Jim Cramer Blog

Symbol
Name
Last Trade
Change
Volume
Related Info
IDMI
IDM PHARMA INC
9.70 10:12AM ET
4.45 (84.76%)
799,815
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BIOV
BIOVERIS CORP
13.60 Apr 3
0.00 (0.00%)
0
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AIH
ABLEST INC
10.75 10:07AM ET
3.35 (45.27%)
3,500
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NGEN
NANOGEN INC
1.69 10:12AM ET
0.43 (34.13%)
4,825,646
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MCF
CONTANGO OIL & GAS
28.60 10:06AM ET
7.22 (33.77%)
136,800
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PSDV
PSIVIDA LIMITED
2.62 10:12AM ET
0.58 (28.43%)
989,052
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OPXA
OPEXA THERAPEUTICS
5.52 10:10AM ET
0.21 (3.95%)
22,998
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ASTIW
ASCENT SOLAR TECH
2.59 10:12AM ET
0.41 (18.92%)
29,993
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BTH
BLYTH INC S2
24.64 10:07AM ET
3.29 (15.41%)
152,300
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MDII
MDI INC
1.2499 10:10AM ET
0.1499 (13.63%)
669,339
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OICO
OI CP
13.36 10:01AM ET
1.92 (16.78%)
19,965
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MAMA
MAMMA.COM INC
5.30 10:12AM ET
0.66 (14.32%)
2,867,411
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RBN
ROBBINS & MYERS INC
42.33 10:07AM ET
4.17 (10.93%)
300,900
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CYTR
CYTRX CP
5.16 10:12AM ET
0.59 (12.91%)
4,914,679
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GMO
IDAHO GEN MINES INC
5.5945 10:07AM ET
0.6045 (12.11%)
370,700
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MWAV
M-WAVE INC
3.28 9:30AM ET
0.03 (0.92%)
650
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VIR
VIRCO MFG CP
7.70 10:06AM ET
0.86 (12.57%)
13,300
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BGH
BUCKEYE GP HOLDINGS
22.634 10:06AM ET
2.204 (10.79%)
196,900
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HINTW
HILL INTERNATIONL WT
2.75 10:07AM ET
0.25 (10.00%)
25,300
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MTSL
MER TELEMGT SOL
1.65 9:47AM ET
0.15 (10.00%)
100
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Labels: AIH, ASTIW, BGH, BIOV, BTH, CYTR, GMO, IDMI, MAMA, MCF, MDII, MTSL, MWAV, NGEN, OICO, OPXA, PSDV, RBN

Arqule Inc. (NasdaqGM:ARQL - News) shares rose 6.7% Thursday after the company was initiated with a buy rating at WR Hambrecht & Co.
Bon-Ton Stores Inc. (NasdaqGS:BONT - News) shares surged 16% after the York, Pa., retailer reported that February sales tripled and comparable-store sales rose nearly 14.6%. A survey of analysts by Thomson Financial produced a consensus estimate of same-store sales down 2%. Total sales reached $237.6 million from $72.2 million, reflecting $153.4 million from Carson's and Parisian stores acquired in 2006. Carson's sales aren't included in the comparable-store-sales figure. Bon-Ton said that Carson's comparable-store sales for the period increased 7.2%, while the combined Carson's and Bon-Ton comparable sales advanced 9.8%.
California Coastal Communities (NasdaqGM:CALC - News) shares gained 8.7% after the company was upgraded to market outperform from market perform at JMP Securities.
Catalina Marketing (NYSE:POS - News) shares rose 5.5% after the company agreed to be acquired by ValueAct Capital for $1.7 billion, including the assumption of about $135 million in debt. The deal values shares of Catalina, a St. Petersburg, Fla., promotional messaging company, at $32.10 each in cash, compared to the stock's close on Wednesday at $29.85, down 4.1%. The agreement allows Catalina to solicit and entertain alternative acquisition proposals from third parties for the next 45 days. Catalina expects the transaction to close in the next several months.
CSP Inc. (NasdaqGM:CSPI - News) shares gained 15% after the Billerica, Mass.-based IT services provider reported fiscal first-quarter net income of $978,000, or 25 cents a share. In the same quarter last year, the company posted a net loss of $546,000, or 15 cents a share. Revenue rose to $21.1 million from $15.1 million.
Culp Inc. (NYSE:CFI - News) shares rose 5.9% after the company said its third quarter net loss widened slightly to $2.2 million from $2.17 million. The High Point, N.C.-based company's loss per share for the quarter was unchanged at 19 cents a share. Quarterly net sales fell to $55.7 million from $61 million.
Delphi (Other OTC:DPHIQ.PK - News) shares gained 8.8% after the company filed to issue nearly $2 billion worth of common stock to shareholders as a key step toward funding its emergence from bankruptcy. According to a filing with the Securities and Exchange Commission, the auto parts maker is offering current stockholders the right to buy 56,700,000 shares at $35 each.
Fred's Inc. (NasdaqGS:FRED - News) shares rose 6.5% after the company said its February sales at stores open at least one year rose 3.9%. Analysts, on average, had expected its same-store sales to rise 2%, according to Thomson First Call. Total sales for the four weeks ended March 3 rose 8% to $143.9 million.
KLA-Tencor (NasdaqGS:KLAC - News) shares rose 4% after Morgan Stanley upgraded the company to overweight from equal weight and lifted its price target to $65 from $60.
La Jolla Pharmaceutical Co. (NasdaqGM:LJPC - News) shares surged 31% after the company announced positive interim antibody results from its Phase II trial of Riquent, its drug candidate for systemic lupus erythematosus. The results showed a significant dose response when comparing all Riquent-treated patients to placebo-treated patients, the company said. "We are very excited by these results," said Deirdre Gillespie, president and chief executive, in a statement. "The higher the dose, the greater the reduction in antibodies to dsDNA, and the relative magnitude of these reductions is greater than we have seen in previous studies, which used lower doses of Riquent."
Mamma.com (NasdaqCM:MAMA - News) shares gained 19% after the company swung to a fourth-quarter profit on higher revenue as a result of an increase in search advertising revenue, new software licensing contracts and increase in customized development and maintenance support. The Montreal provider of Internet search services said it earned $420,000 or 3 cents a share in the latest quarter versus a loss of $763,000 or 6 cents a year earlier. Revenue rose to $3.6 million from $1.6 million last year.
Men's Wearhouse Inc. (NYSE:MW - News) shares gained 9.4% after the company said it expects first-quarter earnings between 63 cents and 67 cents a share, assuming same-store sales rise 1% to 2% in the U.S. and 5% to 6% in Canada. The Houston-based seller of men's apparel also expects to earnings between $2.80 and $2.91 a share for the fiscal year ending Feb. 2.
New York & Co. (NYSE:NWY - News) shares rose 16% after the company said same-store sales rose 2.7% in February. The average estimate of analysts polled by Thomson Financial was for growth of 2.1% for the month. Total sales for the four weeks ended March 3 increased 8.9% to $87.7 million from $80.6 million in the same period a year earlier.
Nighthawk Radiology Corp. (NasdaqGM:NHWK - News) shares gained 5.1% after the company was upgraded to market perform from underperform at Piper Jaffray.
Nucor Corp. (NYSE:NUE - News) shares rose 5.3% Thursday morning after the second-largest U.S. steel producer forecast strong first-quarter earnings and said shrinking steel stockpiles should support profits for the rest of the year.
Omni Energy Services Corp. (NasdaqGM:OMNI - News) shares leapt 17% after the company said it expects fiscal 2007 revenue of more than $175 million, an 80% increase over last year. Excluding certain tax benefits, the Carencro, La.-based company said it expects net income may rise as much as 70% to more than $17 million. Earnings before interest, taxes, depreciation and amortization could increase more than 60% to exceed $40 million, the company said. Additionally, Omni said it sees slightly improved gross profit margins for the year with the inclusion of a full-year's operations from its rental equipment division.
PriceSmart Inc. (NasdaqGM:PSMT - News) shares jumped 18% after the company said February same-store sales rose 21% over year-earlier levels. Total sales for the month rose 21% to $63.3 million from last year's $52.5 million.
RehabCare (NYSE:RHB - News) shares gained 7.7% after the company reported fourth-quarter earnings of $2.1 million, or 12 cents a share, on revenue of $182.2 million, up from a loss of $31.8 million, or $1.89 a share, in the same period a year earlier, on revenue of $123.4 million.
Resource Capital Corp. (NYSE:RSO - News) shares rose 6.8% after the company reported fourth-quarter earnings of $6.8 million, or 36 cents a share, up from a year-ago profit of $4.9 million, or 32 cents a share. The New York City real estate investment trust estimates that it will pay dividends of between $1.65 and $1.80 per common share.
Seattle Genetics (NasdaqGM:SGEN - News) shares gained 7% after the company was initiated with a buy rating at Caris & Co.
Zumiez Inc. (NasdaqGS:ZUMZ - News) shares climbed 14% after the company said its February sales at stores open at least a year increased 12.4%. Analysts, on average, expected the retailer to post a same-store sales increase of 7.1%, according to a survey by Thomson Financial. Total net sales for the four-week period ended March 3 increased 43.9% to $20.7 million, from $14.4 million for the four-week period ended Feb. 25, 2006.
Published By Michael Baron of MarketWatch

Labels: ARQL, BONT, CALC, CFI, CSPI, FRED, KLAC, LJPC, MAMA, MW, NHWK, NUE, NWY, OMNI, POS, PSMT, RHB, RSO, SGEN, ZUMZ

The trading week started with the major indexes rising, but the news wasn't positive for Nuvelo Inc.
Shares of the San Carlos, Calif., biotech drug maker plunged Monday after two trials of a blood thinner drug it was developing with Bayer HealthCare failed, and the companies suspended a second study.
Nuvelo shares plummeted as much as 82 percent after the news broke, bottoming out at a 52-week low of $3.35, after closing on the Nasdaq the previous Friday at $19.55. Shares recovered a bit, to close the session at $4.05, still down more than 79 percent on the session. Volume of more than 90 million shares was more than 176 times normal daily trading in the shares.
Shares continued to trade heavily through the rest of the week, with more than 33 million shares changing hands Tuesday and about half that Wednesday. The stock did not recover from Monday's blow, however, edging up just slightly to close the week at $4.16.
Tuesday, microcap Internet search engine Mamma.com caught investors' eyes, when it introduced a new video search function that offers features not found even on Google.com.
Shares of the Montreal-based company soared 80.6 percent to close at $4.28 on the Nasdaq, while volume surged to nearly 30 million shares, about 25 times normal trading. Shares closed Monday at $2.37.
The rally continued Wednesday as share gained as much as 10 percent before settling back down, as volume remained extraordinary. After edging back Thursday, the exuberance for Mamma.com shares returned to end the week with shares hitting a new 52-week high of $5.28, a 30 percent gain, before giving up some of the surge to end up 9.6 percent at $4.44. Volume again topped 26 million.
For the week, Mamma.com shares gained 87 percent.
Wednesday, news and rumors of industry consolidation sent airline shares flying high, with Midwest Air Group Inc. getting the biggest lift, after the Oak Creek, Wis. regional carrier received a hostile takeover bid from AirTran Holdings Inc.
Midwest rejected the $290 buyout offer, but AirTran said it won't give up its quest.
That was enough for investors to keep the shares aloft. After spiking up almost 28 percent, shares edged backed a bit to close Wednesday up $1.30, or 22.2 percent, at $11.10, from their prior day close at 9.08. Trading topped 2 million shares, more than 7 times normal daily volume.
Shares continued to trade heavily and gained 8.6 percent Thursday, but gave up some of the gain even as trading volume ebbed in Friday's session. Nevertheless, shares were up 29 percent since AirTran made its bid, closing the week at $11.72.
Thursday it was more takeover talk, as shares of Worthington Industries Inc. shot up on speculation the metal processing company may be a buyout target. There was no bid for the Columbus, Ohio, company, but at least one analyst said it would be an attractive buy in a consolidating industry.
The stock leaped as high as $21.36 before retreating a bit, to end the session up $2.02, or 11 percent, at $20.32 from their close Wednesday at $18.30. Volume was nearly seven times normal daily trading.
Trading remained about twice as heavy as normal Friday, a share gained 10 cents more to close the week at $20.42.
And Friday, Weyerhaeuser Co., gained nearly 4 percent from their prior day close of $69.49, in trading more than nine times normal, after the lumber and paper producer was upgraded to "Buy," by Deutsche Bank following an announcement it would close one sawmill in Washington and build a newer, more efficient plant.
The move was seen as part of a needed effort to revamp the Federal Way, Wash., company's operations.
Shares gained $2.44, or 3.5 percent, to close at $71.93 on the New York Stock Exchange, after matching their 52-week high of $75.50 earlier in the session, on volume of 14.5 million shares.

Labels: AAI, DB, MAMA, MEH, NUVO, WOR, WY

Epix Pharmaceuticals (NASDAQ:EPIX - News) shares soared 30% after it entered into a drug discovery and development pact with GlaxoSmithKline (NYSE:GSK - News). As part of deal, Epix will receive an upfront payment of $35 million, which includes $17.5 million from the sale of 3 million shares of its common stock. Epix will also be eligible for up to $1.2 billion for the achievement of certain milestones, and royalties on product sales.
Imperial Sugar Co. (NASDAQ:IPSU - News) shares jumped 15% after it reported that it swung to a fiscal fourth-quarter profit from a year-earlier loss and declared a $3 special dividend. For the quarter ended Sept. 30, Imperial earned $15.7 million, or $1.36 a share, compared with a loss of $20.3 million, or $1.92, in the year-earlier period. Continuing operations produced earnings of $1.34 compared with a loss of 26 cents. Sales reached $240.3 million, up 6.1% from $226.6 million. In a statement, Imperial said gross-profit margin widened to 15.5% from 4.7%, primarily because of higher sales prices, offset by higher energy, freight and raw-sugar costs. The special dividend, which comes in addition to the company's regular dividend, is payable Jan. 5 to holders of record Dec. 26. Looking ahead, Imperial said fiscal 2007 prices and margins probably will lag 2006 levels, offset partly by reduced raw-sugar and energy costs. The combination of factors leads the company to believe it can "maintain a profit outlook that is superior to historical averages," Imperial said.
Mama.com Inc. (NASDAQ:MAMA - News) shares surged 81% after the company said it's launched its video search engine in beta format in partnership with the Pixsy Media Search platform.
Shares of Nymox Pharmaceuticals (NASDAQ:NYMX - News) rose 8.3% after the company said it's developing NXC-4720 for the reduction of E-Coli contamination of food products. The company said studies have shown the NXC-4720 product "is capable of reducing the level of E. Coli O157:H7 contamination by over 99%."
Oriental Financial Group (NYSE:OFG - News) shares rose 7.1% after the company said it's repositioned its sale investment portfolio, making moves that it expects to increase its net interest income by about $16 million, or 67 cents a share, in 2007.
Sabre Holdings Corp. (NYSE:TSG - News) shares climbed 5% after it agreed to be acquired by private-equity firms Silver Lake Partners and Texas Pacific Group for about $5 billion, or $32.75 a share. The transaction includes the assumption of about $550 million of debt. The price represents a premium of 30% over the company's average closing share price during the 60 trading days ended Dec. 8, Sabre said. The Southlake, Texas-based travel-booking service said it doesn't expect changes to its current management team. The deal is expected to close in the second quarter of 2007, the company said.
Scotts Miracle-Gro Co. (NYSE:SMG - News) shares rose 5% after it said it plans to recapitalize its balance sheet and return $750 million to its shareholders. It plans to accomplish this through a Dutch auction tender offer for up to $250 million worth of its stock and a special one-time cash dividend for the balance of the program. The provider of consumer lawn and garden products expects to complete the recapitalization, including a new $2.1 billion credit facility, by March 31. Scotts also forecast pro forma net income growth of 11% to 13% for 2007 with sales tabbed to increase between 8% and 10%. It sees free cash flow of more than $165 million for the year.
Trailer Bridge Inc. (NASDAQ:TRBR - News) shares gained 8.5% after it said it's received a contract to the exclusive carrier to Puerto Rico for all new vehicles made by Ford Motor Co. (NYSE:F - News). Financial terms weren't disclosed although the company did say the deal would make Ford its largest customer in revenue terms.
-Marketwatch

Labels: EPIX, F, GSK, Hot Stocks, IPSU, MAMA, NYMX, OFG, SMG, TRBR, TSG

Montreal-based Internet search engine Mama.com Inc. said Tuesday that it posted a wider third-quarter loss, hurt by writedowns and settlement costs and lower sales.
Losses totaled $2.5 million, or 18 cents per share, compared with a year-ago loss of $1.5 million, or 13 cents per share, in the prior-year period. Results included writedowns and class action settlement costs amounting to 70 cents per share.
Its loss from continuing operations grew to $2.6 million, or 18 cents per share, from a loss of $574,314, or 5 cents per share.
Quarterly revenue declined 21 percent to $1.9 million from $2.4 million in the previous year on a slowdown in graphic advertising sales.

Labels: MAMA, mama.com, search engine