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Winners & Losers
Small-Cap Winners & Losers: The Knot
05/09/08 - 03:04 PM EDT
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Systemax SYX, a direct marketer of brand-name and private-label products based in Port Washington, N.Y., posted income of $18 million, or 48 cents a share, vs. $13.9 million, or 37 cents a share, a year ago. Revenue improved 7.2% year over year to $725 million. Shares tacked on 17% to $19.38. Finally, McGrath Rentcorp MGRC, which rents and sells relocatable modular buildings and electronic test equipment, saw shares rise 17% to $27.14. The Livermore, Calif., company announced a first-quarter profit of $10.3 million, or 43 cents a share, compared with $9.3 million, or 37 cents a share, in the first quarter of 2007. Wall Street was looking for 38 cents a share.
Gibraltar Industries and Central Garden & Pet both climb on earnings beats.
Georgia Gulf and Kenneth Cole slide on earnings shortfalls and analyst downgrades.
Georgia Gulf and Kenneth Cole slide on earnings shortfalls and analyst downgrades.
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Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
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