Welcome to The Daily Stock Report brought to you by QualityStocks.net, where performance is tracked daily.
I'm Cathy Rankin, and for Thursday Febuary 7th we're bringing you the latest news from around the markets.
(HEADLINE NEWS)
Today's headline news are brought to you by Modavox Inc. (MDVX.OB). Modavox, Inc., (MDVX.OB) an Internet broadcast company, produces audio and video media content for targeted audience. It provides production services for various original, live, and prerecorded Internet talk radio programming on its VoiceAmerica Network, as well as provides software solutions that create digital online audio/visual media for business-to-business and business-to-consumer communications.
Lets get in to the Headline news for Wednesday...
Stocks pulled back yesterday as many investors, still uneasy about the economy, cashed in earlier gains after a Federal Reserve official suggested rising inflation could prevent the central bank from making further interest rate cuts.
Worker productivity, the key factor in rising living standards, slowed sharply in the final three months of the year while wage pressures increased.
The Labor Department reported yesterday that productivity, the amount of output per hour of work, increased at an annual rate of 1.8 percent in the October-December quarter.
The markets open this morning with...
The Dow down, 64.95 or point 53%
The Nasdaq down, 30.82 or 1.33%
And the S&P 500 down, 10.19 or point 76%
And now for a look at the Small Cap news Quality Stocks is tracking.
Small Cap headlines are brought to you by Universal Detection Technology (UDTT.OB)
Universal Detection Technology (UDTT.OB) is focused on developing, marketing, and distributing a large range of products purposed to combat the threat of terrorism. The company offers sophisticated surveillance equipment as well as cutting-edge airborne pathogen, radiation, and bioterrorism detection technology.
The QualityStocks.net Daily Newsletter highlighted Purple Beverage Company, Inc. (PPBV.OB) as "One To Watch" up 46% with over 520 thousand shares traded. Purple Beverage Company, Inc. (PPBV.OB) is an anti-oxidant beverage company, recently unveiled its first product is named "Purple." The unique anti-oxidant rich "Purple," beverage utilizes seven anti-oxidant-rich fruits, made from the natural juices of acai, black cherry, pomegranate, black currant, purple plum, cranberry, and blueberry.
Golden West Brewing Company, Inc. (GWBC.OB) up 37% with 11 thousand shares traded. Golden West Brewing Company, Inc.(GWBC.OB), produces organic craft beers, which are distributed to supermarkets, warehouse stores, liquor stores, taverns and bars, restaurants, and convenience stores. The company announced today that the companies new division, BLUE MARBLE BREWING, will add an Organic Beer brand currently under development with a planned nationwide launch date of March 2008.
Force Protection, Inc. (FRPT) up 8% with over 1 million shares traded. Force Protection, Inc. (FRPT) along with General Dynamics Land Systems (GD), through their joint venture recently announced that they continued to break monthly vehicle production records in December. Force Protection, Inc. has continued to generate buyout rumors after the stock fell from just under $25.00 in early October.
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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4:20QualityStocks Daily Video 11/26/2007by QualityStocks1,074 views
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