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

Stephen Bernard, AP Business Writer

Stocks continue rally after drop in jobless claims

Stocks climb following bigger-than-expected drop in claims for unemployment benefits

Stocks extended their September rally Thursday after more encouraging news on the job market.

The Dow Jones industrial average rose 60 points in late morning trading, putting it back into positive territory for the year, after the Labor Department said first-time claims for unemployment benefits fell last week to the lowest level in two months.

The report came in much better than analysts had expected and added to other positive signals on the economy, including a pickup on job creation for August reported last week. Treasury prices and the dollar fell as investors stepped up their appetite for risk.

Unemployment claims have still not fallen enough to suggest that widespread hiring is around the corner, but investors have taken solace in recent improvements in employment news that suggest the economy will continue to grow slowly during the rest of the year. Traders concerned about the potential for the economy falling back into recession drove stocks lower through most of August.

“All we need is slightly good news … relative to expectations and at this point expectations are relatively poor,” said Tyler Vernon, principal and portfolio manager at Biltmore Capital Advisors.

Read More >>

Yesterday’s Top Performing Small Cap Stock:

Curaxis Pharmaceutical Corp. CURX

Curaxis Pharmaceutical Corp. was a SmallCapVoice.com top performer closing up over 3% on trading volume of 27,900 shares.

Curaxis is an emerging specialty pharmaceutical company with a hormone drug product candidate for the treatment of Alzheimer’s disease and multiple cancers. Curaxis’ therapeutic platform is based on the hypothesis that many diseases of aging may be caused by age-related changes in the function of the hypothalamic-pituitary-gonadal (HPG) axis. The HPG axis is a hormonal endocrine feedback loop that controls development, reproduction and aging in animals. This drug development platform is built on the premise that hormones associated with this feedback loop are beneficial early in life, when they promote growth and development, but are harmful later in life when the mechanism foCHfeedback is compromised, thereby leading to disease processes, including pathologies associated with Alzheimer’s disease and various cancers. We believe our discovery of similar hormonal signaling mechanisms at the cellular level in brain tissue from Alzheimer’s patients and in multiple tumors will enable us to develop significant new treatments for Alzheimer’s disease as well as many cancers.

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

Convenience TV Inc. CRPZ

Convenience TV Announces Agreement With MediaRich Marketing of Los Angeles

LOS ANGELES, CA — (Marketwire) — 09/08/10 — Convenience TV Inc. CRPZ is pleased to announce that Los Angeles-based marketing firm and consultancy firm MediaRich Marketing has signed on to work with Convenience TV Inc. in the development of advertising, promotions, product placement and sponsorships for the digital network.

President and CEO Norman Knowles states, “MediaRich is a good fit with their knowledge of the LA and national markets as well as their product placement and retail experience.”

Read More >>


Other Small Cap News

Stereotaxis, Inc. STXS

Stereotaxis Announces First-Ever, Prospective, Comparative Clinical Trial Outcome for VT Patients

Exceptional Clinical Benefits for Patients and Physicians Confirmed

ST. LOUIS, Sept. 8 /PRNewswire-FirstCall/ — Stereotaxis, Inc. STXS highlighted significant new additions to the body of evidence demonstrating exceptional clinical outcomes achieved with its Niobe® Magnetic Navigation System in ventricular tachycardia (VT) ablation.

Read More >>


Hemispherx Biopharma, Inc. (NYSE Amex: HEB)

Hemispherx Biopharma to Present New Retrovirus (XMRV) Data at 1st International Workshop on XMRV and Chronic Fatigue Syndrome (CFS)

Retrovirus Positive CFS Patients Show Enhanced Response to Ampligen(R), an Experimental Therapeutic, Relative to XMRV Negative Group

BETHESDA, Md., Sept. 8, 2010 (GLOBE NEWSWIRE) — Hemispherx Biopharma, Inc. HEB will present new clinical data on the possible inter-relationships of XMRV positivity/chronic fatigue syndrome/Ampligen(R) responsiveness at the 1st International Workshop on XMRV being held at the National Institutes of Health in Bethesda, MD, on September 7 and 8, 2010.

Read More >>


Standard Register SR

Standard Register Healthcare Signs Multi-Year Agreement to Provide Document and Information Management Solutions for Premier Alliance Members

DAYTON, Ohio–(BUSINESS WIRE)–Standard Register SR, a leading provider of document and information management solutions for healthcare, announced it has signed a three-year agreement with Premier Purchasing Partners, L.P., the group purchasing unit of Premier, Inc. Premier is one of the nation’s largest healthcare alliances.

Read More >>


ZBB Energy Corporation (NYSE Amex: ZBB)

California Public Utilities Commission Funds ZBB Energy and SunPower Demonstration Project of Renewable Energy With a ZESS 500

MILWAUKEE, WI–(Marketwire – 09/08/10) – ZBB Energy Corporation ZBB, a leading developer of intelligent, renewable energy power platforms, today announced it will partner with SunPower Corp. SPWRA SPWRB to establish a pilot program for demonstrating integration of advanced energy storage systems with existing PV systems for commercial customers. Working with a major retailer, SunPower and ZBB will demonstrate the economic and operational benefits of combining PV with a ZBB zinc bromide flow battery storage technology platform rated at 500 KWh in a commercial building application.

Read More >>


Double Eagle Petroleum Co. DBLE

Double Eagle Petroleum Co. Presenting at Rodman & Renshaw Conference

DENVER, Sept. 8 /PRNewswire/ — Double Eagle Petroleum Co. DBLE announced today that it will be presenting at the Rodman & Renshaw Annual Global Investment Conference in New York September 13-15.

Read More >>


Great Basin Gold Ltd. (NYSE Amex: GBG)

Great Basin Gold Updates Hollister Mineral Resources Measured and Indicated Gold Equivalent Ounces Increase by 14%

VANCOUVER, Sept. 9 /PRNewswire-FirstCall/ – Great Basin Gold Ltd. (“Great Basin Gold” or the “Company”), GBG announces a revised mineral resource estimate has been completed for the Company’s Hollister Project on the Carlin Trend in Nevada, USA. At a cut-off grade of 0.25 oz/ton (8.57 g/t Au), the combined measured and indicated mineral resources contain 1.64 million gold equivalent ounces grading 1.305 oz/ton (44.73 g/t Au) for gold and 10.3 oz/ton (355 g/t) for silver, an increase of 14% compared to 1.44 million ounces in 2009. A further 1.27 million gold equivalent ounces are contained in inferred mineral resources of 1.04 million tons at a grade of 0.59 oz/ton (20.19 g/t) for gold and 13.8 oz/ton (472 g/t) for silver.

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/Bookmark

Related posts

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
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!