Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

The Labor Department said lower energy prices pushed U.S. wholesale prices lower in September, leaving a larger-than-expected monthly decline in the producer price index. Wall Street economists expected a flat reading. The drop comes after a steep rise in August.

Separately, the Commerce Department said home building rose a third time in four months during September, reflecting higher sales this year. The increase, however, was smaller than expected.

The reports overshadowed earnings reports from companies including chemical maker DuPont and Pfizer Inc., the world's biggest pharmaceutical company.

DuPont and health insurer UnitedHealth Group Inc. each cited cost-cutting efforts as they reported better results for the July-September period from a year earlier. Pfizer also reported that lower expenses boosted its earnings.

Caterpillar Inc. said its profit declined in the latest quarter as sales fell short.

Disappointing results from Bank of New York Mellon did little to sway the market. The financial company took a hefty charge during the third quarter to restructure its securities portfolio, resulting in a loss of almost $2.5 billion.

Better-than-expected earnings reports from Apple Inc. and Texas Instruments Inc. late Monday helped restore investor confidence that was shaken late last week by big banks' loan losses.

In morning trading, the Dow Jones industrial average fell 20.10, or 0.2 percent, to 10,072.09.The broader Standard & Poor's 500 index fell 2.52, or 0.2 percent, to 1,095.39, and the Nasdaq composite index fell 3.16, or 0.2 percent, to 2,173.16.

Yesterday’s Top Performing Small Cap stock:

Viper Networks, Inc. (Pink Sheets: VPER) was a SmallCapVoice.com top performer yesterday closing up over 20% on trading volume of 658,124 shares.

Viper Networks, Inc. announces that it has entered into an Agreement with a leading telecommunications operator in the Kingdom of Bahrain, for sales, distribution and other value-added services, as part of the Company's continuing expansion with leading telecom operators throughout Asia, the Middle East, Australia and other continents, for its recently awarded India telecom license.

To complete their telecommunications infrastructure and provide a full range of fixed and nomadic telecommunications services throughout the country, the telecom operator for Bahrain has been working with Viper Networks and Trimax Wireless, a telecommunications industry supplier of WiMAX and wireless technology.

The Company expects to complete network testing shortly and close this distribution agreement and announce details within the next 2-3 weeks.

Today’s SmallCapVoice.com Hot Stock to Watch:

Green Star Alternative Energy, Inc. (Pink Sheets: GSAE)

Green Star Alternative Energy is an environmentally conscious renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focused on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.

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Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles.  For compensation and complete disclaimer click here.

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