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QualityStocks Daily Video 10/12/2007
Duration: 3:14Source: YouTube
Welcome to The Daily Stock Report...brought to you by QualityStocks.net, where performance is tracked daily. I'm Jenn Hoffman, and for Friday, October 12th we're bringing you the latest news from around the markets ... Today's headline news are brought to you by On The Go Technologies Group. (ONGO.OB) On The Go Healthcare is focused on directly marketing software and hardware products, in addition to pioneering practices that could become a key part of the Canadian Healthcare IT digital imaging industry. Let's get in to the Headline news of Thursday ... The falling dollar led more foreigners to buy American in August, helping to push the trade deficit down to the lowest point in seven months. That was welcome news for the Bush administration as it tries to deal with a Congress unhappy over huge trade imbalances and 3 million lost manufacturing jobs. Petroleum futures rose sharply Thursday and oil prices passed $83 a barrel after the government reported an unexpected decline in crude oil inventories. PepsiCo Inc., the huge beverage and snack foods maker, said Thursday its third-quarter profit rose 17 percent on the strength of its international division and a one-time tax benefit. Overall operating profit grew 10 percent. Now, let's see what the markets open up at this morning... The Dow Jones is down, 63.57 or point 45% The Nasdaq is down, 39.41 or 1 point 40% And the S&P 500 index is down 8.06 or point 52% And now for a look at the Small Cap news Quality Stocks has been tracking... Small Cap headlines are brought to you by ShotPak, Inc. (SHTP.PK) ShotPak, Inc., is an Irvine California based company, and a leading distiller and innovator of cocktails and straight spirits in patented soft, portable, single-serving, standup pouches. Waste Recovery, Inc. (WRII.PK) has announced a move to increase shareholder value, through the retirement of 1.5 Billion shares of stock. The company also announced this month the filing of merger paperwork with the state of Nevada finalizing the merger with DR Entertainment Group of Las Vegas. Waste Recovery, Inc. is a development stage corporation mandated by its shareholders to seek out business opportunities to acquire or merge with to create value for its shareholders. Cardiac Network Inc. (CNWI.PK) shares have surged over the last two months, helped by the announcement they have partnered with Tierra Technologies to provide the IT Infrastructure for its state-of-the-art Patient Monitoring Center in San Francisco and its HeartLine Monitoring Service. Cardiac Network Inc. markets the HeartLine Monitoring Service, which is a diagnostic service offered to general practitioners and specialist physicians, for the investigation of patients with abnormal cardiac rhythm and function. Charter Equities, Inc. (CEQI.PK) announced Thursday the signing of a Letter of Intent to acquire a second southern California RV dealership, Saddleback Recreational Vehicles. The Charter plan reveals that the United States RV industry is a $16 billion a year industry that caters to the travel and leisure needs of an estimated 30 million RV enthusiasts by selling and servicing recreation vehicles. And that's our newsmakers, Stay tuned right here to QualityStocks Daily Newsletter for the latest news from small cap to large cap, and everything in between by QualityStocks.net, where performance is tracked daily. Thank you for tuning in, I'm Jenn Hoffman, Have a great day and we'll see you next week, right here on The QualityStocks Daily Report.
Rating: (0 ratings) Views: 43 Added: Oct 20, 2007
Category: Author: QualityStocks
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