Tag - Stbc

Porter Bancorp Inc (Nasdaq:PBIB), Chiquita Brands International Inc (Nasdaq:CQB) and MS Structured Asset  (Nasdaq:DKQ) are among the new 52-week lows in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: CryoLife Inc (Nasdaq:CRY), International Bancshares Corp (Nasdaq:IBOC), State Bancorp Inc (Nasdaq:STBC), First Financial Holdings Inc (Nasdaq:FFCH), MainSource Financial Group Inc (Nasdaq:MSFG) and Sandy Spring Bancorp Inc (Nasdaq:SASR).

Data Domain Inc. (Nasdaq:DDUP), State Bancorp Inc. (Nasdaq:STBC) and Lindsay Corp. (Nasdaq:LNN) are among the new 52-week lows in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Financial Institutions Inc. (Nasdaq:FISI), MI Developments Inc. (Nasdaq:MIM), Yadkin Valley Financial Corp. (Nasdaq:YAVY), Primeenergy Corp. (Nasdaq:PNRG), Methanex Corp. (Nasdaq:MEOH) and Sierra Bancorp (Nasdaq:BSRR).

Small caps continue to trade sideways ahead of the Federal Reserve’s decision due out at 2:15 p.m. Today’s small-cap gainers are Spectra Pharma (Nasdaq:SPPI), Denny's (Nasdaq:DENN) and  Arena Resources (NYSE:ARD).

Other Market Watch highlights today included:

• Part of the rally in commodities was tied to a pullback in the U.S. dollar, as higher dollar values can hinder demand for goods priced in dollar terms.  
• Also on the commodities front, copper was sharply higher, sugar and coffee were up, grains were called sharply higher, and gold and silver were up overnight.
• Energy shares were a big part of Wednesday’s epic stock market rally and could be a firm element in play again today.  
• Crude oil futures were in rally mode this morning, climbing some $4 a barrel on hopes that all these global rate cuts would bolster demand and put a foundation on sinking prices.  
• Small-cap stocks chopped back and forth near steady levels in a relatively calm open, in anticipation of the upcoming FOMC news.

Small Cap Gainers:

• Spectrum Pharma soars after announcing collaboration with Allergan on drug for non-muscle invasive bladder cancer. See (Nasdaq:SPPI). 
• Denny's has vaulted 32% after being upgraded by a Merriman Curhan Ford to buy from neutral on good cost management in Q3  (Nasdaq:DENN) 
• Arena Resources gains after stating it will cut its cap-EX budget by 23% in 2008. See (NYSE:ARD).
• State Bancorp misses on Q3 earnings, yet shares are marginally higher. See (Nasdaq:STBC).


Small Cap Losers:

• Wright Express substantially lowers Q4 and full year guidance below the Street on fuel-price-related derivatives. See (NYSE:WXS).  
• CTS Corp. posts lower Q3 EPS, but EPS still beat the Street. Revenues declined from last year and missed estimates. See (NYSE:CTS).  
• KeyBanc Capital and Needham downgrade Ultimate Software to hold from buy. See (Nasdaq:ULTI).  
• VistaPrint plunges after cutting 2009 outlook, ThinkPanmure cuts rating to accumulate from buy. See (Nasdaq:VPRT).  

Pozen Inc. (Nasdaq:POZN), Central Bancorp Inc. (Nasdaq:CEBK) and Healthways Inc. (Nasdaq:HWAY) are among the biggest percentage losers in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: NewStar Financial Inc. (Nasdaq:NEWS), Monroe Bancorp (Nasdaq:MROE), Dorman Products Inc. (Nasdaq:DORM), State Bancorp Inc. (Nasdaq:STBC), Greenbrier Companies Inc. (Nasdaq:GBX) and Financial Institutions Inc. (Nasdaq:FISI).

Here are the biggest percentage losers among small caps:

Datalink Corp. (Nasdaq: DTLK) slashed its second-quarter earnings outlook to a loss of between $0.03 and $0.05 per share. Previously, the computer storage company had expected earnings-per-share of between $0.02 and $0.07. Wall Street analysts are expecting earnings-per-share of $0.06.

Electronics and microwave components company Anaren, Inc. (Nasdaq: ANEN) announced that accounting mishaps at its Chinese subsidiary may cause the company to restate its second and third quarter results.

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