shares more than doubled in value after the Israel-based company swung to a fourth-quarter profit of $557,000, or 7 cents a share, on revenue that climbed 11% from last year to $6 million. Shares were surging $1.68 to $3.08.
( LMRA) soared some 33% after aeronautics-systems giant
agreed to buy its high electro-optic activity materials under an agreement that's good until year-end. Lumera was gaining $1.23 to $4.88. Lockheed was recently adding 61 cents to $97.50.
( TOMO) was riding high on word that its majority shareholder
bid to privatize the wireless-Internet company for $15.56 a share, or about $201 million. Shares of Tom Online were leaping $3.16, or 27.2%, to $14.78.
advanced sharply on news that its security-management software has been used in
encrypting notebook-PC hard drives, which are currently being shipped to IT-distributor ASI Computer Technologies. Wave shares were gaining 42 cents, or 15.9%, to $3.06. Seagate was recently off a penny to $24.25.
( RMTR) jumped after
agreed to manufacture and commercialize its nonvolatile-ferroelectric RAM products. Financial terms weren't disclosed. Ramtron shares were adding 22 cents, or 7.9%, to $3. TI was up 13 cents to $32.59 in recent trading.
Storm Cat Energy
tumbled after Friday's announcement that Chief Executive and President J. Scott Zimmerman had taken administrative leave for personal reasons. Chief Operating Officer Keith Knapstad will temporarily assume his roles. Shares of the Denver-based company were down 12 cents, or 11.1%, to 93 cents.
( SPC) sank after Goldman Sachs and Bank of America agreed to loan the Atlanta-based gardening-products maker $1.6 billion by way of refinancing its existing credit facility. Shares were losing 51 cents, or 6.2%, to $7.70.