This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Tuesday's Small-Cap Winners & Losers

Updated from 2:38 p.m. EDT

School Specialty (SCHS) rose after it posted first-quarter earnings of $36.9 million, or $1.57 a share, compared with $34.6 million and $1.44 a share a year ago. Excluding the impact of option expensing, earnings were $1.61 a share. Revenue increased 7.6% to $385.4 million. Analysts were looking for earnings of $1.53 a share. The school-supplies distributor also confirmed its guidance for fiscal 2007. Shares were up $2.52, or 7.8%, to $34.85.

Gateway (GTW) was climbing after the computer company said it was selected by the Los Angeles Unified School District as the hardware vendor for the Business Tools for Schools project. The agreement is for more than 1,200 E-4500 desktop PCs with 17-inch LCD monitors. Shares climbed 17 cents, or 12%, to $1.50.

Loral Space & Communications (LORL) gained after a unit of the satellite communications company received a contract to build the TerreStar-2 MSS satellite for TerreStar Networks. TerreStar-2 is scheduled for delivery in 2009 and will have a service life of 15 years. Shares advanced $1.54, or 6.3%, to $26.04.

Jo-Ann Stores (JAS) stumbled as the retailer's second-quarter loss widened to $21.2 million, or 90 cents a share, from $5.1 million, or 23 cents a share, a year ago. Sales fell to $363.2 million from $383.8 million. Wall Street expected the company to post a loss of 84 cents a share. The company also reaffirmed its earlier outlook for fiscal 2007. Shares fell 32 cents, or 2.2%, to $14.22.

Shares of InterOil (IOC) tumbled Tuesday afternoon after the company reported weaker-than-expected quarterly results. As reported on our sister site, RealMoney.com, the results were apparently released prior to their scheduled time after the close.

Australian-based oil company posted a loss of 60 cents per share vs. expectations for a profit of 2 cents per share, and revenue of $124.7 million vs. the expected $197.5 million. InterOil shares were recently down $2.75, or 17.9%, to $12.65 in heavy volume.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,857.33 -54.78 -0.32%
S&P 500 1,964.56 -5.39 -0.27%
NASDAQ 4,451.0460 +8.3480 0.19%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs