Tag - Ioc

ICT Group Inc. (Nasdaq:ICTG), FGX International Holdings Ltd. (Nasdaq:FGXI) and Kronos Worldwide Inc. (Nasdaq:KRO) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: NPS Pharmaceuticals Inc. (Nasdaq:NPSP), K-Fed Bancorp (Nasdaq:KFED), InterOil Corp. (Nasdaq:IOC), Amicus Therapeutics Inc. (Nasdaq:FOLD), First South Bancorp Inc.  (Nasdaq:FSBK) and Community Capital Corp. (Nasdaq:CPBK).

Websense Inc. (Nasdaq:WBSN), Superior Uniform Group Inc. (Nasdaq:SGC) and Double Eagle Petroleum Co. (Nasdaq:DBLE) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Young Innovations Inc. (Nasdaq:YDNT), GMX Resources (Nasdaq:GMXRP), Financial Institutions Inc. (Nasdaq:FISI), First Financial Holdings Inc. (Nasdaq:FFCH), InterOil Corp. (Nasdaq:IOC) and Grand Canyon Education Inc. (Nasdaq:LOPE).

US Airways Group Inc. (Nasdaq:LCC), Central Jersey Bancorp (Nasdaq:CJBK) and Insight Enterprises Inc. (Nasdaq:NSIT) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Rubicon Technology Inc. (Nasdaq:RBCN), Big 5 Sporting Goods Corp. (Nasdaq:BGFV), InterOil Corp. (Nasdaq:IOC), Palm Inc. (Nasdaq:PALM), Switch & Data Facilities Co Inc. (Nasdaq:SDXC) and Super Micro Computer Inc. (Nasdaq:SMCI).

Developers Diversified Realty REIT (Nasdaq:DDR), Union Drilling Inc. (Nasdaq:UDRL) and TF Financial Corp. (Nasdaq:THRD) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: InterOil Corp. (Nasdaq:IOC), BigBand Networks Inc. (Nasdaq:BBND), MedAssets Inc. (Nasdaq:MDAS), Force Protection Inc (Nasdaq:FRPT), Och Ziff Capital Management Group (Nasdaq:OZM) and Macquarie Infrastructure Co. LLC (Nasdaq:MIC).

Small-cap stocks edged slightly lower on the open, pulled down by declines in overseas markets but a bounce in crude oil prices into the stock market opening helped limit selling interest, as did Federal Reserve comments on the TARP.  Some of today’s small-cap gainers were ZymoGenetics (Nasdaq:ZGEN), Lexington Realty Trust (NYSE:LXP) and Symmetry Medical Inc. (NYSE:SMA).

Other Market Watch highlights today included:

• Europe stocks were down about 2%, while Asian equities were off about 3%, with mining, energy, telecom, bank and tech stocks taking a hit.  
• In overseas trading, European and Asian markets appeared to be “catching up” with the slide Monday in U.S. equities.  
• Crude oil prices were down about $1 a barrel overnight, but rallied back into positive territory just ahead of the stock market open today.  
• The international trade report showed that the U.S. deficit narrowed by 28.7% in November, which marked the largest contraction in 12 years.  

Small Cap Gainers:

• Bristol-Myers buys ZymoGenetics’ experimental Hepatitis C drug; shares of ZymoGenetics pop 53% in pre-market. See (Nasdaq:ZGEN).
• Lexington Realty Trust rose 14%, essentially recovering Monday’s big decline. See (NYSE:LXP).  
• Symmetry Medical Inc. climbed 13% as the medical implant firm tried to rally after sinking to the lowest daily close in more than a year on Monday. See (NYSE:SMA).
• InterOil Corp. rose 12% as the firm updated drilling progress on a reservoir in Papua, New Guinea. See (NYSE:IOC).  

Small Cap Losers:

• Cepheid gapped lower and fell 18% gene analysis firm reported earnings that didn’t match up with investor expectations. See (Nasdaq:CPHD).  
• Prestige Brands lowers guidance; stock slumps over 13%. See (NYSE:PBH).   
• AMB Property Corp. slipped 8% as the firm made some dividend announcements. See (NYSE:AMB).  

Small-cap stocks edged slightly lower on the open, pulled down by declines in overseas markets but a bounce in crude oil prices into the stock market opening helped limit selling interest, as did Federal Reserve comments on the TARP. At 9:54 a.m. ET, the Russell 2000 (NYSE:IWM) was up 3.79, or 0.81%, at 472.58.

The market appeared to slip initially, then stage a recovery move during the first speech of the year by Federal Reserve Chairman Ben Bernanke, who was speaking ahead of the open this morning in London. Bernanke said that financial stress has spilled over into the global economy and that the timing of a recovery remains “uncertain.” He also said that the government should mop up some of the toxic assets that supposedly were the initial focus of the TARP, which appeared to stir the recovery pop off pre-market lows.

The international trade report showed that the U.S. deficit narrowed by 28.7% in November, which marked the largest contraction in 12 years. However, the narrowing of the trade gap wasn’t because U.S. manufacturers suddenly sold a bunch more widgets, it was because of weak demand for import goods and sinking energy prices. In all, the November import number collapsed 12%, which was a record decline.

Crude oil prices were down about $1 a barrel overnight, but rallied back into positive territory just ahead of the stock market open today, which might have helped the early action in energy and commodity stocks. Shortly after the open, crude oil prices were up about $0.70 a barrel. Copper futures touched limit losses of 5% in China trading overnight, which is a troubling sign for the economy as copper is seen as a key barometer of industrial and construction demand. China imports and exports were down in the latest report, which also sends shivers about global growth . . .

Small-cap stocks got hammered today as worries about the economy amid rising unemployment and fresh profit warnings in the technology sector sparked a wave of selling. Some of today’s small-cap gainers are InterOil (NYSE:IOC), ICT Group (Nasdaq: ICTG) and Synaptics Inc. (Nasdaq:SYNA).

Other Market Watch highlights today included:

• Decliners are leading advancers five to one on the Russell 2000.  
• President-elect Obama this morning said his stimulus plan will likely be at the high end of expectations, which helped pull stocks off the lows.  
• Intel issued a warning about revenue, which sent chills through the tech sector and kept concerns about the recession on the front burner.  
• Before the opening, the ADP National Employment Survey reported that 693,000 private sector jobs were lost in December, a record high for the survey which started in 2001.

Small Cap Gainers:

• InterOil said it commenced drilling into the Antelope reservoir, following the confirmation of gas and condensate at the top of the reef announced on Dec. 31. Shares are 15.7% higher at $17.45. (See NYSE:IOC)  
• Customer management outsourcing firm ICT Group is up 12.7% at $6.64 after Tuesday's announcement of a "refocusing" of its resources. (See Nasdaq:ICTG)  
• Synaptics Inc. is up 7.3% to $20.38 after news this morning of an upgrade by Lazard Capital. (See Nasdaq:SYNA)  
• Avocada company Calavo Growers, Inc. is up 6.6% to $12.51 after reporting record 4Q and FY2008 results before the opening. (See Nasdaq:CVGW)  

Small Cap Losers:

• Shoe, accessory and apparel maker Steven Madden Ltd. is down 12.5% to $19.95 after a downgrade by CL King. (See Nasdaq:SHOO)  
• The Knot, Inc., a lifestage media company that provides multiplatform media services to the wedding and newlywed markets in the U.S., is down 14% to $7.75. (See Nasdaq:KNOT)  
• Payday lending companies EZCorp and First Cash Financial Services are down by double-digit percentages amid expectations the incoming administaration will tighten regulations on the industry. (See Nasdaq:EZPW, Nasdaq:FCFS)

Small-cap stocks remained sharply lower into mid-session, but were up from the extreme morning lows. Losses were stirred by worries over the economy, a revenue warning from key tech player Intel Corp and news of a big fraud from a major Indian outsourcing firm.  Some of today’s small-cap gainers are InterOil (NYSE:IOC), ICT Group (Nasdaq:ICTG) and AK Steel (NYSE:AKS).

Other Market Watch highlights today included:

• Looking at the chart picture, the Russell 2000 finished Tuesday near a test of logical resistance at 514.50 but appears set to retreat from that zone early today.  
• The ADP National Employment Report showed a startling drop in jobs of 693,000, way above the forecast for a decline of 480,000.  
•The Dow is expected to open about 125 points lower, while the Russell 2000 is seen down about 1.2%, near 508.50.  
• U.S. stocks are expected to open lower, pulled down by declines in Europe and a private employment survey this morning that came in weaker-than-expected.

Small Cap Gainers:

• InterOil said it commenced drilling into the Antelope reservoir, following the confirmation of gas and condensate at the top of the reef announced on Dec. 31. Shares are 15.7% higher at $17.45. (See NYSE:IOC)  
• Customer management outsourcing firm ICT Group is up 12.7% at $6.64 after Tuesday's announcement of a "refocusing" of its resources. (See Nasdaq:ICTG)  
• AK Steel is 7.1% higher at $11.96 after Goldman Sachs upgraded the firm to "Buy" from "Neutral." (See NYSE:AKS)  
• Finish Line Inc. is up 6.5% at $5.73 after reporting a narrower 3Q loss after the close Tuesday. (See Nasdaq:FINL)  

Small Cap Losers:

• Shoe, accessory and apparel maker Steven Madden Ltd. is down 12.5% to $19.95 after a downgrade by CL King. (See Nasdaq:SHOO)  
• The Knot, Inc., a lifestage media company that provides multiplatform media services to the wedding and newlywed markets in the U.S., is down 14% to $7.75. (See Nasdaq:KNOT)  
• Payday lending companies EZCorp and First Cash Financial Services are down by double-digit percentages amid expectations the incoming administaration will tighten regulations on the industry. (See Nasdaq:EZPW, Nasdaq:FCFS)

Maxwell Technologies Inc. (Nasdaq:MXWL), Genco Shipping & Trading Ltd. (Nasdaq:GNK) and DryShips Inc. (Nasdaq:DRYS) are among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: National CineMedia Inc. (Nasdaq:NCMI), Formula Systems Depository Receipt (Nasdaq:FORTY), WHX Corp. (Nasdaq:WXCO), Eagle Bulk Shipping Inc. (Nasdaq:EGLE), InterOil Corp. (Nasdaq:IOC) and Jones Apparel Group Inc. (Nasdaq:JNY).

Seabridge Gold Inc. (Nasdaq:SA), Sunrise Senior Living Inc. (Nasdaq:SRZ) and Winnebago Industries Inc. (Nasdaq:WGO) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Badger Meter Inc. (Nasdaq:BMI), Independence Holding Co. (Nasdaq:IHC), Atlantic Coast Federal Corp. (Nasdaq:ACFC), Temple-Inland Inc. (Nasdaq:TIN), Amcore Financial Inc. (Nasdaq:AMFI) and Interoil Corp. (Nasdaq:IOC).

Here are the biggest percentage losers among small caps:

Fortress Investment Group LLC (Nasdaq:FIG), Century Aluminum Co. (Nasdaq:CENX) and Jones Apparel Group Inc. (Nasdaq:JNY) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Eagle Bulk Shipping Inc. (Nasdaq:EGLE), Genco Shipping & Trading Ltd. (Nasdaq:GNK), Excel Maritime Carriers Ltd. (Nasdaq:EXM), Interoil Corp. (Nasdaq:IOC), Ardea Biosciences Inc. (Nasdaq:RDEA) and Aegean Marine Petroleum Network Inc. (Nasdaq:ANW).

Here are the biggest percentage losers among small caps:

Small-cap stocks remained sharply lower into midday, down 4.05% and unable to sustain a morning rally for the third consecutive day. Market Watch highlights so far today include:

• When President Bush spoke this morning, small caps were off about 1.2% and the Dow was down about 80 points. The President made a surprisingly quick prepared remark, took no questions, and the began falling hard … within an hour after his appearance the Dow was down more than 350 points and small caps were off 4%.
• After multi-year highs a few months ago, cattle/hog prices are down on fears that meat consumption will suffer in a global recession.
• Gold/silver stocks and oil/energy stocks are the weakest sectors in today's trading. Footwear and retail home improvement are up fractionally. Gold is currently off 10%.

Small Cap Gainers:

• Audiovox (Nasdaq:VOXX) swings to Q2 loss. Shares of the electronic products distributor shoot up 16%.
• Union Bankshares (Nasdaq:UBSH) upgraded by Robert W. Baird; shares surge 17%.
• Stifel Nicolaus initiates coverage on Umpqua Holdings (Nasdaq:UMPQ) with a “hold” rating. Shares jump 21%.
• Airline small-cap UAL Corp. (Nasdaq:UAUA) announced Thursday it will lay off 414 mechanics; stock is currently up 8.4%.
• Private equity firm Prospect Capital (Nasdaq:PSEC) to repurchase up . . .

StealthGas Inc. (Nasdaq:GASS), RMR Hospitality & Real Estate Fund (Nasdaq:RHR) and CombiMatrix Corp. (Nasdaq:CBMX) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Interoil Corp. (Nasdaq:IOC), Perfumania Holdings Inc. (Nasdaq:PERF), Gladstone Commerical REIT (Nasdaq:GOOD), Hughes Communications Inc. (Nasdaq:HUGH), Penn Virginia GP Holdings L P (Nasdaq:PVG) and Omega Navigation Enterprises Inc. (Nasdaq:ONAV).

Here are the biggest percentage losers among small caps:

Shares of InterOil Corp. (AMEX:IOC) are lower despite news before the start of trading that the oil and gas company reported a narrower fourth-quarter loss. For the three months ended Dec. 31, 2007, the firm had a net loss of $2.7 million, or $0.09 per share, compared with a loss of $3.4 million, or $0.11 per share, a year earlier.

At 3:18 p.m. ET, the stock had shed $1.55, or 9%, to $16.25.

InterOil Corp. (AMEX: IOC), Ceragon Networks Ltd. (Nasdaq: CRNT) and Globalstar, Inc. (Nasdaq: GSAT) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $750 million.

Here are today's biggest percentage losers:

InterOil Corp. (AMEX: IOC) shares are falling after the Australia-based oil and gas company released disappointing results from its Papua New Guinea exploration project. Pressure data from its Eastern Papua Basin site indicated that small amounts of gas and no liquids were recovered.

In morning trading, IOC shares are down 20.38%, or $5.85, at $22.85. Over the last 52 weeks, shares have ranged from $15.20 to $44.25.

InterOil Corp. (AMEX: IOC) is spiking this morning ahead of the bell after the integrated oil and gas company said it will team up with Merrill Lynch Commodities, Inc.(NYSE: MER) and Pacific LNG Operations Ltd. to develop a liquefied natural gas project in Papua New Guinea.

Shares of InterOil jumped 15.88%, or $3.42, to $24.95 in pre-market trading.