4-15-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Stocks drift on higher jobless claims, UPS outlook
Stocks trade in tight range after 5 days of gains; jobless claims rise, UPS boosts view
Stocks traded in a tight range Thursday after mixed economic reports gave investors an excuse to take a break from buying after five straight days of gains.
The Labor Department reported that initial claims for unemployment benefits rose unexpectedly for the second straight week. Figures on industrial production also fell short of expectations, but did show growth for the ninth straight month.
The downbeat economic news is being tempered by an encouraging earnings outlook from UPS Inc. and a strong regional manufacturing report.
UPS released strong first-quarter results early and said it has renewed optimism for the year. As the world’s largest shipping company, UPS is seen as an early indicator of increasing business activity.
Yesterday’s Top Performing Small Cap Stock:
GWS Technologies, Inc. (OTCBB: GWSC)
GWS Technologies, Inc. was a SmallCapVoice.com top performer yesterday closing up over 50% on trading volume of 1,047,551 shares.
GWS Technologies, Inc. Launches New Interactive Website
Apr. 15, 2010 (Business Wire) — GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions, today announced the launch of the company’s newly redesigned interactive website at www.greenwindsolar.com.
Today’s SmallCapVoice.com Hot Stock to Watch:
Attitude Drink Company, Inc. (OTCBB: ATTD)
Attitude Drinks Incorporated is an innovative beverage, brand development and marketing company with a focus on delivering experiential, functional and healthful beverages. Attitude’s competitive advantage lies not only in its innovation but in its experienced and highly professional team who provide expertise in beverage innovation, market/trade introduction, product implementation, and marketing initiatives.
Other Small Cap News
Endeavour Silver Corp. (NYSE Amex: EXK)
Endeavour Silver Reports Record Silver Production in Q1, 2010 Compared to Q1 2009; Produces 766,210 oz Silver (Up 34%) and 3,775 oz Gold (Up 62%)
VANCOUVER, BRITISH COLUMBIA–(Marketwire – 04/14/10) – Endeavour Silver Corp. announced today that silver production for Q1, 2010 from the Company’s two operating silver mines in Mexico, the Guanacevi Mine in Durango State and the Guanajuato Mine in Guanajuato State, totalled 766,210 ounces (oz) silver, up 34% compared to Q1, 2009.
Northgate Minerals Corporation (Nyse Amex: NXG)
Northgate Minerals Announces Details for Annual General and Special Meeting and 2010 First Quarter Results
Northgate Minerals Corporation (TSX: NGX, NYSE Amex: NXG) announced today that it will host its Annual General and Special Meeting (“AGM”) on Tuesday, May 11, 2010 at 10:00 am, Toronto time. The AGM will be held at One King West Hotel, King Gallery Ballroom, 1 King Street West, Toronto, Canada.
Novus Biologicals, Inc. (Nasdaq: SDIX)
NOVUS BIOLOGICALS and SDIX Form Exclusive Partnership to Create and Disseminate Premade GAT Antibodies
Novus Biologicals, LLC and SDIX(TM) (Strategic Diagnostics Inc. d/b/a SDIX, NASDAQ: SDIX), announced today they have entered into an exclusive partnership for the creation and dissemination of premade Genomic Antibody Technology(TM) (GAT)(TM) polyclonal antibodies. Initial commercial efforts will focus on Novus’ dissemination of over 800 antibodies from SDIX’s premade collection of cancer antigen polyclonal antibodies and the creation of additional novel antibodies through the application of GAT to targets selected by Novus for inclusion in Novus’ catalog offering.
Rexahn Pharmaceuticals, Inc. (NYSE Amex: RNN)
Rexahn Update by Goldman Small Cap Research Issued on Corporate Profile’s CPreports.com
Corporate Profile’s newest financial website, www.CPreports.com announces an Update. Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, has issued a research update on Rexahn Pharmaceuticals, Inc. (AMEX:RNN), a clinical stage pharmaceutical company commercializing potential best-in-class oncology and CNS therapeutics. See update at www.cpreports.com or http://www.cpreports.com/?p=141
Great Basin Gold Ltd. (NYSE Amex: GBG)
Great Basin Gold Provides Operational Update for the Quarter Ended March 2010
VANCOUVER, April 14 /PRNewswire-FirstCall/ – Great Basin Gold Ltd. (“Great Basin” or the “Company”) (TSX: GBG; NYSE Amex: GBG; JSE: GBG) provides a quarterly operational update for its Hollister (USA) and Burnstone (South Africa) projects.
Trico Marine Services, Inc. (Nasdaq: TRMA)
Trico Marine Group Closes Asset Sale and Announces New Contract Awards
THE WOODLANDS, Texas, April 14, 2010 (GLOBE NEWSWIRE) — Trico Marine Services, Inc. (Nasdaq:TRMA) (the “Company” or “Trico”) today announced the sale of one of its North Sea class vessels for approximately $16 million to a buyer in Asia, bringing the total in asset sale proceeds since the beginning of the year to approximately $20 million. The Company expects to use the proceeds to service debt obligations.
AgFeed Industries, Inc. (Nasdaq: FEED)
AgFeed to invest in hog production project
AgFeed Industries to invest in hog production project in Jiangxi province
NEW YORK (AP) — AgFeed Industries, Inc. said Wednesday that it is investing in a hog production project in the Jiangxi province to build five Western model hog farms.
AgFeed, one of the largest independent hog production and animal nutrient companies in China, said the $18 million first phase of construction for the project will begin in May.
Active Power, Inc. (Nasdaq: ACPW)
Active Power to Deploy Second High Efficiency Flywheel UPS System to Blue Chip Manufacturer
Backup Power System to Protect Manufacturing Processes Against Costly Downtime
AUSTIN, Texas–(BUSINESS WIRE)–Critical backup power systems manufacturer Active Power, Inc. (NASDAQ: ACPW) today announced it will deploy its second CleanSource(R) 1200 kVA UPS (uninterruptible power supply) to a blue chip industrial customer in Oklahoma. The system will provide power conditioning and protection to the facility’s sensitive manufacturing and test equipment. The flywheel based UPS system is anticipated to ship in second quarter 2010 with installation following soon after.
Euro Tech Holdings Company Limited (Nasdaq: CLWT)
Euro Tech Holdings Company Limited Reports Contract Awarded to PACT
Euro Tech Holdings Company Limited (Nasdaq:CLWT) today announced that its subsidiary, PACT Environmental Technology Company Ltd. (“PACT”) has recently been awarded a contract by an U.S. company engaged in poultry business, worth about US$ 1.6 million. This contract covers design, supply, installation and commissioning of a (4,370 cubic meters per day) wastewater treatment system in Jiangsu, China.
ULURU Inc. (NYSE Amex: ULU)
ULURU Inc. to Present Altrazeal(TM) Clinical Evidence at the 23rd Annual Symposium on Advanced Wound Care and Wound Healing Society (SAWC/WHS)
Follows Highly Successful Oral Presentation at the 2010 American Professional Wound Care Association Conference
LURU Inc. (NYSE Amex: ULU) announced today that the company will present clinical evidence at the 2010 joint annual meeting of the Symposium on Advanced Wound Care and the Wound Healing Society (SAWC/WHS) in Orlando, Florida, April 17-20. SAWC/WHS is the premier wound care educational program within this clinical field and is the largest annual gathering of wound care clinicians in the United States. More than 2,000 physicians, podiatrists, nurses, therapists, and researchers are expected to attend the 2010 SAWC/WHS meeting.
Neptune Technologies & Bioressources Inc. (Nasdaq: NEPT)
Neptune Reports Preliminary 2010 Year End Sales Results and Acasti Nomination
LAVAL, Quebec, April 15, 2010 (GLOBE NEWSWIRE) — Neptune Technologies & Bioressources Inc. (“Neptune”) (Nasdaq:NEPT) (TSX-V:NTB) provides guidance on its expected sales results for the fourth quarter and fiscal year ended February 28, 2010, and Acasti Pharma Inc. (“Acasti”) announces the addition of a new member to the Acasti management team.
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