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Thursday's Small-Cap Winners & Losers

Syntax-Brillian climbs on a new TV-manufacturing partnership.

Small-cap stocks saw mixed trading Thursday as more congressional testimony by

Federal Reserve

Chairman Ben Bernanke left investors hesitant.

Shares of



, 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.


C&D Technologies


, 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.

Milpitas, Calif.'s

Phoenix Technologies


saw shares rise 4.3% to $15.85. Roth Capital upgraded the developer of core system software for PCs and other devices to buy from hold.

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Access Integrated Tech


climbed 18.5% to $3.85. The Morristown, N.J.-based provider of integrated solutions for digital cinema announced it had extended the employment contract of CEO A. Dale Mayo through March 31, 2011.

On the losing side, Charleston, S.C.'s


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slipped 12% to $22.63. The company, which provides software products and services to nonprofits, was downgraded by Jeffries & Co. to underperform from buy.



, a technology company that develops color management systems for labels, textiles and other materials, issued downside first-quarter 2008 guidance. The Grand Rapids, Mich., company said it sees weaker economic conditions and market softness in the coming year and forecast a 3% year-over-year decrease in revenue for the quarter. Shares fell 17% to $5.31.

Finally, San Diego women's retailer

Charlotte Russe

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tumbled 5% to $17.05 after announcing a Dutch Auction offering of shares. The company said it expects to buy about 4.1 million shares for $73.4 million, or $18 a share. Charlotte Russe also said it estimates that about 9.4 million shares were tendered in the offer at $18 a share, resulting in a proration offer of about 44%.

More broadly, the Russell 2000 was recently up 0.2% at 713.89. The S&P SmallCap 600 was also up, 0.2% at 378.68.