This Day On The Street
Continue to site
ADVERTISEMENT
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

Wednesday's Small-Cap Winners & Losers

Small-cap stocks rode the wave of the choppy broad market Wednesday as names from various sectors turned in a mixed bag of earnings.

Alliance One International (AOI - Get Report) ranked among the winners after the Morrisville, N.C., leaf-tobacco processor said GAAP-based income climbed by 2 cents from last year to 7 cents a share, or $6 million, in the fiscal first quarter. Non-GAAP underlying earnings fell by 4 cents to 9 cents a share, but its stock still jumped 13% to $7.89.

AOI helped prop up both the Russell 2000 and the S&P SmallCap 600, which lately tacked on 0.8% and 0.6%, respectively.

Illinois-based novelty-products maker CTI Industries (CTIB - Get Report) surged 45.5% on word second-quarter income more than doubled from last year to $423,000 million, or 17 cents a share, on revenue of $9.3 million. The sole analyst's estimate had earnings at 6 cents a share on revenue of $9.2 million, according to Thomson Financial. Shares ratcheted up $1.38 to $4.41.

On the other hand, La-Z-Boy (LZB - Get Report) swung to a fiscal first-quarter loss of 13 cents a share (excluding a restructuring charge) against Wall Street's upside predictions. Sales dwindled by 12.6% year over year to a below-consensus $344.4 million. Shares of the Monroe, Mich., furniture maker lost 7.6% to $8.87.

Coleman Cable (CCIX) plunged some 37% after quartering its second-quarter earnings to 24 cents a share vs. last year. Shares of the Illinois-based company, which makes electrical-wire and cable products, were changing hands at $7.32.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
CCIX $0.00 0.00%
AOI $23.43 1.52%
CTIB $3.73 1.36%
LZB $26.69 -3.33%
AAPL $107.72 -4.47%

Markets

Chart of I:DJI
DOW 16,058.35 -469.68 -2.84%
S&P 500 1,913.85 -58.33 -2.96%
NASDAQ 4,636.1050 -140.4030 -2.94%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs