Shares of Dynamic Materials ( BOOM), a provider of metal plates, were leaping after it said fourth-quarter sales increased 16% from a year ago to $23.2 million. Earnings rose to $3.5 million, or 28 cents a share, from $2.3 million, or 20 cents a share, in the fourth quarter last year.

Additionally, Dynamic Materials declared a cash dividend of 15 cents a share, a 50% increase from the rate paid last year. The dividend will be paid March 22 to stockholders of record March 10. Dynamic Materials' shares were rising $3.39, or 11%, to $34.04.

Shanda Interactive's ( SNDA) shares were diving a day after the Chinese operator of online games posted fourth-quarter results that were short of expectations.

Shanda recorded a loss of $66.8 million, or 94 cents per American depositary share. The loss included an impairment charge totaling $64.6 million, or 90 cents per ADS, related to Shanda's 38% stake in a South Korean game company. Analysts expected earnings of 26 cents a share before the charge.

Revenue totaled $44.7 million, down 16% from a year earlier and well below Wall Street's projection of $59 million. The company's shares slid $3.16, or 18.7%, to $13.77.

Third Wave Technologies ( TWTI) saw its shares rise nearly 3% after it posted its latest fourth-quarter results. The company reported total revenue of $5.8 million and a loss of $5 million, or 12 cents a share, for the quarter ended Dec. 31, compared with a top line of $8.1 million and a loss of $4.7 million and 12 cents a share for the same period a year ago.

Third Wave, which develops molecular diagnostic reagents for a variety of DNA and RNA analysis applications, forecast total revenue of $23 million to $25 million for 2006. Shares were adding 8 cents to $3.10.

Applica's ( APN) shares were climbing after the company said it hired Banc of America Securities as its financial adviser to help it explore strategic alternatives.

Applica said its options could include a merger or sale of the company. Applica, a distributor of kitchen products, pest-control goods and pet-care merchandise, was higher by 16 cents, or 8.4%, to $2.06.

Schawk ( SGK) advanced after the company beat Wall Street's fourth-quarter earnings expectations. The company, a provider of digital-graphic services, posted a profit before integration costs of 37 cents a share in the quarter, 3 cents ahead of estimates.

Sales rose to $159.8 million for the fourth quarter from $59.6 million a year ago, primarily as a result of acquisitions. Shares of Schawk gained 77 cents, or 3.3%, to $24.45.

Fruit processor Fresh Del Monte ( FDP) lost nearly 8% after it fell short of analysts' fourth-quarter expectations. The company posted a loss of $3.5 million, or 6 cents a share, compared with a profit of $19.1 million, or 33 cents a share, a year ago. Excluding items, the company lost 2 cents a share in the quarter. Analysts were looking for a profit of 1 cent.

Sales for the fourth quarter dropped to $757.9 million from $818.2 million a year ago. Shares of Fresh Del Monte sank $1.75 to $20.55.

Anadigics ( ANAD) was lower following word the company plans to sell 9 million shares using a previously filed shelf-registration statement.

The maker of integrated circuits said the underwriters will have an option to purchase up to an additional 1.35 million shares to cover overallotments. Shares of Anadigics were losing 13 cents, or 2%, to $6.37.