9-16-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stephen Bernard, AP Business Writer

Stocks slip even as unemployment claims drop

Stocks fall modestly even as new economic reports indicate economy continues slow growth

NEW YORK (AP) — Investors snapped a recent trend Thursday when they sold stocks after the latest signs on the economy continued to show modest growth.

The Dow Jones industrial average fell about 8 points in late morning trading. Broader indexes also fell modestly.

The Labor Department said first-time claims for unemployment benefits fell to a two-month low, but still remain at levels that indicate economic growth is sluggish. Claims dropped to 450,000 last week. Economists polled by Thomson Reuters forecast they would rise to 460,000.

In recent weeks, reports that topped forecasts were enough to rally the market as investors' worries about the economy falling back into recession dissipated. But the economy remains weak and stocks are approaching the high end of their recent trading range, which could be putting a lid on the market's September rally.

"We really don't have any economic trend in place other than stumbling economic growth," said Brett Gallagher, deputy chief investment officer at Artio Global Investors. "The reality is we're in for a lengthy slog of below-trend growth."

Yesterday's Top Performing Small Cap Stock:

Convenience TV Inc. CRPZ

Convenience TV Inc. was a SmallCapVoice.com top performer closing up over 36% on trading volume of 5,100 shares.

Convenience TV is focused on the Convenience Store Industry and provides their clients with an "in-location" TV network. The Network is designed to deliver both entertaining content and targeted advertising on a demographic basis to each retail location. In addition, the Network delivers promotional advertising tied to products within the retail location. The programming can be up-dated quickly and is tailored to meet the specific client's need for increased sales, customer enjoyment and brand reinforcement.

Today's SmallCapVoice.com Hot Stock to Watch:

Tootie Pie Company TOOT

Tootie Pie to Open 3rd Café Location

Sep. 16, 2010 (Business Wire) — Tootie Pie Company, Inc. TOOT will sell its gourmet pies in the newest Tootie Pie Gourmet Café in Alamo Heights, an established community in San Antonio. The newest Café will be located at 5130 Broadway, in The Stewart Center.

Similar to its two other Tootie Pie Gourmet Cafés, this location will sell Tootie Pie, coffee, bagels, gourmet sandwiches, pastries and other comfort foods Monday through Thursday, 7 am until 7 pm; Friday and Saturday until 9 pm and Sunday until 3 pm. The Company is looking for more locations in San Antonio, Austin, Houston and Dallas.

Other Small Cap News

Zoom Technologies, Inc. ZOOM

Zoom Technologies Receives a Proposal for a Line of Credit of $44 Million From Bank of China

Funds Instrumental to Expanding Manufacturing Volume; Reflects Increased Customer Orders and Market Share

BEIJING–(Marketwire – 09/15/10) – Zoom Technologies, Inc. ZOOM, a leading China based manufacturer of mobile phones and related products, today announced that its manufacturing subsidiary, TCB Digital, has been provided a proposal for a line of credit of up to Rmb 300 million (approximately US$44 million) from the Bank of China for the Company. The credit facility, if provided, can allow Zoom Technologies to accelerate manufacturing expansion to support the increase in its EMS (electronics manufacturing services) customer demand.

TechTeam Government Solutions, Inc. TEAM

Department of Defense Awards Contract to TechTeam Government Solutions

CHANTILLY, Va., Sept. 15 /PRNewswire/ — TechTeam Government Solutions, Inc., a wholly-owned subsidiary of TechTeam Global, Inc. TEAM, announced today that its Sytel Division has been awarded a contract in support of the Department of Defense Office of the Deputy Chief Management Officer (DCMO) for technical support services. The base year of the task order has a value of $2.5 million; there are also two option years.

Fuwei Films FFHL

Fuwei Films Reports Strong Sales in BOPET Films

BEIJING–(Marketwire – 09/16/10) – Fuwei Films (Holdings) Co., Ltd. FFHL ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today reported a strong upturn in the sale of BOPET films during the third quarter of 2010.

interclick, inc. ICLK

interclick Greatly Improves Credit Facility Due to Strong Growth

Line of Credit More Than Doubles to $15 Million, Significantly Reduces Cost of Capital

NEW YORK, Sept. 16, 2010 (GLOBE NEWSWIRE) — interclick, inc. ICLK, a leading digital advertising technology company, announced today that it has secured a $15 million loan and security agreement (the "facility") with Silicon Valley Bank ("SVB"), the primary subsidiary of SVB Financial Group SIVB. The company also announced it will be using SVB's cash management services for the majority of its operating needs, effective immediately.

Seven Arts Pictures Inc. SAPX

Seven Arts Pictures Inc. to Acquire Additional Shares in Seven Arts Pictures Plc

HOLLYWOOD, CA–(Marketwire – 09/16/10) – Seven Arts Pictures Inc. ("SAP"), a private company controlled by Seven Arts' CEO Peter Hoffman and a principal shareholder of Seven Arts Pictures Plc SAPX, announced today that it has agreed to continue its purchase of shares of SAPX between now and September 30, 2010, subject to market conditions. SAP's share purchases to date will be reflected in its filing with the Securities and Exchange Commission.

NovaBay Pharmaceuticals, Inc. (NYSE Amex: NBY)

NovaBay Pharmaceuticals Spotlights Positive Results for New Class of Anti-Infectives at 50th Annual ICAAC Meeting

Four Poster Presentations Highlight the Potency and Versatility of NovaBay's Aganocide(R) Compounds

EMERYVILLE, Calif., Sept. 16, 2010 (GLOBE NEWSWIRE) — NovaBay Pharmaceuticals, Inc. (NYSE Amex:NBY), a clinical stage biotechnology company developing first-in-class, anti-infective compounds for the treatment and prevention of antibiotic-resistant infections, delivered four poster presentations on its Aganocide compounds at the 50th Annual Interscience Conference on Antimicrobial Agents and Chemotherapy (ICAAC) in Boston, MA.

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