Uploaded by QualityStocks on Dec 31, 2007
Welcome to The Daily Stock Report...brought to you by QualityStocks.net, where performance is tracked daily.
I'm Jen Hoffman, and for THURSDAY November 8th we're bringing you the latest news from around the markets ...
(HEADLINE NEWS)
Today's headline news are brought to you by On The Go Technologies Group. ONGO
On The Go Technologies Group's focus is marketing high-end software and hardware products to the Fortune 1000 and SME business communities, as well as pioneering practices that are quickly becoming a key part of the Canadian Healthcare IT digital imaging industry
Lets get in to the Headline news for WEDNESDAY...
It was one of those nerve-wracking days on Wall Street where just about everything got hit - and hit hard. The biggest blow was suffered by the financial sector, which plummeted 5.1%.
Washington Mutual was at the epicenter of the concerns after being accused by the New York Attorney General of pressuring real estate appraisers to inflate the value of their appraisals.
Oil prices stalled in their climb toward $100 a barrel Wednesday after a government report said oil inventories fell less than expected last week while refinery utilization remained flat..
The markets open this morning with...
The Dow down 360.92or 2.64%
The Nasdaq down, 76.42 or 2.7%
And the S&P 500 down 44.65 or 2.94%
And now for a look at the Small Cap news Quality Stocks is tracking...
Small Cap headlines are brought to you by: Prom Resources, Inc. (PRMO.PK)
Prom Resources, Inc.(PRMO.PK) has solid operational and management expertise with the financial capability to build on its existing asset base. The company 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.
Axial Vector Engine Corporation (AXVC.PK) owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies.
The company announced they have received the first advance royalty payment from EASTCOM LTD for $500,000 as part of its agreement to produce two hundred AVEC Gas Cam engines
Lantis Laser (LLSR.PK). focuses on the development of optical coherence tomography dental imaging system.
The OCT system will allow dentists to detect demineralization, which is the start of tooth decay earlier than ever. The system also allows for non- or minimally invasive treatment with less cost, trauma and time involved in dental procedures.
Universal Energy Corp. (UVSE.OB) is an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada.
Universal Energy Corp.(UVSE.OB) announced they are on pace to complete drilling at its W. Rosedale prospect ahead of schedule. The company has also continued to provide daily reports from the Lake Campo prospect, which has shown gas in multiple zones previously identified by the 3-D seismic report of the prospect.
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, Jen Hoffman, Have a great day and we'll see you tomorrow, right here on The QualityStocks Daily Report.
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