Lisa Jucca and Paritosh Bansal, Reuters
Top bankers say more optimistic on euro crisis
(Reuters) – The World Economic Forum’s signature closed-session on banking saw financiers increasingly hopeful that the euro zone’s debt crisis can be resolved and confident of a deal to ensure Greece’s now inevitable debt default will be orderly.
The private meeting of financial services CEOs from major players including JPMorgan Chase & Co , Barclays, Citigroup and UBS, acknowledged that progress had been made, participants said on Thursday.
Most pointed to the European Central Bank’s launching last month of half a trillion euros in cheap 3-year loans as a possible turning point after almost three years of market chaos that has threatened some of the sector’s biggest players.
“2011 was a year of great fear around (sovereign debt risk). Going into 2012 we feel somewhat more comfortable because progress has been made,” Barclays’ chief executive Bob Diamond told Reuters on the sidelines of the closed-door meeting.
Yesterday’s Top Performing Small Cap Stock:
Attitude Drinks Incorporated (OTCBB: ATTD)
Attitude Drinks Incorporated was a SmallCapVoice top performer closing up over 91% on trading volume of 187,388,228 shares.
AUSTIN, Texas, Jan. 26, 2012 /PRNewswire/ — SmallCapVoice.com, Inc. announced today that a new audio interview with Juhl Wind, Inc. (OTCBB: JUHL), the Leader in Community Wind Power, is now available. The interview highlights Juhl’s growth initiatives, acquisition strategy and recent geographical expansion with the signing of a development services agreement with upstate NY’s Black Oak Wind Farm.
The interview can be heard at http://smallcapvoice.com/blog/1-24-12-smallcapvoice-interview-with-juhl-wind-inc-otcbb-juhl
Podcast: Download (Duration: 18:47 — 17.2MB) | Embed
Juhl Wind (OTCBB: JUHL) President John Mitola called into SmallCapVoice.com to discuss the recent news, excellent financial results and much more.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered Community-Based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 21 wind farm projects and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its consolidation of the Valley View, Winona County and Woodstock Hills wind farms, the Company has now invested in and operates 21.7 MWs of wind power through its independent power producer “(IPP”) subsidiary, Juhl Renewable Asset Inc. Through its Next Generation Power Systems subsidiary (“NextGen’), Juhl Wind also provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Pipestone, Minnesota and is traded on the OTCBB under the symbol JUHL. Additional information is available at the Company’s website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
Hibah Yousuf, CNNMoney
Stocks mixed, Apple leads techs higher
NEW YORK (CNNMoney) — U.S. stocks were mixed early Wednesday, as investors awaited the latest statement from the Federal Reserve and keep an eye on Greece’s debt talks.
The Dow Jones industrial average dropped 68 points, or 0.5%, and the S&P 500 slipped 3 points, or 0.2%.
The Nasdaq managed to gain ground, rising 8 points, or 0.3%. Software company CA (CA) and Apple (AAPL) were the biggest gainers on the tech-heavy index, thanks to better-than-expected earnings.
Late Tuesday, the iPhone and iPad maker reported a whopping quarterly profit of $13 billion — the best quarter ever for a technology company. The company said sales for the quarter hit $46.3 billion, sending shares shooting up 6% Wednesday. The gains helped Apple surpass Exxon Mobil (XOM) as the most valuable U.S. company.
Meanwhile, investors are likely to remain anxious Wednesday over Greece’s ongoing negotiations with representatives of private-sector creditors to reduce its debt burden.
Yesterday’s Top Performing Small Cap Stock:
Attitude Drinks Incorporated (OTCBB: ATTD)
Attitude Drinks Incorporated was a SmallCapVoice top performer closing up over 125% on trading volume of 48,985,312 shares.
Hospital Project is Juhl’s 7th Wind System Completed over the Past 24 months
PIPESTONE, Minn., Jan. 24, 2012 /PRNewswire/ — Juhl Wind Inc. (OTCBB: JUHL), the Leader in Community Wind Power, today announced the official commercial start-up and operation of the two turbine project for Gundersen Health System in Winona County, MN. The 4.95 megawatt project (the “GL Wind project”) is the first-of-its-kind in North America to be constructed specifically to address the energy concerns of a large regional health organization, in this case, Gundersen Health System.
Chuck Mikolajczak, Reuters
Financials, Europe debt auctions lift Wall Street
(Reuters) – U.S. stocks rose early Thursday, putting the S&P on track for its third straight advance after Bank of America and Morgan Stanley earnings lifted financials and strong demand at European bond auctions eased euro zone debt concerns.
Bank of America Corp (BAC.N) climbed 4.4 percent to $7.10 as the top boost to the benchmark S&P. The bank reported a fourth-quarter profit, reversing a year-earlier loss, boosted by one-time items and lower expenses for bad loans.
Fellow financial Morgan Stanley (MS.N) jumped 4.6 percent to $18.15 after the Wall Street bank posted a quarterly loss but still managed to top analysts’ expectations.
“It’s the reaction to Morgan Stanley and Bank of America, to their earnings reports. People were expecting absolute disaster, it wasn’t an absolute disaster and people looked at those numbers and walked away thinking both those companies wouldn’t need to raise more capital,” said Stephen Massocca, managing director at Wedbush Morgan in San Francisco.
Yesterday’s Top Performing Small Cap Stock:
Juhl Wind, Inc. (OTCBB: JUHL)
Juhl Wind, Inc.was a SmallCapVoice top performer closing up over 26% on trading volume of 64,157 shares.