NLC Nalco Holding Company Common Stock

Wall Street News Alert's "stocks to watch" this morning are: Navajo Wind Energy Corp. (PINKSHEETS: CLBN), Thomas & Betts Corporation (NYSE: TNB), Nalco Holding Company (NYSE: NLC) and DryShips Inc. (NASDAQ: DRYS).

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There is important news just released, and Navajo Wind Energy Corp. (formerly Caliber Energy Inc.) (PINKSHEETS: CLBN) should have the attention of investors and traders this morning. Yesterday after the markets closed, the company, a renewable energy company focused on creating electricity from the power of wind, issued a press release announcing that it has acquired Guangzhou Jianianxiang Co. Ltd. ("GJCL"), a Chinese wind farm and power trading company.

This should be great news for the company, as the press release states that this strategic acquisition is expected to give the Company a comparative advantage in developing its wind power generating facilities in China. GJCL, originally an electrical engineering firm, has evolved to focus on the wind power generation industry over the last four years. During this time, GJCL has honed their expertise and established relationships with wind turbine manufacturers, property leasing companies, installation contractors, power distribution organizations, government authorities and is licensed to trade electrical power in and out of China. The key alliance with GJCL will allow the Company to accelerate the development and expansion of its wind farm facilities in China and evaluate viable new opportunities throughout the Asian Pacific Rim and abroad.

Investors are urged to monitor the progress of the company!

The stock closed yesterday at around Two cents a share.

For an in-depth profile of Navajo Wind Energy, visit http://www.wallstreetnewsalert.com/HotStocks/CLBN020309/default.aspx.

Thomas & Betts Corporation (NYSE: TNB) up 15.8% on 2.6 million shares traded.

Thomas & Betts Corporation is a leading designer and manufacturer of electrical components used in industrial, commercial, communications and utility markets.

Nalco Holding Company (NYSE: NLC) up 17.3% on 3.5 million shares traded.

Nalco is one of the world's leading water treatment and process improvement Companies, delivering significant environmental, social and economic performance benefits to our customers.

DryShips Inc. (NASDAQ: DRYS) up 17.5% on 34 million shares traded.

DryShips Inc., based in Greece, is an owner and operator of dry bulk carriers that operate worldwide.

Market Commentary:

The ISM's non-manufacturing index rose to 42.9% last month from 40.1% in December.

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