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

Stocks tiptoed higher early Thursday as signs of improvement in the labor market overshadowed a rash of ho-hum retail sales.

The Dow Jones industrial average added 25 points, or 0.3%, in the early going. The S&P 500 index rose 4 points, or 0.5%. The Nasdaq composite gained 12 points, or 0.6%.

The Labor Department's report on jobless claims showed a slight slip to 621,000 in the week ended May 30 from the revised 625,000 in the prior week. The figure was close to the 620,000 projected by a consensus of economists.

Also, continuing claims declined for the first time since January.

A revised reading on productivity showed an increase of 1.6% for the first quarter, compared to an initial reading of a 0.8% rise. This was higher than the revised gain of 1.2% expected by Briefing.com consensus.

Yesterday’s Top Performing Small Cap stock:

GWS Technologies, Inc. (OTC BB: GWSC) was a SmallCapVoice.com top performer moving up over 18% on trading volume of 37,100 shares.

“GWS” stands for GreenWindSolar. GWS is an alternative energy company developing renewable energy solutions. A “green” wave of emerging environmental regulations, and government-wide “green” initiatives, are changing the way consumers, the commercial sector, and states, counties and municipalities, do business. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.

Today’s SmallCapVoice.com Hot Stock to Watch:

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

Defense Solutions, Inc., an international project management and executive consulting firm, a wholly owned subsidiary of Defense Solutions Holdings, Inc., announced today that the Company has signed a $750,000 contract to supply pipeline parts to North Gas Company, a state-owned company of Iraq. This contract represents Defense Solutions’ first commercial-based contract in Iraq and an important milestone in our commitment to the rebuilding process.

“This first commercial contract in Iraq illustrates the importance of our in-country presence, solidifying our relationship with the Iraqi government, and the significance of Defense Solutions commitment to rebuilding Iraq," commented Defense Solutions' Chief Executive, Colonel Timothy Ringgold, US Army (Retired). "Today’s announcement represents the tip of the iceberg. We anticipate additional significantly larger contracts from Iraq as their government continues to focus on rebuilding the country. Contracts may consist of various military and non-military projects including rebuilding of homes, businesses and infrastructures such as roads and bridges. I look forward to updating our shareholders with additional developments and revenue opportunities."

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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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