Small-cap stocks generally traded beneath the major indices for most of the day, although the Russell 2000 and the S&P SmallCap 600 were both recently up around 0.1%.
Among the individual winners was
, which vaulted 13% after the Israel-based information-technology company said non-GAAP earnings surged 50% to 18 cents a share, or $3.4 million, in the third quarter. That tops Thomson Financial's estimates by a penny a share. Revenue surged 34.1% to a better-than-expected $23 million. Shares gained $2.48 to $21.49.
e-Future Information Technology
(EFUT - Get Report)
also had a sharp rise after announcing that its ONE Visual Process Management system was "successfully" launched in Sino Rubber Electronic Exchange. Shares were soaring 22.8% to $25.45.
Arizona Star Resource
jumped 22.8% on word
(ABX - Get Report)
will offer to buy the Canada-based gold-and-copper miner for $811.1 million (C$773 million) in cash, or roughly $18.89 a share. Arizona Star was changing hands at $18.70. Barrick climbed $1.01, or 2.4%, to $44.06.
slid 11.7% after the housing company proposed to offer $130 million in convertible senior bonds. The underwriter, Credit Suisse, will have an option for another $19.5 million worth in order to cover overallotments. Champion says proceeds will, among other things, go to repurchasing $82.3 million in outstanding senior bonds due 2009. A tender offer for those was also launched this morning. Shares were off $1.52 at $11.52.