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!

RehabCare, Boyd Gaming: Small-Cap Winners

NEW YORK (TheStreet) -- Deal activity continues to drive small-cap stocks, with RehabCare (RHB) shooting up after Kindred Healthcare (KND) said it will acquire the company for $900 million in cash and stock. The deal will create the largest rehabilitation services provider.

Under the deal, shareholders of RehabCare will receive $26 in cash and 0.471 shares of Kindred. The stock was soaring 44% to $36, well above the offer price, indicating traders' expectations for a higher bid. Shares of Kindred also surged 24.5% to $24.29.

Battery-maker Exide Technologies (XIDE) saw its shares jump 14% to $11.89 after it delivered better-than-expected results on stronger sales in Europe. The company reported adjusted profits of 33 cents per share beating estimates of 27 cents.

Shares of Boyd Gaming (BYD) were gaining 11% to $12.29 after analysts at Bank of America/Merill Lynch upgraded the stock to a buy from a neutral along with MGM resorts (MGM) on expectations of a continuing recovery in Las Vegas.

Communications software maker Synchronoss Technologies (SNCR) reported strong fourth quarter profits after the bell Monday and forecast better-than-expected results for the first quarter. The firm expects Verizon's (VZ) contribution to its 2011 revenue to double to 10 percent, compared with 2010. Shares were climbing 11% to $34.64.

Capstone Turbine (CPST) shares were rising 7% to $1.48 on an upgrade from Ardour Capital to buy from accumulate.

Shares of LED equipment company Veeco (VECO) were stronger by 5.5% at $47.64 despite a weaker-than-expected guidance for the first quarter. But the company's full-year guidance was ahead of estimates.

KB Home (KBH), PMI Group (PMI), Talbots (TLB) were other notable gainers.

--Written by Shanthi Bharatwaj in New York



>To contact the writer of this article, click here: Shanthi Bharatwaj.

>To follow the writer on Twitter, go to http://twitter.com/shavenk.

>To submit a news tip, send an email to: tips@thestreet.com.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

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!
DOW 17,079.57 -42.44 -0.25%
S&P 500 1,996.74 -3.38 -0.17%
NASDAQ 4,557.6950 -11.9260 -0.26%

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