Austin, TX 4/24/2009 11:14:54 PM
News / Business

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

Stocks rise on better-than-expected earnings reports

Investors set aside some of their worries about the economy Friday after Ford Motor Co. posted better-than-expected results for the first three months of the year.

The welcome news from Ford comes as investors wait for details on the methodology for the "stress tests" that regulators have given to 19 of the largest U.S. financial institutions. Federal regulators on Friday will privately begin telling the nation's 19 largest financial institutions how well they performed.

The release of the methods could signal which banks might be in trouble and could lead to volatile trading as investors make their assessments. The results of the stress tests won't be publicly released until May 4.

In midmorning trading, the Dow Jones industrial average rose 59.41, or 0.8 percent, to 8,016.47. Broader stock indicators also rose. The Standard & Poor's 500 index rose 6.00, or 0.7 percent, to 857.92, and the Nasdaq composite index rose 10.11, or 0.6 percent, to 1,662.32.

 

Yesterday’s Top Performing SmallCapVoice.com stocks:

 

Attitude Drinks, Inc.,  (OTC BB: ATTD) was a SmallCapVoice.com top performer moving up over 34% on trading volume 162,500 of  shares.

 

Attitude Drinks Incorporated announced today the recent presentation of the latest scientific study validating health claims behind just! ‘Metabolic Health’™, Attitude Drinks’ functional milk drink set to launch in Spring, 2009. Leading researcher, Dr. Michael Zemel, responsible for the development of Innutria®, a functional ingredient found in just!™, presented his latest clinical trial revealing that one daily serving of Innutria® yielded a 300 calorie per day burn by individuals participating in the study. The strongest delivery of this ingredient to date occurs when blended with milk, as found in the formulation of just! ‘Metabolic Health’™.

 

Dr. Zemel’s presentation took place in New Orleans, LA at Experimental Biology on April 19, 2009. Specifically, the results showed the increase in fat oxidation (fat burn) of 1.4 grams per hour or 33.6 grams per day.

 

Roy Warren, CEO of Attitude Drinks Incorporated, commented, “This kind of ground breaking science is the basis for our functional milk drink innovation. We are delighted to be the first to make this important discovery available through our exclusive licensing agreement for Innutria® in dairy products.”

 

Today’s SmallCapVoice.com Hot Stock to Watch:

 

Defense Solutions Holdings, Inc.  (OTC BB: DFSHE)

 

Defense Solutions Holding, Inc. is headquartered in Exton, PA with branch offices on four continents. Established in 2001, Defense Solutions' founding corporate philosophy is to deliver the world's best solutions for our service members who deserve the best equipment, technology, and training, in performing their jobs with minimal risk to their lives and well being.

 

Defense Solutions has worked for U.S. Government departments and agencies to include, the White House, Departments of Defense, State, Homeland Security, and Interior to devise and implement strategies supporting armed forces and civilian programs. Many of these programs directly support US and allied soldiers in combat and veterans in retirement.

In direct support of US-led coalition efforts in Iraq, Defense Solutions has worked for international allied organizations including the Iraqi Ministry of Defense, NATO, and the Multi-National Force in Iraq.

 

Defense Solutions maintains exclusive agreements with various countries to deliver world-class technologies to U.S. and allied nations. Defense Solutions' principal offerings include new production and retrofit of armored vehicles, spare parts, and ammunition, supported by integrated logistics, training, and maintenance solutions.

 

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