Tag - Perf

Perfumania Holdings Inc. (Nasdaq:PERF), AAR Corp. (Nasdaq:AIR), McCormick & Schmicks Seafood Resturants (Nasdaq:MSSR) and Beazer Homes USA (Nasdaq:BZH) are among the biggest percentage Gainers in day's trading among companies with market capitalizations under $1 billion.

 

Also included among the results: Guaranty Fed BancShares (Nasdaq:GFED), Cyanotech Corp. (Nasdaq:CYAN), Amtech Systems Inc. (Nasdaq:ASYS), American Medical Alert Corp. (Nasdaq:AMAC) and Banksouth Carolina Corp. (Nasdaq:BKSC).

StealthGas Inc. (Nasdaq:GASS), RMR Hospitality & Real Estate Fund (Nasdaq:RHR) and CombiMatrix Corp. (Nasdaq:CBMX) are among the biggest percentage losers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Interoil Corp. (Nasdaq:IOC), Perfumania Holdings Inc. (Nasdaq:PERF), Gladstone Commerical REIT (Nasdaq:GOOD), Hughes Communications Inc. (Nasdaq:HUGH), Penn Virginia GP Holdings L P (Nasdaq:PVG) and Omega Navigation Enterprises Inc. (Nasdaq:ONAV).

Here are the biggest percentage losers among small caps:

NB&T Financial Group Inc. (Nasdaq:NBTF), Elbit Imaging Ltd. (Nasdaq:EMITF) and Silicon Graphics Inc. (Nasdaq:SGIC) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: TechTarget Inc. (Nasdaq:TTGT), Cantel Medical Corp. (Nasdaq:CMN), Alliance Bancorp Inc. (Nasdaq:ALLB), Perfumania Holdings Inc. (Nasdaq:PERF), Superior Uniform Group Inc. (Nasdaq:SGC) and Targanta Therapeutics Corp. (Nasdaq:TARG).

Here are the biggest percentage gainers among small caps:

Small-cap stocks edged lower Friday, pulled down by the logjam in Washington as lawmakers were at loggerheads longer than expected putting together a rescue plan for the embattled financial arena. Still, a rally in the final hour of trading pared losses for small caps, and lifted the Dow into a solid gain. The Russell 2000 (NYSE:IWM) closed down 0.94, or 0.13% at 704.80 and is now down 7.9% for the year. Meanwhile, the Dow was up 1.10% Friday and is now off 15.9% for 2008; the S&P 500 was up 0.34% Friday and had slipped 17.3% so far this year.

The largest bank failure in history became official overnight as Washington Mutual Inc. (NYSE:WM) was seized by regulators and sold for $1.9 billion to JP Morgan Chase & Co. (NYSE:JPM). JPM shares rallied nicely on the news, gaining some 10% on the day. Normally, one would expect the largest bank failure in history to dominate the news landscape, but WaMu’s failure wasn’t all that much of a surprise, and stock in the company was already trading well below $2 coming into the session.

As for Washington’s $700-billion-dollar bailout of Wall Street, the “Paulson Plan” ran into more resistance than expected, especially from the Republican party. Although uncertainty about the final plan kept investors on edge, there seems little doubt that something will still be worked out fairly quickly — probably over the weekend.

The story within stocks for much of the day centered on the tech arena, with tech stocks taking a beating until the final hour of the session. Even the late rally still found the tech-laden Nasdaq 100 slipping 0.92% for the day. Within the tech front, key stocks like Research in Motion Ltd. (Nasdaq:RIMM) were taking a pounding; RIMM shares were off some 27% as the makers of the Blackberry warned that profits would miss the forecast. Also within techs, Apple Inc. (Nasdaq:AAPL) was off about 2.8%. There has been a hope building that passage of a financial rescue plan . . .

Transition Therapeutics Inc. (Nasdaq:TTHI), Perfumania Holdings Inc. (Nasdaq:PERF) and Valley Financial Corp. (Nasdaq:VYFC) are among the new 52-week lows in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Excel Maritime Carriers Ltd. (Nasdaq:EXM), Navios Maritime Holdings Inc. (Nasdaq:NM), TBS International Ltd. (Nasdaq:TBSI), Orthofix International NV (Nasdaq:OFIX), Eagle Bulk Shipping Inc. (Nasdaq:EGLE) and Tree.com Inc. (Nasdaq:TREE).

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

<strong>Perfumania Holdings Inc.</strong> (Nasdaq<a href="/ticker/perf">:PERF</a>),<strong> FirstFed Financial Corp.</strong> (Nasdaq:<a href="/ticker/fed">FED</a>) and <strong>Orthofix International NV</strong> (Nasdaq:<a href="/ticker/ofix">OFIX</a>) are among the biggest percentage losers in Friday's trading among companies with market capitalizations under $1 billion.<br /> <br /> Also included among the results:<strong> Savient Pharmaceuticals Inc.</strong> (Nasdaq:<a href="/ticker/svnt">SVNT</a>), <strong>Echelon Corp</strong>. (Nasdaq:<a href="/ticker/elon">ELON</a>), <strong>Excel Maritime Carriers Ltd. </strong>(Nasdaq:<a href="/ticker/exm">EXM</a>), <strong>Frontier Financial Corp.</strong> (Nasdaq:<a href="/ticker/ftbk">FTBK</a>), <strong>Consolidated Water Co Ltd. </strong>(Nasdaq:<a href="/ticker/cwco">CWCO</a>) and <strong>American Reprographics Co. </strong>(Nasdaq:<a href="/ticker/arp">ARP</a>).<br /> <br /> Here are the biggest percentage losers among small caps:

After opening sharply lower, the Russell 2000 has fallen to a low on the session, as lawmakers continue to haggle about a bailout plan that was once almost a done deal, and after Washington Mutual, one of the nation’s largest thrifts, failed.

At 12:22 p.m. ET the Russell 2000 (NYSE:IWM) had sunken 13.62, or 1.93%, to 692.14.

Negotiations over the $700 billion bailout plan continue on Capitol Hill after what appeared to be a strong compromise unraveled after a meeting at the White House with Congressional leaders and Presidential candidate hopefuls. The compromise was put on hold Thursday night after the House Republicans presented an alternative plan that would allow banks to purchase insurance for toxic mortgages instead of relying on taxpayer money.

This morning; however, House Republicans sent Roy Blunt (R. Mo.), the second top Republican in the House, to resume negotiations on President Bush’s $700 billion bailout plan. Also, in an effort to ease markets, both parties made statements aimed at conveying that both sides are interested in regaining a consensus to pass a plan. President Bush said this morning, “We are going to get a package passed;” while democratic Senators Harry Reid (D., Nev.) and Chris Dodd (D., Conn.) echoed what Bush said. Senator Reid says he perceives a deal can be completed before Monday and that Congress will remain in session until a consensus is reached and a plan is passed.

In a reality check for Washington, federal regulators seized Washington Mutual (NYSE:WM) on Thursday after it became evident to the Federal Deposit Insurance Corp. that there had been such a large run on deposits that the bank no longer had sufficient liquidity to continue operating. WaMu’s collapse marks the biggest bank failure in U.S. history. After taking over the bank, regulators struck a deal with J.P Morgan (NYSE:JPM) to sell the majority of WaMu’s operations to the bank for $1.9 billion. As a result of the deal, JP Morgan supersedes Bank of America as the largest bank in the nation as measured by deposits. The fact that no banks were willing to purchase WaMu until it failed is a sign of the market’s low confidence in the system and is all the more reason for Washington to quickly pass a bailout plan to restore confidence. 

Fears that the bailout plan is stalling, saw continued angst in the credit markets. The spreads between 3-month Libor to 3-month Overnight Index Swap are higher and continue to point to a complete collapse of lending between banks. Short-term money markets continue to be enveloped in disarray. Yields on the one-month and six-month treasures are higher this afternoon, while yields on the two-year and ten-year treasuries are lower, as investors buy up longer-term bonds. Still, on a relative basis bond yields are markedly lower, as investors seek a safe haven for their cash. ...

Shares of Perfumania Holdings, Inc. (Nasdaq: PERF) have plunged some 40% after the designer perfumes retailer lowered its same store sales and October 2008 net income projections. The company lowered its outlook, as sales continue to decelerate and Perfumania perceives a difficult retail environment will persist.

Shares crumbled 40%, or $8.28 to $12.74 in late morning trading. For detailed price information and news stories on Perfumania, click PERF.  

After a green day on Thursday, small caps opened lower on Friday, after it became evident that lawmakers could not come to an agreement on the $700 billion bailout plan and after Washington Mutual (NYSE:WM), one of the nation’s largest thrifts, failed.

At 10:07 a.m. ET the Russell 2000 (NYSE:IWM) was down 10.20, or 1.45%, to 695.54.

Federal regulators seized Washington Mutual on Thursday after it became evident to the Federal Deposit Insurance Corp. that there had been such a large run on deposits that the bank no longer had sufficient liquidity to continue operating. WaMu’s failure marks the biggest bank failure in U.S. history. After taking over the bank, regulators struck a deal with J.P Morgan (NYSE:JPM) to sell the majority of WaMu’s operations to the bank for $1.9 billion. As a result of the deal, JP Morgan supersedes Bank of America as the largest bank in the nation as measured by deposits. The fact that no banks were willing to purchase WaMu until it failed is a sign of the market’s low confidence in the system and is all the more reason for a bailout plan to pass to restore confidence.

Negotiations over the $700 billion bailout plan continue on Capitol Hill after what appeared to be a strong compromise unraveled after a meeting at the White House with Congressional leaders and Presidential candidate hopefuls. The compromise was put on hold after the House Republicans presented an alternative plan that would allow banks to purchase insurance for toxic mortgages instead of relying on taxpayer money. President Bush made a statement this morning to try to reunite Congress behind the plan. The President said, “We are going to get a package passed.”

Fears that the bailout plan is stalling, saw angst continue to overtake the credit markets. The spreads between three-month Libor to three-month Overnight Index Swap are higher and continue to point to a complete collapse of lending between banks. Short-term money markets continue to be enveloped in disarray. Yields on the one-month to six-month treasures are surprisingly higher this morning and remain in positive territory, while yields on the two-year and ten-year treasuries . . .