This Day On The Street
Continue to site right-arrow
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!

Wednesday's Small-Cap Winners & Losers

EGL (EAGL) was climbing higher after main shareholder and CEO James Crane renewed his $36-a-share bid to take the freight company private, this time leading a group consisting of Centerbridge Partners and The Woodbridge Co.

Earlier this month shares of the Houston-based firm plunged after General Atlantic, Crane's former partner in the buyout offer, backed out in a reaction to soft fourth-quarter guidance. EGL also officially issued those weak numbers -- income of $10.9 million, or 27 cents a share, compared with $19.1 million, or 47 cents a share, last year. But EGL shares were rising $1.89, or 5.7%, to $35.36.

Novatel Wireless (NVTL) said after the market close Tuesday that fourth-quarter non-GAAP profits rose to $4.4 million, or 14 cents a share, up from break-even last year. Revenue surged 58% to $77 million. The Street expected income at 6 cents a share on $76.1 million sales. The San Diego-based wireless-equipment maker was gaining 50 cents, or 3.9%, to $13.26.

Syniverse (SVR), which sells services to the wireless-telecom industry, slid on dwindling profits. The Tampa, Fla., company posted adjusted fourth-quarter income of $11.5 million, or 17 cents a share, on sales that inched up 2.7% from last year to $85.8 million. Year-ago income came to $14.8 million, or 22 cents a share. Analysts were seeking 24 cents a share on $85.1 million in revenue.

Looking ahead, Syniverse expects 2007 sales of between $325 million and $335 million, at least $23 million under expectations. Shares were falling $2.17, or 15.5%, to $11.87.

1 of 3

Select the service that is right for you!

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 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • 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