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Posts Tagged ‘OWVI’

Stocks are flat as investors cautious heading into the start of earnings season

Stocks traded in a tight range Monday as caution heading into earnings season outweighed a fresh round of corporate deal making.

Investors entered the new week tentatively before aluminum producer Alcoa Inc. becomes first big company to report quarterly results. Its report is due out after the market closes.

Until last week, stocks had been sliding on signs that the economy is not growing nearly as fast as economists and investors had hoped. Earnings over the next few weeks will provide insight into whether sluggish retail sales, waning consumer confidence and high unemployment have actually hurt businesses’ profits.

Investors will also want to see how optimistic executives are when providing outlooks for their companies going forward. Increased optimism would likely give the market a boost and could be a sign that job creation will speed in the coming months.

The caution ahead of quarterly results has somewhat overshadowed a new round acquisitions. Insurance broker Aon Corp. said it will buy human resources company Hewitt Associates for $4.9 billion. Playboy Enterprises Inc. founder Hugh Hefner is offering to buy the remaining outstanding stock of the company to take it private in a deal that values the media company at $185 million.

In morning trading, the Dow Jones industrial average rose 1.81, or less than 0.1 percent, to 10,201.36. The Standard & Poor’s 500 index rose 0.58, or 0.1 percent, to 1,078.54, while the Nasdaq composite index rose 12.72, or 0.6 percent, to 2,209.17.

Yesterday’s Top Performing Small Cap Stock:

One World Ventures (Pink Sheets: OWVI)

One World Ventures, Inc. was a SmallCapVoice.com top performer closing up over 12% on trading volume of 4,500,00 shares.

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Podcast: Download (Duration: 17:52 — 16.4MB)

Stephen Prior, CEO of One World Ventures (Pink Sheets: OWVI) called into SmallCapVoice.com to provide a company overview, status and answers many questions that investors have posed. One World Ventures, Inc. is a holding company with management resourced in Asia, Mexico and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.

Podcast: Download (Duration: 18:24 — 16.8MB)

Stephen Prior, CEO of One World Ventures (OTCPK: OWVI), is featured in this audio interview conducted by Stuart T. Smith of SmallCapVoice.com. During the interview Mr. Prior provides a company overview, status and answers many questions that investors have poised.

One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.