12-8-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Matthew Craft, AP Business Writer

Stocks open higher, bonds down on tax plan

Stocks rise, Treasury bonds in steep fall, as investors weigh compromise tax-cut plan

NEW YORK (AP) — The compromise backed by President Barack Obama and Republican leaders on extending tax cuts for two years is lifting stocks but crushing bonds Wednesday.

Investors expect the tax-cut deal to boost economic growth but also widen the budget deficit. Estimates of the plan's cost range as high as $900 billion over the next few years.

Treasury prices are dropping in early Wednesday trading, sending their yields higher for a second day. The yield on the 10-year Treasury note rose to 3.22 percent, the highest level since June 21.

That means higher borrowing costs for the U.S. government when the Treasury auctions off $21 billion in 10-year notes later Wednesday.

Stocks opened higher. The Dow Jones industrial average rose 15 points, or 0.1 percent, to 11,374.07. The Standard & Poor's 500 index rose 3, or 0.2 percent, to 1,226.73. The Nasdaq composite index rose 8.5, or 0.3, to 2,607.00.

Read More >>

Yesterday's Top Performing Small Cap Stock:

Madison Ave. Media, Inc. KHZM

Madison Ave. Media, Inc. was a SmallCapVoice.com top performer closing up over 14% on trading volume of 394,675 shares.

Madison Ave. Media Agrees to Acquire EllaBella Skincare

BOCA RATON, FL — (Marketwire) — 12/08/10 — Madison Ave. Media, Inc. KHZM, a global leader in brand intelligence and mobile marketing, today announced its agreement to acquire a line of clinically proven skincare products from a leading private label manufacturer within the professional skincare industry. The products will be marketed under the EllaBella brand name through the Company's ecommerce platform.

Read More >>

Today's SmallCapVoice.com Hot Stock to Watch:

Tootie Pie Company TOOT

Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual consumers through in-store sales, orders via telephone and internet on the Company's website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels.


SmallCapVoice Clients' News

RMD Technologies, Inc. (Pink Sheets: RMDT)

In a New Audio Interview at SmallCapVoice.com, Patrick Galliher, CEO of RMD Technologies, Inc., Provides Details Regarding Recent News

AUSTIN, Texas–(BUSINESS WIRE)– SmallCapVoice.com, Inc. announced today that a new audio interview with RMD Technologies, Inc. RMDT, is now available. The interview can be heard at http://smallcapvoice.com/blog/12-7-10-audio-interview-with-rmd-technologies-inc-pink-sheets-rmdt.

Read More >>


Other Small Cap News

Spectrum Pharmaceuticals, Inc. SPPI

ZEVALIN Data as Preparatory Regimen Presented Prior to Autologous and Allogeneic Stem Cell Transplantation in the Treatment of Non-Hodgkin's Lymphoma

Data Presented In Oral Sessions At The 52nd Annual Meeting Of The American Society Of Hematology

ORLANDO, Fla.–(BUSINESS WIRE)– Spectrum Pharmaceuticals, Inc. SPPI today announced the presentation of ZEVALIN data as a preparatory or conditioning regimen prior to both allogeneic and autologous stem cell transplantation at the 52nd American Society of Hematology (ASH) Annual Meeting in Orlando, Florida.

Read More >>


ZBB Energy Corporation (NYSE Amex: ZBB)

ZBB Energy Receives Order for Military Transportable Power Solution

ZBB's ZESS POWR(TM) PECC Platform Integral to Powering Military Operating Positions

MILWAUKEE, WI–(Marketwire – 12/07/10) – ZBB Energy Corporation ZBB, the leading developer of intelligent, renewable energy power platforms, announce today an initial contract to design and deliver a hardened and transportable prototype version of ZBB's ZESS POWR™ PECC (Power & Energy Control Center). The prototype calls for a “ruggedized and transportable” version of the PECC, offering the ability to integrate multiple renewable energy sources for providing power in a variety of military applications that currently rely on power derived solely from diesel generators.

Read More >>


MakeMusic, Inc. MMUS

MakeMusic's Monthly SmartMusic Subscription Report – November 2010

SmartMusic subscriptions total 161,788

MINNEAPOLIS–(BUSINESS WIRE)– MakeMusic, Inc. MMUS today announced monthly subscription results for SmartMusic®, the interactive music software for band, orchestra and voice. SmartMusic subscriptions as of November month-end numbered 161,788, representing an increase of 1,107 from the previous month and a 23% increase over the prior year.

Read More >>


Pansoft Company Limited PSOF

Pansoft Signs Two New Contracts With Sinopec to Expand Centralized Accounting Management System

JINAN, CHINA–(Marketwire – 12/08/10) – Pansoft Company Limited PSOF (“Pansoft” or the “Company”), a leading ERP software service provider for the oil and gas industry in China, today announced that it has signed two new contracts with Sinopec Corp., with a total value of approximately $3.8 million. This follow-on project expands the scope of a project to develop a centralized accounting management system announced on July 21, 2010. The total value of the three contracts is $6.8 million.

Read More >>


Richmont Mines Inc. (NYSE Amex: RIC)

Richmont Mines Inc.: Additional Drilling Results Reaffirm Potential of Wasamac Property; 2010 Campaign Expanded to 20,000 Metres

MONTREAL, QUEBEC–(Marketwire – 12/08/10) – Richmont Mines Inc. RICRIC, (“Richmont” or the “Company”) is pleased to announce additional drilling results from the Wasamac property that provide further support for the Company's plan to reassess the property's resource base using a lower cut-off grade.

Read More >>


Radient Pharmaceuticals Corporation (NYSE Amex: RPC)

Radient Pharmaceuticals Onko-Sure(R) In Vitro Diagnostic Cancer Test Potentially Effective as Veterinary Cancer Tumor Marker

TUSTIN, CA–(Marketwire – 12/08/10) – Radient Pharmaceuticals Corporation (RPC) RPC today announced it has completed a pilot clinical study to measure the feasibility of using its Onko-Sure® in vitro diagnostic (IVD) cancer test kit as a veterinary tumor marker initially for cancer detection in domestic cats.

Read More >>


US Gold Corporation UXG

Three Gold Veins Discovered Near US Gold's El Gallo Project

7.7 gpt Gold over 4.8 m, Including 22.2 gpt Gold over 1.1 m

TORONTO, ONTARIO–(Marketwire – 12/08/10) – US GOLD CORPORATION UXGUXG is pleased to announce the discovery of three gold-bearing veins near the company's El Gallo Project in Sinaloa state, Mexico (Fig. 1). The three veins, which to date have been defined by a total of 17 core holes, are all located within hauling distance of El Gallo. These new veins will not be included in the upcoming Preliminary Economic Assessment.

Read More >>


About SmallCapVoice.com

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its audio interviews, as well small cap company's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our company information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

The SmallCapVoice.com, Inc. Daily Highlights is an electronic publication, and is for informational purposes only. The Small Cap Voice Daily Highlights covers both client and non client issuers. Non client issuer's news is listed under other small cap news. SmallCapVoice is an electronic publication providing information on selected public companies. All companies profiled on this website pay cash or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company's information and our comments about the company. Section 17(b) of the Securities Act of 1933 requires that SmallCapVoice fully disclose the type consideration (i.e. cash, restricted stock, and restricted stock with registration rights, stock options, stock warrants, or other type consideration) and the specific amount of the consideration our company receives or will receive, directly or indirectly, from an issuer, underwriter, or dealer. No information contained in our website, e-mail communications or our publications should be considered as a solicitation to purchase or sell the securities of the profiled companies. SmallCapVoice is not a registered investment advisor or a registered securities broker dealer. We do not undertake or represent to make investment recommendations or to give advice pertaining to the purchase or sale of the securities mentioned in our web site, e-mail communications or publications. The information contained in our website, e-mail communications and publications are carefully compiled by SmallCapVoice from public sources that we believe to be reliable. SmallCapVoice, however, does not guarantee the accuracy of any information contained in our website, e-mail communications or publications. This material is not a substitute for either one's own thorough investigation of an investment opportunity or the exercise of good business judgment. SmallCapVoice does not endorse, independently verify, or assert the truthfulness or reliability of any statements or data obtained from third party sources that are published by us about the profiled companies in our website articles, e-mail communications or publications, but we do not publish information that we know is incorrect. Investors should not rely solely on the information contained in our website, e-mail communications or publications when making investment decisions. Instead, investors should use the information provided on the profiled companies as a starting point for conducting additional research that will permit them to form their own opinions regarding the appropriateness of an investment in the profiled company's securities. SmallCapVoice does not warrant, represent or guaranty that there has been no change in the affairs of the profiled company since the date that information was published on this website, in e-mail communications or in our publications regarding a profiled company or after the date of the profiled company's press releases or other information disseminated via our website or publications.  If you become aware of any change of circumstances related to any website article, e-mail communication or publication, please notify us immediately.  See the Contact Us page for the appropriate e-mail address. The information contained in our website, e-mail communications and publications pertains to microcap, small cap and/or other thinly traded securities which by their very nature involve an extremely high degree of risk. An investment in these type of securities could result in the loss of some or all of an investment in the company. In addition, due to the illiquid nature of some of these securities, an investor may find encounter difficulties in liquidating the securities. SmallCapVoice may liquidate the stock consideration it receives at any time it deems it appropriate to do so after the required six-month holding period has run after the completion of the services for which SmallCapVoice was paid in stock. The liquidation of our stock may have a negative impact on the securities of the company liquidated, including decreased market value and/or dilution of the company's securities. The following companies have paid, and/or have agreed to pay SmallCapVoice to: distribute the company's information and reports on this website, to send e-mail communications; to send publications by mail, to post company Internet links on our website, and to compile and/or to distribute reports in an e-mail newsletter.

We encourage our readers to use caution when investing and educate themselves at the web sites of the Securities and Exchange Commission (“SEC”) at www.sec.gov and/or the National Association of Securities Dealers (“NASD”) at www.nasd.com. We encourage you to study the SEC's policies regarding online newsletters at http://www.sec.gov/answers/newsltr.htm. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our site.

Contact:

Stuart T. Smith CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com

Twitter StumbleUpon Facebook LinkedIn Technorati Favorites Yahoo Buzz Delicious Digg Fark Google Buzz NewsVine Netvibes Share PrintFriendly Google Gmail MySpace Blogger Post AOL Mail Yahoo Bookmarks Windows Live Spaces WordPress Yahoo Mail Share

Related posts

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Diversified ChemicalsGoldHealth CareHealth Care EquipmentIndustrial MachineryIndustrialsMaterials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!