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Monday September 28, 2009
DrStockPick.com Stock Report!
China Crescent Enterprises, Inc. (OTCBB: CCTR) plans to release an exclusive Webcast on its corporate website tomorrow, September 29th. The Webcast agenda features details on recently announced plans to increase the Company’s 2009 revenue forecast following the completion of its upcoming 3rd quarter financial report. With $45 million in recently announced outsourcing contracts or pending contracts, the Company is on track to achieve its previously forecasted $50 million in profitable revenue for 2009. The Company has reported approximately $40 million in annual revenue for the previous two years and has previously discussed a $0.30 suggested fair value target price per share.
Pratt & Whitney Rocketdyne has been awarded a 10-month contract by Lockheed Martin for preliminary design of the high speed accelerator for a turbine-based combined-cycle (TBCC) propulsion system, which could support flight up to Mach 6. Pratt & Whitney Rocketdyne is a unit of United Technologies Corp. (NYSE: UTX).
Delta Air Lines (NYSE: DAL) will kick off its fifth year of support for The Breast Cancer Research Foundation (BCRF) Sept. 29 by lighting the New York-JFK air traffic control tower in pink and honoring breast cancer survivors with a live in-flight performance by Hard Rock International PINKTOBER(TM) Ambassador Melissa Etheridge.
Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) is pleased to announce the start of our previously announced Stock Buy Back Plan on Monday, September 28, 2009. The company was delayed for a few days because our primary bank could not open a securities trading account for Quasar in a timely basis. Fortunately Deutsche Bank in San Francisco and NYC came to our rescue. We received final approval on Thursday afternoon and will be starting today.
W2 Energy (Pinksheets: WTWO) is pleased to announce it has begun construction on the first phase of its Sunfilter Algae Reactor plant, for its own Algae to Diesel plant announced on Aug 13, 2009
Mention hotels and most people think of beds, but a comfortable chair or sofa to relax upon are also important to guests’ satisfaction. Building on their company’s forty years of experience, Kimball Hospitality, a unit of Kimball International, Inc. (NASDAQ: KBALB), expanded its already strongly-positioned brand with the unveiling of its new upholstered seating offerings. The extensive seating capability was introduced to the market at the Miami Hospitality Design Show, held September 14th-15th. The seating products shown represent the latest trends in hospitality style and provide a sampling of Kimball’s broad capability enabling designers and property owners to customize or personalize their seating needs. Kimball Hospitality, known for bringing distinctive furniture solutions to life, is a leading global supplier specializing in proprietary and custom-designed furnishings for the hotel, casino, and resort industries.
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