Ryan Vlastelica. Reuters
Wall Street rises after claims data, but ISM weighs
(Reuters) – Stocks rose on Thursday, extending this year’s near-uninterrupted rally as investors jumped on recent momentum, though equities eased from session highs after a weak reading on manufacturing.
Some strong February chain-store sales along with encouraging labor market data boosted optimism, with nine of ten S&P sectors in positive territory.
The day’s rise “is purely a momentum move, and when you have positive momentum in place, investors will ignore numbers that don’t fit in with the theme,” said Steve Sosnick, equity risk manager at Timber Hill/Interactive Brokers Group in Greenwich, Connecticut.
U.S. jobless claims fell by 2,000 to 351,000 in the latest week, holding near four-year lows, but the pace of growth in the U.S. manufacturing sector unexpectedly slowed in February, according to the Institute for Supply Management.
Today’s SmallCapVoice.com Hot Stock to Watch:
Sibling Group Holdings, Inc. (OTCQB: SIBE)
A New Audio Interview with Rob Copenhaver, Chief Executive Officer of Sibling Group Holdings, Inc., is now at SmallCapVoice.com
AUSTIN, Texas, March 1, 2012 /PRNewswire/ – SmallCapVoice.com, Inc. announced today that a new audio interview with Sibling Group Holdings, Inc. (OTC-QB: SIBE) a publicly held company with a strategy to develop and deploy 21st century teaching and learning solutions, is now available. The interview can be heard at http://smallcapvoice.com/blog/2-29-12-smallcapvoice-interview-with-sibling-group-holdings-otcqb-sibe
Juhl Wind, Inc. (OTCBB: JUHL)
Juhl Wind, Inc. Announces Launch of Juhl Renewable Energy Systems, Inc.
Subsidiary Focused on Smaller Wind and Solar Systems for Farming Operations, Small and Medium-sized Businesses, Municipalities, Other Public Facilities and Residential Applications.
PIPESTONE, Minn., March 1, 2012 /PRNewswire/ – Juhl Wind, Inc. (OTCBB: JUHL), the Leader in Community Wind Power, today announced a newly formed subsidiary, Juhl Renewable Energy Systems, Inc. (“JRES”) to meet the market needs for smaller scale wind and solar systems business. JRES is focused on the sales and installation of Juhl’s on-site renewable energy systems – including Solarbank®, a proven on-site solar system; Powerbank, a simple on-site backup power system; and its newly designed Juhl Windharvester- one of the industry’s most advanced medium scale wind turbines at approximately 35 kW. JRES handles projects from start to finish, including design, sales, financing and service. Juhl plans to provide several financing structures including its ongoing system ownership at customer sites while delivering guaranteed operations and savings to end-user customers.
Other Small Cap News
Unigene Laboratories, Inc. (OTCBB: UGNE)
Unigene to Announce Fourth Quarter and Full-Year 2011 Financial Results on March 8, 2012
Webcast and Conference Call scheduled for 11:00 a.m. ET
BOONTON, N.J., March 1, 2012 /PRNewswire/ – Unigene Laboratories, Inc. (OTCBB: UGNE), a leader in the design, delivery, manufacture and development of peptide-based therapeutics announced today that the Company’s senior management team will host a conference call and live audio webcast on Thursday, March 8, 2012 at 11 a.m. ET to discuss fourth quarter and full-year 2011 financial results.
Li-ion Motors Corp. (OTCBB: LIMO)
Li-ion Motors Corp. (OTCBB: LIMO) (FRANKFURT: LL9L), Corporate Update
MOORESVILLE, NC-(Marketwire – Mar 1, 2012) – Li-ion Motors Corp. (OTCBB: LIMO) (FRANKFURT: LL9L), winner of the 2010 X-Prize using 21st Century Design & Engineering of emission-free, all electric, high speed, long range automotive propulsion systems using the latest lithium-ion battery technology, updates current status for shareholders. On February 22, 2012 Li-ion Motors completed its one for five reverse split. LIMO is the new symbol.
GreenCell Inc. (OTCBB: GCLL)
GreenCell Inc. Has Developed a New Ceramic Seal System for Automotive Oxygen Sensors and Fuel Cells
PENN YAN, N.Y., March 1, 2012 (GLOBE NEWSWIRE) – GreenCell Inc. (OTCBB:GCLL) has developed a new ceramic seal system for automotive oxygen sensors and fuel cells. The new composite seal is flexible and can be rapidly cut to shape for any high temperature seal application and can withstand temperatures to 1200C. The first commercial application will be as an intermediary seal between automotive ceramic sensors and the metallic housing they are sealed in. Fuel cell application will immediately follow.
Franklin Wireless Corp. (OTCBB: FKWL)
Franklin Wireless Announces Commercial Availability of the S700 and S800 Series of Stand-Alone Modems
New Products Targeted to Growing LTE M2M Opportunities
BARCELONA, SPAIN-(Marketwire – Feb 29, 2012) – Mobile World Congress 2012 – Franklin Wireless Corp. (OTCBB: FKWL), the market leader in dual-mode WiMAX and CDMA modems for 3G and 4G wireless broadband data communications, today announced the upcoming commercial availability of its new S700 and S800 Series of stand-alone modems that operate over LTE networks. With a planned worldwide market release planned for the second quarter of 2012, the S700 Series and S800 Series support FDD LTE and TDD LTE networks, respectively.
Mustang Alliances Inc. (OTCBB: MSTG)
Mustang Announces Progress on Pilot Plant Construction
NEW YORK, Feb. 29, 2012 /PRNewswire/ – Mustang Alliances Inc. (OTCBB: MSTG) (“Mustang”) is pleased to announce an update on the construction of the pilot plant currently being built on the companies concession.
Mustangs engineering and ground team is making significant progress working on completing the logistical aspects of the property as well as the assembly of the production equipment to allow for operations to commence.
Imogo Mobile Technologies Corp. (OTCQB: IMTC)
Imogo Mobile Technologies Corp. (Formally Monza Ventures Inc.) Announces Corporate Update, Name Change, and LOI
SEATTLE, Feb. 29, 2012 (GLOBE NEWSWIRE) – Imogo Mobile Technologies Corp. (OTCQB:IMTC) (formally Monza Ventures Inc. (OTCBB:MZAV) or the “Company”) is pleased to announce it is expanding into the high growth area of Cloud Computing Services and Cloud Data Storage. With Cloud Computing being one of the fastest growing sectors in business, the management of Imogo (previously Monza Ventures) is confident this strategy will provide a basis for growth and value for the shareholders.
Imogo Mobile Technologies Corp. (OTCQB: IMTC)
Imogo Mobile Technologies Corp. (Formally Monza Ventures Inc.) Announces Corporate Update, Name Change, and LOI
SEATTLE, Feb. 29, 2012 (GLOBE NEWSWIRE) – Imogo Mobile Technologies Corp. (OTCQB:IMTC) (formally Monza Ventures Inc. (OTCBB:MZAV) or the “Company”) is pleased to announce it is expanding into the high growth area of Cloud Computing Services and Cloud Data Storage. With Cloud Computing being one of the fastest growing sectors in business, the management of Imogo (previously Monza Ventures) is confident this strategy will provide a basis for growth and value for the shareholders.
Ironclad Performance Wear Corporation (OTCBB: ICPW)
Company Reports Record Sales and Earnings, Exceeding Previous Guidance
“As evidenced by Ironclad’s financial results, the fourth quarter was exceptional on virtually all fronts – sales, operating leverage and profitability,” said Scott Jarus, Chairman and CEO of Ironclad. “While we saw downward pressure on our gross margins caused by increases in big box retailer and international sales, these were more than off-set by significant increases in sales volume and continued growth in Ironclad’s industrial distribution channel.”
Therapy Cells, Inc. (OTCBB: TCEL)
Revolutionary Science Brings Back Olympic Hopes
Therapy Cells, Inc. has developed a novel and highly efficient method of growing tendons and articular cartilage for auto transplantation into injured horses or people. Of real interest to veterinarians worldwide is the clinical success in horses. Sixty-six horses have been treated with Therapy cells to date. The data accumulated from horses will ultimately have direct application to FDA approval for human use.
AllEnergy Corporation (Pink Sheets: AFSE)
AllEnergy Corporation Acquires an Interest in a 2 Million Acre Belize Oil & Gas Concession
DES MOINES, IA-(Marketwire – Mar 1, 2012) – AllEnergy Corporation (OTCQB: AFSE) (PINKSHEETS: AFSE) (www.allenergyco.com), a growth-oriented international energy company, today reported signing a contract for an interest in a 2 million acre Belize oil and gas concession. AllEnergy purchased a non-dilutive four percent interest in a Belize corporation that owns half of the concession with an option to acquire an additional six percent by March 12th, 2012. Additionally the contract also calls for an option to purchase up to fifteen percent of an additional concession consisting of another 1 million acres.
Writers Group Film Corp. (OTCQB: WRIT)
Writers Group Film Corp. Lawsuit Resolved: Settlement and Dismissal Announced
LOS ANGELES, CA-(Marketwire – Mar 1, 2012) – Writers Group Film Corp. (OTCQB: WRIT) (PINKSHEETS: WRIT) and its wholly-owned subsidiary Front Row Networks, Inc., a Los Angeles-based 3D concert production and distribution company, announced today that the lawsuit brought by Plaintiff George Sharp has been settled and dismissed. Although the terms of the settlement are confidential, the matter was amicably resolved, with no culpability found on behalf of Writers Group Film Corp., Front Row Networks, Inc. or their Officers and Directors.
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