Small-cap stocks saw mixed trading Thursday as more congressional testimony by Federal Reserve Chairman Ben Bernanke left investors hesitant.
Shares of Syntax-Brillian (BRLC Quote), a Tempe, Ariz.-based maker of high-definition TVs, jumped 16% to $1.23. The company announced a partnership with Compal Electronics, under which Compal will fill an initial manufacturing order of 300,000 televisions in its Chinese facility. Syntax-Brillian CEO James Li said that the move was key to the company's cost-reduction and cash flow-improvement efforts.
Meanwhile, C&D Technologies (CHP Quote), which services the switchgear and control, telecom and uninterruptible power supply markets, climbed 6.7% to $5.77. The Blue Bell, Pa., company introduced a new battery that the company says benefits the environment and cuts costs by consuming less energy than other batteries when charging. ...
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