Tag - Ofi

Emergent BioSolutions Inc. (Nasdaq:EBS), Citi Trends Inc. (Nasdaq:CTRN) and 51Job Inc. (Nasdaq:JOBS) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.      

Also included among the results: ExlService Holdings Inc. (Nasdaq:EXLS), Micrus Endovascular Corp. (Nasdaq:MEND), Perficient Inc. (Nasdaq:PRFT), Reddy Ice Holdings Inc. (Nasdaq:FRZ), Overhill Farms Inc. (Nasdaq:OFI) and Key Technology Inc. (Nasdaq:KTEC).       

Here are the biggest percentage losers among small caps:   

American CareSource Holdings Inc (Nasdaq:XSI), Transcat Inc (Nasdaq:TRNS) and Overhill Farms Inc (Nasdaq:OFI) are among the new 52-week highs in Monday's trading among companies with market capitalizations under $1 billion.

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

After a brief opening bounce, small-cap stocks are down slightly from Wednesday, but have been mostly steady in Thursday’s session. At 12:03 p.m. ET, the Russell 2000 (NYSE:IWM) was down 0.02, or 0.17%, at 716.04.

After skyrocketing crude oil sent stocks earthward during Wednesday’s action, sturdy results from Wal-Mart (NYSE:WMT) and Costco (Nasdaq:COST) offered early encouragement to traders. In the midday session, Wal-Mart is up 1.3% while Costco is down 0.1%. Also supporting bullish sentiments was footwear maker Crocs Inc.’s (Nasdaq:CROX) offered a solid outlook for the remainder of the year. CROX is up more than 16% shortly before noon.

Soaring crude oil futures eased somewhat to $122.53 a barrel after touching a record-high of $123.93. The dollar is stronger against the euro at $1.5395 after . . .

Americans love their food, especially, it seems, when they’re not cooking it.
If dining out was once the stuff of special occasions, people today are so busy, or at least so eager to stay busy outside of the kitchen that they eat restaurant food all the time. Even when they are eating in.

It’s now possible to buy warm take-out sandwiches at convenience stores, prepared soups at Safeway and gourmet chicken salad at Whole Foods. Weight watchers have developed a preference for idiot-proof diets based on reduced calorie meals prepared by The Zone or Jenny Craig. And even food banks that once ladled out basic broths are shifting away from the soup kitchen model to pre-packaged meals that low-income families can take home and warm up.

Into this rapidly expanding market for easy food comes Overhill Farms Inc. (AMEX: OFI), a Vernon, Calif., company that makes a variety of frozen foods, prepared or so-called plated entrees, soups and sauces, as well as meals for the airline industry and for the Jenny Craig diet program. Along with Jenny Craig and a couple major airlines, some of its customers include Costco, Sam’s Club and Safeway.

Shares of Answers Corp.’s (Nasdaq: ANSW) stock plunged by $3.14, or 22.2%, to $11 in after-hours trading today after the Israeli company reported first-quarter earnings that missed analysts’ earnings estimates but which exceeded revenue estimates. For the three months ended March 31, Answers reported non-GAAP net income of $103,000, or $0.01 per share, on revenue of $3.4 million, compared with a non-GAAP net loss of $750,000, or $0.10, on revenue of $1.2 million in the 2006 first quarter. Two analysts polled by Thomson First Call had estimated earnings per share of $0.02 on revenue of $2.99 million. The Jerusalem-based firm owns and operates Answers.com, an Internet information portal.

Overhill Farms Inc.’s (AMEX: OFI) stock rebounded by $0.77, or $12.9%, to $5.18 in after-hours trading today after closing down 12.5% following the company’s reporting fiscal second quarter income that came in below analysts’ estimates. For the quarter ended April 1, the Los Angeles, Calif.-based company said it earned $875,000, or $0.06 per share, on record revenue of $46 million, compared with net income of $1.2 million, or $0.08 per share, on revenue of $43.7 million in the prior year. One analyst polled by Thomson First Call had estimated earnings per share of $0.10 on revenue of $53 million. Overhill Farms supplies frozen foods to foodservice, retail and airline customers.