Cimatron ( CIMT) shares more than doubled in value after the Israel-based company swung to a fourth-quarter profit of $557,000, or 7 cents a share, on revenue that climbed 11% from last year to $6 million. Shares were surging $1.68 to $3.08.

Lumera ( LMRA) soared some 33% after aeronautics-systems giant Lockheed Martin ( LMT) agreed to buy its high electro-optic activity materials under an agreement that's good until year-end. Lumera was gaining $1.23 to $4.88. Lockheed was recently adding 61 cents to $97.50.

China-based Tom Online ( TOMO) was riding high on word that its majority shareholder Tom Group bid to privatize the wireless-Internet company for $15.56 a share, or about $201 million. Shares of Tom Online were leaping $3.16, or 27.2%, to $14.78.

Wave Systems ( WAVX) advanced sharply on news that its security-management software has been used in Seagate Technology's ( STX) encrypting notebook-PC hard drives, which are currently being shipped to IT-distributor ASI Computer Technologies. Wave shares were gaining 42 cents, or 15.9%, to $3.06. Seagate was recently off a penny to $24.25.

Colorado-based chipmaker Ramtron International ( RMTR) jumped after Texas Instruments ( TXN) agreed to manufacture and commercialize its nonvolatile-ferroelectric RAM products. Financial terms weren't disclosed. Ramtron shares were adding 22 cents, or 7.9%, to $3. TI was up 13 cents to $32.59 in recent trading.

Storm Cat Energy ( SCU) tumbled after Friday's announcement that Chief Executive and President J. Scott Zimmerman had taken administrative leave for personal reasons. Chief Operating Officer Keith Knapstad will temporarily assume his roles. Shares of the Denver-based company were down 12 cents, or 11.1%, to 93 cents.

Spectrum Brands ( SPC) sank after Goldman Sachs and Bank of America agreed to loan the Atlanta-based gardening-products maker $1.6 billion by way of refinancing its existing credit facility. Shares were losing 51 cents, or 6.2%, to $7.70.

If you liked this article you might like

Lackluster Finish for U.S. Stocks

Lackluster Finish for U.S. Stocks

Stocks Continue to Waver at the Flat Line

Stocks Continue to Waver at the Flat Line

Oil Slides as Stocks Post a Mixed Showing

Oil Slides as Stocks Post a Mixed Showing

Stocks Flutter Near the Flat Line

Stocks Flutter Near the Flat Line

Wall Street Falls Amid Inflation Talk

Wall Street Falls Amid Inflation Talk