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MondayJun 25, 2007 4:01 pm

Dana Corp (DCNAQ.OB) Shares Close Up 11 Percent

Shares of car and truck parts maker Dana Corp. (Pink Sheets: DCNAQ) closed at $2.11, up 21 cents, or 11 percent this afternoon.Shares remained high throughout the day, following Friday's news that the company is being pursued by Appaloosa Management LP. Appaloosa announced last week its interest in entering into a confidentiality agreement with Dana Corp. Dana Corp., in the midst of preparing a business plan in compliance with bankruptcy procedure, rejected Appaloosa's request though it has extended confidentiality to other companies. Accessibility to the information would enable Appaloosa to determine if Dana Corp.'s equity will have value through reorganization.…

MondayJun 25, 2007 4:01 pm

Tubearoo (TUBR.OB) News Causes Stock Rise

Share prices for Tubearoo Inc. (OTCBB: TUBR) arced gently today, rising a total of 10 percent over the course of the day to settle at $2.81 a share by market close.The source of this boost was this morning's announcement that the company has begun the official beta test launch of its mobile video service, allowing Tubearoo subscribers to receive video clips from Tubearoo.com on their cell phones and other cellular devices via a text messaging service. According to the release, this service has been functioning on an internal basis for some time, but that this is the first time it's…

MondayJun 25, 2007 4:01 pm

Top Closers with Big News

Bond yields and oil prices fell on Monday, which generally results in a rise in stock prices, but after a strong morning start fueled by the bond yields dropping 5 percent to 5.08, the markets ended today on a loss.Oil prices were pushed lower after the general strike in Nigeria ended and Iran invited the United Nations Atomic Agency inspectors to help resolve the conflict in Tehran. The oil prices dropped below $70 a barrel for the first time in recent weeks to $69.15. Most of the early morning gains seen by the drop in oil and bond yields were…

MondayJun 25, 2007 4:01 pm

Data Call (DCLT.OB) Responds to the Digital Signage Age

Data Call Technologies Inc. (OTCBB: DCLT) is a digital signage Internet software company taking advantage of the digital evolution. The company has working relationships and agreements with the industry's top digital signage providers, including 3M Digital Signage, Planar and more.Data Call's services allow users to upload content such as news; weather conditions; sports headlines and in-game updates; financial news and data; traffic updates; and Amber Alerts. With Data Call's solutions you can customize the sources and information you want to pop up on your television screen. "If you just wanted to view sports, or headlines or sports headlines ... you…

MondayJun 25, 2007 4:01 pm

GS Carbon (GSCR.OB) Shares Leap After Acquisition Announcement

Share prices for green-friendly resource development corporation GS Carbon Corp. (OTCBB: GSCR) shot up this morning, going up more than 100 percent after market open to drop down to 60 percent over opening price by mid-morning.The source of the jump? The announcement that equity investment company Seaway Capital Inc. is looking to acquire GS Carbon seems to be the cause. According to the latest press release from GS Carbon, Seaway Capital has "executed amended definitive agreements to acquire GS Carbon Corp. ... from its controlling shareholder, GreenShift Corporation." While the news isn't necessarily new - GS Carbon essentially said the…

MondayJun 25, 2007 4:01 pm

Early Movers with Big News

Each morning, the exchanges come alive - and finding a company with news to back its movement allows MN1 to bring you updates each morning and afternoon to keep you on top of the small and micro-cap markets. The following companies released news late yesterday evening or early this morning:Shares of GreenShift Corp. (OTCBB: GSHF) were up 4 cents in early morning trading, or 165 percent, to 6 cents on volume of 12.67 million. GreenShift issued a letter to shareholders Friday, detailing the company's accomplishments over the past two years and correcting a "number of significant issues." Facing those issues…

MondayJun 25, 2007 4:01 pm

Teleconnect (TLCO.OB) : Out of “Hibernation” and Making News

Teleconnect: Out of "Hibernation" and Making News After appearing dormant for nearly a year, not releasing a single press release regarding anything other than financial reports, Teleconnect (OTCBB: TLCO) released news in the past two days that drove shares up 33 percent, or 2 cents, to 10 cents by mid-afternoon today. Volume was more than 20 times the average daily trading volume of the past three months. Not only did the company announce a strategic acquisition, but also announced a reduction in its corporate debt by 46 percent and a return to profitability.Founded in 1999, Teleconnect has established itself as…

MondayJun 25, 2007 1:38 pm

StockWire Featured Company: Manas Petroleum Corp (MNAP.OB) Rises 52.7% From Initial Profile

Manas Petroleum is an international oil and gas exploration company with its primary focus on Eastern Europe and Central Asia. The company's main objective is to maximize potential growth while significantly reducing financial costs and risk. Manas Petroleum was profiled by StockWire at $3.60 in the third week of April and has since then risen to $5.50 for a 52.7% gain. The website believes the breakout can be credited to technical analysis and that the stock could close near the $6 level in the next few weeks. Let us hear your thoughts below:

MondayJun 25, 2007 1:10 pm

Nascent Food Service, Inc. (NCTW.OB) Shares Advance 6.14%

Investors are taking interest as Nascent continues to make new acquisitions and expands its reach to more locations. The company's focus is on acquiring more companies and speaking with Fortune 500 companies about becoming an exclusive distributor of their products. Nascent is currently in the process of acquiring one of the largest distributors in Mexico. The distributor imports food and beverage products nationwide with yearly revenues exceeding $24 million. Much is expected from this company as it consistently follows its business plan. Let us hear your thoughts below:

MondayJun 25, 2007 9:13 am

Overstock.com CEO Live on MN1 to Discuss Brookstreet

Patrick Byrne, CEO of Overstock.com (Nasdaq: OSTK), will be featured live on Market News First (www.mn1.com) for an exclusive interview with Steve Kanaval of the MN1 news team to discuss Brookstreet Securities. The interview is scheduled for today at 12:00PM CDT. The interview is in response to the meltdown at the Irvine, California-based broker-dealer Brookstreet Securities which closed its doors on Friday after heavy losses in the collateralized mortgage obligation (CMO) market, terminating at least 650 independent brokers. Join Mr. Byrne for an in-depth discussion on the “naked shorting” activity Brookstreet was involved in with the following two stocks: Paid…

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Dana Corp (DCNAQ.OB) Shares Close Up 11 Percent

Tubearoo (TUBR.OB) News Causes Stock Rise

Top Closers with Big News

Data Call (DCLT.OB) Responds to the Digital Signage Age

GS Carbon (GSCR.OB) Shares Leap After Acquisition Announcement

Early Movers with Big News

Teleconnect (TLCO.OB) : Out of “Hibernation” and Making News

StockWire Featured Company: Manas Petroleum Corp (MNAP.OB) Rises 52.7% From Initial Profile

Nascent Food Service, Inc. (NCTW.OB) Shares Advance 6.14%

Overstock.com CEO Live on MN1 to Discuss Brookstreet

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