Tag - Senea

Brightpoint Inc. (Nasdaq:CELL), Seneca Foods Corp. (Nasdaq:SENEA) and Targacept Inc. (Nasdaq:TRGT) are among the most actively traded companies in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Canadian Solar Inc. (Nasdaq:CSIQ), AgFeed Industries Inc. (Nasdaq:FEED), CardioNet Inc. (Nasdaq:BEAT), Umpqua Holdings Corp. (Nasdaq:UMPQ), Resources Connection Inc. (Nasdaq:RECN) and Eagle Bulk Shipping Inc. (Nasdaq:EGLE).

MedQuist Inc. (Nasdaq:MEDQ), Seneca Foods Corp. (Nasdaq:SENEA) and Verigy Ltd. (Nasdaq:VRGY) are among the biggest percentage losers in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Starlims Technologies Ltd. (Nasdaq:LIMS), Corporate Executive Board Co (Nasdaq:EXBD), Neenah Paper Inc. (Nasdaq:NP), Rubicon Technology Inc. (Nasdaq:RBCN), Gainsco Inc (Nasdaq:GAN) and Emulex Corp. (Nasdaq:ELX).

Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI), Destination Maternity Corp. (Nasdaq:DEST) and 99 Cents Only Stores (Nasdaq:NDN) are among the new 52-week lows in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Citizens Holdings Co. (Nasdaq:CIZN), Computer Programs And Systems Inc. (Nasdaq:CPSI), Schweitzer Mauduit International Inc (Nasdaq:SWM), Wilber Corp. (Nasdaq:GIW), Compellent Technologies Inc. (Nasdaq:CML) and Seneca Foods Corp. (Nasdaq:SENEA).

VNUS Medical Technologies Inc. (Nasdaq:VNUS), Virtus Investment Partners Inc. (Nasdaq:VRTS) and Gander Mountain Co. (Nasdaq:GMTN) are among the new 52-week highs in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: BioDelivery Sciences International Inc. (Nasdaq:BDSI), Cubic Corp. (Nasdaq:CUB), Seneca Foods Corp. (Nasdaq:SENEA), Orion Marine Group Inc. (Nasdaq:OMGI), Walter Investment Management Corp. (Nasdaq:WAC) and Ocwen Financial Corp. (Nasdaq:OCN).

Anadys Pharmaceuticals Inc (Nasdaq:ANDS), Seneca Foods Corp (Nasdaq:SENEA) and ICU Medical Inc (Nasdaq:ICUI) are among the new 52-week highs in Thursday's trading among companies with market capitalizations under $1 billion.

Small-cap stocks pushed modestly higher on the opening, and were still holding in positive territory after a dreadful manufacturing report slashed away gains in large-cap index products. Today’s small-cap gainers are Ultrapetrol Limited (Nasdaq:ULTR), Seneca Foods Corp. (Nasdaq:SENEA) and Orion Marine Group Inc. (NYSE:OMGI).

Other Market Watch highlights today included:

• Now that ISM is out of the way, focus will return to debate about the U.S. elections. Since 1900, the stock market has averaged a gain of nearly 10% in the 12 months following a Democrat transition into the White House.  
• 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.  
• Small-cap stocks pushed modestly higher on the opening, and were still holding in positive territory after a dreadful manufacturing report slashed away gains in large-cap index products.
• The ISM figure is expected to come in at 42%, well below the 50% line that indicates contraction.  
• Heavy week for economic data risk: things kick off at 10:00 a.m. ET today with the ISM Manufacturing Survey and finish with a flourish Friday morning with the big employment report.  

Small Cap Gainers:

• Ultrapetrol Limited is up almost 50% in pre-market ahead of its Q3 earnings release next week. See (Nasdaq:ULTR).
• Seneca Foods Corp. is up 25%, gapping higher on light volume. See (Nasdaq:SENEA).  
• Orion Marine Group Inc. jumped 24.9%. See (Nasdaq:OMGI).  
• Safe Bulkers Inc. is up 12.8%, climbing above the 20-day moving average for the first time since early September. See (NYSE:SB).  
• SourceForge gaining 8.5% in pre-market, guides in line, sets stock buyback. See (Nasdaq:LNUX).


Small Cap Losers:

• 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).  
• Ness Technologies profit rises 121%; shares down 5% in pre-market. See (Nasdaq:NSTC).  
• Phoenix Companies down 12% as it slips to a loss in Q3. See (NYSE:PNX).  
• GMAC's bonds tumble after plan to exchange debt, shares dive over 10%. See (NYSE:GMA).  

Small-cap stocks pushed modestly higher on the opening, and were still holding in positive territory after a dreadful manufacturing report slashed away gains in large-cap index products. At 10:03 a.m. ET, the Russell 2000 (NYSE:IWM) was up 4.05, or 0.75%, at 541.57.

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.

Now that ISM is out of the way, focus will return to debate about the U.S. elections. The general perception right now is that Barack Obama will win the presidential election, which means market watchers will be looking to see whether or not Democrats win power in the Senate and House. Since 1900, the stock market has averaged a gain of nearly 10% in the 12 months following a Democrat transition into the White House. In addition, vehicle sales were slated to roll in today and could have an impact on automaker shares. The rate for vehicle sales is pegged at 12 million units.

Libor, or inter-bank lending rates, continue to decline and are now at the lowest point since the Lehman Brothers bankruptcy. The steady pullback in Libor rates is seen as a sign that frozen credit lines are thawing and that banks are more trusting on the lending front.

In company news this morning, Wal-Mart Stores Inc. (NYSE:WMT) was upgraded by analysts at JP Morgan and the world’s largest retailer was up 1.1% shortly after the open. Also on the analyst front, Merrill Lynch downgraded rival Goldman Sachs Group Inc. (NYSE:GS) and the investment bank was off 1.3%. Goodyear Tire and Rubber Co. (NYSE:GT) topped the earnings forecast and rallied 14.5%.

Individual small-caps of note were highlighted by Seneca Foods Corp. (Nasdaq:SENEA) was up 25%, gapping higher on light volume. Safe Bulkers Inc. (NYSE:SB) was up 12.8%, climbing above the 20-day moving average for the . . .

Eurobancshares Inc. (Nasdaq:EUBK), The Pantry, Inc. (Nasdaq:PTRY) and Seneca Foods Corp. (Nasdaq:SENEA) are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $750 million.

GS Financial Corp. (Nasdaq:GSLA), Good Times Restaurants Inc. (Nasdaq:GTIM) and Carver Bancorp, Inc. (Nasdaq:CARV) are also among the top small-cap percentage gainers.

Here are Friday's biggest percentage gainers among small caps:

Daily Journal Corp. (Nasdaq:DJCO), X-Rite, Inc. (Nasdaq:XRIT) and Provident Community Bancshares Inc. (Nasdaq:PCBS) were among the new 52-week lows established during Thursday's trading among companies with market capitalizations or values under $750 million.

North Central Bancshares, Inc. (Nasdaq:FFFD), Kona Grill, Inc. (Nasdaq:KONA) and Seneca Foods Corp. (Nasdaq:SENEA) were also among the 52-week small-cap lows.

Here are today's 52-week small-cap lows:

John Reese is founder and CEO of Validea.com and Validea Capital Management. His Validea newsletter uses a fascinating approach to stock selection. He screen stocks based on the investment criteria of the market’s most legendary investors.

In a recent special report on food stocks – and based on the strategies of Peter Lynch and James O'Shaughnessy -- the advisor has uncovered a trio of small-cap stocks: Village Supermarket Inc. (Nasdaq: VLGEA), MGP Ingredients Inc. (Nasdaq: MGPI) and Seneca Foods Corp. (Nasdaq: SENEA).

Reese explains, “Everybody eats. Sure, it sounds obvious, but it's the kind of thing that's important to remember when investing--particularly if you're still a little leery of where the economy's heading.”

“While people may hold off on buying new homes or cars or clothes when times get tough, the vast majority of us still head to the grocery store every week or so to buy food.

“Grocers, and the companies that supply them and other large-scale food operations, thus make for nice, reliable investments that are less subject to the waxing and waning of the economy than many other firms.”

In line with his overall bullish outlook on the food sector, Reese ran his screens, each of which, he notes, is based on the philosophy of a different Wall Street great. The stocks that pass this test, he suggests, are “good bets even if the economy heads south.”

“While larger grocer chains get more headlines, Village Supermarkets gets better reviews from my guru models,” Reese says.

These are the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $500 million: