Small Caps

Monday's Small-Cap Winners & Losers

 

Koppers Holdings(KOP) gained after the Pittsburgh-based company, which produces chemicals, carbon compounds and treated wood products, swung to a third-quarter profit. The company posted earnings of $12.4 million, or 59 cents a share, and revenue increased 17% to $314.4 million. The company also confirmed its full-year guidance of 13% to 15% increases in revenue and adjusted earnings before items. Shares were trading up 81 cents, or 4%, to $21.22.

Columbia Equity Trust(COE) rose after the Washington, D.C.-based company agreed to be acquired by JPMorgan Asset Management's Special Situation Property Fund for $19 a share. The purchase price is a 12.4% premium over Columbia's closing price on Nov. 3. The merger is expected to be completed during the first quarter of 2007. Shares were climbing $1.88, or 11.1%, to $18.79.

Shares of Phazar(ANTP) soared more than 30% after the company's Antenna Products unit received a $798,617 contract from the General Services Administration in Fort Worth, Texas. Shares of Phazar were up $1.53 to $6.20.

American States Water(AWR) slumped after the San Dimas, Calif.-based company reported a drop in third-quarter earnings. The company posted earnings of $5.6 million, or 32 cents a share, down from $12.2 million, or 72 cents a share, a year ago. Revenue increased 8.3% to $73.7 million. The company said last year's results included a favorable regulatory decision that added about $4.3 million, or 25 cents a share, to net income, while this year, American States took a pretax unrealized loss on purchased power contracts totaling $2.8 million, or 10 cents a share. Shares were trading down $2.02, or 4.9%, to $38.88.

>To order reprints of this article, click here: Reprints

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
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.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet