11-8-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

David K. Randall, Associated Press Business Writer

Stocks start week lower as dollar gains

Stocks fall in morning trading after ending at more than 2-year highs last week, dollar gains

NEW YORK (AP) — Stocks pulled back Monday as the dollar rose and traders eased back from a rally that brought indexes to their highest levels since the peak of the financial crisis in September 2008.

The Dow Jones industrial average fell 62.03, or 0.5 percent, to 11,382.05 in late morning trading. It had surged 2.9 percent last week after the Federal Reserved announced a $600 billion stimulus package for the U.S. economy.

The Standard and Poor's 500 index fell 5.97, or 0.5 percent, to 1,219.88. The Nasdaq composite index slid 0.73, or 0.1 percent, to 2,578.25.

Technology companies were the only group among the 10 industry areas of the S&P 500 index to post gains. Financial companies were down the most, at 1.3 percent.

Yesterday's Top Performing Small Cap Stock:

Madison Ave. Media, Inc. KHZM

Madison Ave. Media, Inc. was a SmallCapVoice.com top performer closing up over 23% on trading volume of 23,551 shares.

Madison Ave. Media is an advanced digital media company that offers a differentiated and competitive array of marketing technologies and services to clients in multiple industries. Their technology and services bring advanced, highly productive marketing, communications and advertising solutions to clients. And their services address the complete digital media value chain, combining the best practices of traditional media support with the power of technology.

Today's SmallCapVoice.com Hot Stock to Watch:

BRAVADA International Ltd (Pink Sheets: MFLI)

BRAVADA Launches WomensAthletica.com a Women's Health, Fitness and Lifestyle Blog / Ezine and Online Information Intersection

Nov. 8, 2010 (Business Wire) — BRAVADA International Ltd. (www.BravadaWomen.com) (Pink Sheets:MFLI) announced today that it has launched WomensAthletica.com (www.WomensAthletica.com) a comprehensive health, fitness and lifestyle blog / Ezine and online information intersection. WomensAthletica.com has been designed to relegate itself as an overall women's online information intersection as to provide relevant information, news and opinion regarding women's issues from health and fitness to lifestyle and fashion. WomensAthletica.com will have an expanding list of categories and contributors as it provides some of the most diverse mix of online content for women.

Other Small Cap News

Dehaier Medical Systems Ltd. DHRM

Dehaier Medical Wins $2 Million Distribution Bid for Rural Healthcare Construction Project

BEIJING, Nov. 5, 2010 /PRNewswire-Asia-FirstCall/ — Dehaier Medical Systems Ltd. DHRM (“Dehaier” or the “Company”), an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products in China, today announced that it has won a $2 million medical device distribution bid for a new rural healthcare construction project supported by China Development Bank Corp (“CDB”).

Ener1, Inc. HEV

Ener1 Reports Third Quarter Results for 2010

Fifth Sequential Quarter of Revenue Growth

NEW YORK, Nov. 4, 2010 /PRNewswire-FirstCall/ — Ener1, Inc. HEV, today announced financial results for its third quarter ended September 30, 2010. Net sales were $17.3 million in the third quarter of 2010, an increase of 113% over net sales of $8.1 million in the third quarter of 2009. Net sales were $44.3 million for the nine months ended September 30, 2010, an increase of 86% over net sales of $23.9 million in the prior year nine month period. Basic and diluted net loss per share was $0.18 in the third quarter of 2010 compared to $0.14 in the third quarter of 2009. Weighted basic and diluted shares outstanding were 148.6 million in the third quarter of 2010 compared to basic shares of 131.8 million and fully diluted shares of 135.95 million in the second quarter of 2010.

Progenics Pharmaceuticals, Inc. PGNX

Progenics Pharmaceuticals Announces Third Quarter 2010 Financial Results

Net loss for the third quarter of 2010 was $17.1 million or $0.52, basic and diluted, per share, compared to $13.0 million or $0.41, basic and diluted, per share in the third quarter of 2009. Net loss for the nine months ended September 30, 2010 was $50.9 million or $1.57, basic and diluted, per share, compared to $30.0 million or $0.97, basic and diluted, per share for the first nine months of 2009.

AdCare Health Systems, Inc. (NYSE Amex: ADK)

AdCare Health Systems to Acquire Mountain Trace Nursing Center

North Carolina Nursing Home to Increase AdCare's Annualized Revenue Run-Rate by $7.8 Million SPRINGFIELD, OH–(Marketwire – 11/08/10) – AdCare Health Systems, Inc. ADK, a recognized innovator in senior living and health care facility management, has signed a definitive agreement to purchase Mountain Trace Nursing Center, a 106-bed nursing facility in Sylva, North Carolina, for $6.1 million. Read More >>

FuelCell Energy, Inc. FCEL

FuelCell Energy Announces Largest Renewable Biogas Wastewater Treatment Installation for a Direct FuelCell(R) Power Plant

2.8 Megawatt DFC3000 Ultra-Clean Power Generation Solves Clean Air Permitting Issues

DANBURY, Conn., Nov. 8, 2010 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. FCEL a leading manufacturer of ultra-clean high efficiency power plants using renewable and other fuels for commercial, industrial, government, and utility clients, today announced the sale of a 2.8 megawatt (MW) DFC3000 power plant to be installed at a wastewater treatment plant operated by Inland Empire Utilities Agency (IEUA), a municipal water district based in Chino, California. Renewable biogas created by the wastewater treatment process will be the primary fuel source for the generation of ultra-clean electricity. UTS Bioenergy LLC will purchase the DFC3000 and sell the power generated to IEUA under a 20 year power purchase agreement. FuelCell Energy will service the power plant u

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