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Welcome to The Daily Stock Report...brought to you by Quality Stocks.Net, performance tracked daily. I'm Cathy Rankin and for Wednesday December 13th, we're bringing you the latest news from around the markets as well as the top movers to look out for today... In Headline news today... The U.S. Federal Reserve on Tuesday held benchmark interest rates steady at 5.25 percent for a fourth straight meeting, while renewing a warning that risks from inflation remain. The widely expected decision by the central bank's Federal Open Market Committee keeps the overnight federal funds rate target at the level it hit in June after 17 straight quarter the Fed said it continues to focus on inflation risks, holding out the prospect that interest rates may need to move higher in coming months, even as it took note of the "substantial" cooling in the U.S. housing market. Financial markets did not react sharply to the Fed's statement, which was largely as expected. U.S. stocks pared losses, prices for U.S. government bonds rose slightly and the value of the dollar slipped. Shares of Circuit City Stores Inc. fell 5 percent, while Tweeter Home Entertainment Group Inc. tumbled almost 12 percent. Best Buy reported net income of $150 million, or 31 cents per share, for the fiscal third quarter ended November 25, compared with $138 million, or 28 cents per share, a year earlier. In small cap news today... HyPower Fuel Inc. announced today that the company has equipped a Volkswagen GTi with its H2 Reactor (H2R) hydrogen system that can produce sufficient hydrogen on board, on demand to power the vehicle using only water. The H2 Reactor uses the process of electrolysis to convert water into a hydrogen/oxygen gas which is then used to power its original internal combustion engine. Currently the H2 Reactor requires 1 watt hour to produce 1 liter of hydrogen. This is approximately 2 to 2.5 times more efficient than the current performance of competing technologies. Previously at $0.09 H2 closed up150% at $0.22 with over 8 Million. Franchise Capital Corporation announced today that it has reached an agreement with Aero Exhaust, Inc., a leader in performance exhaust airflow technology, under which Franchise Capital Corporation would acquire all of Aero Exhaust's issued and outstanding shares. Franchise Capital Corporation, a business development company, provides long-term debt and equity investment capital to support the expansion of companies in the casual, fast food restaurant industry. It invests in private and small to middle market companies that lack access to public capital. Previously at 2/10 of a cent FCC closed up 81% at 4/10 with over 13 Million. American Home Food Products announced today that they have issued an 8K announcing they entered into a letter of intent to acquire all the issued and outstanding ownership interests in a leading purveyor of premium food products (the "Target"). The agreement is subject to a financing contingency and the closing of a definitive stock purchase agreement and, if consummated, would result in the Target becoming a wholly-owned subsidiary of the Company. And that's it for today's news makers... Be sure to join us every market day for the latest commentary on small cap to large cap and everything in between brought to you by Quality Stocks. Net. Also be sure to watch for "The QualityStocks Daily Newsletter" available each trading day through QualityStocks.Net. Thank you for tuning in, I'm Cathy Rankin. Have a great day and we'll see you tomorrow...right here on the daily report.