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

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:

Stocks Move Lower on Weak Employment Data and Earnings Woes

Stocks fell sharply Wednesday, as a handful of bleak profit outlooks and more evidence of escalating unemployment served as stark reminders that the economy remains in rough shape.

Underscoring investors' growing fears that 2009 is shaping up to be a difficult year for many sectors, Time Warner and Intel on Wednesday issued disappointing guidance.

Time Warner Inc. said it expects to record a fourth-quarter $25 billion impairment charge for its cable, publishing and AOL units that will lead to an operating loss for the period and a loss for the full year. It had expected a profit between $1.04 and $1.07 per share for the year.

Meanwhile, computer chip maker Intel Corp. said it expects fourth-quarter revenue to drop 23 percent, below prior estimates, due to weak demand and inventory reductions by its computer maker customers.

In late morning trading, the Dow dropped 186.46, or 2.07 percent, to 8,828.64. The Standard & Poor's 500 index fell 21.57, or 2.31 percent, to 913.13, while the Nasdaq composite index fell 41.70, or 2.52 percent, to 1,610.68.

The Russell 2000 index of smaller companies was down 14.98, or 2.91 percent, to 499.73.

Bond prices rose on Wednesday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 2.46 percent from 2.47 percent late Tuesday. The yield on the three-month T-bill, considered one of the safest investments, edged lower to 0.11 percent from 0.14 percent.

The dollar fell against other major currencies. Gold prices also fell.

Crude oil prices slipped $2.46 to $46.12 a barrel on the New York Mercantile Exchange.

Yesterday’s Top Performing SmallCapVoice.com stocks:

Who’s Your Daddy (OTC BB: WYDI) was yesterday’s SmallCapVoice.com top performer moving up over 7% on trading volume of 129,253 shares.

Today’s SmallCapVoice.com Hot Stock to Watch:

Puritan Financial Group, Inc.,  (OTC BB: PTNG) is today’s hot stock to watch.

Puritan Financial Group, Inc. announced today it has appointed Trenton S. Sommerville Chief Executive Officer and Chairman of the Board. Mr. Sommerville succeeds Jerry Gruenbaum who will remain as a Director of the company. Mr. Gruenbaum stated, "We are very pleased to have someone of Mr. Sommerville's dedication and experience join our team. His energy level, work ethic and commitment to success are exactly what we need to move the company forward."

A full version of the press release can be viewed at:

http://finance.yahoo.com/news/Puritan-Financial-Group-Inc-bw-13988804.html

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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.

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Stuart T. Smith

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ssmith@smallcapvoice.com
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