Stocks fell on Monday as investors paused after a five-week rally to prepare for key company earnings later in the week, and braced for a potential bankruptcy filing from General Motors. The earnings season starts in earnest, with banks Goldman Sachs, JPMorgan and Citigroup set to report their latest quarterly results this week. The U.S. Treasury is directing GM to lay the groundwork for a bankruptcy filing by June 1, even though the automaker has publicly stated it could reorganize outside of court, The New York Times reported on Sunday.
Yesterday’s Top Performing SmallCapVoice.com stocks:
Who’s Your Daddy, Inc. (OTC BB: WYDI) was a SmallCapVoice.com top performer moving up over 42% on trading volume of 91,000 shares.
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.
Today’s SmallCapVoice.com Hot Stock to Watch:
NXT Nutritionals Holdings, Inc. (OTC BB: NXTH)
NXT Nutritionals Holdings, Inc. (OTCBB: NXTH) a developer and marketer of proprietary, patent-pending healthy natural sweeteners, food and beverage products, announced today the addition of David Deno to its Board of Directors. David Deno is a veteran executive with over 27 years of experience in the restaurant industry having held various key positions including President, CEO and CFO of public and private companies.
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