CLNE Clean Energy Fuels Corp

Wall Street News Alert's "stocks to watch" this morning are: Southridge Enterprises, Inc. (OTCBB: SRDG), GE (NYSE: GE), Clean Energy Fuels Corp. (NASDAQ: CLNE) and Hess Corporation (NYSE: HES).

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There is important breaking news coming from Southridge Enterprises, Inc. (OTCBB: SRDG), investors are urged to continue monitor the stock closely this morning! Yesterday after the markets closed, the company issued a press release announcing that Southridge Ethanol, Inc., its wholly owned subsidiary, has signed a letter of intent ("LOI") to acquire an ethanol plant from Bronsiacco Industrial Ltd.

More great news for SRDG! "The opportunity to acquire this plant has given Southridge a tremendous advantage to be a large producer of ethanol in Brazil. By purchasing an existing plant, we will be able to produce 50 million gallons per year (MMGY) by May 10, 2009. With this asset on our balance sheet, we have once again shown our ability to build shareholder value," stated Ken Milken, President of Southridge Ethanol, Inc.

To close this acquisition, Southridge will use the proceeds of an equity financing from an Asian-based investment transaction nearing completion. The purchase is expected to close in 30 days, subject to certain conditions, including but not limited to completion of satisfactory due diligence by the Company, the negotiation and completion of a definitive acquisition agreement, approval of the Company and Bronsiacco Industrial Ltd. boards of directors and other customary conditions.

Investors are urged to continue to monitor the progress of the company!

The stock closed yesterday at around Four cents a share.

For a recent Wall Street News Alert's in-depth profile of Southridge Enterprises, visit http://www.WallStreetNewsAlert.com/HotStocks/SRDG100708/default.aspx.

GE (NYSE: GE) up 5% on 158 million shares traded.

GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.

Chevron Corporation (NYSE: CVX) down 0.3% on 14.6 million shares traded.

Chevron Corporation is one of the world's leading integrated energy companies, with subsidiaries that conduct business.

Clean Energy Fuels Corp. (NASDAQ: CLNE) down 7.3% 853,000 shares traded.

Clean Energy is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 14,000 vehicles daily at more than 170 strategic locations across the United States and Canada.

Hess Corporation (NYSE: HES) down 15.1% on 8.4 million shares traded.

Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products.

Market Commentary:

"Markets around the world were mixed on Tuesday as banking stocks took another beating despite the U.S. Federal Reserve's announcement that it is to buy massive amounts of short-term debt in an attempt to unblock tight credit markets," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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