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

Tuesday's Small-Cap Winners & Losers: DivX

Small-cap stocks tried to rally early Tuesday, but soon found themselves back in losing territory along with the major indices. The Russell 2000 slipped 2.6% to 704.86, and the S&P SmallCap 600 likewise fell 2.6% to 365.17.

There were some winner's in the day's mixed trading. San Diego-based DivX (DIVX), which makes video compression software, jumped 9.1% to $14.01 after announcing it had inked a content distribution deal with Sony Pictures Television to offer downloads of Sony Pictures content to next-generation DivX devices. Terms of the deal were not disclosed.

Also sitting pretty was Helen of Troy (HELE - Get Report), shares of which sailed up 14% to $17.11 after Jeffries upgraded the Bermuda maker of women's beauty products to buy from hold.

On the other hand, things got ugly for skin rejuvenator Isolagen (ILE), whose share price withered away 73% to 65 cents on news that CEO Nicholas Teti will be pursuing other interests. CFO Declan Daly will be taking over his duties, while Teti will remain chairman of the board and a consultant.

Meanwhile, shares of Centennial Communications (CYCL) lost 16% to $7.38 on earnings for its fiscal second quarter ended Nov. 30. The Wall, N.J., wireless and broadband provider posted continuing operations income of $1.5 million, or a penny a share, vs. $1 million, or a penny a share, in 2006. Analysts polled by Thomson Financial were expecting 6 cents a share.

Finally, bond insurer Security Capital Assurance (SCA) dropped 24% to $2.41 as Morgan Stanley, citing turmoil in the bond market, cut profit forecasts for the Bermuda-based company and fellow insurers Ambac (ABK) and MBIA (MBI).

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
HELE $83.79 -1.16%
AAPL $109.27 -1.00%
FB $88.26 0.12%
GOOG $600.70 -0.92%
TSLA $241.93 -1.48%

Markets

Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs