WESTON, FL , Johnson & Johnson (NYSE: JNJ), Intel Corp.
(NASDAQ: INTC) and State Street Corporation (NYSE: STT).
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Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI), which recently
began trading, is continuing its string of positive news, and
investors should be watching the stock closely. Yesterday after the
markets closed, the company, a distributor of U.S. staple foods to
China, issued a press release announcing a distribution agreement
with Eden Foods, Inc. to distribute its products in China.
More good news for GDHI investors! Mr. Yglesias, CEO, stated,
"The organic food market in China is a newly developing niche with
the growing middle and upper class; we plan to be the leaders of
imported organic food products in China, and with the help of Eden
Foods we see no boundaries."
Eden Foods began as a natural food cooperative in Ann Arbor,
Mich., in 1968. At the time there was virtually no organic farming
on a commercial scale. Farmers at that time did not grow without
the use of pesticides, herbicides, fungicides or chemical
fertilizers. Eden Foods slowly developed a network of family farms,
suppliers and businesses that grew grain, soy foods, sea vegetables
and vegetable oil organically. The small co-op grew into a retail
store and the Eden brand was born. Today Eden is the oldest natural
food company in North America, and the largest independent
manufacturer of 'dry grocery' organic foods.
Last week the company reported that it had signed a commercial
shipping and logistic contract with CMA CGM Group. The press
release states that a world leader in container shipping, ranking
first in France and third worldwide, CMA CGM has become an
international operator serving maritime shipping routes around the
world with door-to-door services that combine maritime shipping
with rail, river and highway transport.
Also last week, the company announced that it has reached a
distribution agreement with USA food giant Goya Foods, Inc. to
distribute the Goya products in China. Mr. Yglesias, CEO, stated,
"Today marks a milestone in our corporate history as we have come
to final agreement with Goya Foods to distribute their products in
China. For nearly a century Goya has been producing and
distributing high quality food products to the U.S. and the Latin
America markets. Goya was ranked amongst one of the USA's biggest
companies by Forbes."
Investors are urged to monitor the progress of Golden Dragon
Holdings! On July 1st the company reported that its shares are
publicly trading, and that the company is pursuing growth
opportunities in the high demand of U.S. staple foods in China.
According to that press release, China is now the 4th largest food
importer in the world (after the EU, USA, and Japan), expected to
be number 2 by 2020, and the 4th largest market for U.S.
agricultural exports (after Canada, Mexico, and Japan).
The stock closed Monday at Twelve cents a share.
For an in-depth profile of Golden Dragon Holdings, visit
http://www.WallStreetNewsAlert.com/HotStocks/GDHI071408/default.aspx.
Johnson & Johnson (NYSE: JNJ) up 0.2% on 11.1 million shares
traded.
Johnson & Johnson is the world's most comprehensive and
broadly based manufacturer of health care products, as well as a
provider of related services, for the consumer, pharmaceutical, and
medical devices and diagnostics markets.
Intel Corp. (NASDAQ: INTC) down 0.8% on 49 million shares
traded.
Intel, the world leader in silicon innovation, develops
technologies, products and initiatives to continually advance how
people work and live.
State Street Corporation (NYSE: STT) down 6.4% on 8.6 million
shares traded.
State Street Corporation is the world's leading provider of
financial services to institutional investors including investment
servicing, investment management and investment research and
trading.
Market Commentary:
"At the gas pump, prices hit a new U.S. record just a tenth of a
penny shy of $4.11 a gallon, according to auto club AAA, the Oil
Price Information Service and Wright Express," stated Sonja Rudd in
Wall Street News Alert's daily commentary continued at:
http://www.WallStreetNewsAlert.com.
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