Stocks to Watch: Seitel Plunges, Wild Oats Jumps - TheStreet

Winners

Church & Dwight

(CHD) - Get Report

was up 7% to $31.60 after the company posted first-quarter earnings of 36 cents a share, including a charge. Before the charge, the company earned 42 cents. Analysts were looking for a profit of 32 cents. Church & Dwight, which makes household products under the Arm & Hammer brand, also raised its guidance for the year.

Maxwell Technologies

(MXWL) - Get Report

was up 15% to $13 after the company introduced low-cost, high-durability, large-cell ultracapacitors designed specifically to meet the energy storage requirements of the transportation and industrial markets.

National TechTeam

(TEAM) - Get Report

, a provider of information technology and business process outsourcing support services, reported first-quarter earnings of 6 cents a share before charges. The stock was rising 14% to $6.50.

Pope & Talbot

(POP)

, a lumber and pulp company, was gaining 7% to $15 after the company received a positive mention in the latest issue of

Barron's

.

Synopsys

(SNPS) - Get Report

, a maker of integrated circuit design products, expects second-quarter earnings, before goodwill, of 38 cents a share. Analysts are looking for 36 cents. The company also projected revenue of $185 million to $186 million, and its shares rose 12% to $46.77. Merger partner

Avant!

(AVNT)

was also up 12%.

Wild Oats Markets

(OATS)

, a seller of natural and organic foods, earned 3 cents a share in the first quarter on sales of $233 million. Analysts were expecting a loss of 3 cents. Merrill Lynch and RBC Capital Markets upgraded the stock following the news, and the stock was rising 24% to $13.40.

Winn-Dixie Stores

(WIN) - Get Report

was climbing more than 6% to $18.26 following news that the supermarket operator will close all 76 of its stores in Texas and Oklahoma, laying off 5,300 workers.

Losers

Bruker Daltonics

(BDAL)

was down 13% to $7.27 after the company released its first-quarter financial results. The company, which makes equipment for life sciences firms, earned 2 cents a share in the quarter, with revenue of $25.8 million.

Computer Network Technology

(CMNT)

was diving 20% to $7 following the company's projection that it will lose 10 cents to 15 cents a share in the first quarter. Analysts expect a profit of 4 cents. The maker of networking hardware and software products will likely report revenue of around $45 million, up 53% from the year-ago period, but down 26% from the fourth quarter.

Dov Pharmaceutical

(DOVP)

was under pressure again, falling 13% to $6.74. The stock has been dropping since its initial public offering last week at $13. Several shareholder lawsuits have been filed against Dov alleging that the company didn't disclose material information in the days before its IPO.

Ikon Office Solutions

(IKN)

was sliding 14% to $11.13 after the company said its IOS Capital unit plans to sell up to $300 million of convertible subordinated notes in a private placement.

Seitel

(SEI)

was plunging 36% to $5.75 after the company signed a nonbinding letter of intent to sell up to $20 million of common stock in a private placement at a discount to the current market price. Last week, Seitel said it wasn't in compliance with certain loan covenants. The company, a provider of seismic and geophysical data to oil companies, is selling the stock in hopes of strengthening its balance sheet and cash position. At least two shareholder lawsuits have been filed against the company.