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Patrice Green Houston - Saving our economy

BY Patrice Green | 01-05-2010 | 2:07 PM
This blog is written by a member of our blogging community and expresses that member's views alone.

Sweet Success Enterprises, Inc. (OTCBB : SWTS), which has relaunched a
product line made popular by Nestle’s to tap into the rapidly growing
demand for convenient and nutritious beverages, filed Form 10-Q
containing financial results for its second quarter ended June 30,
2006. The company has grown sales to $91,000 for the first six months
of 2006 from no sales during the same period last year. Sales should
greatly increase in the future as over the next several weeks, the
company will begin the initial production of the all-new “ChocKoala,” a
delicious high protein beverage marketed for children and packed with
immunity boosting ingredients, and a larger-sized “Chocolate Immunity
Infusion” targeted for adults. Shortly thereafter, Sweet Success will
produce “Ultra Greens Plus,” a health beverage packed with superfoods,
and “Glucasafe,” a low glycemic raspberry flavored white and green tea
drink with no artificial sweeteners. Meanwhile, Sweet Success products
are already available in more than 500 stores and growing and have been
ordered by a major national retailer for stocking in 2,500 stores coast
to coast in the fall. Additionally, the company has completed a $3.3
million private placement with accredited investors to support its
growth plans. With this new financing in place, the company now has
access to the resources to accelerate marketing and developmental
activities to capitalize on the growing demand for Sweet
Success-branded products. Shares ended the week at $0.86, down 12
cents.

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Medical device company Xcorporeal, Inc. (AMEX: XCR) appointed Kelly J.
McCrann as Chairman and Chief Executive Officer. Mr. McCrann is a
senior healthcare executive with extensive experience in board
governance, strategic leadership, profit and loss management and
strategic transactions. He was recently Senior Vice President of DaVita
(NYSE: DVA), a leading provider of kidney care services in the United
States, where he was responsible for all home-based renal replacement
therapies for the United States' second largest kidney dialysis
provider. Shares ended the week at $0.37, down 10 cents.

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Confidence in the economy continues to drive stocks higher. Despite
rising prices at the pump, consumer sentiment remained strong,
contributing to the Dow Jones and the S&P 500 achieving their
seventh straight week of advances. The Dow gained 230 points for the
week to close at a new all-time high of 13,556, up 8.7% for the year.
The Nasdaq, although currently up 5.9% for the year, declined 3 points
last week. The S&P 500 increased annual gains to 7.3% by rising 16
points for the week. The Russell fell 5 points, reflecting the recent
tendency for investors to bid large-cap stocks higher, lowering its
yearly gains to 4.5%.

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What
should investors look for this week on the corporate front? The
corporate calendar remains very busy, with Goodyear Tire (NYSE: GT),
Sysco (NYSE: SYY) reporting earnings Monday before the bell. Automatic
Data (NASDAQ: ADP), EDS (NYSE: EDS), MasterCard (NYSE: MA) and Viacom
(NYSE: VIA) will announce results Monday after close. Tuesday will
feature announcements from Archer-Daniels (NYSE: ADM), Dean Foods
(NYSE: DF), Emerson (NYSE: EMR), MGM Mirage (NYSE: MGM), Tenet
Healthcare (NYSE: THC) and Avis Budget (NYSE: CAR). Devon Energy (NYSE:
DVN), Donnelley & Sons (NYSE: RRD), Duke Energy (NYSE: DUK),
General Motors (NYSE: GM), Sara Lee (NYSE: SLE), Time Warner (NYSE:
TWX), and Time Warner Cable (NYSE: TWC) will all report results
Wednesday before the bell, followed by announcements from Cisco Systems
(NASDAQ: CSCO), Hertz Global (NYSE: HTZ), News Corp (NYSE: NWS), Sunoco
(NYSE: SUN), and Whole Foods (NASDAQ: WFMI). Thursday before the bell
AutoNation (NYSE: AN), Cardinal Health (NYSE: CAH), DIRECTV (NASDAQ:
DTV), DISH Network (NASDAQ: DISH), Fannie Mae (NYSE: FNM), Nortel
(NYSE: NT), PG&E (NYSE: PCG), Toyota Motor (NYSE: TM), and Tyco
Electronics (NYSE: TEL) will report their earnings, followed by
announcements from Anheuser-Busch (NYSE: BUD) during trading hours.
American International (NYSE: AIG) will report Thursday after close.
Ford Motor (NYSE: F), Sprint Nextel (NYSE: S) and Con Edison (NYSE: ED)
will announce results on Friday.

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The conference schedule begins to slowly pick up next week. Monday,
C.E. Unterberg, Towbin will host a Life Sciences Conference at the
Palace Hotel in New York, featuring Lev Pharmaceuticals, Inc. (OTCBB:
LEVP), which will present on Monday at 8:30 a.m. and Generex
Biotechnology Corporation (NASDAQ: GNBT) at 1 p.m. that day. Tapestry
Pharmaceuticals, Inc. (NASDAQ: TPPH) is scheduled to present on Tuesday
at 4:30 p.m. The three-day Gabelli & Company 30th Annual Auto
Aftermarket Symposium in Las Vegas also begins Monday. The two-day
Merrill Lynch Global Energy Conference in New York, as well as the
Goldman Sachs Global Capital Goods Conference in New York, begins
Wednesday. The conference schedule for the week closes on Thursday with
the one-day Oppenheimer Digital Media Conference and Stephens Logistics
and Transportation Services Conference. Both conferences will be held
in New York.

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