HEADLINE STOCKS-U.S. small/midcap stocks to watch on May 19

Wed May 19, 2010 9:14am EDT

(For large-cap stocks to watch, click on [WATCH/US])

May 19 (Reuters) - Some small and midcap stocks to watch on Wednesday:

GLOBAL SOURCES LTD (GSOL.O), $7.56, up 10 pct

The company shares rose after it reported first-quarter results and said the business conditions have improved notably for many of its customers.

DISCOVERY LABORATORIES INC (DSCO.O), $0.54, up 10 pct

The drug developer said it completed the revalidation of quality control and stability test of its drug to treat respiratory illness in infants. [ID:nSGE64I0K1]

CITI TRENDS INC (CTRN.O), $35.75, up 7 pct

The fashion apparel retailer posted better-than-expected first-quarter results, helped by better same-store sales, and raised its profit outlook for the full year. [ID:nSGE64I0JK]

CHICO'S FAS INC (CHS.N), $13.50, down 4.6 pct

The women's apparel retailer posted a quarterly profit that was in line with Wall Street estimates, helped by lower markdowns and better fashions. [ID:nN19150594]

(Reporting by Archana Shankar in Bangalore)

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