Tag - Cpe

Callon Pete Co (Nasdaq:CPE), Sequnom Inc (Nasdaq:SQNM), Hot Topic Inc (Nasdaq:HOTT) and Orexigen Therapeutics Inc (Nasdaq:HOTT) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Beazer Homes USA Inc (Nasdaq:BZH), GMX Res Inc (Nasdaq:GMXR), Somancon Pharmaceuticals Inc (Nasdaq:SOMX), China Agritech Inc (Nasdaq: CAGC) and Air Trasport Services Group Inc (Nasdaq:ATSG).

Callon Pete Co (Nasdaq:CPE), Orexigen Therapeutics Inc (Nasdaq:OREX), Citizrns Holding Co (Nasdaq:CIZN) and Medicinova Inc (Nasdaq:MNOV) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Intergroup Corp (Nasdaq:INTG), China Agritech Inc (Nasdaq:CAGC), Pixelworkds Inc (Nasdaq:PXLW), Puda Coal (Nasdaq:PUDA) and L&L Energy Inc (Nasdaq:LLEN).

The Russell 2000 edged slightly higher in a relatively tame post-holiday session, . . .

Small-cap stocks edged slightly higher in a relatively tame post-holiday session, climbing into positive ground just minutes before the close, with support from financial, manufacturing and construction stocks countered by a weak tone in energy and technology shares. Also, retailer stocks were struggling on an important day that signals the kick-off for holiday shopping.

The Russell 2000 (NYSE:IWM) closed up 4.28, or 0.91% at 473.14, putting the finishing touches on a stellar week (which saw the Dow have the best percentage gain in more than 70 years). For 2008, the Russell 2000 is now down 38%. Meanwhile, the Dow is down 33% and the S&P 500 is off 39% for 2008.

Crude oil prices took a hit today, with futures down 5% and the price of crude slipping back below $52 a barrel. Energy shares were a major drag on the overall market performance today, with the Energy Select Sector SPDR Fund off some 1.7%.

Tech stocks started out the day in a dour mood following declines in Europe when major chip-maker STMicroelectronics lowered its outlook. Tech shares persistently trailed major indices today and the tech-laden Nasdaq 100 dipped 0.6%. Europe shares struggled in general today following news that unemployment rates in the Eurozone tumbled to 20-month highs and confidence tumbled to 15-year lows.

Dow component Wal-Mart Stores Inc. (NYSE:WMT) – the only Dow stock up for the year – took a 1.4% hit today, perhaps tied to news that an employee was killed in the rush of Black Friday shoppers when a store in New York opened early this morning. Four shoppers, including a pregnant woman, were also treated for injuries in the stampede incident, adding a new somber meaning to the “Black Friday” moniker. The S&P Retail Index was down 1.7% today, perhaps a caution sign for not just retailers, but the overall consumer spending mentality heading through year-end. However, there remains a sense that much of the “bad news” about the holiday season and the . . .

Small-cap stocks pushed lower, pulled down by erratic profit-taking in thin post-holiday trade following four days of extreme gains. The focus now will shift to reports on retailer sales as the “Black Friday” hordes swarm shops in search of holiday bargains. If the shopping fervor disappoints, there is some concern that Black Friday will turn into “Blue Monday” by the time we get back to normal stock market trading activity next week. A soft tone in commodities and a pullback on chip-maker stocks overseas weighed on small caps and tech stocks this morning. At 10:10 a.m. ET, the Russell 2000 (NYSE:IWM) was down 6.19, or 1.32%, at 462.67.

Ahead of U.S. trading today, stocks around the world were mixed, with Europe lower and Asia predominantly higher. Japan’s Nikkei was up 1.6%, while Hong Kong’s Hang Seng was up 2.4%. Australia’s all-ords jumped 4.3% and markets in Singapore were up 1.2%. Equities in India were up 0.7% as the market there opened for trading for the first time since the terrorist attacks in Mumbai that claimed more than 120 lives and injured hundreds more people.

In Europe, energy and mining stocks were down earlier today. Crude oil prices slipped some 3% in London trading but trimmed losses into the U.S. market open. OPEC ministers are gathering in Cairo, which heightened some concern that they could decide to trim production further in an effort to bolster sagging energy prices, but it seems unlikely they would make any decision right now about production changes. Overnight, economic data out of Europe was somber, with unemployment climbing to a 20-month peak and confidence plunging to a 15-year low. The dreary data coming out of Europe matches awful returns we’ve been seeing on the economic front here in . . .

Atlas Air Worldwide Holdings Inc. (Nasdaq:AAWW), Callon Petroleum Co. (Nasdaq:CPE) and Trina Solar Ltd. (Nasdaq:TSL) are among the new 52-week lows in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: USG Corp. (Nasdaq:USG), Digital River Inc. (Nasdaq:DRIV), Zale Corp. (Nasdaq:ZLC), Danaos Corp. (Nasdaq:DAC), Emeritus Corp. (Nasdaq:ESC) and True Religion Apparel Inc. (Nasdaq:TRLG).

Taleo Corp. (Nasdaq:TLEO), Macerich REIT (Nasdaq:MAC) and Digital River Inc. (Nasdaq:DRIV) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: True Religion Apparel Inc. (Nasdaq:TRLG), Trina Solar Ltd. (Nasdaq:TSL), Citizens Holdings Co. (Nasdaq:CIZN), QCR Holdings Inc. (Nasdaq:QCRH), Callon Petroleum Co. (Nasdaq:CPE) and iPCS Inc. (Nasdaq:IPCS).

Gaylord Entertainment Co. (Nasdaq:GET), Live Nation Inc. (Nasdaq:LYV) and Symmetry Medical Inc. (Nasdaq:SMA) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Layne Christensen Co. (Nasdaq:LAYN), US Airways Group Inc. (Nasdaq:LCC), Diana Shipping Inc. (Nasdaq:DSX), VIST Financial Corp. (Nasdaq:VIST), Callon Petroleum Co. (Nasdaq:CPE) and AK Steel Holding Corp. (Nasdaq:AKS).

Small-cap stocks pushed higher Wednesday, recapturing a little more than one-third of Tuesday’s massive decline as technology stocks and commodity shares were back in favor with investors and distressed financial issues stabilized. The Russell 2000 (NYSE:IWM) closed up 9.87, or 1.40%, at 717.16 and is now down 6.3% for the year. Meanwhile, the Dow was up 0.34% Wednesday, but still is off 15% for 2008, while the S&P 500 was up 0.61% on the day, but remains down 16% for the year.

One could argue that stocks were oversold after suffering the largest one-day rout of the year Tuesday, and while that likely played a role in the bounce today, there were also favorable stories to help fuel the move. It seemed like a majority of the earnings reports were either a non-event or slightly upbeat, and decent results from Texas Instruments Inc. (NYSE:TXN) appeared to project an immediate positive tone into the tech arena, which had been struggling of late. TXN gained about 1% on the day, and other tech stocks such as Research in Motion Ltd. (Nasdaq:RIMM), the makers of Blackberry, climbed 6%.

Homebuilders, which were absolutely hammered Tuesday, mounted a recovery bounce today, with the ISE Homebuilders Index rising 3%. DR Horton Inc. (NYSE:DHI) was up about 4% and Pulte Homes (NYSE:PHM) was up some 5%.

Energy shares were higher, even though crude oil prices slipped to fresh five-month lows. In fact, several commodity sectors provided a boost to the stock market, with coal, metals, steel, oil exploration, gas utilities and integrated oil and gas stocks among the best performing sectors. Chevron Corp. (NYSE:CVX) rose 3% and was one of the top lifts on large-cap indices and that strength spilled over into small-cap energy names as well. It was interesting to see that even though commodity stocks were a bullish element today for equities, the overall Commodity Research Bureau Index was actually down about 0.7%. Part of that slide in physical markets was likely tied to a strong tone in the U.S. dollar, which crimps demand for commodities priced in dollar terms. The greenback charged to fresh 11-month highs against the . . .

AeroVironment Inc. (Nasdaq:AVAV), Citizens First Bancorp Inc. (Nasdaq:CTZN) and Nobility Homes (Nasdaq:NOBH) are among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Oxford Industries Inc. (Nasdaq:OXM), Cambrex Corp. (Nasdaq:CBM), Kohlberg Capital Corp. (Nasdaq:KCAP), Callon Petroleum Co. (Nasdaq:CPE), Main Street Capital Corp. (Nasdaq:MAIN) and BJs Restaurants Inc. (Nasdaq:BJRI).

Here are the biggest percentage gainers among small caps:

Pyramid Oil Co (Nasdaq:PDO), Callon Petroleum Co (Nasdaq:CPE) and Vantage Energy Services (Nasdaq:VTG) are among the new 52-week highs in Friday's trading among companies with market capitalizations under $750 million.

Prestige Brands Holdings Inc (Nasdaq:PBH), RAM Energy Resources Inc (Nasdaq:RAME) and Avant Immunotherapeutics Inc (Nasdaq:AVAN) are also among the new 52-week highs.

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

GeoResources Inc (Nasdaq:GEOI), Callon Petroleum Co (NYSE:CPE) and Powell Industries Inc (NYSE:POWL) are among the new 52-week highs in Thursday's trading among companies with market capitalizations under $750 million.

Metallica Resources Inc (Nasdaq:MRB), Encore Energy Partners LP (AMEX:ENP) and Innophos Holdings Inc (NYSE:IPHS) are also among the new 52-week highs.

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

Innophos Holdings Inc (Nasdaq:IPHS), Callon Petroleum Co (NYSE:CPE) and James River Coal Co (NYSE:JRCC) are among the new 52-week highs in Tuesday's trading among companies with market capitalizations under $750 million.

Nexxus Lighting Inc (Nasdaq:NEXS), Vision Sciences Inc (Nasdaq:VSCI) and Gran Tierra Energy Inc (Nasdaq:GTE) are also among the new 52-week highs.

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

Shares of Callon Petroleum Company (NYSE: CPE) jumped this morning after the company said late Tuesday that it is looking for a partner to assist in the development of Entrada Field.

After having completed a Production Handling Agreement with Magnolia Field partners and finalizing its development plan, the small cap aims to begin production with a potential partner by the first quarter of 2009.

Callon owns a 100% working interest and operates Entrada Field, which is located in the deepwater region of the Gulf of Mexico.

Callon is in the business of exploration and development of oil and gas properties located primarily in the Gulf Coast region.

Shares of Callon Petroleum (CPE) gained $2.44, or 17.99%, to $16.00 in pre-market trading.