Tag - Glp

China East Air (Nasdaq:CEA), TechTarget Inc. (Nasdaq:TTGT) and Reddy Ice Holdings Inc. (Nasdaq:FRZ) are among the new 52-week lows in Tuesday's trading among companies with market capitalizations under $1 billion.   

Also included among the results: China Cablecom Holdings (Nasdaq:CABL), Gilat Satellite Networks Ltd. (Nasdaq:GILT), Nashua Corp. (Nasdaq:NSHA), China Southern Airlines (Nasdaq:ZNH), CFS Bancorp Inc. (Nasdaq:CITZ) and Global Partners LP (Nasdaq:GLP).   

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

SemGroup Energy Partners LP (Nasdaq:SGLP), Northern States Financial Corp (Nasdaq:NSFC) and Great Atlantic & Pacific Tea Co Inc (Nasdaq:GAP) are among the new 52-week lows in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Community Valley Bancorp (CA) (Nasdaq:CVLL), Global Partners LP (Nasdaq:GLP), Courier Corp (Nasdaq:CRRC), Great Northern Iron Ore Properties (Nasdaq:GNI), Virtusa Corp (Nasdaq:VRTU) and Lincoln Bancorp (Nasdaq:LNCB).

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

The Russell 2000 (NYSE: IWM) reversed earlier losses and posted a solid gain as investors embraced news of a report that the end of writedowns is near. The small-cap index climbed 12.43 points, or 1.86%, to 679.74. The Dow Jones Industrial Average (INDU) advanced 35.50 points, or 0.29%, to 12,145.74.

On a year-to-date basis, the Russell 2000 has shed 11.26%, while the Dow is down 8.44% and the S&P 500 has decreased 10.41%.

Stocks small and large opened with steep declines but managed to recover midway through the session on news of a report by rating agency Standard & Poor that said the end is in sight for writedowns stemming from the mess in the subprime mortgage sector.

Also helping the bulls establish their dominance was news of a bill proposed by House Financial Services Committee chairman Barney Frank that would allow the U.S. Federal Housing Administration to refinance mortgages that have been written down by lenders.

Small-caps confidently moved into the green at about 12 p.m. ET and never looked back.

The bearish mood in the morning was partially due to news from the U.S. Commerce Department before the opening that retail sales dropped 0.6% in February, defying economists’ forecasts for an increase of 0.2%.