9-14-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice
Rita Nazareth, Bloomberg
U.S. Stocks Rise on Optimism Over Europe
U.S. stocks rose, erasing earlier losses, as optimism Germany and France will confirm support for Greece offset data on American retail sales and business inventories that pointed to a slowing economy.
Home Depot Inc. (HD) and Cisco Systems Inc. (CSCO) advanced at least 0.6 percent, pacing gains in companies most-tied to economic growth. Yahoo! Inc. climbed 2.1 percent after a person with knowledge of the matter said its board is scheduled to meet to weigh its options after Carol Bartz was ousted last week.
The S&P 500 climbed 0.3 percent to 1,176.15 at 11:36 a.m. in New York. The Dow Jones Industrial Average rose 9 points, or 0.1 percent, to 11,114.85 today.
“There's still hope out there that Europe will get their issues worked out and that Greece is not as big a problem as people think,” Don Wordell, a fund manager for Atlanta-based RidgeWorth Capital Management, which oversees about $48 billion, said in a phone interview. “Maybe some positive comes out of Europe and the market will do well. Still, there are too many unknowns. It's going to be very difficult to convince all the different players in Europe to agree and solve this problem. It's very difficult to trade in this environment.”
Yesterday's Top Performing Small Cap Stock:
Mantra Venture Group, Ltd. (OTCBB: MVTG)
Mantra Venture Group, Ltd. was a SmallCapVoice top performer closing up over 28% on trading volume of 29,100 shares.
Mantra Venture Group, Ltd. (OTCBB: MVTG) is building a portfolio of subsidiary companies and technologies that mitigate negative environmental and health consequences that arise from the production of energy and the consumption of resources. Mantra is quoted on the OTCBB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol 5MV.
Today's SmallCapVoice.com Hot Stock to Watch:
Stronghold Metals Inc. (OTCQX: SDMTF)
Stronghold Metals Inc. Joins OTCQX
NEW YORK, Sept. 14, 2011 /PRNewswire/ – OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade over-the-counter (“OTC”) stocks, announced that Stronghold Metals Inc. (OTCQX: SDMTF; TSX.V: Z), a mining exploration company based in Vancouver, BC, is now trading on the highest tier of the OTC market, OTCQX®.
Merriman Capital Announces Sponsorship of Stronghold Metals on OTCQX
SAN FRANCISCO, Sept. 14, 2011 /PRNewswire/ – Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (NASDAQ:MERR), today announced that it will serve as the Principal American Liaison (PAL) for Stronghold Metals Inc. (TSXV: Z; OTCQX: SDMTF) as it begins trading on OTCQX®.
Other Small Cap News
SecureAlert, Inc. (OTCBB: SCRA)
SecureAlert, Inc. Featured in Businessweek Article on Cutting-Edge Use of Data Analytics
SANDY, UT — (Marketwire) — 09/14/11 — SecureAlert, Inc. (OTCBB: SCRA) (OTCQB: SCRA), a national leader in offender intervention and tracking technologies widely used by public safety agencies throughout the United States and expanding globally, has been featured in a major article on cutting-edge data analytics in Businessweek, the Bloomberg online magazine.
The article, titled “Data Analytics: Crunching the Future,” by technology writer Ashlee Vance, discusses not only SecureAlert's state-of-the-art ReliAlertâ„¢ GPS Tracking technology, which includes both RF and GPS capabilities along with 2- and 3-way communication on a single device, but also highlights the sophistication of the Company's unique multi-communication Intervention Monitoring Center. Importantly, the Company provides customizable solutions for offender types, ranging from violent criminals and sexual predators to juvenile offenders and alcohol abusers, as well as remote support and information for law enforcement officers.
3Power Energy Group (OTCBB: PSPW)
3Power Appoints Two Board Members with Distinguished Expertise in the Operation and Funding of Multibillion Dollar Sized Projects
A Major Step in Supporting and Enhancing the Company's Access to Funding to Complete the Development of Its Project Pipeline
NEW YORK–(BUSINESS WIRE)– 3Power Energy Group Inc. (“3Power” and “the Company”) (OTCBB:PSPW)(Frankfurt:PSD) is pleased to announce the appointment of two new Board Directors to the Company. The Dubai based directors bring with them distinguished expertise in the operation and funding of multibillion Dollar sized projects. The company welcomes Mr. Sharif Rahman and Mr. Uma Balasubramaniam to the Board with immediate effect.
Mr. Sharif Rahman, is currently the CEO of the Falak Holding Group of companies, a Dubai based group involved in several diversified business sectors including as the initiator and a major shareholder of the $3.6 Billion Dubai sport city project – the world's largest sports themed real estate project.
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