Tag - Exlp

World Heart Corp. (Nasdaq:WHRT), Accuray Inc. (Nasdaq:ARAY) and TechTarget Inc. (Nasdaq:TTGT) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: AAR Corp. (Nasdaq:AIR), RSC Holdings Inc. (Nasdaq:RRR), Winn Dixie Stores Inc. (Nasdaq:WINN), Kadant Inc. (Nasdaq:KAI), Exterran Partners L P (Nasdaq:EXLP) and Encore Bancshares Inc. (Nasdaq:EBTX).

Small-cap stocks turned lower into midday trading, as hopes for a recovery in bank stocks appeared to be fleeting, which added to investor unease about the timing of a recovery out of the recession and about the prolonged credit crunch. Some of today’s small-cap gainers were Terra Industries (NYSE:TRA), First Horizon (NYSE:FHN) and JBT Corporation (NYSE:JBT).

Other Market Watch highlights today included:

• Sectors doing well today including power companies, oil refiners, gas utilities, vintners, utility companies, health care equipment providers and food retail stocks.  
• On the slide are diversified banks, diverse financial services firms, regional banks, investment banks and consumer finance companies.  
• Small-cap stocks turned lower into midday trading, as hopes for a recovery in bank stocks appeared to be fleeting.  
• The yield on benchmark 10-year notes was up 8% early on, climbing back to 2.37% after slipping below 2.2% Thursday.

Small Cap Gainers:

• Terra Industries up 19% on takeover bid. See (NYSE:TRA).  
• First Horizon shares jump 18% on narrower 4Q loss. See (NYSE:FHN).  
• JBT Corporation wins $6.9 million gate equipment order for major U.S. airport; shares rise 12%. See (NYSE:JBT).  
• Exterran Partners LP rose 12%, leaving a little double bottom on daily charts with Thursday’s low. See (Nasdaq:EXLP). 

Small Cap Losers:

• Life sciences company Cambrex Corporation down 18% on lower-than-average volume. See (NYSE:CBM).
• Spartech Corporation down over 17% after being downgraded to "underweight" earlier this week. See (NYSE:SEH).  
• Inter Parfums Inc. was off 14% as the cosmetics maker was caught in a broad-based sell-off of beauty and cosmetics providers. See (Nasdaq:IPAR).
• Exide Technologies tumbled 21% as the battery maker gave back a huge chunk of a nice rally that coincided closely with the overall market bottom back on Nov. 20. See (Nasdaq:XIDE).

Exterran Partners L P (Nasdaq:EXLP), Telvent GIT (Nasdaq:TLVT) and Gladstone Investment Corp. (Nasdaq:GAIN) are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Midsouth Bancorp Inc. (Nasdaq:MSL), Cepheid (Nasdaq:CPHD), Logility Inc. (Nasdaq:LGTY), First Citizens Bancorp Cleveland (Nasdaq:FCZA), Peoples Bancorp of North Carolina Inc. (Nasdaq:PEBK) and John Bean Technologies Corp. (Nasdaq:JBT).

Small caps remained lower into midday trading, unable to draft off support from moderate gains in large caps as investors still have risk aversion on their mind. Energy stocks were providing a lift to large caps, but financial shares were struggling, pulling down lots of small banks in the small-cap universe. Today’s small-cap gainers are Silver Standard Resources Inc. (Nasdaq:SSRI), Exterran Partners (Nasdaq:EXLP) and Deltek (Nasdaq:PROJ).

Other Market Watch highlights today included:

• The Financial Select Sector SPDR was down 4.3% at midday.  
• Financial shares remain a big drag on the market, with Citigroup Inc. extending the freefall.  
• Small caps remained lower into midday trading, unable to draft off support from moderate gains in large caps.  
• Researchers at Goldman Sachs today said that the upcoming November employment report will be the worst yet for 2008. 

Small Cap Gainers:

• Gold and silver companies dominated the top percentage gainers on the Nasdaq; Silver Standard Resources Inc. is rising 18%. See (Nasdaq:SSRI).   
• Exterran Partners is up 18% on light volume as energy-related stocks are on the rise today. See (Nasdaq:EXLP).  
• Deltek up 15% today following SC&H Group's announcement earlier this week of a business partnership with the small cap. See (Nasdaq:PROJ).
• China Sky One Medical is up 7% on light volume following news this week that the small cap obtained production rights for nine new drugs. See (Nasdaq:CSKI). 

Small Cap Losers:

• Buckeye shares fall 26% after BGH terminates tender offer. See (NYSE:BGH).  
• Shares of Media General are down another 26% today following news Thursday that Harbinger Capital sold stock in the newspaper publisher. See (NYSE:MEG).
• Collective Brands Inc. is off 25% as the holding company for Payless Shoes and Stride Rite plunged to fresh 52-week lows See (NYSE:PSS).  
• Red Robin Gourmet Burgers Inc. is down 23% as the casual dining restaurant chain also made new move lows. See (Nasdaq:RRGB).  

Small-cap stocks pushed slightly higher on the open, lifted by positive earnings news on the banking front and by fresh M&A developments. At 10:03 a.m. ET, the Russell 2000 (NYSE:IWM) was up 2.59, or 0.37% at 695.68.

The leading indicators report, which came out at 10:00 a.m. ET, was in line with the forecast for a dip of 0.1% and had almost no immediate impact on the market. Overall, this is a very light week for economic data, but it will be a huge week for earnings results.

In what has become an ongoing trend, a major U.S. bank has posted better-than-expected earnings. This time around, the good news was from Bank of America (NYSE:BAC), as the nation’s largest retail bank topped the Street earnings forecast and jumped 7% shortly after the open. The earnings surprise follows on the heels of better-than-expected results last week from Wells Fargo & Co (NYSE:WFC), JP Morgan (NYSE:JPM) and Citigroup (NYSE:C).

Within the financial spectrum, government-sponsored mortgage lenders Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) were solidly higher this morning in the wake of weekend comments from Treasury Secretary Henry Paulson, who said that he expects Congress to quickly pass his bail-out program for GSEs. Paulson also said that 99% of the nation’s banks were healthy, but that the U.S. economy could be in a period of slow growth for “a while.”

Traders will keep a close watch on crude oil price movement this morning as the market for black gold was on the rise into the stock market opening, up about $1.50 dollars a barrel near $130.50. The energy market was walking a tightrope between soft demand concerns vs. holding a weather premium as Tropical Storm Dolly . . .

Tennessee Commerce Bancorp Inc (Nasdaq:TNCC), Orion Energy Systems Inc (Nasdaq:OESX) and Mercantile Bank Corp (Nasdaq:MBWM) are among the new 52-week lows in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Famous Daves of America Inc (Nasdaq:DAVE), C&F  Financial Corp (Nasdaq:CFFI), LNB Bancorp Inc (Nasdaq:LNBB), Exterran Partners L P (Nasdaq:EXLP), Banro Corp (Nasdaq:BAA) and Savannah Bancorp Inc (Nasdaq:SAVB).

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