Winners & Losers

Tuesday's Tech Winners & Losers

 

Telkonet (TKO) rose nearly 30% after the company said the Department of Homeland Security's Transportation Security Administration, in collaboration with the U.S. Army, has successfully completed evaluation of its powerline networking platform. The Telkonet iWire System, which was approved for use, is scheduled for deployment in some airports starting in January. Shares were up 70 cents to $3.16.

pSivida (PSDV) advanced on news it has entered into an exclusive negotiation period with a major global pharmaceutical company to acquire a worldwide, royalty-bearing license to make, use and sell products using pSivida's drug-delivery technologies. Shares were higher by 18 cents, or 11.1%, to $1.80.

Syniverse Holdings (SVR) climbed after its board named Robert J. Marino nonexecutive chairman, effective Dec. 31. Marino succeeds G. Edward Evans, who will be leaving the company at the end of the year. Syniverse was gaining 4.9% to $14.67.

Synergx Systems (SYNX) fell after it swung to a loss in the latest fourth quarter. The company lost $317,000, or 6 cents a share, compared with a profit of $189,000, or 4 cents a share, in the same period a year ago. Revenue dropped to $4.5 million this year from $5.1 million in the same 2005 quarter. The stock lost 6.5% to $1.87.

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