International Business News Blogs - Small Cap News Movers http://www.ibtimes.com/blogs/rss/sections/small-cap-news-movers.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/blogs/rss/sections/small-cap-news-movers.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif Starbucks Corporation (NASDAQ: SBUX) and Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR) today announced a strategic relationship for the manufacturing, marketing, distribution and sale of Starbucks® and Tazo® tea branded K-Cup® portion packs for use in GMCR’s Keurig® Single-Cup brewing system. The new relationship will provide owners of Keurig Single-Cup Brewers with the additional choice afforded by having Starbucks branded super-premium coffees available for their brewers. GMCR closed at $61.71, up 41.4%, on 42,205,281 traded shares. http://www.ibtimes.com/articles/20110310/small-cap-news-movers-for10-11.htm http://www.ibtimes.com/blogs/articles/24715/20110310/small-cap-news-movers-for10-11.htm Thu, 10 Mar 2011 16:29:49 EST Accuray (NASDAQ: ARAY) and TomoTherapy Inc. (NASDAQ: TOMO) today announced that they have signed a definitive agreement under which Accuray will acquire TomoTherapy for $4.80 per share in cash and stock, or a total of approximately $277 million. The transaction combines the best-in-class technologies from two high-growth companies to create the premier radiation oncology company. he companies currently serve complementary patient populations that are treated by the same medical specialty. TOMO closed at $4.57, up 24.52%, on 19,052,063 traded shares. http://www.ibtimes.com/articles/20110307/small-cap-news-movers-for7-11.htm http://www.ibtimes.com/blogs/articles/24579/20110307/small-cap-news-movers-for7-11.htm Mon, 07 Mar 2011 16:03:49 EST Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) today announced it has entered into a definitive agreement to be acquired through a cash tender offer at $24.25 per share by an affiliate of Ares Management LLC, in a transaction with a total value of approximately $315 million, including the assumption of debt and prior to expenses. Under the terms of the agreement, which was approved by GTEC’s Board of Directors, the tender offer is not subject to any financing contingencies. http://www.ibtimes.com/articles/20110303/small-cap-news-movers-for3-11.htm http://www.ibtimes.com/blogs/articles/24482/20110303/small-cap-news-movers-for3-11.htm Thu, 03 Mar 2011 16:26:53 EST Amerigon Inc. (NASDAQ: ARGN) today announced that it had entered into a purchase agreement with shareholders representing 75.6 percent of the voting shares of W.E.T. Automotive Systems (W.E.T.), a publicly-traded German company located in Odelzhausen, Germany. Under the terms of the agreement, Amerigon would purchase all of the shares held by such shareholders at a price of euro 40 per share (or $55 per share at a euro/$1.37 exchange rate). The stock closed at $13.64, up 17.79%, on 2,743,439 volume. http://www.ibtimes.com/articles/20110228/small-cap-news-movers-for28-11.htm http://www.ibtimes.com/blogs/articles/24326/20110228/small-cap-news-movers-for28-11.htm Mon, 28 Feb 2011 16:23:21 EST 3D Systems Corp. (NASDAQ: TDSC) announced today that it earned 40 cents per share, fully diluted, for the fourth quarter of 2010 on a 42% revenue increase and a 400 basis point gross profit margin expansion compared to the fourth quarter of 2009. The company’s quarterly and annual earnings per share benefitted by 5 cents per share from releasing a portion of its valuation allowance on deferred tax assets. The stock closed at $49.36, up 40.43%, on 974,813 volume. http://www.ibtimes.com/articles/20110217/small-cap-news-movers-for17-11.htm http://www.ibtimes.com/blogs/articles/24012/20110217/small-cap-news-movers-for17-11.htm Thu, 17 Feb 2011 16:47:04 EST Threshold Pharmaceuticals, Inc. (NASDAQ: THLD) today announced that the Company reached agreement with the U.S. Food and Drug Administration (FDA) on a Special Protocol Assessment (SPA) for a Phase 3 randomized trial of TH-302 in patients with soft tissue sarcoma. This pivotal trial is expected to begin in the middle of 2011, and will enroll patients with metastatic or locally advanced unresectable soft tissue sarcoma who have not previously received chemotherapy outside the adjuvant or neoadjuvant setting. The stock closed at $2.75, up 57.14%, on 8,208,773 volume. http://www.ibtimes.com/articles/20110216/small-cap-news-movers-for16-11.htm http://www.ibtimes.com/blogs/articles/23946/20110216/small-cap-news-movers-for16-11.htm Wed, 16 Feb 2011 16:40:50 EST China Technology Development Group Corporation (NASDAQ: CTDC) announced today that the Board of Directors has appointed Mr. Liao Lin-Hsiang as the Chief Operating Officer and Mr. Bruno Diaz Herrera as Chief Technology Officer of the Company effective from December 13, 2010. Mr. Liao Lin-Hsiang, the Chief Operating Officer, will be responsible for operation management of the Company and its subsidiaries. Mr. Bruno Diaz Herrera, the Chief Technology Officer, will be responsible for the technology management, product development and R&D strategy. The stock closed at $2.49, up 18.00%, on 434,310 traded shares. http://www.ibtimes.com/articles/20101214/small-cap-news-movers-for-12-14-10.htm http://www.ibtimes.com/blogs/articles/22140/20101214/small-cap-news-movers-for-12-14-10.htm Tue, 14 Dec 2010 17:04:23 EST Conn’s, Inc. (NASDAQ: CONN) today announced its operating results for the quarter ended October 31, 2010. Retail gross margin increased to 25.2% for the quarter, as compared to 22.4% for the same period in the prior fiscal year. Retail segment loss before income taxes was $2.2 million for the quarter, as compared to a loss of $19.2 million for the same quarter in the prior fiscal year. The prior year loss included a goodwill impairment charge of $9.6 million and a $4.1 million litigation reserve adjustment. The stock closed at $4.46, up 38.08%, on 1,285,143 traded shares. http://www.ibtimes.com/articles/20101202/small-cap-news-movers-for-1210.htm http://www.ibtimes.com/blogs/articles/21824/20101202/small-cap-news-movers-for-1210.htm Thu, 02 Dec 2010 16:46:48 EST Astrotech Corporation (NASDAQ: ASTC) today announced that its Astrotech Space Operations subsidiary has won a fully-funded task order under the $35 million Vandenberg Air Force Base (VAFB) indefinite delivery, indefinite quantity (IDIQ) contract. The Company will provide facilities and payload processing services from its VAFB location in support of NASA’s National Polar-orbiting Operational Environmental Satellite System (NPOESS) Preparatory Project (NPP) mission scheduled to launch October 25, 2011. The stock closed at $1.47, up 45.54%, on 5,246,346 traded shares. http://www.ibtimes.com/articles/20101123/small-cap-news-movers-for-11-23-10.htm http://www.ibtimes.com/blogs/articles/21616/20101123/small-cap-news-movers-for-11-23-10.htm Tue, 23 Nov 2010 21:56:06 EST Apricus Biosciences, Inc. (NASDAQ: APRI) today announced that it has filed the protocol for a proposed Phase 3 clinical trial of PrevOnco™, its proprietary treatment for hepatocellular carcinoma (liver cancer), with the U.S. Food and Drug Administration (FDA). The FDA will review the protocol under its Special Protocol Assessment (SPA) program, under which the FDA would give approval for the trial’s design, clinical endpoints and statistical analysis. The Phase 3 study is expected to take about 12-24 months depending on the recruitment of patients. The stock closed at $3.35, up 24.07%, on 7,622,966 traded shares. http://www.ibtimes.com/articles/20101122/small-cap-news-movers-for-11-22-10.htm http://www.ibtimes.com/blogs/articles/21570/20101122/small-cap-news-movers-for-11-22-10.htm Mon, 22 Nov 2010 23:18:56 EST Cost Plus, Inc. (NASDAQ: CPWM) today announced financial results for its third quarter ended October 30, 2010 and provided financial guidance for the fourth quarter of fiscal 2010. Net sales for the third quarter of fiscal 2010 were $194.6 million, a 7.3% increase from $181.4 million for the third quarter of fiscal 2009. Same store sales for the quarter increased 8.8% compared to a decrease of 9.1% last year. Net loss for the third quarter of fiscal 2010 was $8.3 million or $0.38 per diluted share compared to a net loss of $22.1 million or $1.00 per diluted share for the third quarter of fiscal 2009. The stock closed at $7.24, up 35.07%, on 2,017,882 traded shares. http://www.ibtimes.com/articles/20101119/small-cap-news-movers-for-11-19-10.htm http://www.ibtimes.com/blogs/articles/21528/20101119/small-cap-news-movers-for-11-19-10.htm Fri, 19 Nov 2010 16:14:55 EST Allegheny Technologies Incorporated (NYSE: ATI) and Ladish Co., Inc. (NASDAQ: LDSH) today announced that they have entered into a definitive merger agreement whereby ATI will acquire Ladish for an aggregate fully distributed equity value of approximately $778 million. Ladish shareholders will receive $24.00 in cash and 0.4556 of a share of ATI common stock for each share of Ladish common stock. The transaction is subject to normal closing conditions, including approval by Ladish shareholders, and is expected to be completed in early 2011. The stock closed at $45.41, up 54.82%, on 7,491,560 traded shares. http://www.ibtimes.com/articles/20101117/small-cap-news-movers-for-11-17-10.htm http://www.ibtimes.com/blogs/articles/21486/20101117/small-cap-news-movers-for-11-17-10.htm Wed, 17 Nov 2010 16:45:23 EST Telestone Technologies Corp. (NASDAQ: TSTC) today announced its financial results for its third quarter ended September 30, 2010. For the three months ended September 30, 2010 Telestone revenues increased 128.2% to $43.1 million. Operating income in the third quarter of 2010 grew 155.8% to $14.1 million, with operating margin expanding 360 basis points to 32.7%. For the three months ended September 30, 2010, net income of $12.1 million represented an increase of 184.0% from the same period in 2009. The stock closed at $14.80, up 23.13%, on 2,065,352 traded shares. http://www.ibtimes.com/articles/20101115/small-cap-news-movers-for-11-15-10.htm http://www.ibtimes.com/blogs/articles/21401/20101115/small-cap-news-movers-for-11-15-10.htm Mon, 15 Nov 2010 16:09:37 EST TKH Group N.V. and Optelecom-NKF, Inc. (NASDAQ: OPTC) today announced that they have entered into a definitive merger agreement for a subsidiary of TKH to acquire all of the outstanding shares of Optelecom-NKF in an all cash merger transaction for $2.45 per share. The per share consideration represents a premium of 59.1 percent over Wednesday, November 10, 2010’s closing price on the NASDAQ Capital Market of $1.54 and a premium of 72.7 percent over Optelecom-NKF’s average closing share price on the NASDAQ Capital Market over the past thirty trading days. The stock closed at $2.38, up 50.25%, on 1,614,082 traded shares. http://www.ibtimes.com/articles/20101111/small-cap-news-movers-for-11-11-10.htm http://www.ibtimes.com/blogs/articles/21333/20101111/small-cap-news-movers-for-11-11-10.htm Thu, 11 Nov 2010 16:28:53 EST Sanofi-aventis (NYSE: SNY) and BMP Sunstone Corporation (NASDAQ: BJGP) announced today that they have entered into a definitive agreement under which sanofi-aventis is to acquire all outstanding shares of BMP Sunstone for cash consideration of USD 10 per share, or a total of approximately USD 520.6 million on a fully diluted basis. The acquisition is to be structured as a merger of BMP Sunstone and a wholly-owned subsidiary of sanofi-aventis. The stock closed at $9.83, up 28.33%, on 8,963,753 traded shares. http://www.ibtimes.com/articles/20101028/small-cap-news-movers-for-10-28-10.htm http://www.ibtimes.com/blogs/articles/20970/20101028/small-cap-news-movers-for-10-28-10.htm Thu, 28 Oct 2010 16:21:40 EDT Silicon Image, Inc. (NASDAQ: SIMG) today reported financial results for its third quarter ended September 30, 2010. Revenue for the third quarter of 2010 was $60.5 million, compared to $44.6 million for the second quarter of 2010 and $37.2 million for the third quarter of 2009. Revenue for the third quarter of 2010 includes the benefit of a $7.5 million royalty revenue catch-up. GAAP net income for the third quarter of 2010 was $9.5 million, or $0.12 per diluted share, compared to net income of $1.8 million, or $0.02 per diluted share, for the second quarter of 2010. The stock closed at $6.18, up 35.82%, on 12,215,472 traded shares. http://www.ibtimes.com/articles/20101027/small-cap-news-movers-for-10-27-10.htm http://www.ibtimes.com/blogs/articles/20932/20101027/small-cap-news-movers-for-10-27-10.htm Wed, 27 Oct 2010 16:07:59 EDT Entegris, Inc. (NASDAQ: ENTG) today reported its financial results for the Company’s third quarter ended October 2, 2010. The Company recorded third-quarter sales of $178.2 million, an increase of 61 percent over the prior year, and 6 percent sequentially. Net income was $22.4 million, or $0.17 per diluted share. These results included amortization of intangible assets of $2.8 million. Non-GAAP earnings per share of $0.18 in the third quarter of 2010 compared to a loss per share of $0.02 in the third quarter a year ago. The stock closed at $6.06, up 19.29%, on 6,994,572 traded shares. http://www.ibtimes.com/articles/20101026/small-cap-news-movers-for-10-26-10.htm http://www.ibtimes.com/blogs/articles/20898/20101026/small-cap-news-movers-for-10-26-10.htm Tue, 26 Oct 2010 17:17:24 EDT Astea International Inc. (NASDAQ: ATEA) announced that a world-leading provider of telecommunications network solutions has selected the Astea Alliance solution suite to automate, mobilize and optimize their global field service operations. As telecommunication organizations continue to expand their service offerings for increased revenue and differentiation, they are quickly recognizing that a solution that can support the full spectrum of service lifecycle management (SLM) is mission-critical. The stock closed at $2.99, up 61.62%, on 284,997 traded shares. http://www.ibtimes.com/articles/20101025/small-cap-news-movers-for-10-25-10.htm http://www.ibtimes.com/blogs/articles/20856/20101025/small-cap-news-movers-for-10-25-10.htm Mon, 25 Oct 2010 16:34:32 EDT PC Connection, Inc. (NASDAQ: PCCC) will release its third quarter 2010 operating results after close of market on Tuesday, November 2, 2010. The Company will report a 32% increase in net sales, and a nearly 200% increase in earnings year over year for the three months ended September 30, 2010. Net sales were $533 million for the quarter, compared to $403 million for the three months ended September 30, 2009. The Company will report net income in the range of $8.0 million to $8.6 million for the quarter, or $.30 to $.32 per share, compared to $2.9 million, or $.11 per share for the corresponding prior year quarter. The stock closed at $8.15, up 17.77%, on 282,474 traded shares. http://www.ibtimes.com/articles/20101022/small-cap-news-movers-for-10-22-10.htm http://www.ibtimes.com/blogs/articles/20810/20101022/small-cap-news-movers-for-10-22-10.htm Fri, 22 Oct 2010 16:39:38 EDT Vera Bradley, Inc. (NASDAQ: VRA) announced today that it has priced its initial public offering of 11,000,000 shares of its common stock at $16.00 per share. Vera Bradley has agreed to sell 4,000,000 shares and selling shareholders have agreed to sell 7,000,000 shares. The shares were listed on the Nasdaq Global Select Market under the symbol “VRA” and began trading today. In addition, the underwriters have a 30-day option to purchase up to 1,650,000 additional shares from the selling shareholders at the initial public offering price to cover over-allotments, if any. The stock closed at $24.85, up 55.31%, on 8,713,306 traded shares. http://www.ibtimes.com/articles/20101021/small-cap-news-movers-for-10-21-10.htm http://www.ibtimes.com/blogs/articles/20772/20101021/small-cap-news-movers-for-10-21-10.htm Thu, 21 Oct 2010 16:54:05 EDT