Small-cap stocks rallied from an early plunge Tuesday to experience mixed trading along with the broader market.
Idearc (IAR Quote), which makes phone books, saw shares rise 46% to $4.86. The Dallas-based company reported first-quarter pro forma income of $116 million, or 79 cents a share, vs. $119 million, or 82 cents a share, a year ago. Analysts polled by Thomson Financial were expecting EPS of 63 cents. Shares of Cary, N.C.-based fellow phone-book maker R.H. Donnelley (RHD Quote) also rallied, climbing 29% to $6.29.
Phosphate marketer Innophos (IPHS Quote) jumped 21% to $22. The Cranbury, N.J., firm swung to a profit of $9.3 million, or 43 cents a share, from a loss of $2.1 million a year ago. The Street was looking for earnings of 23 cents a share. ...
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