Stephen Bernard, AP Business Writer
Stocks climb on banking reform, China growth
Stocks extend rally after regulators approve banking reform; China continues growth
NEW YORK (AP) — Stocks are extending their rally into a third week as investors are sending bank stocks higher following new global regulatory requirements and signs that China's economy continues its robust growth.
A round of corporate dealmaking is also giving stocks a lift. Hewlett-Packard is purchasing security software provider ArcSight. Dollar Thrifty has accepted Hertz's acquisition offer.
Global regulators have agreed to reforms that could help avoid another credit crisis that plagued financial markets worldwide in 2008 and early 2009.
The Dow Jones industrial average is up 65, or 0.6 percent, at 10,528. The S&P 500 is up 11, or 1 percent, at 1,120, while the Nasdaq composite is up 36, or 1.6 percent, at 2,279.
Yesterday's Top Performing Small Cap Stock:
Suffer (Pink Sheets: ENTK)
Suffer was a SmallCapVoice.com top performer closing up over 50.00% on trading volume of 1,500 shares.
A New Audio Interview Featuring Frank Mir, Director of Suffer Apparel, is Now at SmallCapVoice.com
Sep. 13, 2010 (Business Wire) — SmallCapVoice.com, Inc. announced today that a new audio interview featuring Frank Mir, Director of SUFFER (Pink Sheets: ENTK) is now available. The interview can be heard here http://smallcapvoice.com/blog/9-10-10-audio-interview-with-suffer-pink-sheets-entk.
Today's SmallCapVoice.com Hot Stock to Watch:
Diamond Ranch Foods, Ltd. DFRO
Diamond Ranch Foods Secures Purchase Orders in Mexico with Annual Revenues Projected to be $5 Million
Sep. 13, 2010 (Business Wire) — Diamond Ranch Foods, Ltd. (OTC BB: DRFO), a meat, poultry and seafood processing and foodservice distribution company, is pleased to announce today that the Company will commence exporting products into Mexico.
Diamond Ranch Foods has secured purchase orders which they project will bring an additional $400,000 in monthly revenue, approximately $5M annually. This will represent an increase in sales of nearly 40% and an increase in the gross profit margin of 20% annually.
Other Small Cap News
U.S. Global Investors, Inc. GROW
U.S. Global Investors Sees Turnaround in FY10 Earnings
Full-Year Results of $0.35 Per Share, Compared to $0.15 Loss in Previous Year
SAN ANTONIO, Texas–(BUSINESS WIRE)–U.S. Global Investors, Inc. GROW, a boutique registered investment advisory firm specializing in natural resources and emerging markets, today reported that earnings for the fiscal year ended June 30, 2010 improved more than 300 percent from the same period a year earlier.
Timberline Resources Corporation (NYSE Amex: TLR)
Timberline Issues Corporate Update
COEUR D'ALENE, Idaho, Sept. 13, 2010 (GLOBE NEWSWIRE) — Timberline Resources Corporation (NYSE Amex:TLR) (TSX-V:TBR) (“Timberline” or “Company”) today issued a corporate update including its key messages, objectives and goals, and reported on the status of its current corporate and exploration activities, including the Timberline “new look” program.
LightPath Technologies, Inc. LPTH
LightPath Technologies Reports Sales of Aspheres in China More Than Double Over the Past Six Months
ORLANDO, FL–(Marketwire – 09/13/10) – LightPath Technologies, Inc. LPTH, a manufacturer, distributor and integrator of patented optical components and assemblies, announced today that sales of its precision molded aspheres and optical assemblies in China have more than doubled over the past six months compared to the prior six month period. LightPath is experiencing strong growth for its molded aspheric lenses in the targeted market segments of consumer and industrial laser tools, medical equipment, and telecommunications.
Wowjoint Holdings Limited BWOW
Wowjoint Holdings Limited Signs $3.5 Million in New Sales Contracts with Eden Technology
BEIJING, Sept. 13 /PRNewswire-Asia/ — Wowjoint Holdings Limited (“Wowjoint,” or the “Company”) BWOW BWOWU, BWOWW), a leading provider of customized heavy duty lifting and carrying machinery used in large scale infrastructure projects such as railway, highway and bridge construction, today announced that it has signed two sales contracts with Italian-based Eden Technology (“Eden”) totaling approximately $3.5 million (2.76 million Euro). This sales deal involves the supply of two 1000 metric ton lifting capacity special launching girders to Eden Technology for the construction of the viaduct in a high-speed railway construction project in South Korea. These girders will be custom made and are expected to be delivered within the next 120-180 days.
Cryo-Cell International, Inc. CCEL
Cryo-Cell International Confirms Receipt of Unsolicited Proposal
Board of Directors Unanimously Rejects Offer and Affirms Company is Not for Sale at This Time
OLDSMAR, Fla., Sept. 13, 2010 (GLOBE NEWSWIRE) — Cryo-Cell International, Inc. CCEL (the “Company”), one of the world's largest and most established family cord blood banks and global stem cell innovators, today confirmed that it has received an unsolicited, non-binding proposal from a private equity group to acquire all the outstanding shares of Cryo-Cell for $1.50 per share in cash. The price was 67 percent higher than Cryo-Cell's closing stock price the day the offer was made.
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
Related posts
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.