Small-cap stocks experienced a short, steady climb along with the broader market Wednesday. The

Russell 2000 Index

was up 2.5% to 678.11 while the

S&P 500

was up over 1% to 1,230.93.

Among the winners was Dallas company

Intervoice

(INTV)

, which provides voice and data solutions. It was up 21% to $8.12 on the day. On Wednesday, Intervoice announced it was being acquired by

Convergys

(CVG)

for $335 million, or $8.25 a share.

Eagan, Minn.-based major airline

Northwest

( NWA) rose 21% to $6.56 following an overall rise in the airline industry.

Delta Airlines

(DAL) - Get Report

, which is set to merge with Northwest later this year, increased their cost-savings target from the planned acquisition to $2 billion from about $1 billion.

Cincinnati media content provider

EW Scipps

(SSP) - Get Report

was up 170% to $8.94 after the company approved a reverse stock split late Tuesday. The split will offer one share for every three shares of stock.

On the losing side, Plymouth, Wisc.-based energy management company

Orion Energy Systems

(OESX) - Get Report

fell 37% to $5.40 on reduced revenue expectations. The company announced late Tuesday that it expects total revenue for fiscal 2009 to be between $101 and $103 million, putting annual growth between 25% and 28%. Previous expectations had annual revenue growth at up to 50%.

eResearch Techonolgy

( ERES), a cardiac monitoring technology service provider out of Philadelphia, was down 16% to $14.00 on a downgrade from Leerink Swann to "underperform" from "market perform."

Rounding out the losers was Salt Lake City, Utah-based

USANA Health Sciences

(USNA) - Get Report

, which manufactures and distributes nutritional and personal care products. Shares fell 11% to $24.74 after

Gull Holdings

together with

Unity Acquisition

ended their $28 per share bid to buy USANA.

This article was written by a staff member of TheStreet.com.