Austin, TX 4/9/2009 11:01:12 PM
News / Business

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

Stocks jump on the heels of Well Fargo profit surprise

Wall Street is opening higher after banking giant Wells Fargo & Co. issued a surprise profit announcement that was far above analysts' estimates.

 

The Wells Fargo news Thursday is a welcome sign for investors who have been looking for indications that the credit and lending markets are improving.

 

The market is looking past uneven monthly sales reports from retailers and mixed economic news and sending banks and other shares sharply higher.

 

In the early going, the Dow Jones industrial average is up 145 at 7,982. The Standard & Poor's 500 index is up 18 to 844, and the Nasdaq composite is up 28 at 1,619.

 

Yesterday’s Top Performing SmallCapVoice.com stocks:

 

Omega Commercial Finance Corporation  (OTC BB: OCFN) was a SmallCapVoice.com top performer moving up over 33% on trading volume of 50,758 shares.

 

Omega Commercial Finance Corporation is pleased to announce that the Company through BBB Developments Mexico S de R de CV has signed a letter of intent with KSI Capital to fund a minimum of 25 million dollars for the development of their Los Corales project located in Puerto Penasco, Mexico.

 

Today’s SmallCapVoice.com Hot Stock to Watch:

 

Who’s Your Daddy, Inc. (OTC BB: WYDI)

 

Who’s Your Daddy, Inc. (WYD) announced an endorsement deal with undefeated Heavyweight contender Chris Arreola today. WYD’s announcement comes days before Arreola’s April 11th fight against Heavyweight veteran Jameel McCline at Mandalay Bay Hotel & Casino in Las Vegas. Under the terms of the agreement, Arreola will wear the company’s brand logo on his trunks during the fight. Arreola will also promote the company’s products through the use of his likeness on the company website.

 

 

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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.

 

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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