Tag - Ldl

ADC Telecommunications Inc. (Nasdaq:ADCT), WuXi PharmaTech Cayman Inc. (Nasdaq:WX) and Lydall Inc. (Nasdaq:LDL) are among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Brigham Exploration Co. (Nasdaq:BEXP), Jazz Pharmaceuticals Inc. (Nasdaq:JAZZ), Internet Initiative Japan Depository Receipt (Nasdaq:IIJI), ArvinMeritor Inc (Nasdaq:ARM), China TransInfo Technology Corp. (Nasdaq:CTFO) and E House China Holdings Ltd. (Nasdaq:EJ).

Selling interest today was offset by optimism over steady declines for inter-bank lending rates and ideas the bad news on the economy has already been priced into the stock market. The Russell 2000 (NYSE:IWM) closed up 0.18%, posting a fifth-consecutive higher close, something that hasn’t happened since April. Today’s small-cap gainers are CVR Energy (NYSE:CVI), Arbor Realty Trust (NYSE:ABR) and Safe Bulkers (NYSE:SB).

Other Market Watch highlights today included:

• The ISM Manufacturing Survey came in at 38.9%, which was below the forecast of 42% and marked the lowest manufacturing activity index in 26 years.
• For the year, the Russell is now down 30%, while the Dow is off 30% and the S&P 500 is down 34%.
• Today's trading was easily the calmest session seen since the collapse began back in mid-September.
• Airlines appeared to get a lift from another pullback in crude oil prices, which were down $3.90 a barrel, or about 5.7%.
• The AMEX Airline Index rose 5.6% to the highest point since Sep. 22 and is now up 85% since the Oct. 10 low. 
• Wireless telecoms were the top performers, followed by tire and rubber stocks, multiline insurers, life health insurers, glass and metal container stocks, gold and aluminum.
• Casinos were out of favor so far today after posting solid gains late last week. Oil exploration and oil production stocks were also down, as were department stores, home improvement retail, automotive retail and oil and gas storage . . .

Small-cap stocks weathered dreadful manufacturing data, plunging car sales, slumping energy stocks and ongoing worries about the economy to post a minor gain Monday. Selling interest was offset by optimism over steady declines for inter-bank lending rates and ideas the bad news on the economy has already been priced into the stock market. The Russell 2000 (NYSE:IWM) closed up 0.97, or 0.18% at 538.50, posting the fifth consecutive higher close, something that hasn’t happened since early April. For the year, the Russell is now down 30%, while the Dow is off 30% and the S&P 500 is down 34%.

The market opened higher in line with yet another decline in Libor lending rates overnight, and was also bolstered by a gain in Asian stock markets. Even after the ISM Manufacturing Survey missed the forecast, small-cap stocks were reluctant to press the downside. It was interesting to note that today’s range of about 10 handles marked the smallest daily trading range since Aug. 26 and was easily the calmest session seen since the collapse began back in mid-September.

Perhaps some of the calm was tied to investors staying away from the market during a week of heavy economic event risk, or perhaps they were reluctant to aggressively take on positions ahead of Tuesday’s presidential elections in the U.S. Barack Obama is widely expected to carry the popular vote and usher in a transition to the White House, but market watchers are still keenly watching how the Senate and House races shape up. There is some thought that a huge sweep by the Democrats could spark some unrest for the stock market on the idea that the country tends to prefer a “balance” between parties in power.

As for the ISM Manufacturing report, it came in at 38.9%, well below the 50% line indicative of contraction in the manufacturing sector. The data clearly suggest that the economy has downshifted into recession-style economic activity, and today’s individual automaker vehicle sales numbers certainly didn’t paint a . . .

Small-cap stocks remained moderately higher into the mid-session time frame, with support from lower inter-bank lending rates and analyst upgrades on key technology and retailer firms offset by a somber reading on manufacturing activity. Today’s small-cap gainers are Arbor Realty Trust Inc. (NYSE:ABR), Advanced Medical Optics Inc. (NYSE:EYE) and CVR Energy (NYSE:CVI).

Other Market Watch highlights today included:

• The market was trading in very tame fashion today, holding a relatively slim trading range while being devoid of the massive volatility.  
• The U.S. dollar was firm against the euro, which also hindered upside in commodity products.  
• Crude oil prices were down about 3%, which likely anchored down energy stocks.
• Oil exploration and oil production stocks were down, as were department stores, home improvement retail, automotive retail and oil and gas storage stocks.  
• Casinos were out of favor so far today after posting solid gains late last week.

Small Cap Gainers:

• Arbor Realty Trust Inc. is up about 42% climbing above the 20-day moving average for the first time in a month. See (NYSE:ABR).
• Advanced Medical Optics Inc. is surging 24% following solid earnings news from Friday. See (NYSE:EYE).  
• CVR Energy Inc. is rallying nearly 24%, extending a big rally that started Friday. It's set to release earnings Thursday. See (NYSE:CVI).  
• China Sunergy announces it will report Q3 results on Nov. 25; shares pop 20%. See (Nasdaq:CSUN).

Small Cap Losers:

• Saga Communications careening 15% ahead of its earnings release tomorrow. See (NYSE:SGA).
• LandAmerica Financial Group to lay off 105 employees, shares down 16%. See (NYSE:LFG).
• Lydall, Inc. down 21% on lower Q4 results due to weak automotive market. See (NYSE:LDL).  
• AtriCure Inc. is tumbling 43% on news that the firm is under investigation by the Department of Justice for potential false claims on the company’s surgical devices. See (Nasdaq:ATRC).

Crosstex Energy LP (Nasdaq:XTEX), Ness Technologies Inc. (Nasdaq:NSTC) and Lydall Inc. (Nasdaq:LDL) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: CNB Financial Corp. (Nasdaq:CCNE), Crosstex Energy Inc. (Nasdaq:XTXI), OfficeMax Inc. (Nasdaq:OMX), SuccessFactors Inc. (Nasdaq:SFSF), Oneida Financial Corp. (Nasdaq:ONFC) and Einstein Noah Restaurant Group Inc. (Nasdaq:BAGL).

Here are the biggest percentage losers among small caps:

Small-cap stocks stumbled Monday, pressured by concerns about the economy, spiking inflation data and jitters ahead of Tuesday’s FOMC announcement. Losses were limited by a sharp decline in crude oil prices, but it wasn’t enough to pull the Russell 2000 (NYSE:IWM) into the green. For the day, the Russell slipped 12.02, or 1.68% to 704.14.

It was an interesting day for the markets as a seller’s mentality gripped investors across nearly all major asset classes. Usually, money will flow from one area to another (like stocks into commodities) but today’s action saw commodities get hammered, even while stocks were soft, and also as credit instruments were weak.

“Mass liquidation is never good,” said Dominic Boyle, market strategist with Lind-Waldock, in an interview with SmallCapInvestor.com. “We’re seeing the biggest one-day decline in commodities since March. It’s especially troubling to see the stock market struggling in the face of steep losses in crude oil,” he said...

Transcat Inc (Nasdaq:TRNS), FreightCar America Inc (Nasdaq:RAIL) and Charlotte Russe Holding Inc (Nasdaq:CHIC) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Libbey Inc (Nasdaq:LBY), First California Financial Group Inc (Nasdaq:FCAL), Ames National Corp (Nasdaq:ATLO), NewBridge Bancorp (Nasdaq:NBBC), Lydall Inc (Nasdaq:LDL) and Nam Tai Electronics Inc (Nasdaq:NTE).

Here are the biggest percentage losers among small caps:

Thermal and acoustic barrier maker Lydall Inc. (NYSE:LDL) has shed 19% today after reporting ahead of the opening a decline in its second-quarter profit. For the period ended June 30, net income was $2.9 million, or $0.17 per share, compared with $3.5 million, or $0.21 per share, for the same period a year earlier. Net sales were $88.9 million, up from $87.8 million a year ago.

“Less demand for automobiles by U.S. consumers resulted in lower production of automobiles containing our parts,” said Dale Barnhart, president and CEO, in a statement. “Looking forward to the second half of 2008, we expect to continue to face sales volume reductions in our North American automotive business and be challenged by higher raw material and energy costs throughout many of our businesses.”

At 11:00 a.m. ET, shares of Manchester, Conn.-based Lydall are at $12.70, down $2.97 from Friday’s close. Trading volume is well below average at just 21,000 shares. During the past year, shares have ranged from $8.32 to $16.45.

Accredited Home Lenders Holding Co. (Nasdaq: LEND), National Security Group (Nasdaq: NSEC) and Servotronics, Inc. (AMEX: SVT) are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $500 million.

Here are today's biggest percentage gainers:

Rocky Brands, Inc. (Nasdaq: RCKY), Wayside Technology Group, Inc. (Nasdaq: WSTG) and Protherics PLC (Nasdaq: PTIL) are the biggest percentage losers in Friday's trading among companies with market capitalizations under $500 million.

Here are today's biggest percentage losers:

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

These are the biggest percentage losers at 10:44 ET among companies with market capitalizations under $500 million: