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U.S. Stocks Advance, Led by Retailers, Banks; Amazon Climbs

U.S. stocks rose, adding to the biggest weekly rally since April, after oil's drop below $115 a barrel boosted retailers and credit card companies.

All but one of the 29 companies in the Standard & Poor's 500 Retailing Index advanced as crude retreated for a second day and Goldman Sachs Group Inc. said Wal-Mart Stores Inc. may increase its profit forecast. Financial shares contributed the most to the S&P 500's gain as American Express Co., Discover Financial Services and Capital One Financial Corp. climbed more than 2 percent each.

The S&P 500 advanced 9 points, or 0.7 percent, to 1,305.32 after jumping 2.9 percent last week. The Dow Jones Industrial Average increased 48.03, or 0.4 percent, to 11,782.35, its highest level since June 25. The Nasdaq Composite Index added 25.85, or 1.1 percent, to 2,439.95. Almost five stocks rose for every two that dropped on the New York Stock Exchange.

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Consultants in scientific research & experimental development (SR&ED) and r&d federal tax credit funding.
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Featured Company - Northern Gold Mining Inc.(TSX-V: NGM)
Northern Gold Mining Announces Additional High Grade Gold Assays 552.96 g/t (16.13 oz/t) on Its Kirana Property

TORONTO, ONTARIO, Aug 14, 2008 - Northern Gold Mining Inc. is pleased to announce additional high grade gold assays from its ongoing stripping, mapping and sampling program following-up on last month's high grade gold discovery in the Fidelity area of Northern Gold's Kirana property. Analytical results from the initial lot of 44 chip and channel samples, collected in the stripping and sampling program after the high grade gold discovery, have been returned confirming the presence of very high grade local gold with assays up to 552.96 g/t (16.13 oz/ton) Au. The Kirana property comprises 86 contiguous claim.....Read More

Market News

Ontario SR&ED Consultants Review CRA Research and Development Funding Changes
The Canada Revenue Agency has made changes to the SR&ED filingrequirements that will begin 2009. You can read the full press release from OME which provides (R&D) and (RSDE) consultations in Quebec.

Axis Rapid Prototyping Digitally Manufacturing Architectural Model of 30m Telescope
Axis Prototyping using stereolithography (SLA model) and selective laser sintering (SLS prototype) will be working with the Association of Canadian Universities for Research in Astronomy (ACURA) for the realization of a 1:144 scale architectural model 30m telescope (TMT). In collaboration with its prototyping partners the model will represent the vision of the TMT partnership. Read the complete story.
Value investing not dead, really
It certainly hasn't been an easy year for value investors, those intrepid types who invest in companies whose stocks are trading at a sizable discount to their intrinsic values.
Small Cap News

Canadian Uranium Mining Stocks Need to Benefit Local Communities
Pele Mountain is developing a safe, secure, and reliable uranium mining and processing operation for the Eco Ridge Mine in order to deliver benefits to Elliot Lake community and its shareholders. Read the project details.

Small-cap, Southeastern banks feel earnings pain: analysts
The second quarter was one that most financial institutions would like to forget, but earnings reports showed that small-capitalization and Southeastern banks shouldered the most pain, Wall Street analysts said Wednesday.
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Featured Stock
SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) Posts 1000% Gain in Payment Processing Volume in November 2008 Compared to Same Period Last Year

SAN ANTONIO, TEXAS--(MARKET WIRE)--Dec 12, 2008 -- SmartCard Marketing Systems Inc. announced today that their Prepaid Card loading, Pin Debit and Bill Payment processing volume increased over 1000% in Payment processing totaling $620k for the month of November 2008 as compared to same period last year $60k. This trend of growth is anticipated well through 2009 and 2010 as the company attains a moderate threshold and active customer base.

(Other OTC:SMKG.PK) CEO Massimo Barone said, "What we are experiencing now is continued demand of our products and services from payment industry merchants. Throughout 2008 we continued to focus on delivering our technology platform and expertise to these merchants via Velocitymoney.com and Velocitymerchant.com. We believe strongly that fulfillment of backorders reaching market in January through March 2009 will impact sales and add substantial transaction revenues to our existing business mid year and ongoing."

Overview:

Studies show that the trend toward consumers using debit cards instead of credit cards continues to grow. (Other OTC:SMKG.PK) business model involves capturing a significant share of the estimated 28 billion debit transactions that occur every year and capture market share in alternative e-commerce payment transactions segment."

We seek safe harbor.

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