Wall Street News Alert's "stocks to watch" this morning are:
Welwind Energy International Corp. (OTCBB: WWEI), American
International Group, Inc. (NYSE: AIG), The Mosaic Company (NYSE:
MOS) and Schlumberger Limited (NYSE: SLB).
To receive FREE Mobile Stock Alerts formatted especially for
your cell phone, text the word "press" in the subject line to
79704.
*** This free service can be discontinued at any time by
replying to any one of the alerts with the word "stop"
Welwind Energy International Corp. (OTCBB: WWEI) is at it again,
and the company is continuing it string of positive news for this
week! Investors are, once again, urged to watch this stock closely!
Early this morning, the company issued a press release announcing
that it has successfully come to a terms agreement with Windcor
Power Systems to create a joint venture partnership on various
projects located in Canada.
More good news for the company! According to the release, both
companies agree to begin its relationship starting with a site
located in Southern Alberta, Canada. Windcor Power Systems has
worked with Welwind for the past few years as its developer for its
China projects, namely the Zhanjiang and Yangxi wind farms to
develop over 1000 MW of wind-generated power. The relationship
further extends to its Peace Region Project in British Columbia as
well.
The two companies have had the opportunity to forge a
relationship over the successful development of its projects in
China and determined that the next natural step would be to form a
joint venture on the Canadian frontier of the wind industry.
The project, with a potential build out of 200 MW, is located in
Southern Alberta, Canada and has over 3 years' wind data. The
Company has determined that data to date proves favorable to build
a profitable wind project at this location.
Most of the environmental work is complete and through
consultation with the public and area stakeholders we are
comfortable that Windcor and Welwind now have all of the necessary
data to proceed on a successful endeavor. "This is a natural
partnership between our two companies. With Windcor's expertise in
the Canadian green energy field and Welwind's strong financial
partners, we look forward to future successes in our joint venture
relationship," says Larry McNabb, President of Welwind.
Windcor and Welwind are jointly reviewing projects in various
provinces of Canada, namely 3 potential sites in Alberta and
British Columbia. Each project will be in the range of 100 MW for
the commercial scale wind sites. There are also various community
projects in the range of 10 - 30 MW that are also being considered
due to their expediency in development time.
Yesterday, the company issued another press release announcing
that it has secured an additional 1400 acres of private land for
its Peace Region Project. The company is seeking private land to
minimize the environmental process and high costs that are inherent
with Crown Land.
According to the press release, Welwind received an intent to
fund all of our projects in China along with the development
activities in the Peace region. Funding has been secured at very
reasonable terms and rates allowing for additional bottom line
revenue for our investors.
And finally on Monday the company reported that it has received
a letter of final approval from the local regional Mayor for the
Zhanjiang Power Purchase Agreement (PPA). According to the press
release, as per China's Renewable Energy Law, the Power Purchase
Agreement with the local utility is mandated by the central
Government of China. Through this legislation, the State officially
encourages the construction of renewable energy power facilities.
China's electricity grid is obligated to purchase all the
electricity generated by approved renewable energy facilities
located in its service area. The grid's buying price for renewables
is set by the National Development and Reform Commission (NDRC), a
regulatory department of the State Council. The company awaits
final pricing and terms from the NDRC.
The details of the PPA will be formally announced within the
next few weeks with terms, conditions and pricing.
Investors are urged to continue to monitor the progress of the
company!
The stock closed yesterday at Seven cents a share.
In case you are not familiar with the company: Welwind Energy
International Corp. is committed to providing the best resource
option available for renewable energy, protecting our environment,
empowering communities, bolstering local economies and respecting
the rights of future generations.
Welwind Energy International was founded to build, own and
operate wind farms on an international scale. The company's goal is
to become a leading provider of clean energy products for the
residential, business and governmental consumer.
American International Group, Inc. (NYSE: AIG) up 0.2% on 43.9
million shares traded.
American International Group, Inc. is one of the world leaders
in insurance and financial services.
The Mosaic Company (NYSE: MOS) up 1.7% on 16.1 million shares
traded.
The Mosaic Company is one of the world's leading producers and
marketers of concentrated phosphate and potash crop nutrients.
Schlumberger Limited (NYSE: SLB) up 1.8% on 14.6 million shares
traded.
Schlumberger is one of the world's leading oilfield services
company supplying technology, information solutions and integrated
project management that optimize reservoir performance for
customers working in the oil and gas industry.
Market Commentary:
"The dollar was mixed against major currencies Tuesday as stocks
seesawed and investors anticipated steep European rate cuts later
this week," stated Sonja Rudd in Wall Street News Alert's daily
commentary continued at: http://www.WallStreetNewsAlert.com.
Let Wall Street News Alert help advertise for your company using
our effective awareness campaigns. If you're Interested in telling
your story, we can help. Contact us at info@wallstreetnewsalert.com
or see our services at
http://www.wallstreetnewsalert.com/tPage.aspx?PAGE_TYPE=AU
WSNA's email alert service is free to those investors who sign
up on the WSNA home page. The alert service is designed to notify
investors of undervalued and often overlooked stocks. Subscribers
are introduced to Special Situation companies that have the
potential of showing increased activity. The Wall Street News Alert
home page has experienced over 100 million hits. To subscribe to
this free service, visit the Wall Street News Alert home page at
http://www.wallstreetnewsalert.com and select the "join now"
button.
*** It has come to the attention of Wall Street News Alert
(WSNA), that various persons or companies distribute faxes bearing
similar names to Wall Street News Alert. Wall Street News Alert is
not affiliated with faxes bearing names such as: Wall Street Stock
Alert, Wall Street Investor Alert, Wall Street News Alert or any
other fax using various combinations of the generic words Wall
Street.***
Wall Street News Alert is a division of Wall Street Capital
Funding LLC (WSCF). WSCF also maintains a contractual, working
relationship with Stock Market Alerts LLC and its Wall Street Enews
brand. WSCF is not a registered broker/dealer and may not sell,
offer to sell or offer to buy any security. WSCF profiles are not a
solicitation or recommendation to buy, sell or hold securities. An
offer to buy or sell can be made only with accompanying disclosure
documents from the company offering or selling securities and only
in the states and provinces for which they are approved. The
material in this release is intended to be strictly informational.
The companies that are discussed in this release have not approved
the statements made in this release nor approved the timing of this
release. All statements and expressions are the sole opinion of
WSCF and are subject to change without notice. Information in this
release is derived from a variety of sources including that
company's publicly disseminated information, third parties and WSCF
research. The accuracy or completeness of the information is not
warranted and is only as reliable as the sources from which it was
obtained. WSCF disclaims any and all liability as to the
completeness or accuracy of the information contained and any
omissions of material fact in this release. The release may contain
technical inaccuracies or typographical errors. It is strongly
recommended that any purchase or sale decision be discussed with a
financial adviser, or a broker-dealer, or a member of any financial
regulatory bodies. Investment in the securities of the companies
discussed in this release is highly speculative and carries a high
degree of risk. WSCF is not liable for any investment decisions by
its readers or subscribers. Investors are cautioned that they may
lose all or a portion of their investment if they make a purchase
in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF
has been compensated for dissemination of company information on
behalf of one or more of the companies mentioned in this release.
WSCF has been compensated Twenty Four Thousand Dollars (Ten
Thousand Dollars for current services and Fourteen Thousand Dollars
for previous services) for services performed for Welwind Energy
International Corp. (OTCBB: WWEI) by the company. WSCF holds no
shares of the stock. WSCF may receive additional compensation for
extension of its services. Any additional compensation will be
disclosed at such time that WSCF is aware of a clients desire to
extend the original services. WSCF may have received shares of a
company profiled in this release prior to the dissemination of the
information in this release. WSCF may immediately sell some or any
shares in a profiled company held by WSCF and may have previously
sold shares in a profiled company held by WSCF. WSCF's services for
a company may cause the company's stock price to increase, in which
event WSCF would make a profit when it sells its stock in a
company. In addition, WSCF's selling of a company's stock may have
a negative effect on the market price of the stock.
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a company's annual report on Form 10-K or 10-KSB and
other filings made by such company with the Securities and Exchange
Commission. You should consider these factors in evaluating the
forward-looking statements included herein, and not place undue
reliance on such statements. The forward-looking statements in this
release are made as of the date hereof and WSCF undertakes no
obligation to update such statements.
Contact email: Email Contact URL:
http://www.wallstreetnewsalert.com Company: Wall Street News
Alert
Schlumberger (NYSE:SLB)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Schlumberger (NYSE:SLB)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024