SC Daily- Big News for FXIT and IMGX Audio is Amazing
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%3D 2-28-11 Small Cap Daily by SmallCapVoice.com ————————————– Yesterday`s Top Performers ————————————– Company: Forex International Trading Corp. (OTCBB: FXIT) End of day:
Price: 0.49 Change (%): + 0.01 (2.08) Volume: 103.9k http://bit.ly/hjcJfL Forex International Trading Corp Acquires 50% of Wheatley Asset Management, an NFA Registered Introducing Broker (IB), Forex Firm, and Commodity Trading Adviser (CTA) Feb. 28, 2011 (Business Wire) Forex International Trading Corp. (the Company) (OTCBB: FXIT), a company, through its affiliates, which is principally engaged in offering a web-based foreign currency trading platform to non-US residents, professionals and retail clients, today announced that it has acquired a 50% equity interest in Wheatley Asset Management (Wheatley), an Introducing Broker, Forex firm, and Commodity Trading Adviser, that is registered with the National Futures Association (NFA). Wheatleys Beam FX and Beam Futures divisions specialize in comprehensive Forex and futures education, and offer competitively priced brokerage services and diversified managed Forex and futures programs for portfolio diversification.
Read More >> http://bit.ly/heh80I —————————- Hot Stocks To Watch —————————- Company: Image Metrics, Inc. (OTCQB: IMGX) http://bit.ly/gXovTM A New Audio Interview With Image Metrics CEO Robert Gehorsam Is Now at SmallCapVoice.com AUSTIN, TX (Marketwire) 02/28/11 SmallCapVoice.com, Inc. announced today that a new audio interview with Image Metrics Inc. (PINKSHEETS: IMGX) is now available. The interview can be heard at http://smallcapvoice.com/blog/2-22-11-audio-interview-with-image-metrics-inc-otcqb-imgx Read More >> http://bit.ly/efUFQB ——————————– Other Small Cap News ——————————– Company: XsunX, Inc. (OTCBB: XSNX) http://bit.ly/i3iO2J A New Audio Interview With Tom M. Djokovich, CEO of XsunX, Inc., Is now at SmallCapVoice.com AUSTIN, TX–(Marketwire – 02/28/11) – SmallCapVoice.com, Inc. announced today that a new audio interview with XsunX, Inc. (http://www.xsunx.com) (OTC.BB:XSNX), a developer of hybrid, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes, is now available. The interview can be heard at http://smallcapvoice.com/blog/2-24-11-audio-interview-with-xsunx-inc-otcbb-xsnx Read More >> http://yhoo.it/ftLXXU ————————————————————————— Company: Gammon Gold Inc. (NYSE: GRS) http://bit.ly/c4VWBo Gammon 2010 Exploration Adds Proven and Probable Reserves and Measured and Indicated Resources TORONTO, February 28, 2011 /PRNewswire-FirstCall/ — Gammon Gold Inc. (“Gammon”) (TSX:GAM) and (NYSE:GRS) today reported its updated Reserves and Resources, as at December 31st, 2010 which include the addition of 0.5 million gold equivalent ounces(1) to Proven and Probable Reserves and an increase of 0.2 million gold equivalent ounces(2) to Measured and Indicated Resources..
Read More >> http://yhoo.it/dENS4C ————————————————————————— Company: Rexahn Pharmaceuticals, Inc. (NYSE Amex: RNN) http://bit.ly/bObYwp Rexahn Pharmaceuticals Granted European Patent for New Quinoxalinyl-piperazine Compounds ROCKVILLE, Md.–(BUSINESS WIRE)– Rexahn Pharmaceuticals, Inc. (NYSE Amex: RNN), a clinical stage pharmaceutical company commercializing potential best in class oncology and CNS therapeutics, today announced that the European Patent Office has granted European patent No. 1819698 to Rexahn for its novel anti-cancer quinoxalinyl-piperazine compounds.
Read More >> http://yhoo.it/eowGNg ————————————————————————– Company: TechPrecision Corporation (OTCBB: TPCS) http://bit.ly/fvkPS2 TechPrecision Corporation Receives $1.19 Million Defense Contract Order Further Diversifies TechPrecision`s Revenue, Adding to its Defense Penetration WESTMINSTER, Mass., Feb. 28, 2011 /PRNewswire/ — TechPrecision Corporation (OTC Bulletin Board:TPCS) (“TechPrecision”, or “the Company”), a leading manufacturer of large-scale, high-precision machine metal fabrications with customers in the alternative energy, medical, nuclear, defense, aerospace and other commercial industries, today announced that it has received a defense contract order valued at approximately $1.19 million from an existing customer. The order is expected to ship in the first-half of fiscal 2012.
Read More >> http://yhoo.it/fNEyks ———————————————————————– Company: Sangamo Biosciences Inc (NasdaqGM: SGMO) http://bit.ly/fVW54W Sangamo HIV drug shown to boost immune cell counts Improved CD4 counts in 5 of 6 patients Feb 28 (Reuters) – A single infusion of Sangamo BioSciences Inc`s (SGMO) experimental HIV treatment improved immune system damage in five of six subjects so far analyzed in the first trial of the therapy in humans.
The small Phase 1 trial involves a drug, known as SB-728-T-902, designed to disrupt a specific gene in order to boost resistance to the fatal and incurable virus.
Read More >> http://reut.rs/hWe9DB ————————————————————————————— Company: Trius Therapeutics, Inc. (Nasdaq: TSRX) http://bit.ly/h8U58w Trius Announces Positive Results From Phase 1 Lung Study of Torezolid Phosphate Second Generation Oxazolidinone Antibiotic Achieves High Exposure in Lung SAN DIEGO, Feb. 28, 2011 (GLOBE NEWSWIRE) — Trius Therapeutics, Inc. (Nasdaq:TSRX) today announced results from its Phase 1 clinical trial to evaluate the ability of torezolid to penetrate into the lung for potential use to treat lung infections. In this study a 200 mg dose of torezolid phosphate was administered orally once-daily for three days to healthy adult volunteers. The trial achieved its primary goal of establishing the steady-state plasma pharmacokinetics and distribution of active drug into epithelial lining fluid (ELF). The same 200 mg once-daily dose of torezolid phosphate is currently being tested in a Phase 3 clinical trial for acute bacterial skin and skin structure infections (ABSSSI).
Read More >> http://yhoo.it/fXQdRZ —————— MarketNews —————— By Pablo Gorondi: Associated Press Oil above $98 as Libya`s oil industry in chaos Oil rises above $98 in Europe as Libya`s oil industry in chaos, traders fear unrest may spread Oil prices rose above $98 a barrel Monday as Libya`s violent power struggle continued to disrupt crude output in the OPEC nation. Violent protests in Oman also raised fears political upheaval could affect other crude exporters.
By early afternoon in Europe, benchmark crude for April delivery was up 33 cents to $98.21 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose 60 cents to settle at $97.88 on Friday.
In London, Brent crude for April delivery was up 46 cents to $112.60 a barrel on the ICE Futures exchange.
Read More >> http://yhoo.it/g84B7j ———————————————————————– By Barbara Ortutay: AP Business Writer Survey: Economy will grow moderately through 2012 Survey: US economy will continue to grow at moderate pace, but unemployment remains high NEW YORK (AP) — Economists are forecasting faster growth than they were in November, according to a quarterly survey from the National Association for Business Economics.
Although economists say the U.S. economy will continue to expand through next year, boosted by rising consumer and business spending, joblessness is expected to remain high and the pace of the housing recovery will be sluggish.
The 47 economists polled in the survey expect the economy to grow 3.3 percent this year. That`s up from November`s prediction of 2.6 percent growth. It`s also higher than last year`s 2.9 percent growth rate. The faster growth will be driven by pent-up demand from consumers ready to spend again, strong growth in Asia and business spending on new equipment and software.
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