Austin, TX 3/6/2008 12:37:18 AM
News / Business

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

Better-Than-Expected ISM Report Fuels Market Surge

SmallCapVoice.com, Inc., a recognized corporate consulting firm known for its ability to help emerging growth companies build a following among retail and institutional investors, provides the following market commentary and small cap stock highlights:

 

Better-Than-Expected ISM Report Fuels Market Surge

 

Stocks spiked higher after the ISM Non-Manufacturing Composite Index rose more than expected, easing fears that the growth may be quickly slumping and overcoming negative sentiment from an unexpected drop in private payrolls. In other corporate news, Pfizer reaffirmed guidance, Costco Wholesale matched profit expectations, Saks missed, and Big Lots and BJ's Wholesale beat. Additionally, WCI Communities sees a big loss in 4Q

 

In midmorning trading, the Dow Jones industrial average rose 101.60, or 0.83 percent, to 12,315.40.

Broader stock indicators also carved out gains. The Standard & Poor's 500 index rose 12.79, or 0.96 percent, to 1,339.54, while the Nasdaq composite index rose 22.46, or 0.99 percent, to 2,282.74.

Bond prices fell Wednesday following the better-than-expected data on the service sector. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 3.68 percent from 3.63 percent late Tuesday.

The dollar was mixed against other major currencies, while gold prices rose.

Light, sweet crude rose $2.05 to $101.57 on the New York Mercantile Exchange.

 

 

Tuesday’s Top Performing SmallCapVoice.com stocks:

Sino Agro Food, Inc.  (Pink Sheets: SIAF) was SmallCapVoice.com’s top performer for 3/4/08 closing up over 8% on trading volume of 7,600 shares.

 

The Company’s main business activity is in the development of and/or to acquire viable agriculture related businesses in P.R.C. and to promote the application of environmental friendly technologies to enhance shareholders’ benefits. In P.R.C. the rapid progress of industrialization of the last decade has unbalanced the needs of developments and activities of the agriculture industry, (i.e. diminishing of agriculture land, scarcity of farm laborers, industrial pollution and the generally over usage of chemical etc.). Therefore the P.R.C. Government has in recent years directed many incentive schemes and policies with the aim to revitalize and to modernize its agriculture industry. (i.e. Protection of agriculture land, stringent laws in governing the ownership and usage of agriculture land, tax free incentive applying to incomes generated from the industry and enforcing environmental friendly developments etc.)Management of the Company has many years of practical and professional experience in various and many sectors of the agriculture industry and decided in year 2004 that it was the right timing and there would be many opportunities available to develop agricultural ventures in P.R.C. The company’s business operations are and / or will be operated by its subsidiaries and as such its main function will be as their ultimate holding company.

 

 

Today’s Hot Stocks to Watch:

 eFoodSafety.com, Inc. (OTC BB: EFSF) is today’s SmallCapVoice.com’s hot stock to watch.

 

SmallCapVoice.com, Inc. announced that an audio interview with eFoodSafety.com, Inc. is available at http://www.smallcapvoice.com/efsf/efsf-3-4-08.php.

 

eFoodSafety.com, Inc. is dedicated to improving health conditions around the world through its innovative technologies. The company’s Knock-Out Technologies, Ltd. subsidiary has developed an environmentally safe sporicidal product formulated entirely of food-grade components that eradicates anthrax, and a germicidal product, Citroxin™ (formerly named Big Six Plus) – EPA Reg. No. 82723-1 that kills six major bacteria: E-coli, Listeria, Pseudomonas, Salmonella, Staphylococcus, and Streptococcus, Avian Influenza, and Black Mold. The sporicidal product has completed its final efficacy laboratory study requisite for EPA registration. In the study, it eradicated both Clostridium Sporogenes and Bacillus Subtilis with 100% efficacy on both hard and porous surfaces. The OraPhyte™ product, has been tested and shown to be effective at eradicating nematodes by the U.S. Department of Agriculture, and is currently at three major universities with Agricultural Departments undergoing crop-specific research.

 

 

To get small cap and OTC stock quotes, company news, and much more please visit www.smallcapvoice.com. Don’t forget to sign up for our complimentary newsletter. Our newsletter comes out once a day in the morning and features great small cap stock news, audio interviews, investor fact sheets on quality small cap stocks and more. We will never share your email address and we use Constant Contact, the industry standard for ethical email distribution. This provider makes it just as easy to opt-out as it is to opt in guaranteed!

 

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 daily stock picks, audio interviews, as well as its client'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 investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

Contact:

Stuart T. Smith

CEO

512-267-2430

ssmith@smallcapvoice.com
http://www.smallcapvoice.com