Tuesday's Small-Cap Winners & Losers

Escala Group sinks.
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Escala Group


was tumbling 41% on news that the New York-based collectibles company will be delisted from the


Wednesday for failing to file some of its financials on time. The company has appealed the decision, but it won't be granted a delay. The company will now trade on the "pink sheets." Shares were falling $3.18 to $4.55.


(ELGX) - Get Report

shares gained 10% after the company, which makes medical equipment for the treatment of cardiovascular disease, said its fourth-quarter U.S. revenue more than doubled from a year ago to $4.1 million. Shares were climbing 32 cents to $3.55.



, which operates the Italian restaurant chain Buca di Beppo, rose on news of a 4% comparable-sales increase in the fourth quarter and a 3.8% gain in all of 2006. Shares of the Minneapolis-based company were up 42 cents, or 8.7%, to $5.25.

Altair Nanotechnologies


rose on word the Reno-based nanomaterial maker had received a $1 million order for its NanoSafe battery pack systems from California-based Phoenix Motors. The company also signed a multiyear agreement with Phoenix under which it will probably receive further orders valued between $16 million and $42 million. The initial order will ship in February and March. Shares were trading up 20 cents, or 8%, to $2.70.



was higher after privately held PrairieWave Communications agreed to buy the company for $255 million. The West Point, Ga., wireless-communications company was rising 72 cents, or 6.8%, to $11.27.


Stage Stores

(SSI) - Get Report

, a department-store operator, announced a 3-for-2 stock split and set plans to buy back up to $50 million worth of its shares. Stage also said it will likely bring in 2007 revenue between $1.61 billion and $1.64 billion, above the $1.57 billion consensus. Earnings per share, which reflect the stock split, are expected at $1.47 to $1.57. Shares were adding $2.85, or 9.6%, to $32.48.



plummeted after Venezuelan President Hugo Chavez said he would put the telecom company under government control.


(VZ) - Get Report

owns a quarter of the Venezuelan firm. CanTV shares were sinking $4.58, or 27%, to $12.26.

Spectrum Control


sank after the electronics-systems maker posted disappointing fiscal fourth-quarter earnings. The Fairview, Pa., company nearly doubled its profits to $2 million, or 15 cents a share, from $1.1 million, or 8 cents a share, a year ago, but the results fell short of the company's prior guidance. Revenue, at $35 million, represents a 38% climb and beat Spectrum's previous forecast by $1 million. Shares were down 97 cents, or 9%, to $9.78.