Wall Street News Alert Issues Special Alert on CTTD! January 31, 2007
2 February 2007
Wall Street News Alert's "stocks to watch" this morning are: CO2 Tech Ltd (PINKSHEETS: CTTD), Noble Energy Incorporated (NYSE: NBL), TODCO (NYSE: THE) and Illinois Tool Works Inc (NYSE: ITW).
We hope you were paying attention yesterday morning when we told you to watch CO2 Tech Ltd (PINKSHEETS: CTTD) as Wall Street News Alert initiated coverage of the company after it announced the successful completion of the reverse merger with China Energy & Carbon Black Holdings, Inc. ("China Energy"), in which CO2 Tech Ltd. acquired 100% of China Energy. The stock traded over 12 million shares, was up over 80% and closed at over $1.60.
Now company is at again with another press release. The company, a UK-based provider of cutting-edge, anti-global warming technology solutions, issued a press release Tuesday after the markets closed, announcing that it will join Boeing's global commitment to support anti-global warming activities and other environment efforts.
Boeing, world's leading aerospace company and largest manufacturer of commercial jetliners and military aircraft, continuously invests in technologies and cooperative partnerships that will help ensure a safe and habitable global environment for the future. Boeing's interest has been captured by CO2 Tech's new solution to reduce polluting gases emitted from airplanes at high altitudes.
Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of CO2 Tech! CO2 Tech's new dispersion solution for high-altitude gaseous aircraft emissions is based on speed fluctuations. Exploiting the airplanes' speed, CO2's unique mechanism will compress and decompose the destructive gases before emission through a dedicated system. The company expects its new product to make a significant contribution to the aviation industry's need to reduce ecological contamination. "This new development, exploiting speed fluctuations at high altitude is part of our company's ongoing efforts to develop and offer our customers the most effective solutions to their carbon dioxide and pollutant reduction needs, and meshes well with Boeing's strong commitment to protect the global environment and reduce global warming," notes Ms. Helga Schotten, President of CO2 Tech.
CO2 Tech will proceed in the development of its innovative solution, which will be presented to Boeing upon completion of its development, so that Boeing may be the first aircraft manufacturer to implement the new anti-global warming system and successfully reduce air pollution from high-altitude emissions. Watch for a reaction to the news!
Prior to the latest press release, the stock closed Tuesday at $1.65 a share.
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For Wall Street News Alerts in-depth profile of CO2 Tech, visit http://www.thenewssvc.com/CTTD013007.html
In case you are not familiar with the company: CO2 Tech, a UK-based company, provides cutting-edge, sophisticated anti-global warming technologies along with a full range of expert consulting, and environmental products and services to businesses, industries and governments. CO2 Tech's innovative approach provides high quality, maintenance-friendly system solutions that offer cutting-edge technological developments and outstanding reliability.
The company offers its customers the benefits of its cutting-edge technological products, proprietary innovations and rich experience in industrial applications of control equipment, with petroleum, factories, mining, metals, boilers, glass, chemicals, woodworking, quarries, textiles and most other heavy industries. CO2 Tech fosters strong partnerships and alliances with leading environmental engineering companies and research institutions worldwide to develop, manufacture and market high-quality instruments, systems, and services for its clients.
Noble Energy, Inc. (NYSE: NBL) up 5% on 2 million shares traded. Noble Energy is one of the nation's leading independent energy companies.
TODCO (NYSE: THE) up 6.4% on 2.7 million shares traded. TODCO is one of the leading providers of contract oil and gas drilling services with the largest rig fleet in the shallow water of the U.S. Gulf of Mexico and along the U.S. Gulf Coast.
Illinois Tool Works Inc (NYSE: ITW) up 6.9% on 6.9 million shares traded. ITW is a $14.1 billion in revenues diversified manufacturer of highly engineered components and industrial systems and consumables.
Market Commentary:
"The Federal Reserve's FOMC, their rate-setting arm, is having a 2-day meeting. Most experts say that rates will remain the same, but are worried about the next meeting, six weeks from this week. Inflation risk is still there, most experts agree on this point," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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