David K. Randall, AP Business Writer
Stocks rise on help for European banks
Stocks rise after European Central Bank offers new support to banks; retail sales gain
NEW YORK [AP] — Stocks are rising in midday trading after the European Central Bank moved to support that region's lenders and U.S. retailers reported stronger sales for September.
The ECB said it would extend more emergency loans to banks. It also said it would buy bank bonds to make it easier for them to lend. Investors have been worried the banks could get hurt if the Greek government defaults on its debt, causing its bonds to lose value.
Target, Nordstrom and other retailers reported sales that beat Wall Street's expectations. The gains suggested the U.S is not headed for another recession.
Yesterday's Top Performing Small Cap Stock:
GreenCell, Incorporated GCLL
GreenCell, Incorporated was a SmallCapVoice top performer closing up over 36% on trading volume of 3,485 shares.
A New Audio Interview With Dan Valladao, CEO of GreenCell, Incorporated, Is Now at SmallCapVoice.com
AUSTIN, Texas, Oct. 6, 2011 /PRNewswire/ – SmallCapVoice.com, Inc. announced today that a new audio interview with GreenCell, Incorporated GCLL is now available. The interview can be heard at http://smallcapvoice.com/blog/10-5-11-smallcapvoice-interview-with-greencell-inc-otcbb-gcll
Today's SmallCapVoice.com Hot Stock to Watch:
GreenLight Resources Inc (TSX-V: GR) PRZCF
GreenLight Identifies Gold-Molybdenum-Antimony Boulder Field 30 g/t Au-1010 g/t Mo-131 g/t Sb
VANCOUVER, BRITISH COLUMBIA-(Marketwire – Oct. 5, 2011) – GREENLIGHT RESOURCES INC. (TSX VENTURE:GR ) PRZCFPH is pleased to announce results from an ongoing prospecting evaluation program that was done concurrently with the recently completed drill program on the 5,080 acre Kemptville gold property. The program uncovered several groups of boulders of crenulated, silicified greywacke carrying weak pyrite and arsenopyrite mineralization. These boulders show variations in the intensity of alteration varying from chloritic to sericitic and the silicification ranges from weak to total replacement of the greywacke. As the intensity of the alteration/silicification increases, so does the gold content of the rock. Samples with weak silicification with chloritic alteration typically run from approximately 100 ppb (parts per billion) Au (gold) to approximately 1 gpt (gram per tonne) Au. The most intensely altered samples gave results of 1 gpt to >30 gpt. The boulders vary in size from 10 kg to 5 tonnes and are grouped in tight clusters in three separate areas. Assays were run by Activation Labs in Toronto using the neutron activation method for gold assays and the total digestion ICP method for molybdenum and antimony.
SmallCapVoice Clients' News
Exergetic Energy Inc. XNGR
In a New Audio Interview at SmallCapVoice.com Clarence McCollum, CEO of Exergetic Energy, Inc., Updates Shareholders on Recent News
AUSTIN, Texas, Oct. 6, 2011 /PRNewswire/ – SmallCapVoice.com, Inc. announced today that a new audio interview with Exergetic Energy, Inc. [EEI] XNGR, an integrated energy supply company, is now available. The interview can be heard at http://smallcapvoice.com/blog/10-5-11-smallcapvoice-interview-with-exergetic-energy-inc-otcqb-xngr/
Other Small Cap News
Greenberg Traurig, LLP (NYSE Amex: MDF)
Greenberg Traurig Represents Metropolitan Healthcare Networks, Inc. in its $403+ Million Acquisition of Continucare Corporation and the Related Acquisition Financing
MIAMI-(BUSINESS WIRE)- Greenberg Traurig, a full-service international law firm, represented Metropolitan Health Networks, Inc. (NYSE AMEX: MDF) (“Metropolitan”) in its $403+ million cash and stock acquisition of Continucare Corporation (formerly NYSE: CNU) (“Continucare”), including Metropolitan's procurement of $315 million of related acquisition financing from a syndicate of lenders led by GE Capital. The acquisition, which was announced in June 2011 and closed on October 4, 2011, makes Metropolitan the largest provider service network serving the Medicare and Medicaid eligible population in Florida, and one of the largest in the United States with over 68,000 Medicare Advantage and Medicaid customers.
Vringo, Inc. (NYSE Amex: VRNG)
Verizon Wireless and Vringo Launch Facetones™ in V CAST Apps
Innovative New Facetones™ App Provides Integration with Facebook® and Displays Automated Social Media Videos When a Phone Rings
BASKING RIDGE, N.J. and NEW YORK, Oct. 6, 2011 /PRNewswire/ – Verizon Wireless, operator of the nation's most reliable and largest wireless voice and 3G data network, and Vringo, Inc. (NYSE Amex: VRNG), a provider of software platforms for mobile, social and video applications, today announced that Vringo's innovative new Facetones™ application is now available in V CAST Apps on select Verizon Wireless devices.
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 audio interviews, as well small cap company'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 company information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
IMPORTANT DISCLAIMER – PLEASE READ THOROUGHLY
SmallCapVoice (SCV) is an electronic publication. Information sources for our profiles include, but are not limited to, online research, member suggestions, magazines, newspapers, analyst suggestions, information provided by the profiled company, press releases and similar sources. This communication is not an offer to sell or a recommendation that you buy or sell any security. SCV holds no securities licenses and is not qualified to provide investment advice. We are compensated for these advertisements by the profiled companies. You should not use this newsletter as the sole basis for any investment decision. While all investments involve risk, microcap stocks are among the most risky. Many microcap companies have no proven track record. You should only invest in microcap companies if you can afford to lose your entire investment. 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. These profiles are paid advertisements. Although we have a reasonable belief that the information in each profile is accurate, we cannot guarantee that the information is accurate. It is important for you to verify all information by your own independent research. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our website or in our e-mail communications.
Contact:
Stuart T. Smith CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
