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HEADLINE STOCKS-U.S. small/midcap stocks on the move on Oct 27

Tue Oct 27, 2009 2:19pm EDT

Stocks

   

(Updates to afternoon trading; adds China Technology, PrivateBancorp, Carter's) (For large-cap stocks on the move, click on [WATCH/US])

Oct 27 (Reuters) - Some small and midcap stocks on the move on Tuesday:

CHINA TECHNOLOGY DEVELOPMENT GROUP (CTDC.O), $4.66, up 27 pct

The company said it has agreed to acquire a majority stake in an on-grid solar power business. [ID:nWNAB4833]

PRIVATEBANCORP INC (PVTB.O), $9.91, down 17 pct

At least three brokerages cut their price targets after disappointing quarterly results. [ID:nBNG523644]

CARTER'S INC (CRI.N), $21.28, down 25 pct

The company, which was scheduled to report third-quarter results on Tuesday, said it was delaying the release. [ID:nWNAB4936]

DRYSHIPS INC (DRYS.O), $6.43, down 7 pct

The company said it does not have contracts for its drillships under construction as of now. [ID:nBNG530057]

MICROVISION INC (MVIS.O), $4.38, up 10 pct

The company said it received an order for its SHOWWX laser-based pico projector from a mobile phone operator. [ID:nBNG526956]

HILAND PARTNERS LP HLND.O, $9.83, up 26 pct

HILAND HOLDINGS GP, LP HPGP.O, $3.15, up 31 pct

The companies said they were considering a proposal to increase the merger consideration payable to both companies' unitholders. The proposal would raise the payment to Hiland Partners holders to $10.00 per common unit from $7.50, and to Hiland Holdings holders to $3.20 from $2.40.

WINN-DIXIE STORES INC (WINN.O), $12.08, down 9 pct

The company posted a wider quarterly loss and gave a weak 2010 outlook. [ID:nBNG517552]

ZORAN CORP (ZRAN.O), $9.01, down 11 pct

The company reported a quarterly profit that beat market estimates but gave a lower-than-expected outlook for the fourth quarter. [ID:nBNG27649]

AMERICAN CAPITAL AGENCY CORP (AGNC.O), $26.38, down 6 pct

The company priced its offering of 5 million shares at $26.60, below Monday's close of $28.14. [ID:nWEN5397]

AMCORE FINANCIAL (AMFI.O), $0.80, down 36 pct

The troubled lender posted its seventh straight quarterly loss, and said it was undercapitalized and was also in breach of a credit line. [ID:nBNG93427]

LIFE TECHNOLOGIES CORP (LIFE.O), $49.14, up 4 pct

The company posted a higher-than-expected quarterly profit and raised its 2009 earnings forecast. [ID:nBNG481700]

TENNANT CO (TNC.N), $31.23, up 9 pct

The company, which makes floor cleaning products, reported third-quarter results above market estimates, and raised its full-year earnings outlook. [ID:nWNAB4880]

CARPENTER TECHNOLOGY CORP (CRS.N), $23.37, up 9 pct

The specialty alloy producer swung to a quarterly loss, hurt by low demand across segments and high pension expense. [ID:nBNG518339]

SCHNITZER STEEL INDUSTRIES INC (SCHN.O), $47.89, down 6 pct

The company posted a better-than-expected quarterly profit, but sales declined on lower selling prices and volumes. [ID:nWNAB4860]

INSULET CORP (PODD.O), $10.58, up 18 pct

Shares of the insulin pump maker were up, a day after it posted a wider quarterly loss but raised its full-year revenue view, prompting at least one brokerage to raise its price target on the stock. [ID:nBNG512529]

AMEDISYS INC (AMED.O), $40.27, down 7 pct

The provider of home health-care and hospice services posted a quarterly profit that edged past analysts' estimates, and it reaffirmed its forecast for the year. [ID:nBNG86230]

HERTZ GLOBAL HOLDINGS (HTZ.N), $10.22, up 6 pct

The company raised its full-year guidance. [ID:nWNAB4530]

ICONIX BRAND GROUP INC (ICON.O), $12.35, down 8 pct

The company's third-quarter results beat market estimates. [ID:nBNG382995]

POOL CORP (POOL.O), $21.00, down 9 pct

The company's third-quarter results missed Wall Street expectations and it trimmed its full-year earnings forecast. [ID:nBNG521831]

SCIENTIFIC GAMES CORP (SGMS.O), $14.10, down 20 pct

The company reported third-quarter results on Monday and said its chief executive would retire at the end of 2009. [ID:nWNAB4411] (Reporting by Jennifer Robin Raj in Bangalore)



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