Monday's Small-Cap Winners & Losers
02/12/07 - 02:58 PM EST
Sacramento's Digital Music Group (DMGI Quote) which buys and digitally reprocesses video and audio recordings, struck a deal that allows Google's (GOOG Quote) 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 Quote), 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 Quote) 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 Quote) 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 Quote) 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.



