Uploaded by QualityStocks on Oct 19, 2007
Welcome to The Daily Stock Report...brought to you by QualityStocks.net, where performance is tracked daily.
I'm Jenn Hoffman, and for Monday, October 15th we're bringing you the latest news from around the markets...
Today's headline news are brought to you by About QuoteMedia, Inc. (QMCI.OB)
QuoteMedia, Inc. 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.
Let's get in to the Headline news of last week ...
Wall Street closed out a bumpy week with a moderate advance Friday as tech stocks charged higher on takeover news.
Other sectors gained on data that indicated the economy is expanding at a healthy pace.
Retail sales posted a stronger-than-expected gain in September, easing fears about a possible recession, while a big surge in gasoline costs pushed wholesale inflation higher.
General Electric Company's profit rose 14 percent in the third quarter on strong global sales of airplane engines, locomotives and other equipment, reaffirming its profit outlook for the year.
The company said Friday it earned 5.54 billion, or 54 cents per share, in the three months that ended Sept. 30, up from 4.87 billion, or 47 cents a share, a year ago.
Now, lets see what the markets open up at this morning...
The Dow Jones is up, 77.96 or point 56%
The Nasdaq is up, 33.48 or 1 point 21%
And the S&P 500 index is up 7.39 or point 48%
And now for a look at the Small Cap news Quality Stocks has been tracking...
Small Cap headlines are brought to you by Prom Resources, Inc. PRMO
Prom Resources, Inc. is currently engaged in the active exploration and extraction of gold ore, corundum, and beryl material at eight different mining and exploration perimeters located in Madagascar.
Natural Nutrition, Inc. (NNTN.OB) shares were boosted Thursday on news that the company achieved record unaudited sales of $4.9 million dollars Canadian in the three month period of May, June, and July, 2007.
InterACTIVE Nutrition is an international leader in sports and nutritional supplements backed by over 10 years of research, development and sales of sports nutrition products in over fifteen countries throughout the world.
Spirit Exploration, Inc. (SPXP.PK) through its wholly owned subsidiary, ECUADOR GOLD CORP. announced last week, it has acquired the Maria Olivia Concession, a highly mineralized property near Zaruma, Ecuador from Minera Pacifico.
Spirit Exploration is a newly formed company whose mission is to identify and acquire lucrative mineral resource properties and mines in Ecuador.
Progress Watch Corp. (PROW.PK) announced that it has entered into an agreement with a well known international luxury brand to provide its mechanical START-Tourbillon watch movement at the annual watch fair, Baselworld in 2008.
Progress Watch Corporation is a company dedicated to independently provide high end, innovative, reliable, stable, flexible and unique mechanical watch movements to the watch industry.
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 tomorrow, right here on The QualityStocks Daily Report.
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