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Monday's Small-Cap Winners & Losers

Sarina Penn

Sacramento's Digital Music Group (DMGI) which buys and digitally reprocesses video and audio recordings, struck a deal that allows Google's (GOOG) YouTube to publish some of that content. Digital Music stock was jumping $1.10, or 29.3%, to $4.85. Google was recently slipping $4.97, or 1.1%, to $456.92.

LCA-Vision (LCAV), which runs laser eye-surgery centers, shot up after it beat Wall Street's earnings estimates. The Cincinnati-based company said it earned $7.1 million, or 34 cents a share, in the most recent quarter, compared with last year's $6.6 million, or 30 cents a share. Analysts were expecting 25 cents a share. Sales met analysts' targets, rising 26% to about $58.8 million. Shares were bouncing $7.02, or 18.1%, to $45.73.

Apogee Enterprises (APOG) jumped after the company upped its fiscal 2007 earnings guidance again, this time saying it should earn $1.04 to $1.10 a share. The Minneapolis-based company also issued a fiscal 2008 earnings outlook of $1.20 to $1.30 a share, which would top Wall Street's $1.19 estimates. Apogee was gaining $2.13, or 10.8%, to $21.79.

China BAK Battery (CBAK) plummeted 26.4% after the rechargeable-battery maker's quarterly earnings were essentially flat year over year at $3.6 million, or 7 cents a share. Sales were up 65.1% to $43.1 million. Shares were losing $1.45 to $4.05.

Beacon Power (BCON) was sliding on word it will sell $10.6 million worth of shares and warrants to finance a number of projects. The Wilmington, Mass., company was down 22 cents, or 18.2%, to 99 cents.

Chindex International (CHDX) was lower after the China-based company said its medical-products division lost money in the quarter ended Dec. 31. This was offset by the increased profitability of its health care services segment. Total earnings came to $679,000, or 9 cents a share. Chindex stock was falling $3.48, or 14.4%, to $20.72.

Administaff (ASF) dropped after the staffing-services company said customer cancellations and higher benefit expenses cut its 2007 unit growth outlook to 10% to 11% from the prior range between 12% and 16%. The Kingwood, Texas, company said fourth-quarter profits totaled $13.4 million, or 47 cents a share. Revenue rose 15.4% from a year ago to $352.6 million. Shares were sinking $8.03, or 18.6%, to $35.05.

Boots & Coots International Well Control (WEL), which sells oil field-related safety services, retreated on word it will sell 26 million of its shares, half of them by the Houston-based company itself. The deal includes a 3.9 million-share underwriter's option to cover overallotments. Shares were down 22 cents, or 9.7%, to $2.04.