Small Cap News Movers for 3/10/11

Starbucks Corporation (NASDAQ: SBUX) and Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR) today announced a strategic relationship for the manufacturing, marketing, distribution and sale of Starbucks® and Tazo® tea branded K-Cup® portion packs for use in GMCR’s Keurig® Single-Cup brewing system. The new relationship will provide owners of Keurig Single-Cup Brewers with the additional choice afforded by having Starbucks branded super-premium coffees available for their brewers. GMCR closed at $61.71, up 41.4%, on 42,205,281 traded shares.

BIOLASE Technology, Inc. (NASDAQ: BLTI) today reported unaudited operating results for its fourth quarter and year ended December 31, 2010. Net revenue for the 2010 fourth quarter was $9.7 million, up 56 percent sequentially from $6.2 million in the 2010 third quarter and down approximately seven percent from $10.4 million in the same quarter for 2009. The majority of sales in the 2010 fourth quarter were from the sale of the Company’s previous flagship Waterlase MD Turbo™ laser. The stock closed at $4.63, up 16.0%, on 2,493,169 traded shares.

Spectrum Pharmaceuticals (NASDAQ: SPPI) today reported financial results for the three and 12-months ended December 31, 2010. Consolidated revenue of $34 million was comprised of product sales of $31 million ($8 million from ZEVALIN, $23 million from FUSILEV) and $3 million from licensing fees. This represents a more than three-fold increase over the $9 million in consolidated revenue in the fourth quarter of 2009, which was comprised of $5 million from product sales. The stock closed at $7.58, up 9.90%, on 4,043,205 traded shares.

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