Thursday's Small-Cap Winners & Losers

Updated from 1:55 p.m. EST with new stock prices

Small-cap stocks, along with the broader market, broke out the shovels and dug a hole Thursday. The Russell 2000 lost 1.5% to 705.73, and the S&P SmallCap 600 fell 1.3% at 374.52.

R.H. Donnelly (RHD Quote), which publishes Yellow Pages phone books in print and online, helped break ground, losing 47.5% to $9.34 on poor fourth-quarter results and a lowered 2008 outlook. For the fourth quarter, the Cary, N.C., company lost $12.1 million, or 17 cents a share, compared with a loss of $50.8 million, or 72 cents a share, a year ago. Analysts surveyed by Thomson Financial were looking for a profit of 9 cents a share. For full-year 2008, R.H. Donnelly forecast revenue between $2.6 billion and $2.7 billion. The Street is looking for revenue on the high end of that estimate.

Beijing's Origin Agritech (SEED Quote) also went spelunking, down 30.8% to $6.64. The developer of crop seeds swung to a fourth-quarter loss of $21.8 million, vs. a profit of $7.3 million a year ago. Sales were $65.2 million, down from $66 million year over year. For 2008, the company noted its high inventory and excessive seed supply, forecasting a full-year profit between $500,000 and $2 million.

Borland Software (BORL Quote) dropped 24.9% to $1.96. In the fourth quarter, the Austin, Texas, company posted a non-GAAP loss of $2.7 million, or 4 cents a chare. The per-share loss was in line with analysts' estimates but 2 cents wider than its 2006 result. Citing a challenging spending environment, the company guided for full-year 2008 revenue to range from $235 million to $255 million. The Street predicts full-year revenue of $271.8 million.

Some stocks managed to climb on the down day. Dress Barn (DBRN Quote) jumped 14.5% to $14.39. For the second quarter of its fiscal 2008, the Suffern, N.Y.-based apparel retailer posted a profit of $7.4 million, or 12 cents a share, vs. $17 million, or 24 cents a share, in the year-ago quarter. The EPS results include a 3-cent, one-time tax benefit. Analysts, who do not typically include one-time items in their estimates, were looking for 6 cents a share.

Shares of Avici Systems (AVCI Quote), a North Billerica, Mass.-based provider of network-related resource control systems, climbed 8.6% to $7.87. For the fourth quarter, Avici reported non-GAAP net income of $29.8 million, or $1.93 a share, vs. $4 million, or 28 cents a share, a year ago. Revenue rose year over year to $44.9 million from $15.9 million.