Stocks to Watch for Wednesday, March 3, 2010: EBIG -- EastBridge Investment Group Announces Stock Dividend for JKZ Bio-Phosphoru
03 Março 2010 - 11:00AM
Marketwired
Market Pulse is pleased to introduce our featured stock, EastBridge
Investment Group Corporation (OTCBB: EBIG), to the investment
community! EastBridge Investment Group is new to Market Pulse and
is poised to become a significant player in the financial services
industry! EastBridge Investment Group just had excellent news out
in a press release before today's opening bell announcing a stock
dividend for JKZ Bio-Phosphorus Fertilizer Corp! The street and
investors are beginning to realize that being a shareholder in
EastBridge allows them to receive stock dividends in EastBridge's
clients that are performing fundamentally well in Asia! This could
be great news for investors! Other notable stocks that should be
closely watched due to existing fundamental and technical factors
affecting each company include:
CombinatoRx Inc. (NASDAQ: CRXX) : Market Outperform
Sino Clean Energy Inc. (OTCBB: SCLX) : Attractive
Microsoft Corporation. (NASDAQ: MSFT) : Bearish
Stock Pick Meanings
These stock picks are the investment opinions of MP's editor and
reflect MP's belief regarding the potential price movement over the
next one to four weeks of trading of each of the stocks presented.
This analysis is done from a technical and fundamental
perspective.
After Tuesday's Bell Market Commentary
On Tuesday, the markets retreated from earlier gains to close
barely above the flatline, despite corporate consolidations. The
markets had got a lift from upbeat economic reports abroad. The
Greek government is scheduled to detail deeper spending cuts amid
growing hopes European leaders will come up with a bailout.
Investors are remaining cautious in advance of key employment data
at the end of the week. U.S. auto sales slowed down in February.
Industry-wide sales for February held flat from the depressed sales
rate of 2009, The dollar mostly fell against other major
currencies. Gold rose. Bond prices were little changed. Crude oil
rose 98 cents to $79.68 per barrel. The Dow rose 2.19, or less than
0.1 percent, to 10,405.98. The Nasdaq rose 7.22, or 0.3 percent, to
2,280.79. The Standard & Poor's 500 index rose 2.60, or 0.2
percent, to 1,118.31. The Russell 2000 index rose 5.66, or 0.9
percent, to 648.31.
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shares of EastBridge Investment Group Corporation by the company.
In addition, MP has pending one million two hundred thousand
restricted shares of EastBridge Investment Group Corporation by the
company. Additionally, MP bought for its own account in the open
market, one hundred ninety thousand shares of EastBridge Investment
Group Corporation's shares for a total purchase price of sixteen
thousand twenty nine dollars. To date, MP has not sold any of these
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