ME Mariner Energy Inc.

Stock Market Alerts' performance stock list includes: China America Holdings (OTCBB: CAAH), GE (NYSE: GE), Bank of America Corp. (NYSE: BAC) and Mariner Energy, Inc. (NYSE: ME).

Today, China America Holdings (OTCBB: CAAH) has issued a press release announcing that its 56% owned China based subsidiary Shanghai AoHong Chemical Co., Ltd. ("Shanghai Aohong") has begun test run production at its newly constructed chemical production facility in Tianjin.

The newly constructed facility is located in Tianjin, approximately 70 miles north of Beijing. The facility is expected to produce approximately 8,000 tons of a mixture of refrigerant chemicals per year, virtually doubling Shanghai Aohong's total annual capacity. At today's prices, management estimates the facility is capable of generating annual revenue of approximately U.S. $22 million.

As previously reported, Shanghai Aohong's business improved substantially in its first fiscal quarter of 2010, ended December 31, 2009. This was due in part to an overall improvement in the Chinese economy as well as management's aggressive pricing strategy as it sought to gain additional customers in fiscal 2009. As the business climate returns to more normalized levels, management believes it will lead to an expanded customer base and stronger growth in the future. Management also believes its expansion into Northern China through the start of operations in Tianjin will significantly improve its overall financial performance in the second half of fiscal 2010.

Commenting on the start of production testing, Mr. Shaoyin Wang, CEO of China America Holdings, commented, "We are excited to begin this business expansion into Northern China as we now look to focus on growing our operations in an improving economic environment. Our Tianjin facility is expected to virtually double our production capacity and provide us with a platform to service the Beijing area. As we see continued improvement in our business segment we intend to aggressively seek to expand through our marketing efforts as well as to seek potential acquisition opportunities to further our growth in the coming years."

The stock closed yesterday at a Four a share.

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GE (NYSE: GE) as of 12:30 pm EDT up 1% on 58.7 million shares traded. GE is a diversified infrastructure, finance and media company taking on the world's toughest challenges. From aircraft engines and power generation to financial services, medical imaging, and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide.

Bank of America Corp. (NYSE: BAC) as of 12:30 pm EDT up 0.4% on 143.4 million shares traded. Bank of America is one of the world's largest financial institutions.

Mariner Energy, Inc. (NYSE: ME) as of 12:30 pm EDT up 40.8% on 52.8 million shares traded. Mariner Energy, Inc. Mariner Energy is an independent oil and gas exploration, development, and production company headquartered in Houston, Texas, with principal operations in the Permian Basin, Gulf Coast and the Gulf of Mexico.

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