2-9-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Submitted by SmallCapVoice.com
Stocks rally behind Caterpillar earnings and Greece debt help
Stocks rose broadly on Tuesday with Caterpillar Inc and other industrial shares benefiting from a broker upgrade and talk of help for debt-burdened Greece reviving investor sentiment.
Speculation Greece could get help from the European Union underpinned the rise in stocks, boosting commodity prices and resource shares as the U.S. dollar weakened. Concerns over rising debt in some euro zone countries has sapped confidence from equity markets of late.
European Central Bank President Jean-Claude Trichet was leaving a meeting of central bankers in Sydney early to attend a European Union leaders’ summit. Even so, two ECB policymakers reiterated that Greece must get its own house in order as the European Central Bank cannot bail it out.
The Dow Jones industrial average gained 130.90 points, or 1.32 percent, to 10,039.29. The Standard & Poor’s 500 Index rose 12.40 points, or 1.17 percent, to 1,069.14. The Nasdaq Composite Index was up 21.81 points, or 1.03 percent, at 2,147.86.
Yesterday’s Top Performing Small Cap Stock:
GWS Technologies, Inc. (OTC BB: GWSC) was a SmallCapVoice.com top performer yesterday closing up over 11% on trading volume of 19,050 shares.
GWS stands for GreenWindSolar. We are an alternative energy technology company focused on developing, marketing, and implementing solar and wind-powered renewable energy products and solutions for various commercial, industrial, and governmental end-users. We are also building strategic partnerships with companies that are developing cutting-edge technologies and solutions. By harnessing the power of the wind and the sun, we’re helping consumers and businesses generate their own clean power, reduce carbon emissions, and become part of the global energy solution.
Today’s SmallCapVoice.com Hot Stock to Watch:
XcelPlus Global Holdings, Inc. (Pink Sheets: XPGH)
XcelPlus Global Holdings Sees Bright Future in Renewable Fuel Market
XcelPlus Global Holdings, Inc. manufactures and markets innovative, cost-effective and environmentally sensitive Bio-Based Fuels for Industrial Manufacturing. The Company’s currently building market dominance in the heavy construction industries while they are exploring opportunities in the food processing, light and heavy manufacturing manufacturing industries.
XcelPlus renewable biomass products are designed to meet the energy needs of today and tomorrow. The XcelPlus team is comprised of multiple professions from both the traditional and renewable fuels industries with one goal in mind, to produce renewable fuels from federally mandated renewable biomass resources for the industrial settings.
XcelPlus reported sales of $7,830,350 for the eleven months ended November 30, 2009.
Green House Gas Emissions, Carbon Emissions and Particulate Matter Emissions will affect every major manufacturer in this country. XcelPlus solution is to implement clean renewable biomass derived fuel as a strategic reduction option that is often overlooked.
SmallCapVoice Clients’ News
China Jo-Jo Drugstores, Inc. (OTCBB: CJJD)
China Jo-Jo Drugstores Announces Fiscal Third Quarter 2009 Results
Fiscal Third Quarter 2009 Highlights
- Revenues increased 29.1% period-over-period to $14.9 million
- Gross profit increased 43.4% period-over-period to $4.8 million
- Income from operations increased by 25.2% period-over-period to $3.4 million
Other Small Cap News
Alpha Pro Tech, Ltd. (NYSE Amex: APT)
Alpha Pro Tech, Ltd. Announces Additional $2 Million Expansion to Stock Repurchase Program
NOGALES, Ariz.–(BUSINESS WIRE)–Alpha Pro Tech, Ltd. (NYSE Amex: APT), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced that its Board of Directors has authorized an expansion to the share repurchase program of the company’s Common Stock for up to $2 million beyond the current share repurchase program already in place.
Motorola, Inc. (NYSE: MOT)
Motorola Ventures Leads Financing for TuneWiki
SCHAUMBURG, Ill. and TEL AVIV, Israel, Feb. 8 /PRNewswire-FirstCall/ — Motorola, Inc. (NYSE: MOT), through its strategic investment arm, Motorola Ventures, today announced a strategic investment in TuneWiki Ltd., the award-winning provider of next-generation social media music players and related applications.
Transgenomic, Inc. (OTCBB: TBIO)
Transgenomic Demonstrates Very High Sensitivity Detection of Tumor-Associated KRAS Mutations in Matched Plasma Samples Using COLD-PCR
OMAHA, Neb., Feb. 8 /PRNewswire-FirstCall/ — Transgenomic, Inc. (OTC Bulletin Board: TBIO) announced today that it has completed a preliminary study with a leading pharmaceutical company that validates the use of its licensed COLD-PCR technology to detect colorectal tumor-associated KRAS mutations that determine efficacy of recently developed therapies.
Borders Group, Inc. (NYSE: BGP)
Barnes & Noble: nook in most stores by midweek
Barnes & Noble says nook eBook reader will be available in most stores by midweek
NEW YORK (AP) — The Nook electronic book tablet sold by Barnes & Noble will be available again in most stores by midweek after quickly selling out over the holidays, the company said Monday.
Express-1 Expedited Solutions, Inc. (NYSE Amex: XPO)
XPO Reports Fourth Quarter Revenue Growth of 27%
In the fourth quarter, preliminary revenue from continuing operations increased by 27% to $31.6 million compared to $25.0 million in the fourth quarter of 2008.
BPZ Resources, Inc. (NYSE: BPZ)
BPZ Energy Announces Closing of $140 Million Convertible Senior Notes
The Notes will be convertible under certain circumstances and during certain periods at an initial conversion rate of approximately 148.38 shares of BPZ’s common stock per $1,000 principal amount of Notes, representing an initial conversion price of approximately $6.74 per share of BPZ common stock, which is equal to an approximate 20% conversion premium over the negotiated reference price.
Versar, Inc. (NYSE Amex: VSR)
Versar, Inc. Awarded $13 Million Subcontract to Provide Chemical Munitions Destruction Using Explosive Detonation Technology
SPRINGFIELD, Va.–(BUSINESS WIRE)–Versar, Inc. (NYSE Amex:VSR) announced today the award of a $13 million subcontract from URS Corporation (NYSE: URS) through its EG&G Defense Materials subsidiary for Chemical Munitions Destruction using the first-of-a-kind DAVINCH system (Detonation in a Vacuum Assisted Chamber).
PuraMed BioScience (OTCBB: PMBS)
PuraMed BioScience Secures up to $7.5 Million Funding Commitment From Southridge Partners II, Ltd.
SCHOFIELD, Wis., Feb. 9, 2010 (GLOBE NEWSWIRE) — PuraMed BioScience (OTCBB:PMBS), a pharmaceutical company engaged in the development and marketing of a line of revolutionary, new, non-prescription medicines that treat migraine headaches, insomnia and tension-type headaches under the brand name LipiGesic(TM), announced today that it has recently secured an Equity Credit Agreement of up to $7,500,000, over the course of 24 months, which will allow the Company to initiate further efforts to reach its goals and objectives as outlined in its business plan.
KeyOn Communications Holdings, Inc. (OTCBB: KEYO)
KeyOn Closes Second Acquisition under Rural UniFi Program
KeyOn makes another accretive acquisition of network assets based in Ottumwa, IA
OMAHA, Neb.–(BUSINESS WIRE)–KeyOn Communications Holdings, Inc. (OTCBB: KEYO), one of the largest providers of wireless broadband, satellite video and voice over Internet protocol (VoIP) services in the United States, announced closing the acquisition of substantially all of the assets of Affinity Wireless Services, LLC.
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