Wall Street News Alert's "stocks to watch" this morning are:
CleanTech Biofuels, Inc. (OTCBB: CLTH), Oracle (NASDAQ: ORCL),
Apple Inc. (NASDAQ: AAPL) and Bristol-Myers Squibb Company (NYSE:
BMY).
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There is additional important news coming from CleanTech
Biofuels, Inc. (OTCBB: CLTH), and investors are urged to continue
to watch this stock closely. Yesterday after the markets closed,
the company, formerly a sublicensee of World Waste Technologies'
patent (U.S. Patent No. 6,306,248 and Patent Cooperation Treaty,
International Application No. PCT/US01/50049, Method for
Transforming Diverse Pulp and Paper Products into a Homogenous
Cellulosic Feedstock), issued a press release announcing that it
has acquired that patent.
This is great news as the press release states that CleanTech
Biofuels is now able to file new United States and international
patents based on the combined technologies described in the patent
and those of Biomass North America Licensing! CleanTech CEO Ed
Hennessey, noted, "We are very excited to have completed this
transaction, as this acquisition creates many new opportunities for
our company."
The newly acquired patent relates to the proprietary Pressurized
Steam Classification process that CleanTech uses for cleaning and
separating municipal solid waste into its component parts. This
process creates a homogenous biomass that can be used as a
renewable feedstock for the production of alternative energy in a
variety of different applications. CleanTech is implementing its
technology at a commercial site in Chicago, Illinois and is
evaluating a number of additional sites for commercial
development.
Investors are urged to continue to monitor the progress of the
company!
Before the news was released, the stock closed yesterday at
Fifty-Five cents a share.
For Wall Street News Alert's in-depth profile of CleanTech
Biofuels, visit
http://www.wallstreetnewsalert.com/HotStocks/CLTH102708/default.aspx.
In case you are not familiar with the company: CleanTech
Biofuels, Inc. is a development stage company with technology that
the company believes is capable of converting municipal solid waste
into ethanol and other energy products. By using the existing
infrastructure for municipal solid waste collection and disposal to
collect biomass at low or possibly negative feedstock cost, the
Company expects to achieve profitability quickly relative to other
energy producers who must develop their infrastructure to collect
and transport more expensive feedstocks such as sugar cane, corn or
even switchgrass, wood waste, or corn stover.
Oracle (NASDAQ: ORCL) down 2.9% on 46.7 million shares
traded.
Oracle is the world's largest enterprise software company.
Apple Inc. (NASDAQ: AAPL) down 4.4% on 41.1 million shares
traded.
Apple ignited the personal computer revolution in the 1970s with
the Apple II and reinvented the personal computer in the 1980s with
the Macintosh. Today, Apple continues to lead the industry in
innovation with its award-winning computers, OS X operating system
and iLife and professional applications.
Bristol-Myers Squibb Company (NYSE: BMY) up 5.2% on 26.3 million
shares traded.
Bristol-Myers Squibb is a global pharmaceutical and related
health care products company whose mission is to extend and enhance
human life.
Market Commentary:
"Oil prices fell to their lowest level in more than a year
Monday before rebounding to just above $63 a barrel as growing
evidence of a global economic slowdown had investors betting on a
further drop in energy demand," stated Sonja Rudd in Wall Street
News Alert's daily commentary continued at:
http://www.WallStreetNewsAlert.com.
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Clean Tech Biofuels (CE) (USOTC:CLTH)
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