Tag - Labl

Bowne & Co Inc. (Nasdaq:BNE), Albany Molecular Research Inc. (Nasdaq:AMRI) and Dolan Media Co. (Nasdaq:DM) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Multi Color Corp. (Nasdaq:LABL), LSI Industries Inc. (Nasdaq:LYTS), Mercury Computer Systems Inc. (Nasdaq:MRCY), Liquidity Services Inc. (Nasdaq:LQDT), Dorman Products Inc. (Nasdaq:DORM) and Molina Healthcare Inc. (Nasdaq:MOH).

WSFS Financial Corp. (Nasdaq:WSFS), Multi Color Corp. (Nasdaq:LABL) and Capital City Bank Group Inc. (Nasdaq:CCBG) are among the new 52-week lows in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: McMoRan Exploration Co. (Nasdaq:MMR), Sierra Bancorp (Nasdaq:BSRR), Boston Beer Company Inc. (Nasdaq:SAM), Preformed Line Products Co. (Nasdaq:PLPC), First Financial Holdings Inc. (Nasdaq:FFCH) and First M&F Corp. (Nasdaq:FMFC).

Provident Bankshares Corp (Nasdaq:PBKS), MAP Pharmaceuticals Inc (Nasdaq:MAPP) and Midas Inc (Nasdaq:MDS) are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: RHI Entertainment Inc (Nasdaq:RHIE), Alamo Inc (Nasdaq:ALG), Bottomline Technologies  Inc (Nasdaq:EPAY), Neenah Paper Inc (Nasdaq:NP), Multi Color Corp (Nasdaq:LABL) and Columbia Banking System Inc (Nasdaq:COLB).

The Russell 2000 (NYSE:IWM) is in negative territory following news of a drop in U.S. consumer confidence.

At 12:10 a.m. ET, the small-cap index was down 0.17 points, or 0.02%, to 701.11. The Dow Jones Industrial Average (INDU) had shed 37.28 points, or 0.30%, to 12,511.36.

Small-cap stocks are in the red after briefly breaking into positive territory at about 11 a.m. ET.

The bears were empowered by news after the start of trading that U.S. consumer confidence fell to its lowest level in five years in March. The Conference Board reported that its index of consumer confidence fell to a level of 64.5 from an upwardly revised level of 76.4 in February.

Economists were expecting a smaller decline. The data add to fears that the U.S. economy is in recession.

“Consumers’ outlook for business conditions, the job market and their income prospects is quite pessimistic and suggests further weakening may be on the horizon,” Lynn Franco, the business organization’s research director, said in a statement.

The Russell 2000 (NYSE: IWM) are holding on to their gains as a rally reversed earlier losses. At 12:31 p.m. ET, the small-cap index had added 3.12 points, or 0.46%, to 676.93. The Dow Jones Industrial Average (INDU) was up 73.35 points, or 0.60%, to 12,230.16.

Stocks small and large are in positive territory as investors are apparently riding the momentum from the U.S. Federal Reserve move on Tuesday to make up to $200 billion in expanded loans to financial institutions in an effort to ease the credit squeeze.

Small-cap stocks began rising sharply after hitting a session low at about 10:10 a.m. ET. Shortly before 11 a.m. ET the index pierced the flat line and continued gaining ground.

In economic news, the Mortgage Bankers Association reported before the start of trading that U.S. mortgage applications fell for the week ended March 7. The trade association’s index of mortgage loan application volume fell 1.9% as interest rates climbed to their highest level this year and lowered demand for home loans.

Multi-Color Corp. (Nasdaq: LABL) CEO Frank Gerace is excited about the maker of decorative label’s recently announced acquisition of the Australia-based label maker Collotype International Holdings. Gerace made the comments during a midday conference call.

“It’s been our stated mission from day one to become a premier global supplier,” Gerace said. “With the acquisition of Collotype, I couldn’t ask for a more quality partner in our global strategy.”

Multi-Color paid $170 million in cash and stock for the Australian firm, which supplies labels to the wine and spirits industry. During the fall, Multi-Color invested in an expanded manufacturing facility in Union Township, Ohio.

“To have three presses in the new facility within a course of a week or two producing sellable product is nothing less than spectacular,” the chief executive said. “We have the people and talent in place to take Multi-Color to the next level.”

Gerace said Multi-Color, which supplies labels to the Miller Brewing Co., expects positive fourth-quarter results. He said there has been a significant increase in new orders over the last two weeks.

“I think last week, the number of orders entered in our system was an all-time record high since I’ve been here,” Gerace said. “I expect that we’re going to see a solid fourth quarter.”