Pan Pylas, AP Business Writer
Stocks recover some lost ground on Dell earnings
Global stocks recoup some ground lost over past week as Dell earnings improve sentiment
LONDON (AP) — Strong earnings from computer maker Dell supported stock markets Wednesday but concerns about the pace of the U.S. economic recovery limited the gains, particularly on Wall Street.
Sentiment across markets has been fragile of late, with investors worried about a slowdown in the global economic recovery. Weak U.S. industrial production and housing figures this week did little to lift the gloom.
However, forecast-busting earnings from Dell in an after-hours statement Tuesday encouraged some investors to buy back into stocks.
In Europe, the FTSE 100 index of leading British shares was up 1.2 percent at 5,929 while Germany’s DAX rose 0.8 percent to 7,312. The CAC-40 in France was 1.1 percent higher at 3,987.
Yesterday’s Top Performing Small Cap Stock:
American Petro-Hunter, Inc. (OTCBB: AAPH )
American Petro-Hunter, Inc. was a SmallCapVoice.com top performer closing up over 5% on trading volume of 802,854 shares.
American Petro-Hunter Commences Spud of Horizontal Well at North Oklahoma Project
This is the Company’s first horizontal well and is the inaugural well in a planned series of horizontal wells designed to exploit the 100-foot thick limestone known as the Mississippi Formation. The NOM1H well is expected to take several weeks to reach its engineered total depth, following which it will undergo a period of testing and evaluation.
Other Top Performers: COBI | OMTK | UPNT | WSGF
Today’s SmallCapVoice.com Hot Stock to Watch:
Tootie Pie Company (OTCQB: TOOT )
Tootie Pie Company April Sales up 17%
“Pie sales kicked our Café daily sales averages up 30% for Easter, our first holiday of the year,” said Don Merrill, President & CEO. “‘Pie on a Stick’ sales are creating a buzz as a warm weather treat and provide a promising boost for the upcoming summertime season. With holidays like Father’s Day and the Fourth of July right around the corner, and so many new ways to reach our target audience, we are more excited about this summer than any other in the past.”
SmallCapVoice Clients’ News
Neah Power Systems, Inc. (OTCBB: NPWZ )
A New Audio Interview With Chris D’Couto, President and CEO of Neah Power Systems, Inc., is Now at SmallCapVoice
AUSTIN, Texas, May 18, 2011 /PRNewswire/ — SmallCapVoice.com, Inc. announced today that a new audio interview with Neah Power Systems, Inc. (OTCBB: NPWZ) is now available. The interview can be heard at http://smallcapvoice.com/blog/5-9-11-audio-interview-with-neah-power-systems-inc-otcbb-npwz
Other Small Cap News
BioMedical Technology Solutions Holdings, Inc. (OTCQB: BMTL )
BioMedical Technology Solutions Holdings, Inc. Announces New Rental Program
ENGLEWOOD, CO–(Marketwire – 05/17/11) – BioMedical Technology Solutions Holdings, Inc. (“BMTS”) (OTCQB: BMTL) is pleased to announce a revolutionary medical waste disposal system rental program for its Demolizer® II machine. The rental program will provide a cost effective way for healthcare providers, dental offices, veterinarians, and others producers of medical waste to dispose of up to 80 gallons per month right in their own facilities. The program is available for as little as $150 a month. BMTS is guaranteeing the price for 48 months and the company offers a 60 day cancelation any time after the first 90 days for program participants.
Sajan, Inc. (OTCBB: SAJA )
Cisco TelePresence to Feature Sajan for Global Localization Support
Upcoming Webinar Features Best Practices and Advice From Cisco’s Experience
RIVER FALLS, Wisc., May 17, 2011 (GLOBE NEWSWIRE) — Cisco’s Richard Faubert will be leading an upcoming Webinar which showcases an innovative solution where Sajan (OTCBB:SAJA) provided a pivotal role in assisting Cisco to localize and internationalize its TelePresence product. The Webinar is intended to serve as a best practice case study and example of innovation.
Rentech, Inc. (NYSE Amex: RTK )
Rentech Completes Acquisition of Majority of ClearFuels Technology Inc.
LOS ANGELES–(BUSINESS WIRE)– Rentech, Inc. (NYSE AMEX: RTK) announced today that it has completed the acquisition of a substantial majority of the equity ownership of ClearFuels Technology Inc. (ClearFuels), with ClearFuels continuing as a Hawaiian company, and existing ClearFuels investors retaining a minority interest.
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