Tag - Itwo

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).

China Automotive Systems Inc. (Nasdaq:CAAS), HFF Inc. (Nasdaq:HF) and China TransInfo Technology Corp. (Nasdaq:CTFO) are among the new 52-week highs in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: AEP Industries Inc. (Nasdaq:AEPI), i2 Technologies Inc. (Nasdaq:ITWO), John Bean Technologies Corp. (Nasdaq:JBT), Horsehead Holding Corp. (Nasdaq:ZINC), IEC Electronics Corp. (Nasdaq:IEC) and Crocs Inc. (Nasdaq:CROX).

Microsemi Corp (Nasdaq:MSCC), Dynamex Inc (Nasdaq:DDMX) and Layne Christensen Co (Nasdaq:LAYN) are among the new 52-week lows in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Breeze Eastern Corporation (Nasdaq:BZC), Hawkins Inc (Nasdaq:HWKN), GMX Resources Inc (Nasdaq:GMXR), T 3 Energy Services Inc (Nasdaq:TTES), i2 Technologies Inc (Nasdaq:ITWO) and Berry Petroleum Co (Nasdaq:BRY).

United Rentals Inc (Nasdaq:URI), i2 Technologies Inc. (Nasdaq:ITWO) and Dynamex Inc. (Nasdaq:DDMX) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Diamond Foods Inc. (Nasdaq:DMND), AngioDynamics Inc. (Nasdaq:ANGO), Argon St Inc. (Nasdaq:STST), James River Coal Co. (Nasdaq:JRCC), Movado Group Inc. (Nasdaq:MOV) and Arena Resources Inc. (Nasdaq:ARD).

Delta Petroleum Corp. (Nasdaq:DPTR), DryShips Inc. (Nasdaq:DRYS) and United Natural Foods Inc. (Nasdaq:UNFI) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Finish Line Inc. (Nasdaq:FINL), True Religion Apparel Inc. (Nasdaq:TRLG), Iconix Brand Group Inc. (Nasdaq:ICON), Green Mountain Coffee Roasters Inc. (Nasdaq:GMCR), Hibbett Sports Inc. (Nasdaq:HIBB) and i2 Technologies Inc. (Nasdaq:ITWO).

Syniverse Hldg Inc. (Nasdaq:SVR), AnnTaylor Stores Corp. (Nasdaq:ANN) and Warnaco Group Inc. (Nasdaq:WRC) are among the new 52-week lows in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: SRA International Inc. (Nasdaq:SRX), Merrill Lynch Canada Canadian Pacific  (Nasdaq:HCH), Crosstex Energy Inc. (Nasdaq:XTXI), i2 Technologies Inc. (Nasdaq:ITWO), Obagi Medical Products Inc. (Nasdaq:OMPI) and NACCO Industries Inc. (Nasdaq:NC).

DryShips Inc. (Nasdaq:DRYS), JA Solar Holdings Co Ltd. (Nasdaq:JASO) and Zhongpin Inc. (Nasdaq:HOGS) are among the most actively traded companies in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: CV Therapeutics Inc. (Nasdaq:CVTX), Solarfun Power Holdings Co Ltd. (Nasdaq:SOLF), i2 Technologies Inc. (Nasdaq:ITWO), THQ Inc. (Nasdaq:THQI), Clean Energy Fuels Corp. (Nasdaq:CLNE) and GT Solar International Inc. (Nasdaq:SOLR).

Here are the most actively traded companies among small caps:

i2 Technologies Inc. (Nasdaq:ITWO), Revlon Inc. (Nasdaq:REV) and Federal Agricultural Mortgage Corp. (Nasdaq:AGM) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Brookdale Senior Living Inc. (Nasdaq:BKD), Kingsway Financial Services Inc. (Nasdaq:KFS), Indiana Community Bancorp (Nasdaq:INCB), Papa Johns International Inc. (Nasdaq:PZZA), Clean Energy Fuels Corp. (Nasdaq:CLNE) and Ambac Financial Group (Nasdaq:AKT).

Here are the biggest percentage losers among small caps:

Small-cap stocks pushed lower on the open as sloppy profit numbers and weak economic data returned to center stage now that the U.S. presidential election has been decided following last night’s historic runaway victory by Barack Obama. Today's small-cap gainers were EnerNOC Inc. (Nasdaq:ENOC), Silver Wheaton (NYSE: SLW) and Dollar Thrifty Auto (NYSE:DTG).

Other Market Watch highlights included:

• Crude oil prices pushed lower into the stock market open, staging a moderate pullback after Tuesday’s big rally and before inventory data comes out later this morning.  
• BMO's Andrew Busch: A stimulus package of $150B will likely be enacted, with checks mailed out by March.  
• From a strict company perspective, there is a broad sense that an Obama presidency would be positive for solar and wind companies.  
• Today Treasury said it will resurrect 3-year note, do more auctions of 10-year notes & 30-year bonds to fund the gvnt.’s borrowing needs.  
• There was another big pullback in Libor rates overnight, which should help encourage inter-bank lending and help thaw out the credit market freeze. 

Small Cap Gainers:

• EnerNOC Inc. rallied 25% today, riding a boost in the energy sector. See (Nasdaq:ENOC).  
• Silver Wheaton up 18% after it prioritizes debt reduction, remains bullish on silver. See (NYSE:SLW).
• Dollar Thrifty Auto jumping 18% in pre-market on better-than-expected earnings. See (NYSE:DTG).  
• Clinical research organization Kendle International reports record Q3 08 net income; shares up 12.46% in pre-market. See (Nasdaq:KNDL).  

Small Cap Losers:

• Clean Energy Fuels Corp. gapped lower and was down 17%, giving back most of the sizable previous three-day rally. See (Nasdaq:CLNE).  
• Stone Energy Corp. tumbled 20% tied to earnings news. See (NYSE:SGY).  
• i2 Technologies down 27% after JDA Software Group requested an adjournment of ITWO’s shareholder meeting to negotiate a reduced purchase price for the firm. See (Nasdaq:ITWO).  
• Ambac Financial Group Inc. is tumbling 26% as quarterly losses were much bigger than expected. See (NYSE:ABK).  

Small-cap stocks pushed lower on the open as sloppy profit numbers and weak economic data returned to center stage now that the U.S. presidential election has been decided following last night’s historic runaway victory by Barack Obama. At 10:05 a.m. ET, the Russell 2000 (NYSE:IWM) was down 7.05, or 1.29%, at 538.90.

The ISM Non-Manufacturing Survey came in at 44.4, which was well below the forecast of 48.0 and was at the lowest point in the 10-year history of the survey. Interestingly, stocks actually trimmed losses after the glum report, but remained in negative territory.

Earlier this morning, the ADP Employment Survey was reported at minus 157,000, well below the forecast for a 100,000 loss. Even though the ADP report has not been tracking very well with the Labor Department survey, today’s ADP data cast a pall on the market heading toward Friday’s big monthly employment report. In addition, the MBA Mortgage Applications Index tumbled 20.3% last week to the lowest point since December 2000 in response to a jump in fixed mortgage rates, and purchase activity slipped by 13.9% and is also at the lowest level since December 2000.

There was another big pullback in Libor rates overnight, which should help encourage inter-bank lending and help thaw out the credit market freeze. Supply remains an issue in credit markets and today the Treasury said it will resurrect the 3-year note and conduct more frequent auctions of 10-year notes and 30-year bonds to fund the government’s staggering borrowing needs.

The market was now buzzing over what impact President-elect Obama will have on difficult pressing issues about the economy, jobs erosion, the housing meltdown, the financial crisis and the wars in Iraq and Afghanistan. While it appears a daunting task, Obama will enter the job with a mandate for change from the people and a big majority in the House and Senate to further his plans. From a historical perspective, it’s interesting to note that the stock market has lost about 1% in the first month after electing a new Democrat changeover to the White House, but then the market has rallied 10% over a 12-month period after the election. From a strict company perspective, there is a broad sense that an Obama presidency would be positive for solar and wind companies and potentially negative for defense contractors and big oil companies.

Strategists with BMO Financial Group said in a press release that Obama’s . . .

i2 Technologies Inc. (Nasdaq:ITWO), Evergreen Solar Inc. (Nasdaq:ESLR) and Clean Energy Fuels Corp. (Nasdaq:CLNE) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: DryShips Inc. (Nasdaq:DRYS), Solarfun Power Holdings Co Ltd. (Nasdaq:SOLF), Canadian Solar Inc. (Nasdaq:CSIQ), ILOG ADR (Nasdaq:ILOG), A Power Energy Generation Systems Ltd. (Nasdaq:APWR) and TBS International Ltd. (Nasdaq:TBSI).

Here are the most actively traded companies among small caps:

Iconix Brand Group Inc. (Nasdaq:ICON), Salix Pharmaceuticals Ltd. (Nasdaq:SLXP) and Human Genome Sciences Inc. (Nasdaq:HGSI) are among the  lead small-cap volume in pre-market in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: i2 Technologies Inc. (Nasdaq:ITWO), Cadence Pharmaceuticals Inc. (Nasdaq:CADX), Harmonic Inc. (Nasdaq:HLIT), STEC Inc. (Nasdaq:STEC), Progenics Pharmaceuticals Inc. (Nasdaq:PGNX) and Evergreen Solar Inc. (Nasdaq:ESLR).

Here are the  lead small-cap volume in pre-market among small caps:

Omrix Biopharmaceuticals Inc (Nasdaq:OMRI), Micromet Inc (Nasdaq:MITI) and LoJack Corp (Nasdaq:LOJN) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.           

Also included among the results: Yucheng Technologies Ltd (Nasdaq:YTEC), PMFG Inc (Nasdaq:PMFG), Industrial Services of America Inc (Nasdaq:IDSA), i2 Technologies Inc (Nasdaq:ITWO), InterVoice Inc (Nasdaq:INTV) and Saia Inc (Nasdaq:SAIA).      

Here are the most actively traded companies among small caps:       

AgFeed Industries Inc. (Nasdaq:FEED), Zoran Corp. (Nasdaq:ZRAN) and Bronco Drilling Co Inc. (Nasdaq:BRNC) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.   

Also included among the results: i2 Technologies Inc. (Nasdaq:ITWO), Zhongpin Inc. (Nasdaq:HOGS), Sigma Designs Inc. (Nasdaq:SIGM), Advanced Battery Technologies Inc. (Nasdaq:ABAT), China Finance Online Co Ltd. (Nasdaq:JRJC) and BancTrust Financial Group Inc. (Nasdaq:BTFG).   

Here are the most actively traded companies among small caps:           

i2 Technologies, Inc. (Nasdaq: ITWO) disclosed preliminary fourth-quarter and full-year revenues that are expected to clock in below expectations, while earnings are expected to be within the lower end of the company’s guidance range.

For the fourth quarter, ended Dec. 31, 2007, the company said it expects to earn total revenue of between $63 million and $64 million, below the $68.63 million three analysts polled by Thomson Financial were on average forecasting. The expected revenue range for the fourth quarter also fell below the company’s previous guidance for revenues slightly above third quarter revenue, which was $66.5 million.

For the fiscal 2007 full year, i2 said it anticipates revenues of $260 million to $261 million, below the consensus of three analysts surveyed by Thomson Financial of $264.86 million. The expected revenues are also below the firm’s previously forecasted range of between $263.5 million and $266.5 million.

For the year the company expects earnings in the range of $0.54 to $0.56, which would clock in at the lower range of the company’s previous guidance of earnings between $0.55 and $0.65 per share. Last year the firm had earnings of $1.27 per share.

For the fourth quarter, i2 Technologies said it expects earnings in the range of $0.18 to $0.20, which would represent a decline from the $0.52 earned in the fourth quarter of 2006.

i2 Technologies said it will discuss actual results as well as provide an update on the progress of its strategic review committee and the search for a permanent CEO on Feb. 7. The company formed a strategic review committee in November to evaluate various strategic options.

Shares of i2 Technologies (ITWO) slid 4.15%, or $0.52, to $12.00 ahead of the opening. Shares of i2 Technologies have been trading in the range of $11.50 to $27.46 for the past 52 weeks.

Recent consolidation in the tech sector has got analysts thinking a buyout may be in the future for i2 Technologies, Inc. (Nasdaq: ITWO). This week saw the first ripple of what could be a greater consolidation wave in the tech sector when software conglomerate Oracle Corporation (Nasdaq: ORCL) purchased BEA Systems. 

The speculation comes as the deadline for the provider of supply chain management’s recommendations for strategic review nears. Last November, i2 Technologies formed a strategic review committee to assist JP Morgan — which the company hired earlier in 2007 — to explore strategic options and devise a recommendation by Jan. 31, 2008.

“If companies such as Manugistics, Stellent, and Agile can find a home — so too should i2, with all of its maintenance revenue, IP, and net operating losses (NOLs),” Susquehanna Financial analyst James Friedman wrote in a research note. As a result of the buyout potential, the analyst is maintaining a positive rating.

Friedman’s analysis suggests an economic value of $590 million to $640 million as a buyout price for the firm, which would yield a per share take-out valuation of $19 to $21.

Friedman further suggests i2’s net operating loss carry-forwards could create substantial value for a strategic buyer. By applying Internal Revenue Code limits, the analyst speculates the company’s NOLs could be worth $70 million to $75 million, which could boost a potential bid for the company up to the range of $650 million to $700 million when combined with $115 million in cash.

Shares of i2 Technologies (ITWO) edged up 2.95%, or $0.36, to $12.55 at 12:54 p.m. ET. Shares of i2 Technologies have been trading in the range of $11.50 to $27.46 for the past 52 weeks.

The Russell 2000 (NYSE: IWM) futures have moved up and the small-cap index is likely to open in positive territory.

The bulls are ready to go on speculation that the U.S. Federal Reserve will cut its target interest rate when it meets in December. The speculation is due to a speech by chairman Ben Bernanke after the close on Thursday, during which he said that uncertainty has increased and the Fed must remain alert.

In economic news, the U.S. Commerce Department reported that consumption increased 0.2% in October, below the rate projected by economists. Consumption added 0.3% in September.

The lackluster performance can be blamed on a slowdown in the labor market, higher energy prices and the seemingly never ending slump in the housing sector.

Investors will also be looking at data on October construction spending, which will be released by the U.S. Census Bureau at 10 a.m. ET. Economists are expecting to see a decline.

The Russell 2000 (NYSE: IWM) futures are lower and the small-cap index will open with a drop on news of a disappointing profit at Exxon Mobil.

The bears are dominant in pre-market trading following news that Exxon Mobil Corp. (NYSE: XOM) reported a bigger-than-expected drop in third-quarter profit and missed Wall Street’s expectations.

Irving, Texas-based Exxon Mobil, the world’s largest publicly traded oil company, booked a net income of $1.70 per share, down from $1.77 per share a year earlier and below analysts’ projected earnings of $1.75 per share.

In economic news, the U.S. Commerce Department reported that personal income increased at a seasonally adjusted rate of 0.4% in September, compared with a rise of 0.3% in August. That’s in line with economists’ expectations.

However, personal consumption in September increased 0.3%, below the projected rise of 0.4%. In August, personal consumption added a downwardly revised 0.5%.

Meanwhile, initial jobless claims for the week ended Oct. 27 fell 6,000 to 327,000 on a seasonally-adjusted basis. That’s a larger drop than the one expected by economists. But on the other hand, the four-week average—which is a more stable measure—increased 1,750 last week to 327,000.

Here are the biggest percentage gainers and losers in pre-market trading among companies with a market cap between $100 million and $750 million:

Biggest percentage gainers:

• Dynavax Technologies Corp. (DVAX), up 22% on news of a partnership with pharmaceutical giant Merck & Co. (MRK).
• Spreadtrum Communications Inc. (SPRD), up 15% on news of higher third-quarter earnings.
• i2 Technologies Inc. (ITWO), up 14% on news of a higher third-quarter profit.

Biggest percentage losers:

• Smith Micro Software Inc. (SMSI), down 22% on news of a decline in third-quarter profit.
• Vanda Pharmaceuticals Inc. (VNDA), down 17% on news it plans to offer $100 million of convertible senior notes due 2014.
• China Precision Steel Inc. (CPSL) down 11% on news it has agreed to issue and sell an aggregate of 7,100,000 shares of its common stock.

i2 Technologies, Inc. (Nasdaq: ITWO) today reported that i2 executive vice president, Solutions Operations and chief delivery officer, Dr. Pallab K. Chatterjee has been appointed interim CEO, after previously reporting that the company’s former CEO Michael E. McGrath had resigned as CEO to pursue other opportunities.

Shares of i2 Technologies edged down 4.22%, or $0.68, to $15.45 in pre-market trading.

Shares of i2 Technologies, Inc. (Nasdaq: ITWO) continued to tumble Wednesday after the supply chain services provider announced preliminary second quarter results below analysts’ estimates and re-evaluated its the full-year outlook.

For the three months ended June 30, the Dallas, T.X.-based company said it expects to report total revenues of $64 million to $65 million. Three analysts polled by Thomson Financial were expecting revenue of $67.27 million for the second quarter.

I2 Technologies says approximately $11 million of its revenue was from software solutions, while $31 million was generated from services revenue and $22 million was generated from maintenance revenue.

The company says expects to record total bookings of $75 million for the quarter; including two supply chain leader agreements that were up for renewal during the quarter and $0.5 million of platform technology bookings. Software solutions bookings are expected to be approximately $18 million in the quarter.

i2 Technologies expects to record GAAP diluted earnings per share of approximately $0.02 per share for the quarter. Three analysts polled by Thomson Financial were expecting non-GAAP earnings of $0.25 per share for the second quarter.

i2 Technologies, Inc. (Nasdaq: ITWO), StealthGas Inc. (Nasdaq: GASS) and Local.com Corp. (Nasdaq: LOCM) were among the most actively traded companies in Wednesday pre-market trading among those with market capitalizations under $500 million:

Shares of I2 Technologies Inc. (Nasdaq: ITWO) lost a quarter of their value this morning in extremely heavy trading after the Dallas-based firm issued a series of announcements, including its first-quarter financial report, the upcoming retirement of its CEO and an acquisition.

Shares of i2 were down $6.48, or 25.5%, to $18.98 by 10:45 a.m. ET. Volume was active – at 3 million shares, more than ten times the three-month daily average of around 260,000 shares.

I2, a supply chain management software company, posted non-GAAP diluted earnings per share of $0.16, excluding stock option expense and contract revenue on revenue of $65.6 million, for the quarter ended March 31. GAAP earnings totaled $0.13. Three analysts polled by Thomson First Call were expecting earnings per share of $0.22 on revenue of $64.9 million.

Net income applicable to common stockholders totaled $3.5 million.

The following are the most actively traded companies in Tuesday's trading among those with market capitalizations under $500 million:

Shares of New York-based 24/7 Real Media, Inc. (Nasdaq: TFSM) are down following a report by the New York Post this morning that software giant Microsoft Corp. may bid to buy the online advertising company for as much as $1 billion.  Shares are down $0.29, or 2.83%, to $9.95.