Methode Electronics ( METH) jumped on fourth-quarter profits of $4.7 million, or 13 cents a share, that powered past the 9-cent estimates from Thomson Financial. Last year the Chicago-based company earned just $2.8 million, or 8 cents a share. Sales climbed 11% to $105.4 million, which beats estimates by about $5 million. Shares were rising $1.46, or 13.8%, to $12.08.

Advocat ( AVCA), a Tennessee-based nursing-home-services company, saw a steep income drop to $2.3 million, or 37 cents a share, compared with $12.9 million, or $1.99 a share, a year ago. Revenue was up slightly to $55.8 million and just topped the only analyst's $54.3 million estimate, but per-share profits fell short by 26 cents.

The company also made room for continuing-operations losses in its 2007 guidance, expecting its bottom line to range between a per-share loss of 8 cents and earnings of a penny; the analyst is calling for a 58-cent per-share profit. Revenue should range between $221 million and $228 million, which is in line. Shares were losing $4.58, or 26.9%, to $12.42.

Gulf Island Fabrication ( GIFI) plummeted after the Houma, La.-based company, which makes structures for the oil and gas industry, widely missed fourth-quarter estimates. Profits rose year over year to $3.7 million, or 26 cents a share, on $76 million in revenue, but Wall Street was looking for 53 cents a share. A year ago, Gulf Island earned $2.7 million, or 22 cents a share. Its stock was falling $8.55, or 23.8%, to $27.39.

San Diego's AMN Healthcare Services ( AHS) projected next-quarter earnings of 21 cents to 23 cents a share, which would miss the consensus by at least 3 cents; full-year profits are pegged at $1.10 to $1.14 a share, at least a nickel under the mean. Fourth-quarter and full-year revenue estimates, respectively at $282 million to $284 million and $1.18 billion to $1.2 billion, are about in line.

In its most recent quarter, meanwhile, the health-professional recruiter posted per-share income of 29 cents -- which, stripping out a 5-cent one-off benefit related to its professional liability insurance reserve, flat-lines with last year's 24-cent profit. Analysts were looking for 23 cents a share. Revenue was up 28% from last year to $283.5 million, scraping past the $279.6 million estimates. Shares were losing $3.84, or 13.8%, to $23.91.

Rubicon Minerals ( RBY) was lower after the Canada-based gold miner said it will sell $15 million in shares and warrants -- two-thirds to Rob McEwan, Goldcorp's former CEO, and the rest to third-party investors -- in order to finance several new land positions. The company first announced this plan Monday, though it mentioned only McEwan's investment. Shares were sinking a dime, or 7.1%, to $1.30.

Noven Pharma ( NOVN) posted higher product sales of $13.6 million, but they missed the $17 million Street estimates. Income was also up to $7.1 million, or 29 cents a share, from 25 cents a share last year, and this beats estimates by 6 cents. Still, shares of the Miami-based company were down $2.51, or 9.9%, to $22.90.

Handleman ( HDL) lost ground after the Troy, Mich., distributor of prerecorded music and video-game products suspended its 8-cent per-share dividend, citing a need to protect its balance sheet as it expands operations. Shares were off 69 cents, or 9.1%, to $6.91.

AFC Enterprises ( AFCE), which operates the Popeyes fast-food chain, slipped on word CEO Kenneth Keymer will leave the company on March 30. Frederick Beilstein, who has previously served as AFC chief financial officer, will replace him in the interim. In addition, chief development officer James Lyons will assume the newly created role of chief operating officer. The Atlanta-based company was easing by 68 cents, or 4%, to $16.45.

Star Scientific ( STSI) receded on news Maryland's U.S. District Court has delayed ruling on the company's inequitable conduct claims (misrepresentations during patent proceedings) in its patent infringement suit against R.J. Reynolds Tobacco ( RAI) until sometime this month. Star Scientific stock took a nosedive in late January after essentially losing its case against R.J. Reynolds. Chester, Va.-based Star Scientific was down 4 cents, or 3.6%, to $1.08. R.J. Reynolds' parent company Reynolds American was recently dipping 49 cents to $59.90.

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