USEquityNews.com Market Wrap Up of Tuesday March 10, 2009

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City of Industry, CA --(www.USEquityNews.com)-- 03/11/2009 - Economy industry alert provided by U.S. Equity News. Today Wall Street was filled with hope, as it had its best day of the year, today's rally was lead by Citigroup (NYSE: C) as the company announced that they operated at a profit for the month of January and February. The Dow Jones industrial had a near gain of 380 points.


Although we saw a great rally there is caution amongst financial analyst around the world.

Here are some comments from Wall Street: "To have a sustained rally, we have to have a shift in sentiment," said Kurt Karl, chief U.S. economist at Swiss Re. "One day isn't going to make a trend."

Citi Chief Executive Vikram Pandit said the performance this year has been the bank's best since the third quarter of 2007 -- the last time it booked a profit for a full quarter. Based on historical revenue and expense rates, Citi's projected earnings before taxes and one-time charges would be about $8.3 billion for the full quarter.
Other strong performers include, Bank of America (NYSE: BAC) whose stock jumped 27.7 percent and GE whose financial services division moves with banking stocks, jumped up $1.46 or 19.7 percent.

Small Cap Stock in the News:

South Florida-based Capstone Industries, a wholly owned subsidiary of CHDT Corp. (OTC BB: CHDO), announced its Eco-i-Lite(TM) product line will be available in Target Stores across the nation in April. Target will be stocking both the full size and the newest Eco-i-Lite addition of the "Mini Eco-i-Lite(TM). Recently the company announced placement of its Eco-i-Lite programs in multiple warehouse clubs nationwide. Now Capstone has expanded the program by adding a mini version to be carried by mass retailers, grocery, drug & home improvement channels. The Mini Eco-i-Lite(TM) is a small, lithium powered multi-function power failure light. The device includes 3 LED bulbs, an LED night lite, and an induction charging ring that is safe and curtails energy consumption, meeting strict energy efficient guidelines set by the U.S. EPA. The unit is environmentally friendly and requires no battery or bulb change. The unit automatically illuminates when lifted from its charging ring or when a power failure occurs.

Neoprobe Corporation (OTCBB: NEOP) yesterday announced its consolidated financial results for the fourth quarter of 2008 and for the full year ended December 31, 2008. For the fourth quarter of 2008, Neoprobe had a net loss of $1.2 million or $0.02 per share compared to a net loss of $1.9 million or $0.03 per share for the fourth quarter of 2007. For fiscal 2008, Neoprobe incurred a net loss of $5.2 million or $0.08 per share compared to a net loss of $5.1 million or $0.08 per share for fiscal 2007. Neoprobe's loss from operations for the fourth quarter of 2008 was $755,000 compared to $272,000 for the fourth quarter of 2007. Neoprobe's loss from operations for the fiscal year ended December 31, 2008 was $3.0 million compared to $1.8 million for fiscal 2007.

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