Wall Street News Alert's "stocks to watch" thismorning are: W2 Energy Inc. (OTC: WWEN), Halliburton (NYSE: HAL), ExxonMobil Corporation (NYSE: XOM), & General Electric Company (NYSE: GE).
Once again, W2 Energy Inc. (OTC: WWEN) may be a target of aggressiveinvestors and day traders this morning! Yesterday, the company, a developerof green energy, issued a press release providing a corporate update.
The update may get the attention of investors! According to the update, forthe better part of last year, the company was completing its restructuringplan to provide a strong platform for growth. During that time thecorporate officers were busily building strategic alliances andpartnerships that would be the foundation for the company becoming amultinational corporation.
Continue to watch this company! The press release states that the companyhas built several solid relationships with other multinational companiessuch as Aker Kvaerner http://www.akerkvaerner.com who will provide theirvast engineering experience to construct the biomass to diesel/electricityplants. Furthermore, as the company continues down the path of bringing tocommercialization this unparalleled technology it will continue to receiveletters of request for production quantities as well as governmentofficials appealing for plants to be commissioned in their area.
Wall Street News Alert is placing aggressive investors on alert to monitorthe progress of W2 Energy! The company develops renewable energytechnologies and applies it to new generation power systems. Specifically,W2 Energy Inc.'s biomass to energy plants utilize state of the arttechnologies to produce green energy both fuel (sulfur free diesel) andelectricity at the most efficient cost in capital investment and productionper/barrel, per/Megawatt.
The W2 Energy GAT reactor breaks down biomass or coal using the chemicalenergy stored in the biomass itself, the plasma acts as a high temperaturecatalyst. Unlike typical plasma reactors that utilize convection of theintense heat produced by the plasma, the GAT reactor can amazingly produceenough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic dieselplant and 100 Megawatt steam turbine with a mere 4 MW input. Since thecompany's unique process works in this manner most if not at all the CO2produced by the process is converted into Carbon suboxides in the form ofhumic acid and is mixed within the ash to produce high grade organicfertilizer. Therefore the process is completely C02 neutral even using coalor peat as base fuel.
The stock closed yesterday at around Twenty cents a share.
For an in-depth profile of W2 Energy, visithttp://www.thenewssvc.com/WWEN051606.html
To view all of Wall Street News Alert's special early morning tradingalerts for this morning, visit www.WallStreetNewsAlert.com, where you mayalso sign up to receive free email alerts in advance of our press releasesbeing issued.
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Halliburton (NYSE: HAL) down 0.3% on 6.1 million shares traded.
Halliburton is one of the largest providers of products and services to thepetroleum and energy industries.
Exxon Mobil Corporation (NYSE: XOM) down 0.06% on 13.4 million sharestraded.
Exxon Mobil Corporation is an international energy company whosesubsidiaries have operations in many countries and territories.
General Electric Company (NYSE: GE) up 0.6% on 22.5 million shares traded.
General Electric is a diversified technology, media and financial servicescompany.
Commentary:
"The core inflation rate, the PPI or Producer Price Index, which excludesfood or energy, rose at a milder rate of only 0.1% for the second month ina row for April. This, some experts say, is good as it means that theincreased prices in energy have not lead to a surging increase in otherareas of the economy. Of course this is just a mild hit on the wallet, butevery time you fill-up the car or pay for goods or services requiringdelivery of goods or services, energy is at the core. Oil remained at justunder $70 per barrel and gold was up by $2 per ounce to trade at $687 inthe morning trading hours," stated Sonja Rudd in Wall Street News Alert'sdaily commentary continued at: http://www.WallStreetNewsAlert.com.
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