Tag - Oeh

Orient Express Hotels Ltd. (Nasdaq:OEH), Greenbrier Companies Inc. (Nasdaq:GBX) and UAL Corp. (Nasdaq:UAUA) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results:Graham Corp. (Nasdaq:GHM), M I Homes Inc. (Nasdaq:MHO), Heartland Financial USA Inc. (Nasdaq:HTLF), XenoPort Inc. (Nasdaq:XNPT) and Central Pacific Financial Corp. (Nasdaq:CPF).

Gladstone Commercial (Nasdaq:GOODP), American Pacific Corp. (Nasdaq:APFC) and Varian Inc. (Nasdaq:VARI) are among the biggest percentage losers in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: RC2 Corp. (Nasdaq:RCRC), Techwell  Inc. (Nasdaq:TWLL), Luminex Corp. (Nasdaq:LMNX), Stratasys Inc. (Nasdaq:SSYS), Orient Express Hotels Ltd. (Nasdaq:OEH) and John Bean Technologies Corp. (Nasdaq:JBT).

Other Market Watch highlights today included:

• Tire and rubber, coal, homebuilding, metal and mining and even hotel stocks were attracting buyers so far today.   Nov 26, 2008 12:58pm
• Office electronics were up, and so were construction-themed companies.   Nov 26, 2008 12:58pm
• Looking at sector activity, automobile manufacturers were on a roll today, with General Motors Corp. up 31%.   Nov 26, 2008 12:57pm
• The market seemed willing to cast aside a batch of mostly awful economic data from this morning as no surprise.

Small Cap Gainers:

• ATP Oil & Gas Corporation jumped 30% as the offshore oil and gas firm tried to mount a lasting rally after setting long-term lows last week. See (Nasdaq:ATPG).
• Orient Express Hotels Ltd. rallied 27% as the luxury hotelier and travel company appeared to attract bargain hunters in the hotel group. See (NYSE:OEH).  
• American Axle & Manufacturing up 24% after declaring a Q4 dividend earlier this week. See (NYSE:AXL).  
• SeaChange International Inc. is up 23% as the video-on-demand software firm benefited from an earnings-related boost. See (Nasdaq:SEAC).

Small Cap Losers:

• Safe Bulkers drops another 15% today on light volume. See (NYSE:SB).  
• Arbor Realty Trust down 15% on lower-than-average volume, hovering above a 52-week low of $1.77. See (NYSE:ABR). 
• Signet Jewelers reports disappointing Q3 09 results; shares dive 11%. See (NYSE:SIG).  
• J. Crew Group shares fall 7% on weak outlook. See (NYSE:JCG).  

Small-cap stocks took flight into mid-session trading, outperforming large caps as investors appeared more confident in looking for “riskier” fare following three days of rallies – at least on the stock market side of things. At 12:40 p.m. ET, the Russell 2000 (NYSE:IWM) was up 12.38, or 2.79%, at 455.56.

Demand for U.S. assets appeared quite brisk today, with stocks higher, Treasury bonds and notes higher and the dollar climbing against 1.6% against the euro, and reversing earlier losses against the yen to gain 0.2% on that currency. Even with a firm greenback, commodities were doing just fine, with the Commodity Research Bureau Index of 19 physical markets up nearly 1% and crude oil prices climbing 3.5% after holding key chart support near the $50-dollar-a-barrel range. As a result, energy shares were doing well today, with the Energy Select Sector SPDR Fund up more than 1%.

The market seemed willing to cast aside a batch of mostly awful economic data from this morning as no surprise. There is a general perception that when the market turns it will take place long before the actual economy bottoms out, and that psychology continues to attract bargain hunters who aren’t too shell shocked from the historic September collapse. Investors also appeared to get a lift from news that President-elect Obama named former Fed chief Paul Volcker as the chief for his economic advisory board, saying they will implement a growth plan from “day one.”

Looking at sector activity, automobile manufacturers were on a roll today, with General Motors Corp. (NYSE:GM) up 31% and Ford Motor Co. (NYSE:F) up 21%. Office electronics were up, and so were construction-themed companies. Tire and rubber, coal, homebuilding, metal and mining and even hotel stocks were attracting buyers so far today.

Looking at individual small caps ATP Oil & Gas Corporation (Nasdaq:ATPG) jumped 30% as the offshore oil and gas firm was in a familiar small-cap theme: trying to mount a lasting rally after setting long-term lows last week. Orient Express Hotels Ltd. (NYSE:OEH) rallied 27% as the luxury hotelier and travel company appeared to attract bargain hunters in the hotel group. SeaChange International Inc. (Nasdaq:SEAC) was up 23% as the video-on-demand software firm benefited from an . . .

ATP Oil & Gas Corporation (Nasdaq:ATPG), Tesco Corp. (Nasdaq:TESO) and Orient Express Hotels Ltd. (Nasdaq:OEH) are among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Meritage Homes Corp. (Nasdaq:MTH), SeaChange International Inc. (Nasdaq:SEAC), iPCS Inc. (Nasdaq:IPCS), Hill International Inc. (Nasdaq:HIL), Key Technology Inc. (Nasdaq:KTEC) and Solarfun Power Holdings Co Ltd. (Nasdaq:SOLF).

Small-cap stocks extended the morning rout into midday trading, pulled down by renewed worries about the economy following the worst decline in October retail sales on record, which only heightens fears about consumer spending moving into the key holiday season. At 2:16 p.m. ET, the Russell 2000 (NYSE:IWM) was down 4.29%, on target for the third-lowest daily close in more than five years and the lowest weekly close since August 2003 despite the dramatic recovery explosion from Thursday.

Energy and technology stocks were among the dominant drags on the market, with the Energy SPDR off nearly 5% and the tech-laden Nasdaq 100 down about 4.5%. Within the tech arena, anything tied to the cell phone business was getting hammered following Nokia’s warning that sales would fall far below expectations in coming months. Nokia Corporation (NYSE:NOK) was down 12%, Motorola Inc. (NYSE:MOT) was off 8% and QUALCOMM Inc. (Nasdaq:QCOM), the largest mobile phone chip maker, was down 6%.

Back on the commodities theme, crude oil prices were down about $1.60 a barrel, as worries about global demand persist. Despite the pullback on energy prices, commodities overall were hanging in there today, with the Commodity Research Bureau Index basically flat at mid-session. In general, commodities are way oversold and the U.S. dollar tone is mixed today (up versus euro, down versus yen).

As for retailers, today just isn’t pretty. The S&P Retail Index is down 6% and a host of name-brand companies released earnings today that were either disappointing, or even when solid for the third quarter reflected downward guidance for the coming quarter. Nordstrom Inc. (NYSE:JWN) was down 8%, JC Penney Company Inc. (NYSE:JCP) was down 9% and although the pain was intense for apparel oriented retailers, there was plenty of agony to go around; for instance, home improvement retailer . . .

Orient Express Hotels Ltd. (Nasdaq:OEH), Bridge Capital Holdings (Nasdaq:BBNK) and Obagi Medical Products Inc. (Nasdaq:OMPI) are among the new 52-week lows in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: I-Flow Corp. (Nasdaq:IFLO), Perry Ellis International Inc. (Nasdaq:PERY), Stoneridge Inc. (Nasdaq:SRI), DealerTrack Holdings Inc. (Nasdaq:TRAK), OneBeacon Insurance Group Ltd. (Nasdaq:OB) and Pharmaxis Depository Receipt (Nasdaq:PXSL).

Here are the new 52-week lows among small caps:

NN Inc. (Nasdaq:NNBR), TNS Inc. (Nasdaq:TNS) and Sauer Danfoss Inc. (Nasdaq:SHS) are among the new 52-week lows in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: THQ Inc. (Nasdaq:THQI), Ohio Valley Banc Corp. (Nasdaq:OVBC), Kenexa Corp. (Nasdaq:KNXA), Eagle Bancorp Inc. (Nasdaq:EGBN), Orient Express Hotels Ltd. (Nasdaq:OEH) and Bridge Capital Holdings (Nasdaq:BBNK).

Here are the new 52-week lows among small caps:

NN Inc. (Nasdaq:NNBR), Graham Corp. (Nasdaq:GHM) and TNS Inc. (Nasdaq:TNS) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: iPCS Inc. (Nasdaq:IPCS), Sauer Danfoss Inc. (Nasdaq:SHS), Kenexa Corp. (Nasdaq:KNXA), Sun Hydraulics Corp. (Nasdaq:SNHY), Orient Express Hotels Ltd. (Nasdaq:OEH) and Headwaters Inc. (Nasdaq:HW).

Here are the biggest percentage losers among small caps:

After a rocky finish to Wednesday’s trading, small-cap stocks are slightly higher midday Thursday on encouraging congressional testimony from Federal Reserve Chairman Ben Bernanke, though woes in the U.S. mortgage and housing industries continue to pressure stocks.

At 1:14 p.m. ET, the Russell 2000 (NYSE:IWM) was up 7.50, or 1.13%, at 671.25, while the Dow was up 63.43, or 0.57%, at 11,210.87.

Bernanke spoke before the House Financial Services Committee and encouraged the government to update its outdated financial regulation system. Bernanke, along with Treasury Secretary Henry Paulson, urged the government to create a safety net that would minimize a failing bank’s impact on the broader economy.

"In light of the Bear Stearns episode, Congress may wish to consider whether new tools are needed for ensuring an orderly liquidation of a systemically important securities firm that is on the verge of bankruptcy, together with a more formal process for deciding when to use those tools," Bernanke said.

Paulson added that major mortgage lenders Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) will be able to recover from this rough patch, and that he had been informed that both Fannie and Freddie have enough capital. Shares of the mortgage companies sank by midday, though, with Fannie Mae falling 10% and Freddie Mac skidding 20%. The mortgage giants’ woes dragged down many financial stocks amid worries the banking crisis is far from over.

Not helping calm investors was a RealtyTrac Inc. report early in the day that showed U.S. foreclosure filings grew 53% in June from the prior year. Bank repossessions soared the most since the company began collecting data in 2005.