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| LXRP News Top Today's Headlines at SmallCapVoice.com |
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 Yesterday's Top Performer
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Company: Lexaria Corp. (OTCQB: LXRP)
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End of Day:
Price: 0.102
Change (%): + 0.007 (7.37)
Volume: 371,808 |
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Lexaria Oilfield Sale Completed
KELOWNA, BC / ACCESSWIRE / December 10, 2014 / Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the "Company" or "Lexaria") is pleased to announce the sale of all its Belmont Lake oil assets for 1.4 million dollars in cash has closed and all money received. Lexaria congratulates the new owners for having purchased a fine asset.
Lexaria has now repaid all outstanding debts. As a result our monthly expenditures have decreased and we are no longer making interest or principal repayments.
"We are very excited about using our new cash reserves to launch PoViva Tea and pursue our alternative-health business plan," said Chris Bunka, CEO of Lexaria.
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SmallCapVoice Clients' News
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Company: Terra Tech Corp (OTCQB: TRTC)
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Terra Tech Introduces IVXX(tm) - A New Brand of Premium Quality, Locally-Produced Cannabis
A new brand of exceptional quality cannabis products is brought to you by IVXX, a wholly-owned subsidiary of Terra Tech
Oakland, Dec. 10, 2014 (GLOBE NEWSWIRE) - Terra Tech Corp (TRTC) is pleased to announce a new brand of exceptional quality cannabis products. IVXX, a wholly-owned subsidiary of Terra Tech, was developed by cannabis veterans Salwa Ibrahim and Derek Peterson, who believe in cannabis and its associated benefits. They and their entire IVXX team are committed to building a brand that delivers benchmark quality and consistency.
“We believe everyone deserves the finest cannabis products and experiences. Our goal in developing this brand is to make certain we bring much-needed quality and accountability to the entire industry. The industry is maturing to a point where thoughtful branding is needed so consumers can make educated and informed decisions about the products they purchase.” - Derek Peterson, CEO, Terra Tech
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Company: FBC Holding Inc. (Pink Sheets: FBCD)
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FBC Holding, Inc. Announces Leigh Valentine Cosmetic Products Entering Clinical Trials
NEW YORK, Dec. 10, 2014 /PRNewswire/ - International product and development company, FBC Holding, Inc. (OTC: FBCD) has announced today it will be taking a new line of skincare products from its cosmetics arm, Leigh Valentine to clinical trials. The company is currently in discussions with reputable organizations that specialize in cosmetics and related protocols necessary to take said products through the trial process.
FBC Holding, Inc. has received the necessary criteria to have the products thoroughly tested so as to meet the standards of the largest television shopping networks in the world, as well as those of major retailers that have expressed interest in the Leigh Valentine line of products. Studies are now under way to confirm all ingredients and substantiate claims regarding the products’ effectiveness. Leigh Valentine Beauty has been compliant with FDA requirements to date and the company will be using these prior studies to guide them through the current processes.
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Market News
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By Suzanne O'Halloran: Yahoo Finance
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How sagging oil stocks can ease your tax bill from Uncle Sam
The S&P 500 and the Dow Industrials will likely finish the year at or near record levels. Investors tempted to break out the bubbly need to remember Uncle Sam is going to want his cut as well in the form of a capital gains tax. “The big issue right now that our investors face and this is true of most managers is that they have big gains but no losses to take against those gains to reduce their tax bills.” observes Hugh Johnson, chairman, Hugh Johnson Advisors.
For investors who still own energy stocks, selling is a no-brainer to ease the tax bite. Plus, there are lots of names to choose from in the U.S. Oil ETF (USO) which has lost 31% of its value this year. Rather than just dumping the entire group, Johnson is advising clients to take it a step further. “Sell Halliburton (HAL), if that happens to be the name you own and you offset it by reinstating or stating a position in Baker Hughes (BHI), which Halliburton is going to buy or some other company like a Schlumberger (SLB).”
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By Abigail Stevenson: CNBC
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Why the market decline made sense
Jim Cramer thinks the decline in the averages on Tuesday made sense. It was logical, and even expected, periodically.
"Since we are in the thick of the playoff hunt, you have to view this market like the NFL. Sometimes a terrific team gets beat simply because it doesn't execute well. Individual players fail to play up to their potential, especially when you're on the road facing a vicious 12th man of a backdrop."
When the "Mad Money" host refers to a backdrop, let's take the Chinese market as an example. It had a huge run recently and was hammered on Monday night, down 5 percent. That's pretty jarring. Not as scary as the 12 percent decline in Greece - the worst in 27 years.
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