12-22-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

David K. Randall and Matthew Craft, AP Business Writers

Stocks edge up after GDP growth revised higher

Stocks close higher after 3rd quarter economic growth is revised up

NEW YORK (AP) — Major stock indexes edged up to two-year highs on Wednesday after a report showed that the U.S. economy grew faster than previously thought over the summer.

The Commerce Department said the country's gross domestic product rose at an annual rate of 2.6 percent between July and September, a small increase from its earlier estimate of 2.5 percent.

“Some folks will look at 2.6 percent as a disappointment, but the market is taking a look at the bigger picture,” said Phil Orlando, the chief stock market strategist at Federated Investors. Many traders expect the economy to grow by 3 percent or more during the fourth quarter and through 2011, he said.

Separately, the National Association of Realtors said sales of previously-occupied homes rose 5.6 percent in November to an annual rate of 4.68 million. That was slightly below analysts' estimates of 4.75 million, according to data provided by FactSet.

Yesterday's Top Performing Small Cap Stock:

Tootie Pie Company TOOT

Tootie Pie Company was a SmallCapVoice.com top performer closing up over 7% on trading volume of 3,368 shares.

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 >>

Today's SmallCapVoice.com Hot Stock to Watch:

XZERES Wind Corp. XWND

A New Audio Interview with XZERES Wind Corporation's CEO, Frank Greco, is Now Available at SmallCapVoice.com

Dec. 21, 2010 (Business Wire) — SmallCapVoice.com, Inc. announces today that a new audio interview with XZERES Wind Corporation (OTC BB: XWND), designer, developer and producer of distributed generation, wind power systems for the small wind market (2.5kW-100kW), is now available. The interview can be heard at http://smallcapvoice.com/blog/12-20-10-audio-interview-with-xzeres-wind-corp-otcbb-xwnd/.

Other Small Cap News

Activision Publishing, Inc. ATVI

Call of Duty®: Black Ops Surpasses $1 Billion in Sales Worldwide

Over 600 Million Hours Logged Playing Call of Duty: Black Ops Game Continues to Set Entertainment Records

SANTA MONICA, Calif., Dec. 21, 2010 /PRNewswire/ — Activision Publishing, Inc. ATVI announced today that Call of Duty: Black Ops continues to set sell-through records crossing the $1 billion mark in sales worldwide since its launch in November, according to internal Activision estimates.

Golden Star Resources Ltd. (NYSE Amex: GSS)

Call of Duty®: Black Ops Surpasses $1 Billion in Sales Worldwide

Over 600 Million Hours Logged Playing Call of Duty: Black Ops Game Continues to Set Entertainment Records

Golden Star Resources Ltd. (NYSE Amex: GSS)

Golden Star Revises 2010 Production Guidance

DENVER, COLORADO–(Marketwire – 12/21/10) – Golden Star Resources Ltd. GSCGSS(GSE: GSR) (“Golden Star” or the “Company”) announced today that 2010 production guidance for Bogoso/Prestea has been revised from 185,000 ounces to 170,000 – 172,000 ounces of gold. At Wassa/HBB guidance remains essentially unchanged at 182,000 (previously 185,000) ounces of gold.

Cereplast, Inc. CERP

Cereplast Secures $5 Million in Growth Capital

Horizon Technology Finance Invests in Bioplastics Leader

EL SEGUNDO, Calif.–(BUSINESS WIRE)– Cereplast, Inc. CERP, a leading manufacturer of proprietary bio-based, compostable and sustainable plastics, announced today that it has secured $5 million in growth capital from Horizon Technology Finance Corporation HRZN to support the Company's exponential growth and expansion. The investment capital will be used for the purchase of additional raw materials and working capital needed to meet rapidly increasing global demand for Cereplast resin.

Voltaire Ltd. VOLT

Voltaire Signs Software License and Development Agreement with IBM

CHELMSFORD, Mass. & RA'ANANA, Israel–(BUSINESS WIRE)– Voltaire Ltd. VOLT, a leading provider of scale-out data center fabrics, today announced a license and development agreement with IBM Corporation. Under the terms of the agreement, Voltaire will license selected software to IBM.

Tekmira Pharmaceuticals TKMR

Tekmira Initiates TKM-PLK1 Phase 1 Human Clinical Trial

VANCOUVER, British Columbia, Dec. 22, 2010 (GLOBE NEWSWIRE) — Tekmira Pharmaceuticals Corporation TKMR TKM, a leading developer of RNA interference (RNAi) therapeutics, announced today it has initiated patient dosing in a Phase 1 human clinical trial for its lead oncology product, TKM-PLK1. TKM-PLK1 targets polo-like kinase 1, or PLK1, a cell cycle protein involved in tumor cell proliferation and a validated oncology target. Inhibition of PLK1 prevents the tumor cell from completing cell division, resulting in cell cycle arrest and cancer cell death.

Threshold Pharmaceuticals, Inc. THLD

Threshold Pharmaceuticals Announces Promising Early Phase 1 Clinical Trial Results in Patients With Advanced Leukemias

Company Also Starts Preclinical Leukemia Collaboration With MD Anderson Cancer Center

REDWOOD CITY, Calif., Dec. 22, 2010 (GLOBE NEWSWIRE) — Threshold Pharmaceuticals, Inc. THLD, today announced a preclinical collaboration with the MD Anderson Cancer Center and early Phase 1 clinical trial results of TH-302 in patients with advanced leukemias, which is also taking place at MD Anderson. TH-302 is a proprietary Hypoxia-Activated Prodrug (HAP) that specifically targets tumor hypoxia.

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