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!

Tuesday's Small-Cap Winners & Losers

Small-cap stocks perked up early Tuesday along with the broader market. The Russell 2000 jumped 3.2% to 671.25, and the S&P SmallCap 600 was up 3.2% to 358.27.

Excel Maritime (EXM), an Athens, Greece-based dry bulk shipper, climbed 19% to $29.37 on fourth-quarter earnings. The company posted income of $34.1 million, or $1.71 a share, vs. $9.3 million, or 47 cents a share, a year ago. Revenue rose to $60.9 million from $35.2 million. The company also declared a quarterly dividend of 20 cents a share.

Also rising on earnings, apparel maker Perry Ellis (PERY) added 22% to $20.86. The Miami company reported fourth-quarter income of $9.9 million, or 65 cents a share, vs. $10.7 million, or 68 cents a share, a year ago. Two analysts had forecast EPS of 63 cents.

For 2009, the company forecast full-year revenue growth between 5% and 7% to a range of $910 million to $925 million and full-year EPS of $1.95 to $2 a share. The Street is looking for $1.86 a share.

Shares of Nassau, Bahamas-based marine transport company Ultrapetrol (ULTR) rocketed 25% to $9.15. The company announced a share buyback program for as much as $50 million of its common stock.

On the losing side, Xerium Technologies (XRM) shares went into free fall, losing 72% to $1.22. The company announced it would delay filing its Form 10-K, an annual summary of its financial performance for the year, with the Securities and Exchange Commission. In a press release, the company cited its pursuit of a solution to a "risk of financial covenant default" and uncertainty about its financial impairment as cause for the delay.

Also losing ground, Getty Realty (GTY) plummeted 46% to $14.49 on revised preliminary fourth-quarter earnings. Pointing to the declining financial condition and results from Getty Petroleum Marketing, the Jericho, N.Y., real estate investment trust said that it has provided a non-cash $10.5 million reserve for deferred rent receivable as of Dec. 31. As a result of that provision, the company announced it lost $600,000 for the quarter, vs. a profit of $9.8 million in 2006.

Shuffle Master (SHFL) slipped 27% to $5.25 on first-quarter earnings. The Las Vegas maker of automated card shufflers and other gaming devices posted a loss of $1.8 million, or a nickel a share, vs. a profit of $2 million, or 6 cents a share, a year ago.

Finally, Rancho Cucamonga, Calif., water treatment company Basin Water (BWTR) posted a fourth-quarter loss of $1.4 million, or 7 cents a share, vs. $8 million, or 41 cents a share, a year ago. The Street expected a 7-cent EPS profit. Shares fell 20% to $5.25.

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 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

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