Naftogaz Ukrainy has apparently released a statement admitting that a 'dire economic situation' means that the company is struggling to pay its October gas bill.  The Moscow Times reports however that Ukrainian Energy Minister Yury Prodan has assured Russia that it will pay its $470 million bill on time - although there are hints that it will have to borrow the money - possibly from Moscow.  According to Reuters, the new gas deal between Polish and Russian companies will be approved within weeks.  Total and Statoil have both recorded a steep decline in third-quarter profits.  Lukoil will expand its trading business in the Asian zone, especially in naphtha and fuel oil, in the first six months of 2010.  A factbox on the buying and selling of European refineries here.  Gazprom has apparently made a ...

WPCS International Incorporated (Nasdaq: WPCS), a leader in design-build engineering services for communications infrastructure, has announced that it has received approximately $8 million in new contracts. The new contracts include projects to be completed for the Federal Bureau of Investigation (FBI), Drug Enforcement Administration (DEA), University of California Berkeley, Las Positas College Child Development Center, Kaiser Permanente, Avaya, Manatee County, USF Sun Dome, Cape May Police Department, Bergen County Police Department, City of Charleston Police Department, Brick-Community First Aid, Wayne Township, Riverside Medical, Center for Urban Waters and the National Oceanic and Atmospheric Administration. In addition, WPCS was awarded several contracts in Australia including projects for McDonald’s, Fila, Westpac and Rockhampton Medical.

ClickSoftware Technologies Ltd. (NasdaqGS: CKSW), the leading provider of mobile workforce management and service optimization solutions, announced today that it has successfully implemented ClickSoftware’s ServiceOptimization Suite at Partner Communications Company, a leading Israeli communications operator, to effectively manage their

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PennyOmega.com Hot Stock News & Alerts!

PennyOmega.com Announces Day Daily Stock Watch – AQNM, NVNC, ZENG

 

Monday August 10, 2009

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PennyOmega.com Announces Day Daily Stock Watch – AQNM, NVNC, ZENG

Las Vegas, NV - (WORLD STOCK WIRE) - August 10, 2009 — Penny Omega tracks stocks daily and is pleased to offer its hot stock alerts. Investors can receive FREE Stock Alerts by visiting PennyOmega.com at the following link: http://www.PennyOmega.com.

Today’s alerts include: Aquentium (OTCBB: AQNM), Novo Energies Corporation (OTCBB: NVNC), and Zenergy International Inc.. (OTC: ZENG).

About Aquentium - (Recent Price: .13)

Aquentium announced today that the company expects to open an office in Seoul South Korea within the next 30 days. The office

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DrStockPick.com Stock Report!

Monday August 10, 2009

PennyOmega.com Announces Day Daily Stock Watch

– AQNM, NVNC, ZENG-

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Las Vegas, NV - (WORLD STOCK WIRE) - August 10, 2009 — Penny Omega tracks stocks daily and is pleased to offer its hot stock alerts. Investors can receive FREE Stock Alerts by visiting PennyOmega.com at the following link: http://www.PennyOmega.com.

Today’s alerts include: Aquentium (OTCBB: AQNM), Novo Energies Corporation (OTCBB: NVNC), and Zenergy International Inc.. (OTC: ZENG).

About Aquentium - (Recent Price: .13)

Aquentium announced today that the company expects to open an office in Seoul South Korea within the next 30 days. The office in Seoul South Korea will be used for the development of waste-to-energy plants throughout the country.

Aquentium has already begun

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Most people think of warrants as being associated primarily with micro/nano cap i.e. junior gold and silver mining companies but that is not entirely the case. Of the 35 companies offering warrants of 24 or more months duration (of which there are 47 in total) 6 are large-cap commodity based companies (2 gold mining companies; 2 royalty companies; 1 oil and gas company; and 1 molybdenum miner). Below is a description of each of these companies and the performance of their stock and associated warrants week-ending July 10th.

Silver Wheaton Corp. (SLW) is a silver focused royalty company with nine long-term purchase agreements with companies in Mexico, Sweden, Peru, Portugal, Greece, USA and Canada to purchase a fixed percentage of their silver production at contracted prices for the life of the mines involved.

Blackmont Capital analyst Richard Gray has called Silver Wheaton’s May 2009 $243-million acquisition of smaller rival Silverstone …

ZAGG Up 662%, LLFH Up 243%, LPIH Up 423%, and WEMU Up 61%

ORLANDO, Fla., June 17, 2009 (GLOBE NEWSWIRE) — RedChip Companies, Inc. (http://www.RedChip.com) announced today the top-performing stocks listed under RedChip coverage. RedChip’s “Top Picks” — stocks rated Buy or Strong Buy — which have the highest returns over the last three to six months include ZAGG Inc.; L & L International, Inc.; Longwei Petroleum Investment Holding, Inc.; and Worldwide Energy and Manufacturing USA, Inc.

ZAGG is up 662% since March 2, 2009; L & L is up 243% since April 15, 2009; Longwei Petroleum is up 423% since January 2, 2009; and Worldwide Energy and Manufacturing is up 61% since March 2, 2009. (Based on prices at market close on June 10, 2009.)

Profiles of RedChip’s top-performing stocks are as follows:

ZAGG Inc. (OTCBB:ZAGG) has reported double-digit revenue and earnings growth for the first quarter 2009. The

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The following two charts (and the comments in between them) are part of a very interesting article by James Hamilton. The collapse in oil prices last fall acted as a key economic stabilizer and helped ameliorate the economic decline. It showed up in two key places. The first was in the trade deficit numbers, which have shown a very dramatic improvement over the last year (see here and here). The other place it showed up was in retail sales, since a dollar spent at the gas pump is a dollar that can not be spent elsewhere. Since last Christmas, prices at the pump have climbed sharply, as shown in the first graph. While prices are still far below the levels of a year ago, the current levels are high enough to start hurting, especially those who have seen their incomes drop due to the ...

Often after a sharp economic downturn we observe an equally dramatic recovery. But nobody can claim to be seeing that so far in the currently available data.

Since the beginning of April, we've been discussing one potentially favorable indicator in the form of new claims for unemployment insurance. In each of the last 6 recessions, the 4-week average of this series reached a peak less than 8 weeks before the economic recovery began. None of the readings over the last 8 weeks exceeded the value reached April 9, consistent with the hypothesis that we are past the peak in new claims for this cycle.

Black line: 4-week average of seasonally adjusted weekly initial claims for unemployment insurance, from Department of Labor via Webstract. Shaded areas correspond to recessions as judged by the National Bureau of Economic Research.

On the

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USA, General Motors and the state of California all to go Bankrupt

As GM goes… so goes America…

Uh oh…

Stocks rose yesterday; the Dow went up 50 points. The bear market rally is still on. Oil touched the $60 mark… a sure sign, say analysts, that the global economy is picking up. And the dollar fell further… to $1.36 per euro. Gold held steady, at $912 an ounce.

While most stocks advanced yesterday, General Motors (NYSE:GM) backed up.

The experts say the company is going broke. “Chapter 11 looms,” says a Bloomberg report. Investors sold the stock down to $1.15 – a price GM hasn’t seen in more than 70 years. At that price you can buy the whole company for $700 million. Peanuts. Some fund managers earn that much in a single year.

Meanwhile, the USA follows the same downward slide as GM. Both are dogged by high debts, high costs and low

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New Generation Biofuels Holdings, Inc. announced today before the opening bell that it is has signed a sales contract with Catoctin Mountain Growers, Inc. of Keymar, Maryland to supply up to 370,000 gallons of renewable biofuel annually.

“We are delighted to be supplying a proactive and environmentally aware company like Catoctin Mountain Growers with our biofuel, which provides a lower carbon footprint and is 100 percent renewable,” commented Cary Claiborne, CEO and CFO of New Generation Biofuels. “In a test completed on one of Catoctin’s Cleaver-Brooks boilers, our biofuel demonstrated air pollution reductions of more than 45% in nitrogen oxides (NOx) and the virtual elimination of sulfur dioxide (SO2) when compared to low-sulfur fuel oil.”

He continued, “In addition, the renewable biofuel burned successfully with only minor tuning to the customer’s equipment. Steps like these, when replicated across the country, will help lower the net emission of greenhouse gases in the

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