Leah Schnurr, Reuters
Wall Street climbs, boosted by eBay results, rosy data
(Reuters) - Wall Street rose on Thursday, with the S&P 500 hitting a five-year intraday high, as investors were cheered by rosy economic data and better-than-expected results from online marketplace eBay (EBAY).In encouraging signs for the labor and housing sectors, data showed the number of Americans filing new claims for unemployment benefits fell to a five-year low last week, while residential construction jumped in December.
"It reminds us that although the situation on the job front hasn't improved significantly, slowly but surely it is getting better," said Andres Garcia-Amaya, global market strategist at J.P. Morgan Funds, in New York.
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Yesterday's Top Performing Small Cap Stock:
Marley Coffee (OTCBB: JAMN)Marley Coffee was a SmallCapVoice top performer closing up over 17% on trading volume of 966,762 shares.
Marley Coffee is a US-based company providing premium-roasted coffee to the Grocery, Retail, Online, Service/Hospitality, Office Coffee Service, and Big Box Store industries. Under its exclusive licensing agreement with 56 Hope Road (Bob Marley Museum), the Company continues to develop its coffee lines under the Marley Coffee brand. Marley Coffee is a fully reporting company quoted on the OTCBB under the symbol JAMN.
Marley Coffee's gourmet product line is positioned for the significant trend and growing consumer awareness towards organic, fairly traded premium, and super premium specialty coffees.
Company Information Sheet
Today's SmallCapVoice.com Hot Stock to Watch:
Medical Marijuana Inc. (Pink Sheets: MJNA)Medical Marijuana Inc. and Portfolio Company Red Dice Holdings Launches Re-Brand of Innovative Hemp Oil Wellness Product Line
SAN DIEGO, Jan. 17, 2013 /PRNewswire/ - Medical Marijuana Inc. (OTC: MJNA), a leading hemp industry innovator, is pleased to announce that its portfolio company, Red Dice Holdings, owner of the Dixie Elixirs & Edibles brand is re-launching their innovative hemp oil wellness brand today as Dixie Botanicals.The company originally launched its Hemp Wellness products in September 2012 under the name Dixie X. While the product was very well received in the market, the company determined that Dixie Botanicals provided a broader brand platform and more clearly described the natural and beneficial direction for future product development.
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Other Small Cap News
Urban AG Corp (Pink Sheets: AQUM)Urban AG Corp Announces Closing Date Of January 25, 2013 For Acquisition Of Green Wire Enterprises, Inc.
NORTH ANDOVER, Mass., Jan. 17, 2013 /PRNewswire/ -- Urban AG Corp/ (AQUM) (the "Company" or "AQUM"), announced today that the Company has set a closing date of January 25, 2013 for the recently announced acquisition of Green Wire Enterprises, Inc. ("GWE"). The acquisition of GWE is the first using the recently announced acquisition model developed by the management team of the Company. The purchase price will consist of Cash, Seller Notes and Equity. GWE operates primarily in the Southwestern United States in the Telecom market but has contracts with major telecommunication companies and general contractors in other locations within the United States.Continue Reading
Legends Business Group (Pink Sheets: LGBS)
Legends Starts Manufacturing on Its Zombie Chargers Product Line
Legends Business Group, Inc. -- Zombie Chargers Product Line Manufacturing in Full ProductionMIAMI, FL--(Marketwire - January 17, 2013) - Legends Business Group (PINKSHEETS: LGBS) today announced that its long awaited Zombie Chargers product line is now in the manufacturing stage, with the Florida based engineering firm announced back on September 11, 2012. Under the agreement, the engineering firm has agreed to manufacture a minimum of 500 units of the Multi-Function Charger Controller (MFCC) over the next twelve months.
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Pazoo, Inc. (OTCBB: PZOO)
Pazoo Signs Contract with Better Business Network; Increases Online Capabilities Along with iBuild Media, LLC
CEDAR KNOLLS, N.J., Jan. 17, 2013 /PRNewswire/ -- Pazoo, Inc. (OTCBB Symbol: PZOO (German WKN#: A1J3DK)) has joined forces with iBuild Media and Better Business Network (BBN), in a move that will greatly develop Pazoo Inc's online presence. iBuild Media's network encompasses media partners including Elite Daily, MTV, Huffington Post, Fox News and The E Network. BBN's network encompasses partners including Coca Cola, GMC, Pepsi, Sandals Resorts, Suzuki, and Peugeot. By establishing this alignment with iBuild and BBN, Pazoo is set to propel itself into the forefront of the digital world.Continue Reading
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