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Amkor, NetManage, Shutterfly: U.S. Small-Cap Equity Movers

The Russell 2000 Index had the biggest gain in two weeks, adding 1.9 percent to 729.75. The Standard & Poor's 500 Index (SPX), whose companies have a median market value 22 times larger than the Russell 2000, rose 1.7 percent. The stock indexes have declined 4.7 percent and 4 percent, respectively, this year.

Amkor Technology Inc. (AMKR) rose the most since October 2006, jumping 29 percent to $12.33. The world's second-largest chip packager predicted second-quarter profit as high as 36 cents a share, compared with a 29-cent average analyst estimate compiled from a Bloomberg survey.

Comsys IT Partners Inc. (CITP US) rose the most since October 2005, increasing 27 percent to $10.36. The company, which finds jobs for technology workers, forecast second-quarter profit in the range of 26 cents to 31 cents a share, higher than the 21- cent estimate of two analysts surveyed by Bloomberg.

Gold Reserve Inc. (GRZ) fell 14 percent to $2.38, the lowest since November 2005. JPMorgan Chase & Co. analyst John Bridges downgraded the miner to ``neutral'' from ``overweight.'' Gold Reserve tumbled 24 percent yesterday after saying Venezuela will rescind its development permit for its Brisas copper and gold mine.

Graftech International Ltd. (GTI) rose 10 percent to $21.68, the highest price since February 2000. The maker of products used in steel and aluminum production reported first- quarter sales and profit that exceeded analyst estimates.

ICT Group Inc. (ICTG) had the biggest decline since March 2007, losing 13 percent to $9.52. The provider of telemarketing and call-center operations reported a first-quarter loss of 6 cents a share. That's bigger than the 5-cent loss estimated by analysts surveyed by Bloomberg.

Itron Inc. (ITRI) gained 4.2 percent to $96.99 for its biggest increase since April 23. The largest U.S. maker of electric-utility meters said yearly profit may be as high as $3.45 a share, more than the average analyst estimate of $3.36 a share from a Bloomberg survey.

LKQ Corp. (LKQ) rose the most since March 20, gaining 5.1 percent to $22.86. The largest U.S. provider of recycled auto parts reported first-quarter sales and profit that exceeded analyst estimates and said it expects to earn 75 cents to 79 cents a share this year, compared with an earlier forecast of 73 cents to 77 cents.

Micros Systems Inc. (MCRS) slid 16 percent, its biggest decline since September 2001, to $29.91. The maker of computer terminals and software for restaurants, casinos and hotels forecast fiscal 2008 sales and profit lower than the average analyst estimates.

NetManage Inc. (NETM US) surged 67 percent to $6.94, the biggest gain since Dec. 12. The maker of software to improve older computer systems agreed to be acquired by Micro Focus International Plc (MCRO) of England for $73.3 million, or $7.20 a share, a 73 percent premium to its April 30 closing price of $4.15.

Shutterfly Inc. (SFLY) tumbled 10 percent, the biggest drop since Feb. 7, to $14.68. The Internet-based photo storage and printing service company reported a first-quarter loss of 15 cents a share on revenue that fell short of the average analyst estimate.

Tetra Tech Inc. (TTEK) rose the most since December 1999, adding 17 percent to $25.15. The provider of engineering and technical services reported second-quarter sales and profit that exceeded the average analyst estimates.

Timberland Co. (TBL US) jumped 18 percent, the most since July 1999, to $17.22. The maker of boots and outdoor clothing said first-quarter profit excluding some items was 31 cents a share, beating the average analyst estimate by 69 percent, according to Bloomberg data.

To contact the reporter on this story: Lynn Thomasson in New York at lthomasson@bloomberg.net.

To contact the editor responsible for this story: Chris Nagi at chrisnagi@bloomberg.net.

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