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 Are Lower on Worries About the Economy
On the heels of solid declines overseas, on disappointing earnings and a larger-than-expected drop in 4Q UK GDP, stocks are under pressure in morning action. In the US, traders are reacting to a slew of earnings reports, including an in line report from GE, a better-than-expected announcement from Google, while Capital One reported a loss and Xerox missed profit projections.
In midmorning trading, the Dow industrials fell 139.22, or 1.71 percent, to 7,983.58.
Broader stock indicators also fell. The Standard & Poor's 500 index fell 10.32, or 1.25 percent, to 817.18, and the Nasdaq composite index fell 10.30, or 0.70 percent, to 1,455.19.
Bond prices mostly fell. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 2.64 percent from 2.60 percent late Thursday.
The dollar was mixed against other major currencies, while gold prices rose.
Meanwhile, oil prices fell $1.63 to $42.04 a barrel on the New York Mercantile Exchange.
Yesterday’s Top Performing SmallCapVoice.com stock:
Advanced Medical Isotope Corporation (OTC BB: ADMD) was yesterday’s SmallCapVoice.com top performer moving up over 66% on trading volume of 75,307 shares.
Advanced Medical Isotope Corporation, a company engaged in the production and distribution of medical isotopes, announced today that it will partner with the U.S Department of Energy (DOE), through the Pacific Northwest National Laboratory (PNNL) on a two-year project with the Kharkiv Institute of Physics and Technology (KIPT) in Ukraine, to develop and bring to market an innovative compact-systems technology for producing critically needed medical isotopes. The Global Initiatives for Proliferation Prevention (GIPP) program under DOE's National Nuclear Security Administration (NNSA) and AMIC will each contribute $760,000 to the project.
A full version of the press release can be viewed at:
http://finance.yahoo.com/news/Advanced-Medical-Isotope-pz-14130496.html
Today’s SmallCapVoice.com Stock to Watch:
GWS Technologies, Inc. (OTC BB: GWSC) is today’s hot stock to watch.
Green Earth Technologies announce that their G-OIL(TM) G-1 Racing Oil proved to be a huge success in real-life testing at the Daytona "Fresh From Florida" test races in the Kinetic Motorsports and Kinetic Sunbelt Engines' BMW M3 GS car. G-OIL(TM) G-1 Racing Oil was found to be robust and held together well with no foaming. In addition, it aided in reducing oil temperature approximately 5 to 10 percent over the oil previously used that was run in a side by side test in another BMW M3 racing car.
A full version of the press release can be viewed at:
http://finance.yahoo.com/news/Green-Earth-Technologies-prnews-14127964.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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