Stocks fell modestly in morning trading Tuesday as investors are showing a little more caution amid mixed earnings reports after the market's huge two-week rally.
Investors are following their counterparts overseas in sending major indexes lower.
Mixed earnings reports continued Tuesday morning as Viacom Inc. reported a sharp decline in profit and Valero Energy Corp. posted a quarterly loss. However, both results were slightly better than expectations.
Markets had been surging as many major compose profits were handily beating expectations and outlooks were improving. With more mixed results in recent days, stocks have taken a pause in their march higher.
In early trading, the Dow Jones industrial average is down 18.59, or 0.2 percent, at 9,089.92. The Standard & Poor's 500 index is down 3.45, or 0.4 percent, at 978.73, while the Nasdaq composite index is down 2.45, or 0.1 percent, at 1,965.44.
Yesterday’s Top Performing Small Cap stock:
ICC Worldwide, Inc. (OTC BB: ICCW) was a SmallCapVoice.com top performer closing up 20% on trading volume of 30,000 shares.
ICC Worldwide, Inc. provides a specialized range of wholesale communications services and products to an extensive channel serving the diverse immigrant worker communities in various parts of Western Europe. ICC also partners with local utility organizations to provide advanced telephony products and services to the various utility's customers. The firm's principal operating units are located in Italy, Belgium, Spain, and Romania; while ICC's U.S. headquarters is based in the Southern California community of Corona del Mar.
Today’s SmallCapVoice.com Hot Stock to Watch:
HearAtLast Holdings, Inc. (Pink Sheets: HRAL)
HearAtLast Holdings, Inc. is a Nevada corporation that owns and operates its wholly-owned subsidiary of hearing stores co-located within select Wal-Mart stores throughout Canada. Their chain of hearing stores specializes in the sale of digital hearing aids and testing services. The Company is the affordable hearing solution for Canadians, combining the most sought after retail space in North America with convenience and location. HearAtLast provides State of the Art Hearing Testing and Dispensing services to individuals with all types of measurable hearing loss.
HearAtLast facilities sell a selection of high quality brand name hearing aids and also offer complimentary screening tests, clinical hearing tests, high end ear buds and assistive listening devices. The Company's mission is to consolidate the highly fragmented hearing services industry while providing unparalleled service to the estimated 30+ million hearing impaired individuals throughout North America. After a prescription is approved, the independent on-site audiologists and hearing aid practitioners at HearAtLast utilize a refined process to dispense the latest in Name Brand digital hearing aids.
SIONIX Corporation (OTC BB: SINX)
"Elixir" is a registered trademark of SIONIX Corporation. SIONIX develops new concepts in "Modular Packaged Water Treatment Systems" using dissolved air flotation (DAF) and membrane technology designed for the waste water treatment and drinking water industries. SIONIX owns eight product and process patents and two are pending. The Company is evolving peripheral and new products for water treatment applications.
SIONIX designs "Safe Water Systems" that require uninterrupted water supplies with many applications in mind, such as defense, government facilities, emergency water supplies during natural disasters, hospitals, pharmaceuticals, resorts and hotels, housing development projects, industrial applications and brackish waste water from oil and gas drilling. Intended applications also include desalinization and pre-treatment for reverse osmosis and other membrane applications. Industrial applications would also include industrial waste water, bottled water, industrial process water, food, dairy, agri-business, meat processing, and hog and poultry operations.
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