Office Depot ( ODP) saw its shares rising 1.1% on double its average trading volume after it reported a narrower fourth-quarter loss and beat expectations on adjusted earnings. The company posted a net loss of $57.8 million, or 21 cents per share, for the period that ended Dec. 25. A year earlier, it posted a loss of $76.7 million, or 28 cents per share. Excluding restructuring and other one-time charges, the company said it earned 9 cents per share. Analysts were expecting an adjusted loss of 3 cents per share. Clean Energy Fuels ( CLNE), Silicon Graphics ( SGI), Iridium Communications ( IRDM), Evergreen Energy ( EEE) and Hercules Offshore ( HERO) were among the other big small-cap winners on Tuesday's trading. --Written by Shanthi Bharatwaj in New York >To contact the writer of this article, click here: Shanthi Bharatwaj. >To follow the writer on Twitter, go to http://twitter.com/shavenk. >To submit a news tip, send an email to: email@example.com.
Zoran Corporation (Nasdaq:ZRAN) is trading at unusually high volume Thursday with 2.1 million shares changing hands. It is currently at 4.7 times its average daily volume and trading down 18 cents (-2.3%).
Shares of Netflix rise in afternoon trading following positive media reports, while RIM falls on news that Google's Android system replaced BlackBerry's OS as the top smartphone platform in the first quarter.
Shares of Zoran Corporation (Nasdaq:ZRAN) were gapping down Monday morning with an open price 11.2% lower than Friday's closing price. The stock closed at $9.58 yesterday and opened today's trading at $8.51.