4-14-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Stocks rise on better-than-expected earnings from Intel and JPMorgan Chase
Stock climb on earnings from Intel and JPMorgan Chase; Bernanke says rates will remain low
Upbeat economic forecasts from Intel Corp. and JPMorgan Chase & Co. propelled stocks higher.
The gains Wednesday pushed the Standard & Poor’s 500 index over the 1,200 mark for the first time in a year and a half. The Dow Jones industrial average rose about 50 points.
The market made a broad advance after a variety of indicators signaled the economy is recovering. Federal Reserve Chairman Ben Bernanke told Congress’ Joint Economic Committee that the recovery should hold but that high budget deficits must be addressed.
In late morning trading, the Dow rose 47.54, or 0.4 percent, to 11,066.96. The S&P 500 index rose 5.43, or 0.5 percent, to 1,202.73, while the Nasdaq composite index rose 18.14, or 0.7 percent, to 2,484.13.
Yesterday’s Top Performing Small Cap Stock:
Attitude Drink Company, Inc. (OTCBB: ATTD)
Attitude Drinks, Inc. was a SmallCapVoice.com top performer yesterday closing up over 40% on trading volume of 1,555,514 shares.
Phase III Recovery® are very excited about the unique nature, functionality, consumer interest and sales prospects for the brand. “Working with our distributor in New York, High Five Distributors, we have strategically placed Phase III in retail outlets in virtually all channels of trade over the past few weeks. It is becoming clear that target consumers understand the science of our Grade A Milk recovery drink.”
Today’s SmallCapVoice.com Hot Stock to Watch:
GWS Technologies, Inc. (OTCBB: GWSC)
GWS Technologies, Inc. Announces Plan for Solar Projects in Mexico
Apr. 14, 2010 (Business Wire) – GWS Technologies, Inc. (OTCBB: GWSC) an alternative energy company developing renewable energy solutions, today announced that it is preparing plans for proposed solar farm sites ranging in size from 80 acres to 400 acres contiguous to electric substations in Veracruz and Chiapas, Mexico. GWS will provide engineering, project management, solar equipment and technology integration on the projects, with estimated costs ranging from $50M USD to $250M USD per project.
SmallCapVoice Clients’ News
Tootie Pie Company (OTCBB: TOOT)
SectorWatch.biz: The Proof is in the Pie
IRVINE, Calif., April 14, 2010 (GLOBE NEWSWIRE) – SectorWatch.biz announces the availability of a commentary of interest to investors in Tootie Pie Company, Inc. (OTCBB:TOOT) and other foodservice-related equities making news and driving markets today. Investors can view our free commentaries at: www.SectorWatch.biz – in association with Boardmark.com, a dynamic social networking site for investors.
Other Small Cap News
Catalyst Pharmaceutical Partners Inc. (Nasdaq: CPRX)
Catalyst enters partnership on anti-addiction drug
Catalyst, National Institute on Drug Abuse will partner on new trial of cocaine addiction drug
Catalyst Pharmaceutical Partners Inc. said Tuesday it found a new partner to develop a drug intended to help treat cocaine addiction, and the company’s shares surged on the news.
NexMed, Inc. (Nasdaq: NEXM)
NexMed and Angstrom Pharmaceuticals to Present Data on A6 Drug at AACR
Premier Event For Cancer Research
NexMed, Inc. (Nasdaq: NEXM), a specialty CRO with a pipeline of products based on the NexACT(R) technology, today announced that Bio-Quant, its wholly-owned subsidiary, and Angstrom Pharmaceuticals, a privately-held pharmaceutical company, will jointly present data at the 101st Annual Meeting of the American Association for Cancer Research (AACR), in Washington, D.C. from April 17-21, 2010. The poster presentation, entitled, “A6 peptide binds to CD44 and inhibits migration and metastasis of CD44+ cell lines in in vitro and in vivo studies,” covers pre-clinical work completed by Bio-Quant on Angstrom’s lead product, A6, currently in Phase 2 development for ovarian cancer.
Entree Gold, Inc. (NYSE Amex: EGI)
Entree Gold Provides Exploration Update for 2010
VANCOUVER, April 13, 2010 /PRNewswire-FirstCall/ — Entree Gold Inc. (TSX:ETG; NYSE AMEX:EGI; Frankfurt:EKA – “Entree” or the “Company”) is initiating exploration programs on several of its globally diversified projects.
JetBlue Airways Corp. (Nasdaq: JBLU)
JetBlue March traffic, capacity rises
JetBlue traffic, capacity, occupancy rises in March compared to same month in 2009
NEW YORK (AP) — JetBlue Airways Corp. said its March traffic, capacity and occupancy rose compared to the same month a year ago.
The airline said Tuesday it flew 2.45 billion revenue passenger miles last month, a 9.1 percent increase compared to 2.25 billion in March 2009. A revenue passenger mile is an industry unit measuring one paying passenger flown one mile.
Oncolytics Biotech Inc. (Nasdaq: ONCY)
Oncolytics Biotech(R) Inc. Announces Reovirus Research to be Presented at AACR Annual Meeting
Oncolytics Biotech Inc. (“Oncolytics”) (TSX:ONC, NASDAQ:ONCY) announced today that abstracts covering both clinical and preclinical research with reovirus (REOLYSIN(R)) are available on the American Association for Cancer Research (AACR) website at www.aacr.org, and on the Oncolytics website at www.oncolyticsbiotech.com. The research is scheduled to be delivered at the 101st AACR Annual Meeting in Washington, DC, April 17-21, 2010.
IncrediMail Ltd. (Nasdaq: MAIL)
IncrediMail Board Approves $4.1 Million Final 2009 Dividend and Announces Record and Payment Dates
TEL AVIV, Israel–(BUSINESS WIRE)–IncrediMail Ltd. (NASDAQ: MAIL), an Internet company, today announced that its Board of Directors approved a final cash dividend for 2009 of $0.43 a share, totaling approximately $4.1 million. This dividend is in addition to the interim dividend of $0.40 per share already distributed December 30, 2009, bringing the total dividend for 2009 to $0.83 per share.
Gilat Satellite Networks Ltd. (Nasdaq: GILT)
Gilat to Supply a Multinational Broadband Satellite Network for Lottery in Africa
PETAH TIKVA, Israel, April 14, 2010 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq:GILT) today announced that it is providing a multi-million dollar broadband satellite communications network for a large gaming and lottery project in Africa.
Dialysis Corporation of America (Nasdaq: DCIA)
U.S. Renal Care, Inc. Announces Definitive Agreement to Acquire Dialysis Corporation of America
Strategic acquisition will significantly expand U.S. Renal Care’s provision of outpatient dialysis services
PLANO, Texas and LINTHICUM, Md., April 14 /PRNewswire-FirstCall/ — U.S. Renal Care, Inc. (“USRC”), a privately-held leading provider of outpatient dialysis services, and Dialysis Corporation of America (Nasdaq:DCAI) (“DCA”), a leading provider of outpatient kidney dialysis centers, announced today that they have entered into a definitive merger agreement for USRC to acquire DCA.
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