Welcome to The Daily Stock Report...brought to you by QualityStocks.net, where performance is tracked daily. I'm Steve Kanaval, and for Thursday November 29th we're bringing you the latest news from around the markets ... (HEADLINE NEWS) Today's headline news are brought to you by 5G Wireless Communications, Inc. (FGWI.OB) 5G Wireless Communications, Inc.(FGWI.OB) is a wireless systems infrastructure company with technology and network architecture based on standard Wi-Fi equipment. Lets get in to some of the Headline news from Wednesday... Wall Street barreled higher Wednesday, driving the Dow Jones industrials up more than 300 points after a Federal Reserve official hinted that the central bank may lower interest rates again. The National Association of Realtors reported Wednesday that sales of existing homes dropped by 1.2 percent last month to a seasonally adjusted annual rate of 4.97 million units. That represented the slowest sales pace on record going back to 1999 and was 20.7 percent below activity a year ago. As we look at the markets this morning, The Dow is up 331.07 or 2.55% The Nasdaq is up82.11 or 3.18% And The S&P index is up, 40.79 or 2.86% And now for a look at the Small Cap news Quality Stocks was tracking yesterday... Small Cap headlines are brought to you by QuoteMedia, Inc (QMCI.OB) QuoteMedia, Inc. (QMCI.OB) is a leading data provider of financial stock market data , market news feeds, and related financial software solutions to financial service companies, online brokerages, clearing firms, banks and public corporations. The QualityStocks.net Daily Newsletter would like to highlight BlueStar Health, Inc. (BLSH.PK) as "One To Watch" BlueStar Health, Inc.(BLSH.PK) announced this month that the company is in the final stages of transition with the closing of the acquisition of Zeon Fuel. The company will now be known as Zeon Global Energy, Inc., with a new trading symbol, upon the completion of the December shareholder meeting Tamm Oil and Gas Corp. (TAMO.OB) closed today at $2.55 with 29,416 shares traded The company has announced a number of key acquisitions. The key acquisitions have allowed Tamm to gain a foothold in Oil Sands Region of Alberta, which in an analyst report by a qualified independent engineering analyst predicts that the Sawn Lake Oil Sands Project holds estimated resources of 819.5 million initial barrels of oil Somatic Systems, Inc. (SMAS.PK) up 82% on massive volume with 163,179,424 shares traded Somatic Systems, Inc.(SMAS.PK) shares saw huge volume on the announcement the expansion of its NYC location set for the fall of 2007, as well as plans to expand Somatics Systems' presence in the thriving Manhattan neighborhood of Tribeca 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 Steve Kanaval, Have a great day and we'll see you tomorrow, right here on The QualityStocks Daily Report.
Rating: (0 ratings) |
Views: 25 |
Added: Jan 25, 2008 |
| Category: |
Author: QualityStocks |
|
|