Tag - Mtw

Orbital Sciences Corp. (Nasdaq:ORB), Hampton Roads Bankshares Inc. (Nasdaq:HMPR) and Hawaiian Holdings Inc. (Nasdaq:HA) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: DineEquity Inc. (Nasdaq:DIN), Manitowoc Co Inc. (Nasdaq:MTW), CenterState Banks Inc. (Nasdaq:CSFL), Tenneco Inc. (Nasdaq:TEN), Phase Forward Inc. (Nasdaq:PFWD) and Meritage Homes Corp. (Nasdaq:MTH).

Tecumseh Products Co. (Nasdaq:TECUA), Cogdell Spencer Inc. (Nasdaq:CSA) and American Italian Pasta Co. (Nasdaq:AIPC) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Winnebago Industries Inc. (Nasdaq:WGO), Oriental Financial Group Inc. (Nasdaq:OFG), Manitowoc Co Inc. (Nasdaq:MTW), Webster Financial Corp. (Nasdaq:WBS), Gaylord Entertainment Co. (Nasdaq:GET) and Boyd Gaming Corp. (Nasdaq:BYD).

Stocks extended losses from Monday, unable to push higher after weak housing data was released and Fed Chairman Ben Bernanke made somber statements to Congress about the economic situation. Some of today’s small-cap gainers were ABM Industries (NYSE:ABM), Talbots (NYSE:TLB) and Thor Industries (NYSE:THO).

Other Market Watch highlights today included:

• The Russell 2000 (NYSE:IWM) closed down 6.79, or 1.85%, to 361.01. The Dow closed down 0.55% to 6,726.02 and the S&P 500 closed down 0.64% to 696.33.  The S&P 500 closed below 700 for the first time since 1996.
• For the year, the Russell is now down 27.72%, the Dow is down 23.36% and the S&P 500 is down 22.91%.
• Global stock markets fell further Tuesday, after news broke Monday that small-cap insurer AIG reported the biggest quarterly loss in corporate history, and HSBC Holdings slashed its dividend, revealed it needed to raise $18B from shareholders.
• Citigroup said today that in order to help the unemployed, it would start a new program to lower some mortgage payments to an average $500 for three months.
• Small-cap GM says February U.S. sales will be "exceptionally weak."
• Oil prices rose during Tuesday's trading, settling up $1.50 to end the day at $41.65. 
• This morning, Bernanke reiterated to Congress that any semblance of economic recovery hinges on the U.S. government’s ability to stabilize ailing financial markets.
• New data today revealed that the number of homebuyers purchasing existing homes fell 7.7% to a new low of 80.4 in January. Economists were predicting a January reading of 85.1.

Small Cap Gainers:

• ABM Industries announced first-quarter fiscal 2009 financial results; shares climbed 24%. See (NYSE:ABM).
• Talbots closed a $200M credit line, suspended its dividend and froze . . .

Small-cap stocks pushed higher in a relatively tame session, with morning pressure from concerns about sloppy sales at Wal-Mart countered by optimism for massive infrastructure spending projects in the months ahead. Perhaps the story lines simply balanced out each other, or perhaps the market was taking a little “breather” ahead of Friday’s big jobs report. Some of today’s small-cap gainers are Insulet Corporation (Nasdaq:PODD), Diamond Foods Inc. (Nasdaq:DMND) and Immucor Inc. (Nasdaq:BLUD).

Other Market Watch highlights today included:

• Advancers are leading decliners 1,024 to 764 on the Russell 2000.
• Apparel firms were also under stress, and automakers took a step back today after seeing solid upside moves earlier this week.  
• On the downside, hypermarkets and supermarkets were taking a hit (spurred by the WMT news).  
• Other areas showing strength included home entertainment software, coal, health care facilities, oil refiners, metal and mining stocks and construction firms.

Small Cap Gainers:

• Medical device maker Insulet Corporation is up 12.3% to $9.77 after an upgrade by Canaccord Adams. (See Nasdaq:PODD)  
• Snack company Diamond Foods Inc. is up 9.8% to $20.42 after an upgrade by BMO Capital Markets. (See Nasdaq:DMND)  
• Blood-testing equipment maker Immucor Inc. is up 6.8% in pre-market trading to $25.10 after reporting a 7% gain in Q2 profits after the close Wed. (See Nasdaq:BLUD)  
• Shares in Dutch biotechnology firm Crucell were up 6.9% to $21.92 in pre-market trading after news it is in talks with Wyeth.

Small Cap Losers:

• Construction and lifting equipment maker Manitowoc Co. is down 13.2% to $8.25 after narrowing its FY2008 profit estimate toward the low end of previous guidance. (See NYSE:MTW)  
• J. Crew Group Inc. is down 17.5% to $9.65 after announcing before the opening that it now expects to report a loss in Q4, versus previous expectations for a profit. (See NYSE:JCG)  
• Ulta Salon, Cosmetics & Fragrance, Inc. was down 22.4% to $6.81 shortly after the opening. (See Nasdaq:ULTA)  
• Restaurant chain Sonic Corp. last night reported a 47.5% drop in profit for Q1. Shares are down 10.4% to $10.22 in pre-market trading. (See Nasdaq:SONC)

Small-cap stocks hovered near steady levels into mid-session trading, up from the morning lows amid optimism over the fiscal stimulus plans that were put into greater detail today by President-elect Obama. The stimulus cheer helped offset gloom over sloppy retail sales from discount giant Wal-Mart, which put an early pall on the morning activity. Some of today’s small-cap gainers are Insulet Corporation (Nasdaq:PODD), Diamond Foods Inc. (Nasdaq:DMND) and Immucor Inc. (Nasdaq:BLUD).

Other Market Watch highlights today included:

• Advancers are leading decliners 1,024 to 764 on the Russell 2000.
• Apparel firms were also under stress, and automakers took a step back today after seeing solid upside moves earlier this week.  
• On the downside, hypermarkets and supermarkets were taking a hit (spurred by the WMT news).  
• Other areas showing strength included home entertainment software, coal, health care facilities, oil refiners, metal and mining stocks and construction firms.

Small Cap Gainers:

• Medical device maker Insulet Corporation is up 12.3% to $9.77 after an upgrade by Canaccord Adams. (See Nasdaq:PODD)  
• Snack company Diamond Foods Inc. is up 9.8% to $20.42 after an upgrade by BMO Capital Markets. (See Nasdaq:DMND)  
• Blood-testing equipment maker Immucor Inc. is up 6.8% in pre-market trading to $25.10 after reporting a 7% gain in Q2 profits after the close Wed. (See Nasdaq:BLUD)  
• Shares in Dutch biotechnology firm Crucell were up 6.9% to $21.92 in pre-market trading after news it is in talks with Wyeth.

Small Cap Losers:

• Construction and lifting equipment maker Manitowoc Co. is down 13.2% to $8.25 after narrowing its FY2008 profit estimate toward the low end of previous guidance. (See NYSE:MTW)  
• J. Crew Group Inc. is down 17.5% to $9.65 after announcing before the opening that it now expects to report a loss in Q4, versus previous expectations for a profit. (See NYSE:JCG)  
• Ulta Salon, Cosmetics & Fragrance, Inc. was down 22.4% to $6.81 shortly after the opening. (See Nasdaq:ULTA)  
• Restaurant chain Sonic Corp. last night reported a 47.5% drop in profit for Q1. Shares are down 10.4% to $10.22 in pre-market trading. (See Nasdaq:SONC)

Small-cap stocks pushed lower this morning, pulled down by renewed worries about consumer spending after the world’s largest retailer posted disappointing December sales. In addition, tech stocks and commodities were on the defensive this morning following losses in overseas trading.  Some of today’s small-cap gainers are Insulet Corporation (Nasdaq:PODD), Diamond Foods Inc. (Nasdaq:DMND) and Immucor Inc. (Nasdaq:BLUD).

Other Market Watch highlights today included:

• Tech stocks and commodities were on the defensive this morning following losses in overseas trading.  
• Small-cap stocks pushed lower this morning, pulled down by renewed worries about consumer spending after the world’s largest retailer posted disappointing December sales.  
• The Dow was expected to open down 90 points, while the Russell 2000 was seen down 0.7%, near 493.50.  
• Crude oil stabilized after Wednesday’s 12% hit, but other commodities were down, which could weigh on companies involved in mining and other raw goods businesses.

Small Cap Gainers:

• Medical device maker Insulet Corporation is up 12.3% to $9.77 after an upgrade by Canaccord Adams. (See Nasdaq:PODD)  
• Snack company Diamond Foods Inc. is up 9.8% to $20.42 after an upgrade by BMO Capital Markets. (See Nasdaq:DMND)  
• Blood-testing equipment maker Immucor Inc. is up 6.8% in pre-market trading to $25.10 after reporting a 7% gain in Q2 profits after the close Wed. (See Nasdaq:BLUD)  
• Shares in Dutch biotechnology firm Crucell were up 6.9% to $21.92 in pre-market trading after news it is in talks with Wyeth.

Small Cap Losers:

• Construction and lifting equipment maker Manitowoc Co. is down 13.2% to $8.25 after narrowing its FY2008 profit estimate toward the low end of previous guidance. (See NYSE:MTW)  
• J. Crew Group Inc. is down 17.5% to $9.65 after announcing before the opening that it now expects to report a loss in Q4, versus previous expectations for a profit. (See NYSE:JCG)  
• Ulta Salon, Cosmetics & Fragrance, Inc. was down 22.4% to $6.81 shortly after the opening. (See Nasdaq:ULTA)  
• Restaurant chain Sonic Corp. last night reported a 47.5% drop in profit for Q1. Shares are down 10.4% to $10.22 in pre-market trading. (See Nasdaq:SONC)

Learning Tree International Inc. (Nasdaq:LTRE), SL Green Rlty  (Nasdaq:SLG) and Presidential Life Corp. (Nasdaq:PLFE) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Manitowoc Co Inc. (Nasdaq:MTW), Jarden Corp. (Nasdaq:JAH), Tortoise Energy Capital Corp. (Nasdaq:TYY), Blackstone Group LP (Nasdaq:BX), Orexigen Therapeutics Inc. (Nasdaq:OREX) and Trina Solar Ltd. (Nasdaq:TSL).