1-13-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Chip Cutter, AP Business Writer

Stocks dip after unemployment applications rise

Stocks fall after government says more people applied for unemployment benefits last week

NEW YORK (AP) — Stocks fell slightly Thursday after the government said more people applied for unemployment benefits last week.

The Labor Department said 445,000 people applied for unemployment insurance as retailers eliminated temporary holiday workers. That's up 35,000 from the previous week and the highest level since October.

“It was a disappointing number,” said Kim Caughey Forrest, an analyst at Fort Pitt Capital.

The Dow Jones industrial average dropped 33 points, or 0.3 percent, to 11,721 in early trading.

Yesterday's Top Performing Small Cap Stock:

Casey Container Corp. CSEY

Casey Container Corp. was a SmallCapVoice.com top performer closing up over 6% on trading volume of 25,850 shares.

Headquartered in Scottsdale, Arizona, Casey Container is engaged in the design and custom manufacture of biodegradable PET, HDPE and other plastic polymer preforms, bottles and containers for use in the bottled water, beverage and consumer products industries. The Company is committed to developing container products that meet clients' demands while addressing environmental issues concerning proliferation of plastic pollution. The Company offers its biodegradable plastic packaging solutions using the breakthrough science of the EcoPure® additive and technology.

Detailed Quote >>

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.

Detailed Quote >>

Other Small Cap News

NeoStem, Inc. (NYSE Amex: NBS)

$1,700,000 Funding of NeoStem's Very Small Embryonic-Like Stem Cells Being Developed to Treat Osteoporosis Recommended by the Department of Defense Peer Reviewed Medical Research Program

NEW YORK, Jan. 13, 2011 /PRNewswire/ — NeoStem, Inc. (NYSE Amex: NBS) (“NeoStem” or the “Company”), an international biopharmaceutical company with operations in the U.S. and China, today announced that its FY2010 Technology/Therapeutic Development Award application number PR101055 has been recommended for funding by the Department of Defense (DOD) Peer Reviewed Medical Research Program (PRMRP) of the Office of the Congressionally Directed Medical Research Programs (CDMRP).

ADVENTRX Pharmaceuticals, Inc. (NYSE Amex: ANX)

ADVENTRX Pharmaceuticals Announces Closing of $22.5 Million Financing

SAN DIEGO, Jan. 13, 2011 /PRNewswire/ — ADVENTRX Pharmaceuticals, Inc. (NYSE Amex: ANX) announced today that it has completed the previously announced sales of 8,184,556 units in a registered direct offering to RA Capital Management, certain healthcare-focused investors, and other institutional investors for a per unit purchase price of $2.75, representing gross proceeds to ADVENTRX of approximately $22.5 million. Each unit consists of one share of common stock, a Series A warrant and a Series B warrant. ADVENTRX plans to use the net proceeds from the offering to fund activities relating to acquiring and developing additional products or product candidates, to continue development of its current lead product candidates, and for general corporate purposes.

Oilsands Quest Inc. (NYSE Amex: BQI)

Oilsands Quest posts operational review presentation to be webcast

CALGARY, Jan. 13 /PRNewswire-FirstCall/ – ilsands Quest Inc. (NYSE Amex: BQI) (“OQI” or “the Company”) has posted to its website the operational review presentation to be delivered via webcast on January 13, 2011 from 8:00 to 9:30 a.m. MST (10:00 to 11:30 a.m. EST). The material new information from the presentation is set out below. The webcast can be accessed at www.oilsandsquest.com.

Cell Therapeutics, Inc. CTIC

Cell Therapeutics, Inc. Announces Single Institutional Investor Purchases Up To $25.0 Million of Non-Convertible Preferred Stock and Warrants and Additional Investment Right Exercisable at Market Price; Represents Up To 9.7% Ownership Interest in Company

SEATTLE, Jan. 13, 2011 /PRNewswire/ — Cell Therapeutics, Inc. (Nasdaq and MTA: CTIC) (the “Company”) today announced that it has entered into a securities purchase agreement (the “Purchase Agreement”) to sell, subject to certain closing conditions, up to $25.0 million of shares of its Series 8 Non-Convertible Preferred Stock (the “Series 8 Preferred Stock”), warrants to purchase up to 22,563,177 shares of common stock (the “Warrants”) and an additional investment right (the “Additional Investment Right”) to purchase up to $25.0 million of shares of its Series 9 Convertible Preferred Stock (the “Series 9 Preferred Stock”), in a registered offering to a single life sciences institutional investor (the “Investor”).

BioCryst Pharmaceuticals, Inc. BCRX

BioCryst Announces Peramivir Phase 3 Safety & Virology Study Results and Provides a Clinical Program Update

RESEARCH TRIANGLE PARK, N.C.–(BUSINESS WIRE)– BioCryst Pharmaceuticals, Inc. BCRX today announced top-line results from one of its two Phase 3 studies of intravenous (i.v.) peramivir for the treatment of patients hospitalized with influenza, and provided an update regarding its peramivir program.

Ness Technologies Inc NSTC

Ness Technologies Wins $6 Million Global Software Product Engineering Contract from Loyalty Partner Solutions

Software Product Lab in Bangalore, India Will Participate in the Development of the Next Generation Loyalty Management Suite

Ness Technologies, Inc. NSTC, a global provider of information technology solutions and services, announced today that its Software Product LabsSM business unit has been selected by Loyalty Partner Solutions GmbH to extend its software product engineering capability. Loyalty Partner Solutions will utilize Ness Software Product Labs' global development center in Bangalore to build the next generation of its Loyalty Management Suite (LMS). Loyalty Partner Solutions expects to invest up to $6 million with Ness over the three year engagement.

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