Small-Cap Winners & Losers: Par Technology

The Russell 2000 and the S&P 600 lost ground Monday. The Russell 2000 is trading at 702.10, down 1.16%, and the S&P 600 Small Cap at 366.01, down 1.08%.

Shares of Par Technology(PTC Quote) gained 9.81% to $7.61 after the company reported second-quarter results. PTC recorded revenues of $57.2 million compared with $49.9 million a year ago. This is a 15% increase over the previous year. EPS also came in above expectations at 5 cents compared with last year's loss of 7 cents. PTC's core business is a provider of technology solutions, including hardware, software and professional\traditional services to businesses in the global hospitality and specialty retail industries based in New Hartford, N.Y.

Shares of Banco Lantinoamerico de Exportaciones(BLX Quote) gained 5.17% to $16.87 after the company announced results for its second-quarter operations. Net income increased 37% to $26.3 million and operating revenue increased 28% to $36.4 million compared with the first quarter of 2008. BLX is a Panama City, Panama-based company that offers various financial products and services for commercial banks, state owned entities and private corporations in Latin America and the Caribbean.

Shares of Mine Safety Appliances(MSA Quote) lost 19.12% to $32.64 as the company missed Wall Streets second-quarter earnings expectations. Net income increased to $20 million, 55 cents a share, from $17.3 million and revenue rose to $293.2 million, or an 18% gain. Analysts expected earnings of 60 cents per share on revenue of 276.1 million. MSA is a Pittsburgh, Pa.- based company that is engaged in the development, manufacture and supply of products that protect people's health and safety.