:CONN), NL Industries Inc. (Nasdaq:NL), Vicor Corp. (Nasdaq:VICR) and RXi Pharmaceuticals Corp. (Nasdaq:RXII).

Liberty Media Corp. (Nasdaq:LCAPB), Eastern Insurance Holdings Inc. (Nasdaq:EIHI) and First Bancorp Inc. (Nasdaq:FNLC) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: STEC Inc. (Nasdaq:STEC), SmartHeat Inc. (Nasdaq:HEAT), Life Partners Holdings Inc. (Nasdaq:LPHI), Conn's Inc. (Nasdaq:CONN), Quicksilver Gas Services LP (Nasdaq:KGS) and Unica Corp. (Nasdaq:UNCA).

Imperial Sugar Co. (Nasdaq:IPSU), Citi Trends Inc. (Nasdaq:CTRN) and TIBCO Software Inc. (Nasdaq:TIBX) are among the most actively traded companies in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Atheros Communications Inc. (Nasdaq:ATHR), International Bancshares Corp. (Nasdaq:IBOC), Pinnacle Financial Partners Inc. (Nasdaq:PNFP), ValueClick Inc. (Nasdaq:VCLK), Conn's Inc. (Nasdaq:CONN) and Energy Conversion Devices Inc. (Nasdaq:ENER).

thinkorswim Group Inc. (Nasdaq:SWIM), Conn's Inc. (Nasdaq:CONN) and United Community Bancorp (Nasdaq:UCBA) are among the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Spectrum Control Inc. (Nasdaq:SPEC), Emergent Group Inc. (Nasdaq:LZR), EnerNOC Inc.(Nasdaq:ENOC), Crosstex Energy Inc. (Nasdaq:XTXI), Stewardship Financial Corp. (Nasdaq:SSFN) and Palm Harbor Homes Inc. (Nasdaq:PHHM).

Small-cap stocks took a dive on the opening as the optimism that drove a sterling three-day rally abated amid a backlash from sobering economic data and a fresh batch of downbeat corporate forecasts. However, tech stocks were surprisingly firm today, which helped the overall market bounce off the morning lows. Some of today’s small-cap gainers are Qimonda (NYSE:QI), American Railcar Industries Inc. (Nasdaq:ARII) and Holly Corp. (NYSE:HOC).

Other Market Watch highlights today included:

• Weekly inventory data later this morning could spark a move in energy markets.  
• Crude oil prices jumped higher into the stock market open, rising about $1.7 a barrel on hope that the China rate cut would help bolster demand from that key customer.  
• The U.S. dollar was up against the euro this morning, rising about 0.8% and was flat against the yen.  
• Japan’s massive auto manufacturing firm, Toyota, saw its credit rating lowered for the first time in a decade.

Small Cap Gainers:

• Qimonda up 40% after closing Inotera share deal with Micron. See (NYSE:QI).  
• American Railcar Industries Inc. is up 10% as the railcar manufacturer continues to climb off 52-week lows forged last week. See (Nasdaq:ARII).  
• Holly Corp. to replace LandAmerica Financial Group in the S&P SmallCap 600. Shares of Holly are trading 6% higher. See (NYSE:HOC).  
• Forest Oil up 5% after completing $200M asset sales. See (NYSE:FST). 

Small Cap Losers:

• Andersons Inc. was down 27% as the agriculture company revised earnings downward. See (Nasdaq:ANDE).  
• Conn’s Inc. was off 13% as the specialty retailer reported earnings. See (Nasdaq:CONN).
• Thomas & Betts lowers 4Q earnings forecast; shares tumble 11%. See (NYSE:TNB).
• Kayne Anderson is down another 10% today after giving an update on leverage ratios earlier this week. See (NYSE:KYN).  

Small-cap stocks took a dive on the opening as the optimism that drove a sterling three-day rally abated amid a backlash from sobering economic data and a fresh batch of downbeat corporate forecasts. However, tech stocks were surprisingly firm today, which helped the overall market bounce off the morning lows. At 10:02 a.m. ET, the Russell 2000 (NYSE:IWM) was down 3.44, or 0.78%, at 439.74.

Market watchers were hip deep in data overload this morning as various government and private offices release reports early ahead of the Thanksgiving Day holiday in the United States. Amid this smorgasbord of information, the headliner appeared to be durable goods report, which showed a jolting decline of 6.2%, the largest drop in more than two years and well beyond the consensus forecast for a drop of 2.7%. The durables data base can be a little volatile, especially with huge orders for aircraft involved, but in this report orders for almost every category were down, and orders for non-defense capital goods excluding aircraft were off 4%. Shipments of finished goods were also down, which is a troubling sign for U.S. manufacturers and their likely hiring plans.

Another gloomy report on manufacturing came from today’s Chicago Purchasing Manager’s Survey, which was at 33.8, well below the 38 forecast and at the lowest point in 26 years. Meanwhile, new home sales were at an annualized rate of 433,000 units, down from the forecast of 440,000. The Michigan sentiment survey came in at 55.3, which was below the projection of 57.9 and at the lowest point since 1980.

Speaking of hiring (or the lack thereof), the weekly claims report came in at 529,000, which was in line with the forecast of 530,000. Even though the number of people filing for unemployment insurance fell 14,000 from last week, it should be noted . . .

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:

Small-cap shares hovered near steady levels, trimming away opening losses tied to ongoing concerns in the financial sector amid reports that banks and brokerages need to raise capital. Another slip in crude oil prices likely muted selling interest in equities. At 10:05 a.m. ET, the Russell 2000 (NYSE:IWM) was off 0.66, or 0.09%, at 738.35.

Lehman Bros. (NYSE:LEH) remains at the eye of the latest financial storm, and was trading down 3.4% shortly after the open after tumbling 9.4% Tuesday on persistent talk that the brokerage firm would need to raise capital to shore up the balance sheet. The banking concerns were fanned overnight when ratings agency Fitch said that a couple of large French banks needed to raise capital. The European stock market took a hit on those concerns, losing about 2% heading toward the U.S. open.

The market navigated through a series of economic data this morning, with the final report from the ISM Non-Manufacturing Survey coming out at 10:00 a.m. ET. The ISM data came in at 51.7%, which was above the 51% forecast. There was a brief upside pop on the ISM release, but it didn’t appear to hold trader attention for long.

Earlier today, the ADP private employment survey showed a surprise rise in new jobs in May, which tugged stocks off overnight lows at the time, but had little staying power into the morning trade. In addition to ADP payrolls, the market saw a productivity report that came in just above the forecast at 2.6%, and an MBA mortgage application index that was at six-year lows. The trading shelf life on all of these data releases was collectively short. Later this afternoon near 2:00 p.m. ET, Federal Reserve Chairman Ben Bernanke will speak at Harvard, but his speech topic is titled “Economic Challenges: 1975 and Now” and he’s not taking questions, so it’s unlikely his appearance will stir the market. That said, foreign exchange markets were still buzzing about his rare direct comments on the dollar from Tuesday, which sparked a rally in the greenback.

The opening slide in stocks took place in the face of soft crude oil prices, which shows that the market does have more on its mind right now than just the energy market. Crude oil prices slipped $124 dollars a barrel overnight, pressured by news that India and Malaysia raised fuel prices, which could crimp demand out of Asia. The weekly oil inventory data should come out around 10:35 a.m. ET, which could spark a . . .

The Russell 2000 (NYSE:IWM) opened in the green but quickly lost steam despite news of mixed economic reports.

At 10:12 a.m. ET, the small-cap index had let go 5.07 points, or 0.72%, to 697.04. The Dow Jones Industrial Average (INDU) had advanced 1.63 points, or 0.01%, to 12,424.49.

Small-cap stocks opened higher but could not maintain their grip despite news before the start of trading that fourth-quarter gross domestic product increased as expected.

The economy rose at the previously announced annual pace of 0.6% in the last three months of 2007, according to the U.S. Commerce Department. The numbers match economists’ expectations.

Economic growth during the entire 2007 year was 2.2%, the slowest in five years.

Elsewhere, the U.S. Labor Department reported before the opening that jobless claims for the week ended March 22 fell 9,000.

Specialty retailer of home appliances, consumer electronics, computers, lawn and garden products Conn’s, Inc. (Nasdaq:CONN) this morning reported fourth-quarter results that trumped the consensus estimate on Wall Street and issued 2009 earnings guidance above analysts’ estimates. Shares gained 9%, or $1.36, to $16.43 out of the gate.

For detailed price information and recent news stories about Conn’s, click CONN.