http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit en-us Thu, 08 Jan 09 10:32:52 -0500 Thu, 08 Jan 09 13:50:01 -0500 http://blogs.law.harvard.edu/tech/rss http://www.smallcapinvestor.com/asset/img/css/favicon.png http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-08-russell_opens_low_thursday_morning_podd_dmnd_and_blud_l Insulet Corporation (Nasdaq:PODD), Diamond Foods Inc. (Nasdaq:DMND) and Immucor Inc. (Nasdaq:BLUD).

Other Market Watch highlights today included:

• Tech stocks and commodities were on the defensive this morning following losses in overseas trading.  
• Small-cap stocks pushed lower this morning, pulled down by renewed worries about consumer spending after the world’s largest retailer posted disappointing December sales.  
• The Dow was expected to open down 90 points, while the Russell 2000 was seen down 0.7%, near 493.50.  
• Crude oil stabilized after Wednesday’s 12% hit, but other commodities were down, which could weigh on companies involved in mining and other raw goods businesses.

Small Cap Gainers:

• Medical device maker Insulet Corporation is up 12.3% to $9.77 after an upgrade by Canaccord Adams. (See Nasdaq:PODD)  
• Snack company Diamond Foods Inc. is up 9.8% to $20.42 after an upgrade by BMO Capital Markets. (See Nasdaq:DMND)  
• Blood-testing equipment maker Immucor Inc. is up 6.8% in pre-market trading to $25.10 after reporting a 7% gain in Q2 profits after the close Wed. (See Nasdaq:BLUD)  
• Shares in Dutch biotechnology firm Crucell were up 6.9% to $21.92 in pre-market trading after news it is in talks with Wyeth.

Small Cap Losers:

• Construction and lifting equipment maker Manitowoc Co. is down 13.2% to $8.25 after narrowing its FY2008 profit estimate toward the low end of previous guidance. (See NYSE:MTW)  
• J. Crew Group Inc. is down 17.5% to $9.65 after announcing before the opening that it now expects to report a loss in Q4, versus previous expectations for a profit. (See NYSE:JCG)  
• Ulta Salon, Cosmetics & Fragrance, Inc. was down 22.4% to $6.81 shortly after the opening. (See Nasdaq:ULTA)  
• Restaurant chain Sonic Corp. last night reported a 47.5% drop in profit for Q1. Shares are down 10.4% to $10.22 in pre-market trading. (See Nasdaq:SONC)

]]> Thu, 08 Jan 09 10:32:52 -0500 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-08-russell_opens_low_thursday_morning_podd_dmnd_and_blud_l#15604 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-07-russell_closes_on_a_bad_note_ioc_ictg_syna_lead_gainers InterOil (NYSE:IOC), ICT Group (Nasdaq: ICTG) and Synaptics Inc. (Nasdaq:SYNA).

Other Market Watch highlights today included:

• Decliners are leading advancers five to one on the Russell 2000.  
• President-elect Obama this morning said his stimulus plan will likely be at the high end of expectations, which helped pull stocks off the lows.  
• Intel issued a warning about revenue, which sent chills through the tech sector and kept concerns about the recession on the front burner.  
• Before the opening, the ADP National Employment Survey reported that 693,000 private sector jobs were lost in December, a record high for the survey which started in 2001.

Small Cap Gainers:

• InterOil said it commenced drilling into the Antelope reservoir, following the confirmation of gas and condensate at the top of the reef announced on Dec. 31. Shares are 15.7% higher at $17.45. (See NYSE:IOC)  
• Customer management outsourcing firm ICT Group is up 12.7% at $6.64 after Tuesday's announcement of a "refocusing" of its resources. (See Nasdaq:ICTG)  
• Synaptics Inc. is up 7.3% to $20.38 after news this morning of an upgrade by Lazard Capital. (See Nasdaq:SYNA)  
• Avocada company Calavo Growers, Inc. is up 6.6% to $12.51 after reporting record 4Q and FY2008 results before the opening. (See Nasdaq:CVGW)  

Small Cap Losers:

• Shoe, accessory and apparel maker Steven Madden Ltd. is down 12.5% to $19.95 after a downgrade by CL King. (See Nasdaq:SHOO)  
• The Knot, Inc., a lifestage media company that provides multiplatform media services to the wedding and newlywed markets in the U.S., is down 14% to $7.75. (See Nasdaq:KNOT)  
• Payday lending companies EZCorp and First Cash Financial Services are down by double-digit percentages amid expectations the incoming administaration will tighten regulations on the industry. (See Nasdaq:EZPW, Nasdaq:FCFS)]]> Wed, 07 Jan 09 16:47:38 -0500 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-07-russell_closes_on_a_bad_note_ioc_ictg_syna_lead_gainers#15572 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-07-russell_remains_lower_into_midday_trading_ioc_ictg_and_ InterOil (NYSE:IOC), ICT Group (Nasdaq:ICTG) and AK Steel (NYSE:AKS).

Other Market Watch highlights today included:

• Looking at the chart picture, the Russell 2000 finished Tuesday near a test of logical resistance at 514.50 but appears set to retreat from that zone early today.  
• The ADP National Employment Report showed a startling drop in jobs of 693,000, way above the forecast for a decline of 480,000.  
•The Dow is expected to open about 125 points lower, while the Russell 2000 is seen down about 1.2%, near 508.50.  
• U.S. stocks are expected to open lower, pulled down by declines in Europe and a private employment survey this morning that came in weaker-than-expected.

Small Cap Gainers:

• InterOil said it commenced drilling into the Antelope reservoir, following the confirmation of gas and condensate at the top of the reef announced on Dec. 31. Shares are 15.7% higher at $17.45. (See NYSE:IOC)  
• Customer management outsourcing firm ICT Group is up 12.7% at $6.64 after Tuesday's announcement of a "refocusing" of its resources. (See Nasdaq:ICTG)  
• AK Steel is 7.1% higher at $11.96 after Goldman Sachs upgraded the firm to "Buy" from "Neutral." (See NYSE:AKS)  
• Finish Line Inc. is up 6.5% at $5.73 after reporting a narrower 3Q loss after the close Tuesday. (See Nasdaq:FINL)  

Small Cap Losers:

• Shoe, accessory and apparel maker Steven Madden Ltd. is down 12.5% to $19.95 after a downgrade by CL King. (See Nasdaq:SHOO)  
• The Knot, Inc., a lifestage media company that provides multiplatform media services to the wedding and newlywed markets in the U.S., is down 14% to $7.75. (See Nasdaq:KNOT)  
• Payday lending companies EZCorp and First Cash Financial Services are down by double-digit percentages amid expectations the incoming administaration will tighten regulations on the industry. (See Nasdaq:EZPW, Nasdaq:FCFS)

]]> Wed, 07 Jan 09 13:59:03 -0500 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-07-russell_remains_lower_into_midday_trading_ioc_ictg_and_#15564 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-07-smallcap_stocks_pull_back_down_ntct_plcm_and_aks_lead_g NetScout Systems, Inc. (Nasdaq:NTCT), Polycom Inc. (Nasdaq:PLCM) and AK Steel (NYSE:AKS).

Other Market Watch highlights today included:

• Looking at the chart picture, the Russell 2000 finished Tuesday near a test of logical resistance at 514.50 but appears set to retreat from that zone early today.  
• The ADP National Employment Report showed a startling drop in jobs of 693,000, way above the forecast for a decline of 480,000.  
• The Dow is expected to open about 125 points lower, while the Russell 2000 is seen down about 1.2%, near 508.50.  
• U.S. stocks are expected to open lower, pulled down by declines in Europe and a private employment survey this morning that came in weaker-than-expected.

Small Cap Gainers:

• NetScout Systems, Inc. is up 30% to $13.33 after announcing preliminary Q3 results and raising FY2009 guidance Tuesday. (See Nasdaq:NTCT)  
• Video-conferencing products maker Polycom Inc. is up 11% in pre-market trading to $15.40 after issuing upward guidance and announcing job cuts late Tuesday. (See Nasdaq:PLCM)
• AK Steel is 7.1% higher at $11.96 after Goldman Sachs upgraded the firm to "Buy" from "Neutral." (See NYSE:AKS)  
• Finish Line Inc. is up 6.5% at $5.73 after reporting a narrower 3Q loss after the close Tuesday. (See Nasdaq:FINL)  

Small Cap Losers:

• Hill-Rom Holdings, Inc. and Texas Capital BancShares Inc. established new 52-week lows in early trading. (See NYSE:HRC, Nasdaq:TCBI)  
• Blyth Inc., which makes home-fragrance products and other household items, is down 11% to $6.19 after a downgrade by Jefferies & Co. (See NYSE:BTH)  
• Polymer products maker Landec Corporation is down 23% to $5.65 after news this morning of a downgrade from Northland Securities. (See Nasdaq:LNDC)
]]> Wed, 07 Jan 09 10:43:11 -0500 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-07-smallcap_stocks_pull_back_down_ntct_plcm_and_aks_lead_g#15551 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-06-the_russell_2000_closes_up_192_bkr_rprx_and_cski_lead_g Michael Baker Corporation (NYSE:BKR), Repros Therapeutics (Nasdaq:RPRX) and China Sky One Medical (Nasdaq:CSKI).

Other Market Watch highlights today included:

• Advancers are leading decliners on the Russell 2000 by more than three to one.
• Worst performers: food retailers, brewers, chemical companies, finance firms, biotechs and footwear firms.  
• Homebuilder, energy and retailer stocks were solid performers so far today, and surprisingly, airline stocks were doing well despite a rise to five-week highs in crude oil prices.  
• Small-cap stocks remained higher into midday trading.  

Other Market Watch highlights today included:

• Worst performers: food retailers, brewers, chemical companies, finance firms, biotechs and footwear firms.  
• Homebuilder, energy and retailer stocks were solid performers so far today, and surprisingly, airline stocks were doing well despite a rise to five-week highs in crude oil prices.  
• Small-cap stocks remained higher into midday trading.  
• Advancers are leading decliners on the Russell 2000 by 1,402 to 372. 
 

Small Cap Gainers:

• New 52-wk highs: Michael Baker Corporation, Repros Therapeutics, China Sky One Medical, Transmeta Corporation and Amerisafe, Inc. (See NYSE:BKR, Nasdaq:RPRX, Nasdaq:CSKI, Nasdaq:TMTA, Nasdaq:AMSF)  
• Home-nursing company Amedisys Inc. is up 16.4% to $46.93 after issuing FY09 guidance above concensus. (See Nasdaq:AMED)  

Small Cap Losers:

• LSI Industries is down 14% to $6.03 after lowering FY09 earnings and sales guidance below consensus. (See Nasdaq:LYTS)  
• VASCO Data Security International Inc. is 12% lower at $9.10 in pre-market trading after issuing downward guidance for FY2008. (See Nasdaq:VDSI) 
• Vignette Corporation is down 8.8% to $8.24 after issuing preliminary Q4 2008 results late Monday. (See Nasdaq:VIGN) ]]> Tue, 06 Jan 09 16:43:48 -0500 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-06-the_russell_2000_closes_up_192_bkr_rprx_and_cski_lead_g#15524 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-06-smallcaps_continue_high_into_midday_trading_bkr_rprx_an Michael Baker Corporation (NYSE:BKR), Repros Therapeutics (Nasdaq:RPRX) and China Sky One Medical (Nasdaq:CSKI).

Other Market Watch highlights today included:

• Worst performers: food retailers, brewers, chemical companies, finance firms, biotechs and footwear firms.  
• Homebuilder, energy and retailer stocks were solid performers so far today, and surprisingly, airline stocks were doing well despite a rise to five-week highs in crude oil prices.  
• Small-cap stocks remained higher into midday trading.  
• Advancers are leading decliners on the Russell 2000 by 1,402 to 372. 
 

Small Cap Gainers:

• New 52-wk highs: Michael Baker Corporation, Repros Therapeutics, China Sky One Medical, Transmeta Corporation and Amerisafe, Inc. (See NYSE:BKR, Nasdaq:RPRX, Nasdaq:CSKI, Nasdaq:TMTA, Nasdaq:AMSF)  
• Home-nursing company Amedisys Inc. is up 16.4% to $46.93 after issuing FY09 guidance above concensus. (See Nasdaq:AMED)  

Small Cap Losers:

• LSI Industries is down 14% to $6.03 after lowering FY09 earnings and sales guidance below consensus. (See Nasdaq:LYTS)  
• VASCO Data Security International Inc. is 12% lower at $9.10 in pre-market trading after issuing downward guidance for FY2008. (See Nasdaq:VDSI) 
• Vignette Corporation is down 8.8% to $8.24 after issuing preliminary Q4 2008 results late Monday. (See Nasdaq:VIGN)  ]]> Tue, 06 Jan 09 14:13:40 -0500 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-06-smallcaps_continue_high_into_midday_trading_bkr_rprx_an#15514 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-06-russell_pushes_higher_tuesday_morning_bkr_rprx_and_cski Michael Baker Corporation (NYSE:BKR), Repros Therapeutics (Nasdaq:RPRX) and China Sky One Medical (Nasdaq:CSKI).

Other Market Watch highlights today included:

• Advancers are leading decliners on the Russell 2000 by 1,402 to 372.  
• Looking at the chart picture for small-caps, the market remains in an upward consolidation mode.  
• Pending home sales were also sour, sinking 4.0% versus the consensus for a decline of 1.0%.  
• Factory orders tumbled 4.6%, much worse than the projection for a decline of 2.5%.  
• The ISM Non-Manufacturing Survey came in at 40.6, which was better than the forecast of 37.0 and a nice bounce off record lows from the previous reading.  

Small Cap Gainers:

• New 52-wk highs: Michael Baker Corporation, Repros Therapeutics, China Sky One Medical, Transmeta Corporation and Amerisafe, Inc. (See NYSE:BKR, Nasdaq:RPRX, Nasdaq:CSKI, Nasdaq:TMTA, Nasdaq:AMSF)  
• Home-nursing company Amedisys Inc. is up 16.4% to $46.93 after issuing FY09 guidance above concensus. (See Nasdaq:AMED)  

Small Cap Losers:

• LSI Industries is down 14% to $6.03 after lowering FY09 earnings and sales guidance below consensus. (See Nasdaq:LYTS)  
• VASCO Data Security International Inc. is 12% lower at $9.10 in pre-market trading after issuing downward guidance for FY2008. (See Nasdaq:VDSI) 
• Vignette Corporation is down 8.8% to $8.24 after issuing preliminary Q4 2008 results late Monday. (See Nasdaq:VIGN)  

]]> Tue, 06 Jan 09 10:59:28 -0500 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-06-russell_pushes_higher_tuesday_morning_bkr_rprx_and_cski#15506 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-05-russell_closes_on_choppy_note_aer_ahd_and_visn_lead_gai AerCap Holdings N.V. (NYSE:AER), Atlas Pipeline Holdings, L.P. (NYSE:AHD) and VisionChina Media (Nasdaq:VISN).

Other Market Watch highlights today included:

• Homebuilder stocks were a strong performer today, climbing 6% amid news that the New York Federal Reserve started buying mortgage-backed securities today.  
• Energy stocks were a prominent supportive influence today, with the Energy Select Sector SPDR Fund climbing 2.3%.  
• Vehicle sales were absolutely awful, but that was expected, and investors saw silver linings in the various reports.  
• Construction spending was off 0.6%, compared with the forecast for a slide of 1.3%.

Small Cap Gainers:

• Amsterdam based AerCap Holdings N.V. is up 55.6% to 5.01. The integrated global aviation company today said it signed a $1.4 billion facility agreement for A330 financing. (See NYSE:AER)  
• Energy services provider Atlas Pipeline Holdings, L.P. is up 28.7% to $5.38. The Pennsylvania co. engages in the transmission, gathering, and processing of natural gas and natural gas liquids. (See NYSE:AHD)
• VisionChina Media, an out-of-home digital television advertising network, this morning announced the renewal of an exclusive contract with Beijing Subway. Shares are up 22.7% to $7.07. (See Nasdaq:VISN)  
• Natural gas company MarkWest Energy is up 20.5% to $11.46. The CNBC stock blog is reporting that traders have been buying calls in MarkWest for the past week. (See NYSE:MWE)  

Small Cap Losers:

• Needham today downgraded Faro Technologies to "Hold" from "Buy." Shares are down 8.5% to $16.09. Faro makes computerized measurement devices used by manufacturers. (See Nasdaq:FARO)  
• California Pizza Kitchen In.c is down 8.7% to $9.99 after a downgrade by B. Riley & Co. (See Nasdaq:CPKI)  
• Fingerprinting-device maker Cogent Systems Inc. is 8,8% lower after a downgrade by Stanford Research. (See Nasdaq:COGT)  
• Calif-based UCBH holdings, which operates as the bank holding company for United Commercial Bank, is down 11% to $5.92 after a downgrade by DA Davidson. (See Nasdaq:UCBH) 

]]> Mon, 05 Jan 09 16:31:54 -0500 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-05-russell_closes_on_choppy_note_aer_ahd_and_visn_lead_gai#15473 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-05-russell_becomes_rocky_into_middayavav_lope_and_mflx_lea Grand Canyon Education, Inc. (Nasdaq:AVAV), AeroVironment, Inc. (Nasdaq:LOPE) and Multi-Fineline Electronix (Nasdaq:MFLX).

Other Market Watch highlights today included:

• The chart picture retains a positive slant after Friday’s solid close above important resistance points.  
• In overseas action, European markets rose more than 1%, while Asia also gained about 1%.  
• Within the commodity theme, crude oil prices slipped into negative territory ahead of the U.S. open, giving back decent overnight gains amid geopolitical tensions.  
• Mining shares were firm overnight and remain a sector to watch in U.S. trading today.

Small Cap Gainers:

• Grand Canyon Education, Inc. and AeroVironment, Inc. established new 52-week highs shortly after the opening. (See Nasdaq:AVAV, Nasdaq:LOPE)  
• Multi-Fineline Electronix is up 23.5% to $15.17 after raising its Q1 sales outlook this morning. (See Nasdaq:MFLX)  
• Teradyne is up 10.3% to $5.15 after Barclays Capital this morning upgraded the company from "Equal Weight" to "Overweight." (See NYSE:TER)
• Eagle Bulk Shipping and DryShips Inc. are posting gains of 10.2% and 5.1%, respectively, in pre-market trading. (See Nasdaq:EGLE, Nasdaq:DRYS)

Small Cap Losers:

• CONMED Corp. and Digi International established new 52-week lows in early trading. (See Nasdaq:CNMD,Nasdaq:DGII)  
• GSI Commerce, Inc. is down 14.6% after a downgrade this morning by Stifel Nicolaus. (See Nasdaq:GSIC)  
• Helen of Troy Limited is down nearly 11% to $15.80 after a downgrade by JPMorgan. (See Nasdaq:HELE)  
• Varian Semiconductor Equipment is down 5.4% to $17.60 in pre-market trading after issuing revised rev and earnings estimates for Q1. (See Nasdaq:VSEA)]]> Mon, 05 Jan 09 13:50:02 -0500 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-05-russell_becomes_rocky_into_middayavav_lope_and_mflx_lea#15450 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-05-russell_opens_low_monday_morning_avav_lope_and_mflx_lea Grand Canyon Education, Inc. (Nasdaq:AVAV), AeroVironment, Inc. (Nasdaq:LOPE) and Multi-Fineline Electronix (Nasdaq:MFLX).

Other Market Watch highlights today included:

• The chart picture retains a positive slant after Friday’s solid close above important resistance points.  
• In overseas action, European markets rose more than 1%, while Asia also gained about 1%.  
• Within the commodity theme, crude oil prices slipped into negative territory ahead of the U.S. open, giving back decent overnight gains amid geopolitical tensions.  
• Mining shares were firm overnight and remain a sector to watch in U.S. trading today.

Small Cap Gainers:

• Grand Canyon Education, Inc. and AeroVironment, Inc. established new 52-week highs shortly after the opening. (See Nasdaq:AVAV, Nasdaq:LOPE)  
• Multi-Fineline Electronix is up 23.5% to $15.17 after raising its Q1 sales outlook this morning. (See Nasdaq:MFLX)  
• Teradyne is up 10.3% to $5.15 after Barclays Capital this morning upgraded the company from "Equal Weight" to "Overweight." (See NYSE:TER)
• Eagle Bulk Shipping and DryShips Inc. are posting gains of 10.2% and 5.1%, respectively, in pre-market trading. (See Nasdaq:EGLE, Nasdaq:DRYS)

Small Cap Losers:

• CONMED Corp. and Digi International established new 52-week lows in early trading. (See Nasdaq:CNMD,Nasdaq:DGII)  
• GSI Commerce, Inc. is down 14.6% after a downgrade this morning by Stifel Nicolaus. (See Nasdaq:GSIC)  
• Helen of Troy Limited is down nearly 11% to $15.80 after a downgrade by JPMorgan. (See Nasdaq:HELE)  
• Varian Semiconductor Equipment is down 5.4% to $17.60 in pre-market trading after issuing revised rev and earnings estimates for Q1. (See Nasdaq:VSEA)

]]> Mon, 05 Jan 09 09:14:50 -0500 http://www.smallcapinvestor.com/smallcapnews/incaseyoumissedit/2009-01-05-russell_opens_low_monday_morning_avav_lope_and_mflx_lea#15446