This Day On The Street
Continue to site
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

The cheery broader market propelled small-cap stocks higher Wednesday, and among the biggest winners was Pericom Semiconductor (PSEM).

Shares soared more than 34% after fiscal first-quarter income vaulted to $3.9 million, or 15 cents a share, from last year's 6 cents a share. That easily beats analysts' 11-cent per-share estimates, according to Thomson Financial. The San Jose, Calif., company also brought in $38.5 million in sales, a 24.8% rise from last year and about $4.4 million above consensus. Pericom shares were up $4.04 to $15.80.

That helped boost both the Russell 2000, recently up 0.6% to about 821, and the S&P SmallCap 600, which was gaining 0.4% to roughly 427. Both trackers soared earlier before getting temporarily jerked down immediately following the Federal Reserve's decision to cut its key fed funds rate by 25 basis points.

Among other small-cap gainers, Miami's Answerthink (ANSR) more than doubled its third-quarter earnings to 7 cents a share, beating Street expectations by 2 cents. Shares of the business- and technology-consulting firm ramped up $1, or 32.4%, to $4.09.

And First Consulting Group (FCGI), a consulting firm for the health-care industry, catapulted 27.3% after Computer Sciences (CSC) agreed to take it out for $13 a share in cash. The $365 million deal should close during the first calendar quarter of next year.
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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
PSEM $17.74 -0.06%
BWLD $142.08 0.00%
FARO $24.72 0.00%
SSYS $16.84 0.00%
AAPL $94.02 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs