12-23-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

David K. Randall, AP Business Writer

Stocks flat after mixed economic reports

Stocks open flat after consumer spending report disappoints, unemployment claims steady

NEW YORK (AP) — A batch of mixed economic reports led to a flat opening for Wall Street Thursday.

The Commerce Department said that Americans spent 0.4 percent more in November. Analysts forecasted a bump of 0.5 percent, following an increase of 0.7 percent in October. Consumer spending, which accounts for approximately 70 percent of economic activity in the U.S., is seen as a bellwether of where the economy is headed.

Separately, the Labor Department said that the number of people applying for unemployment benefits for the first time fell by 3,000 to a seasonally adjusted 420,000. That fell in line with Wall Street estimates. Economists say that weekly unemployment applications below 425,000 a week tend to signal modest job growth. But claims need to fall below 375,000 a week to indicate a significant decline in unemployment.

Also, the Commerce Department reported that November orders for long-lasting manufactured goods excluding transportation rose by the largest amount in eight months.

Yesterday's Top Performing Small Cap Stock:

Casey Container Corp. CSEY

Casey Container Corp. was a SmallCapVoice.com top performer closing up over 22% on trading volume of 690,156 shares.

Chairman Terry Neild of Casey Container Corporation Conducts Exclusive Webcast Interview With The Green Baron Report

SCOTTSDALE, AZ — (Marketwire) — 12/23/10 — Casey Container Corp. CSEY Chairman Terry Neild has conducted an exclusive, new audio webcast interview so that CSEY shareholders and the investment community can learn more about the Company's recent developments and plans.

Unrestricted access to the webcast is now available at http://www.smalllinks.com/Q3F or under the “Webcasts” page at www.TheGreenBaron.com.

Today's SmallCapVoice.com Hot Stock to Watch:

Energy & Technology Corp. ENGT

As the holding company of Technical Industries, Inc., Energy Pipe, LLC. and Energy Technology MFG & Threading LLC., Energy & Technology, Corp. is a single source for rig, integrated systems, down hole tools, OCTG tubing and casing, line pipe, drillpipe, drilling tools and supply chain solutions. ENGT provides a comprehensive drilling system for parts, down hole tools, engineering, non-destructive testing, storage, maintenance and other products, and services.

Other Small Cap News

Apricus Biosciences, Inc. APRI

Apricus Biosciences and Bracco Sign Licensing Agreement for Vitaros(R) in Italy

Apricus Bio to Receive Up to EUR 5.5 Million, Plus Royalties

SAN DIEGO, Dec. 22, 2010 (GLOBE NEWSWIRE) — Apricus Biosciences, Inc. (“Apricus Bio”) APRI, announced today that it has entered into a licensing agreement granting Bracco SpA (“Bracco”) the exclusive rights to market Vitaros(R), Apricus Bio's treatment for erectile dysfunction (“ED”), in Italy. On November 12, 2010, Apricus Bio announced that Health Canada had approved Vitaros for marketing as the first topical treatment for ED in that country. The application for approval to market Vitaros in Europe is scheduled to be filed in April 2011.

GLG Life Tech Corporation GLGL

GLG Life Tech Corporation Announces Commencement of ANOC Beverage Production Line in China

VANCOUVER, British Columbia, Dec. 22, 2010 (GLOBE NEWSWIRE) — GLG Life Tech Corporation GLGL GLG (“GLG” or the “Company”), the vertically-integrated leader in the agricultural and commercial development of high quality stevia, announces the commencement of production of four beverage products by its joint venture partner China and Healthy Foods Company Limited (CAHFC) for the ANOCTM business in China.

Spectrum Pharmaceuticals SPPI

Phase 2 Trial of Belinostat, a Novel HDAC Inhibitor, in the Treatment of Carcinoma of Unknown Primary (CUP) Meets Enrollment Target

Top-Line Progression-Free Survival and Response Rates Are Expected in the Third Quarter 2011

IRVINE, Calif.–(BUSINESS WIRE)– Spectrum Pharmaceuticals SPPI, a biotechnology company with fully integrated commercial and drug development operations with a primary focus in oncology, announced today that the target enrollment has been reached for the Phase 2 study of belinostat in Carcinoma of Unknown Primary (CUP). The study, which is being conducted and fully funded by Spectrum's partner, Topotarget A/S, is an open-label, randomized, controlled Phase 2 study in which patients with previously untreated CUP, were randomized into one of two treatment arms: Belinostat + carboplatin and paclitaxel (BelCaP), or carboplatin and paclitaxel (CaP). The primary objective of the CUP study is to provide an estimate of the treatment effect of BelCaP compared to CaP in terms of progression-free survival, response rate, and overall survival in patients with CUP.

Qiao Xing Universal Resources, Inc. XING

Qiao Xing Universal's Subsidiary Signed Definitive Agreement to Complete the Acquisition of the 100% Equity Interest of a Lead-zinc-copper Mining Company

Qiao Xing Universal Resources, Inc. XING, an emerging Chinese resource company with a focus on several strategically important nonferrous metals such as molybdenum and copper, today announced that its wholly owned subsidiary has signed a definitive agreement with Chifeng Xingu Mining Co., Ltd. (“Chifeng Xingu”), a non-affiliated third party, to acquire the 100% equity interest in Balinzuo Banner Xinyuan Mining Co., Ltd. (“Xinyuan” or the “Mining Company”) for RMB588 million (US$88.4 million) in cash (the “Purchase Price”) to be paid in three instalments within three months. Xinyuan owns a mining license for a lead-zinc-copper mine that covers 3.3233 square kilometres in Wulandaba Suma, Balinzuo Banner, in the Inner Mongolia Autonomous Region of the People's Republic of China (the “Xinyuan Lead-zinc-copper Mine” or the “Mine”).

PowerSecure International, Inc. POWR

PowerSecure Announces $10 Million of New Utility Infrastructure Awards, Including a Newly Established Relationship with a Major Utility

WAKE FOREST, N.C.–(BUSINESS WIRE)– PowerSecure International, Inc. POWR today announced it has received $10 million of new awards for utility infrastructure projects, driven by an award to serve a top U.S. investor-owned utility in a newly established relationship with the Company's UtilityServices business unit. The majority of the $10 million in expected new revenue is to provide this major utility with construction and maintenance services for its electrical transmission system in 2011. Additionally, the new awards include distribution system upgrade projects for a municipality in the Midwest, and a wastewater treatment system in Texas.

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