Tag - Soa

Smith & Wesson Holding Corp. (Nasdaq:SWHC), Solutia Inc. (Nasdaq:SOA) and Famous Daves of America Inc. (Nasdaq:DAVE) are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Talbots Inc. (Nasdaq:TLB), SL Industries Inc (Nasdaq:SLI), China Medical Technologies Inc. (Nasdaq:CMED), AFC Enterprises Inc. (Nasdaq:AFCE), Twin Disc Inc. (Nasdaq:TWIN) and Vocus Inc. (Nasdaq:VOCS).

Stocks continued their drop from the opening on a pullback in energy prices and on rumors that small-cap General Motors (NYSE:GM) may file bankruptcy.  Some of today’s small-cap gainers were Gevity HR (Nasdaq:GVHR), Weight Watchers International (NYSE:WTW) and Genesco, Inc. (NYSE:GCO).

Other Market Watch highlights today included:

• Investors are pulling their money out of equities and piling into bonds and gold.  
• The market is extremely anxious ahead of Friday's February Labor Department report that is likely to show the loss of hundreds of thousands of jobs. 
• Stocks across the board were falling today, with those in the banking sector posting some of the steepest losses.
• The bad news out this morning weighed on stocks, and included a survey release that showed nearly 12% of mortgage holders are behind on payments or are in foreclosure.

Small Cap Gainers:

• Gevity HR up 85% On TriNet deal at 97% premium. See (Nasdaq:GVHR). 
• Weight Watchers International is up 16% on heavier-than-average volume. See (NYSE:WTW).
• Genesco, Inc. is up 10% after reporting positive Q4 profit results. See (NYSE:GCO).  
• Cornell Companies is up 5% after reporting a rise in Q4 profit. See (NYSE:CRN). 

Small Cap Losers:

• Solutia subsidiary moves forward with patent infringement suit; shares fall 53%. See (NYSE:SOA).
• Jackson Hewitt Tax Service falls 44% after guiding below estimates. See (NYSE:JTX).  
• GE Railcar tells Greenbrier it wants fewer railcars; GBX shares fall 31%. See (NYSE:GBX).  

Hiland Partners LP (Nasdaq:HLND), Multi-Fineline Electronix Inc. (Nasdaq:MFLX) and Atlas Pipeline Holdings L P (Nasdaq:AHD) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: OSG America L P (Nasdaq:OSP), VisionChina Media Inc. (Nasdaq:VISN), Affymax Inc. (Nasdaq:AFFY), Solutia Inc. (Nasdaq:SOA), Cambrex Corp. (Nasdaq:CBM) and Approach Resources Inc. (Nasdaq:AREX).

Solutia Inc. (NYSE:SOA) said Monday it is considering selling its nylon business and has HSBC Securities looking into strategic alternatives for the sector. The news sent shares down more than 15%. St. Louis-based Solutia is a manufacturer of chemical and engineered materials, and its nylon business made up about 51% of the company’s total revenue last year. The nylon sector has been hit with higher material costs, which have cut into margins. Shares fell to $11.79, down about $2.11 from Friday’s close.