Wall Street News Alert's "stocks to watch" this morning are:
NewMarket Technology, Inc. (PINKSHEETS: NWMT), American
International Group, Inc. (NYSE: AIG), AT&T Inc. (NYSE: T) and
Sepracor Inc. (NASDAQ: SEPR).
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There has been a lot of positive news coming from NewMarket
Technology, Inc. (PINKSHEETS: NWMT) over the past week. On Tuesday,
the company reported that it anticipates continued revenue growth
to as much as double current annual revenue in 2010, and followed a
previous announcement last week that it had signed its second major
outsourcing agreement signed this year -- a three-year, $33 Million
agreement in South America. Now NewMarket Technology is honored by
Deloitte-Sponsored Tech Titans Fast Tech Award for growth over $95
Million.
Yesterday after the markets closed, the company issued a press
release announcing that it has made the 2009 Tech Titans Fast Tech
Five-Year Listing by the Metroplex Technology Business Council
(MTBC), the largest technology trade organization in Texas. The
Tech Titans Fast Tech Award sponsored by Deloitte annually
recognizes the fastest-growing technology companies in the DFW
Metroplex, based on percentage of revenue growth during five-year
or one-year periods.
The ranking of the 2009 five-year and one-year list was
announced at the annual Tech Titans Fast Tech Awards Gala Event on
Aug. 28, 2009 at the Renaissance Hotel Dallas-Richardson in
Richardson, Texas. As a winner in the five-year growth category,
NewMarket Technology is eligible for the Deloitte Technology Fast
500, which recognizes the 500 fastest-growing technology companies
in the U.S. and Canada.
This is the sixth year in a row NewMarket has been honored by
the MTBC with this prestigious ranking. NewMarket has gone on to
make the Deloitte Technology Fast 500 as well for the past five
years. The Deloitte Technology Fast 500 list for 2009 is scheduled
to be announced later this year.
In 2006, NewMarket ranked number one in Texas, number three in
the United States and number five in North America on the Deloitte
Technology Fast 500. NewMarket has grown from less than $1 million
in revenue in 2001 to over $95 million in revenue in 2008.
The stock closed yesterday at Forty Eight cents a share.
For a previous, in-depth profile of NewMarket Technology, visit
http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=NWMT_090209.
American International Group, Inc. (NYSE: AIG) up 5.4% on 99.3
million shares traded.
American International Group, Inc. is a world leader in
insurance and financial services, is the leading international
insurance organization with operations in more than 130 countries
and jurisdictions.
AT&T Inc. (NYSE: T) up 0.03% on 29.2 million shares
traded.
AT&T Inc. is a premier communications holding company.
Sepracor Inc. (NASDAQ: SEPR) up 26.4% on 16 million shares
traded.
Sepracor Inc. is a research-based pharmaceutical company
dedicated to treating and preventing human disease by discovering,
developing and commercializing innovative pharmaceutical products
that are directed toward serving large and growing markets and
unmet medical needs.
Market Commentary:
An Energy Department report showing a drop in crude and gasoline
supplies didn't send oil prices higher on Wednesday, as Benchmark
crude for October delivery closed where it began at $68.05 a barrel
on the New York Mercantile Exchange. The contract lost $1.91 on
Tuesday.
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