Welcome to The Daily Stock Report brought to you by QualityStocks.net, where performance is tracked daily.
I'm Cathy Rankin, and for Thursday January 31st we're bringing you the latest news from around the markets.
(HEADLINE NEWS)
Today's headline news are brought to you by Fund.com, Inc. (ESVH.OB).
Fund.com, Inc. (ESVH.OB) is committed to becoming a leading destination and brand for financial information while leveraging its key internet domains to generate consumer interest, educate product providers to license its index, empower the growth of its index through paid referrals, and grow its licensing income while simultaneously generating online advertising revenue and leads.
Lets get in to the Headline news for Wednesday...
Subprime mortgage woes deepened for Swiss banking giant UBS AG, which yesterday said it expects a $11.45 billion hit in the fourth quarter and its first annual loss. Switzerland's largest bank said full-year net losses will amount to 4.4 billion francs ($4.03 billion). Some analysts fear there may be even greater fallout as the bank tries to free itself from extensive holdings of bad U.S. debt.
Also yesterday, French bank BNP Paribas SA estimated that fourth-quarter net profit plunged 42 percent, pointing to a "deepening crisis" in the market during the second half of the year.
And now for a look at the Small Cap news Quality Stocks is tracking...
Small Cap headlines are brought to you by Mvive Inc. (MVIV.PK).
Mvive Inc. (MVIV.PK) a Toronto based company who has become a pioneer in the new mobile messaging revelution through its wholly owned subsidiary, MVive Media Group Incorporated. The Company offers unique solutions to provide rich content and multimedia services through mobile devices as well as the internet.
Today The QualityStocks.net Daily Newsletter would like to highlight American Racing Capital, Inc. (AMRA.OB) as "One to Watch" closing at 60 cents with over 82 thousand shares traded.
American Racing Capital, Inc. (AMRA.OB) through its subsidiary Motorsports & Entertainment of Tennessee, operators of the Music City Motorplex have announced the proposition for an annual running of a ChampCar race in downtown Nashville. A similar racing event was held last year in the streets of Las Vegas, without a hitch. American Racing Capital (AMRA.OB) also recently exercised its Option to Purchase Magnolia Motor Speedway in Columbus, Mississippi.
MB Software Corporation (MBSB.OB) closed at $1.95 with over 1 thousand shares traded. MB Software Corporation (MBSB.OB) shares saw a boost last November after the company through its wholly owned subsidiary Wound Care Innovations LLC initiated evidence based studies on its Cellerate Products. CellerateRX®, is currently FDA cleared and is effective on all wounds except 3rd degree burns, is effective in all wound phases, and is marketed within the United States.
Conmed Healthcare Management, Inc. (CMHM.OB) up 4% with over 2 thousand shares traded. Conmed Healthcare Management, Inc. (CMHM.OB) a full service provider of correctional facility healthcare services to county detention centers, recently announced financial results for its third quarter and nine-month period ended September 30, 2007. The third quarter company highlights include a solid quarter with significant growth including a 73% year-over-year increase in third quarter revenues to $7.0 million from $4.0 million in last year's comparable period.
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 Cathy Rankin, Have a great day and we'll see you tomorrow, right here on The QualityStocks Daily Report.
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QualityStocks Daily Video 02/09/2007by QualityStocks2,969 views
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