Small Cap News Movers for 11/5/09

DG FastChannel®, Inc. (NASDAQ: DGIT) announced today that it has executed a media services agreement with Google. DG FastChannel will provide media ingestion, quality control and production services to enhance Google’s TV Advertising Platform. “DG FastChannel's services will help advertisers continue to get great value from Google TV Ads,” said Keval Desai, Product management Director of Google TV Ads. The stock closed at $25.42, up 19.12%, on 1,751,914 traded shares.

Royale Energy, Inc. (NASDAQ:ROYL) released the test results of the Goddard 7-1. On Oct 15 the company announced a new field discovery near its successful Lonestar field. This week’s completion activities resulted in a stabilized flow rate of 2,450 MCF per day on a restricted choke. Based on these results the well is capable of significantly higher producing rates, and the company expects to begin production at an initial rate of 2,500 MCF per day. The stock closed at $2.63, up 11.91%, on 1,719,522 traded shares.

Continucare Corporation (NYSE AMEX: CNU) today reported financial results for its first quarter of fiscal 2010. Revenue for the quarter totaled $76.0 million, a 17% increase compared to $65.1 million for the same period last year. Net income increased to $5.3 million, or $0.09 per diluted share, as compared to $2.5 million, or $0.04 per diluted share, for the same period last year. Continucare’s cash and cash equivalents increased to $22.8 million at September 30, 2009. The stock closed at $3.05, up 15.97%, on 467,262 traded shares.

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