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Jul/10

7

SC Daily- TTCS Climbs Higher and TOPZ Issues Big News

Having trouble viewing this email Click here http://campaign.constantcontact.com/renderv001u7_KEUTyvZlURKGYHHvbv2X53no5wRdra4_rJjqcZHprSIstxDfNbSg1uoNjLixcT5AlhsWRkrjzHOnrGKB7m8K20Q78uibK7voasSIpDv028ThruOZdfg%3D%3D 7-7-10 Small Cap Daily by SmallCapVoice.com ————————————– Yesterday`s Top Performers ————————————– Company: Tie Technologies, Inc. (Pink Sheets: TTCS) End of day:

Price: 1.80 Change (%): + 0.20 (12.50) Volume: 4,000 http://bit.ly/9KeCUD —————————– Hot Stocks To Watch —————————– Company: Topaz Resources, Inc. (OTCBB: TOPZ) End of day:

Price: 0.92 Change (%): + 0.02 (2.22) Volume: 266,545 http://bit.ly/9CPHt8 Topaz Resources Reports Significant International Investment in Texas Shale Gas Development DENTON, TX–(Marketwire – 07/07/10) – Topaz Resources, Inc. (OTC.BB:TOPZ), an independent oil and gas company (“Topaz” or the “Company”), today reported Reliance Industries, the Indian conglomerate, agreed to buy 45% of Pioneer Natural Resources` acreage in the Eagle Ford natural-gas shale in South Texas for $1.35 billion.

Read More >> http://yhoo.it/bmcEKN ——————————– Other Small Cap News ——————————– Company: Level 3 Communications, Inc. (Nasdaq: LVLT) http://bit.ly/bTBB20 Level 3 Upgrades Ultra-Low-Latency Fiber Network from London to Frankfurt Upgrade Deepens Level 3 Commitment to Financial Services Industry LONDON–(BUSINESS WIRE)–Level 3 Communications, Inc. (NASDAQ: LVLT) today announced it has upgraded its ultra-low-latency fiber-optic network connection from London to Frankfurt. The upgrade significantly improves latency on this route as well as the Frankfurt-to-New York and Frankfurt-to-Chicago routes, enabling higher-speed transaction rates with very low transmission delays for financial exchanges and other trading venues.

Read More >> http://yhoo.it/agzEqD ————————————————————————— Company: Capital Gold Corporation (NYSE Amex: CGC) http://bit.ly/c4LsdZ Capital Gold Corporation Stockholders Approve Business Combination Agreement With Nayarit Gold NEW YORK, July 6 /PRNewswire-FirstCall/ — Capital Gold Corporation (NYSE Amex: CGC; TSX: CGC) announced that, at its special meeting of stockholders held July 2, its stockholders voted to approve the proposed business combination with Nayarit Gold, Inc. (TSX.V: NYG). Closing of the transaction is expected to take place as soon as practicable, following compliance with all closing conditions including the approval of the Nayarit Gold, Inc. shareholders at its special meeting scheduled to be held July 12, 2010. The Company anticipates that the transaction will close in August although that cannot be assured.

Read More >> http://yhoo.it/cztuFd ————————————————————————– Company: GSE Systems, Inc. (NYSE Amex: GVP) http://bit.ly/b8yML8 GSE Announces over $8 Million in Nuclear Sector Simulation Awards SYKESVILLE, Md.–(BUSINESS WIRE)–GSE Systems, Inc. (GSE) (NYSE Amex:GVP), a leading global provider of real-time simulation and training solutions to the power, process, manufacturing and Government sectors, announced the award of over $8 million of new work in its nuclear simulation sector. Included in the awards are contracts to provide various simulator upgrades for customers in the United States, Korea and Europe and to provide engineering services and simulation technology for waste treatment cleanup facilities under construction at the Hanford site in Richland, Washington.

Read More >> http://yhoo.it/aIc3Pa ————————————————————————- Company: Grubb & Ellis Company (NYSE: GBE) http://bit.ly/bLUTyQ Grubb & Ellis Acquires Las Vegas Affiliate Company strengthens presence by acquiring 100 percent interest in Grubb & Ellis|Las Vegas SANTA ANA, Calif., July 6 /PRNewswire-FirstCall/ — Grubb & Ellis Company (NYSE:GBE), a leading real estate services and investment firm, today announced that it has strengthened its presence in the Western United States by acquiring a 100 percent interest in its Las Vegas affiliate, Grubb & Ellis|Las Vegas. The acquisition marks the third owned office the company has established during 2010. Terms of the transaction were not disclosed.

Read More >> http://yhoo.it/bpAUqh ———————————————————- Company: Maxygen, Inc. (Nasdaq: MAXY) http://bit.ly/bwONLm Perseid Achieves Second Preclinical Milestone under Collaboration with Astellas for CTLA-4 Program REDWOOD CITY, Calif.–(BUSINESS WIRE)–Maxygen, Inc. (Nasdaq:MAXY), a biotechnology company focused on the development of improved protein drugs, today announced that its majority-owned subsidiary, Perseid Therapeutics LLC, achieved a second preclinical milestone under its collaboration with Astellas Pharma Inc. to co-develop and commercialize next-generation CTLA4-Ig therapeutics. Perseid has received a $5 million dollar payment from Astellas for achievement of this milestone. Perseid achieved the initial preclinical milestone under this collaboration in December 2009 and also received a $5 million dollar payment from Astellas for the achievement of that milestone.

Read More >> http://yhoo.it/atL2PH ——————————————————————————– Company: Dehaier Medical Systems Ltd. (Nasdaq: DHRM) http://bit.ly/aebQbc Dehaier Medical Systems Reaffirms Earnings Estimate of $0.80 EPS for FY 2010 BEIJING, China, July 6 /PRNewswire-Asia-FirstCall/ — Dehaier Medical Systems Ltd. (Nasdaq:DHRM), an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products in China, today reaffirmed the company`s earlier earnings estimate of $0.80 EPS for fiscal year 2010.

Read More >> http://yhoo.it/cnUJxh ——————————————————————————- Company: Oilsands Quest Inc. (NYSE Amex: BQI) http://bit.ly/bpKt2f Oilsands Quest Provides Bitumen Resource Estimate Update CALGARY, July 7 /PRNewswire-FirstCall/ – Oilsands Quest Inc. (NYSE Amex: BQI) (“Oilsands Quest”, “OQI” or “the Company”) today released independent resource estimates for its Wallace Creek, Axe Lake, Raven Ridge and Eagles Nest properties. The estimates were prepared by McDaniel & Associates Consultants Ltd. (“McDaniel”), at the request of Oilsands Quest with an effective date of April 30, 2010.

Read More >> http://yhoo.it/dkcvRn ————————————————————————— Company: Converted Organics Inc. (Nasdaq: COIN) http://bit.ly/9cT8SA Converted Organics Strengthens Green Tech Portfolio With Proposed Acquisition of Vertical Farming Pioneer TerraSphere Systems Transaction Would Provide Immediate Revenue Contribution, Strengthen Converted Organics` Presence in the Organic Growing Systems Market With Revolutionary Agricultural Technology BOSTON, July 7, 2010 (GLOBE NEWSWIRE) — Converted Organics Inc. (Nasdaq:COIN) announced today that it has entered into an agreement to acquire TerraSphere Systems, a Massachusetts LLC and a rapidly growing pioneer in the vertical farming market. Completion of the $26 million all stock transaction would be the Company`s largest acquisition to-date and is subject to the approval of Converted Organics` shareholders.

Read More >> http://yhoo.it/aq1LNK —————— MarketNews —————— By Tali Arbel: AP Business Writer ISM says service sector growth slows in June ISM says pace of service sector growth slows in June; employers` hiring plans shrink NEW YORK (AP) — The service sector grew more slowly in June, an industry trade group said Tuesday, offering the latest sign that the economic recovery is weakening as the second half of the year begins.

The Institute for Supply Management, a trade group of purchasing executives, said its index tracking service-oriented companies slid to 53.8 last month from 55.4 in May — the highest point since the recovery began.

A reading above 50 indicates expansion. June`s reading is well above the 37..2 low in November 2008. But it`s far below the pre-recession high of 67.7 in 2004.

Read More >> http://yhoo.it/bsGAGy ————————————————————————— By Natalie Ragus: Associated Press Writer Oil hovers below $72 ahead of US crude supply data Oil hovers near $72 in Europe as traders eye supply data amid fears of slowing US economy SINGAPORE (AP) — Oil prices hovered below $72 a barrel Wednesday in Europe as traders look to weekly crude supply data for signs of recovering U.S. demand.

Benchmark crude for August delivery was up just 1 cent to $71.99 a barrel at midday London time in electronic trading on the New York Mercantile Exchange. The contract fell 16 cents to settle at $71.98 on Tuesday.

Oil investors will be mulling crude inventory levels announced by the American Petroleum Institute later Wednesday and the Energy Department`s Energy Information Administration on Thursday.

Read More >> http://yhoo.it/c0pIAZ ————————————– Research and Commentary ————————————– AP Analysis: Economic stress is easing more slowly http://yhoo.it/blmNU5 Reality Check: Most Stock Markets Still Below `07 Highs http://yhoo.it/a5ypbw ————— Disclaimer ————— You are receiving this e-mail because you either opted into to our mailing list at smallcapvoice.com or at one of our Money Show exhibits. You may opt out at any time by clicking on the Safe

 

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