Loud Technologies, Inc. leads Thursday small-cap percentage gainers
Specialty starch maker Penford Corp. (Nasdaq: PENX) announced its third-quarter profit more than doubled. The Centennial, Colo.-based company reported a $5 million profit, or $0.54 per share, for the third quarter ended May 31, compared with a $2 million profit, or $0.22 per share, in the same period of 2006.
Casual and golf apparel maker Hartmarx Corp. (NYSE: HMX) said its quarterly earnings rose 39% on a year-over-year basis, beating Wall Street projections. The Chicago-based company reported a $5.4 million profit, or $0.15 per share, compared with a profit of $3.9 million, or $0.10 per share, a year earlier.
Ceragon Networks Ltd. (Nasdaq: CRNT) reported that cell phone provider Digitel Mobile Philippines chose Ceragon for Digitel’s network expansion efforts. The Digitel order will bring Ceragon more than $2 million.
Hidary Group announced it increased its offer to acquire the legendary boxing and athletic equipment company Everlast Worldwide Inc. (Nasdaq: EVST) to $30.55 per share from $26.50 per share.
Miami-based Astar Air Cargo Holdings announced it has made an offer of $7.75 per share for ABX Air, Inc. (Nasdaq: ABXA). The offer is a 7% premium from Wednesday’s closing price.
Verenium Corp. (Nasdaq: VRNM) reported it is a member of a team that won a bid from the Department of Energy for a $125 million bioenergy research center.
These are the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $500 million:
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