Monday's Small-Cap Winners & Losers

Koppers Holdings(KOP Quote) gained after the Pittsburgh-based company, which produces chemicals, carbon compounds and treated wood products, swung to a third-quarter profit. The company posted earnings of $12.4 million, or 59 cents a share, and revenue increased 17% to $314.4 million. The company also confirmed its full-year guidance of 13% to 15% increases in revenue and adjusted earnings before items. Shares were trading up 81 cents, or 4%, to $21.22.

Columbia Equity Trust(COE Quote) rose after the Washington, D.C.-based company agreed to be acquired by JPMorgan Asset Management's Special Situation Property Fund for $19 a share. The purchase price is a 12.4% premium over Columbia's closing price on Nov. 3. The merger is expected to be completed during the first quarter of 2007. Shares were climbing $1.88, or 11.1%, to $18.79.

Shares of Phazar(ANTP Quote) soared more than 30% after the company's Antenna Products unit received a $798,617 contract from the General Services Administration in Fort Worth, Texas. Shares of Phazar were up $1.53 to $6.20. ...