This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Thursday's Small-Cap Winners & Losers

Earnings and guidance prompted some of the biggest moves among small-cap stocks as they generally slipped into negative territory Thursday. The Russell 2000 lost 0.9% to 707.31, and the S&P SmallCap 600 slid 0.9% to 373.

Shares of Epicor (EPIC), a developer of enterprise application software and services, dropped to new lows, falling 25% to $8.07. The Irvine, Calif.-based company guided for first-quarter non-GAAP earnings per share of 6 cents to 7 cents on revenue of $103 million to $104 million. Analysts polled by Thomson Financial are looking for EPS of 17 cents on revenue of $113.5 million.

Also falling, Milpitas, Calif.-based Credence Systems (CMOS) tumbled 24% to $1.32. The designer of engineering validation test equipment announced it expects a first-quarter loss of $9 million to $11 million, or 9 cents to 11 cents a share. The Street is looking for a 6-cent EPS loss.

Wauwatosa, Wis.-based Briggs & Stratton (BGG), which makes air-cooled gasoline engines and power equipment, saw shares give up 13%. The company reported third-quarter fiscal 2008 earnings of $37.1 million, or 75 cents a share, up from $9.3 million, or 18 cents a share, a year ago. The Street was looking for income of 85 cents a share.

SureWest (SURW), a telecommunication services company based in Roseville, Calif., announced it will stop paying quarterly dividends after its payout on June 16. Shares got a 22% haircut to $14.87.

On the winning side, shares of Avocent (AVCT), a maker of connectivity software and hardware based in Huntsville, Ala., climbed 20% to $18.87. The company announced first-quarter income of $12.7 million, or 27 cents a share, vs. $12.7 million, or a quarter a share, a year ago. Analysts were looking for 22 cents a share.

Meanwhile, Greenville, Pa.-based office furniture maker Knoll (KNL) saw shares surge 13% to $13.30 on first-quarter earnings. The company announced that income had increased 17% year over year to $17.3 million and EPS improved to 36 cents form 30 cents. The Street had forecast EPS of 33 cents.

Finally, Cano Petroleum (CFW), a Fort Worth, Texas, oil and natural gas company, jumped 11% to $5.16. Canaccord Adams initiated coverage on the stock with a buy rating.

Select the service that is right for you!

COMPARE ALL SERVICES
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!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • 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