February 5, 2010 5:13 PM

Small Cap News Movers for 2/5/10

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Kelly Services, Inc. (NASDAQ: KELYA) today announced results for the fourth quarter and year ended January 3, 2010. Revenue for the fourth quarter of 2009 totaled $1.2 billion, a 7% decrease compared to the corresponding quarter in 2008. On a sequential basis, fourth quarter revenue increased 14%, compared to the third quarter in 2009. Revenue for the full year totaled $4.3 billion, a 22% decrease compared to the prior year. Losses from operations for the fourth quarter of 2009 totaled $13.0 million, compared to losses from operations of $83.7 million reported for the fourth quarter of 2008. The stock closed at $15.89, up 19.92%, on 896,777 traded shares.

Accuray Incorporated (NASDAQ: ARAY) announced today that more than 12,000 courses of lung cancer treatment have been completed with CyberKnife radiosurgery. Usage of CyberKnife radiosurgery for lung cancer continues to grow, as illustrated by a 25 percent increase year over year in calendar year 2009. CyberKnife radiosurgery offers lung cancer patients a non-invasive means for treating their disease. The outpatient treatment is completed in five or fewer visits, and is both painless and non-surgical. The stock closed at $6.60, up 14.78%, on 874,532 traded shares.

China Agritech, Inc. (NASDAQ: CAGC) today announced that it effected a 2 for 1 forward split of its common stock on February 1, 2010 which will be reflected on NASDAQ beginning with trading on Monday, February 8, 2010. The effect of the forward split will be to increase the number of shares of common stock outstanding to approximately 17.3 million from the 8.7 million shares outstanding prior to the forward split. The stock closed at $31.21, up 13.66%, on 716,873 traded shares.

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