Enter your Email Address


Useful Links

Know What The Insiders Are Doing!
Stock Trading Software

More Links




[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




American Lorain Corporation (ALN) Issues New Guidance for 2010 and Reaffirms Guidance for 2009

QualityStocks (November 20th, 2009) Writes:

American Lorain is a major processed food company that sells chestnuts, convenience foods, and canned, frozen and bulk food products both to domestic and international customers through their four subsidiaries. American Lorain has garnered global recognition by selling over 234 products to 26 provinces and administrative regions in not only China but 42 foreign countries.

While business at American Lorain has been solid despite trying economic conditions faced throughout the globe, the future looks ever brighter for the young company with yesterday’s announcement. Yesterday, it was reported that the company’s management reaffirmed guidance for the current fiscal year and went so far as to issue new guidance for the next fiscal year ending December 31, 2010.

Leading the way at American Lorain is Mr. Si Chen who serves as their Chairman and CEO. Chen founded Shandong Lorain, the first subsidiary of Lorain Group Company, in 1994, and served as the

...

American Lorain Corp. (ALRC.OB) to Begin Trading on NYSE Amex Next Week

QualityStocks (September 4th, 2009) Writes:

American Lorain Corp., an international processed foods company based in Shandong Province, People’s Republic of China, announced that it has received authorization to list its common stock on the NYSE Amex Exchange and will begin trading on Tuesday, September 8, 2009 under the ticker symbol “ALN.”

“Moving from the OTC BB to NYSE Amex is a major milestone for American Lorain, as we strive to improve liquidity and transparency for our shareholders. Trading on NYSE Amex is also an important endorsement of the Company as a major player in the food processing industry in China and helps us build credibility with our customers worldwide,” stated Mr. Si Chen, CEO and Chairman of American Lorain.

He continued, “We are excited and honored to join the NYSE Amex group of companies and expect to attract additional interest from the investment community following our listing on this senior exchange. We wish to thank

...

American Lorain Corp. (ALRC.OB) Increases Number of Sales Agents to 300; Network Now Covers 26 Chinese Provinces

QualityStocks (June 3rd, 2009) Writes:

American Lorain Corporation, an international processed foods company that sells over 234 products in China and 42 foreign countries, recently announced that the company now has a total of 300 agents in 26 provinces in China. Over the past five months, American Lorain has been transitioning sales away from its direct sales force to agents, and has now increased the company’s distribution network from 19 provinces in China to 26 provinces.

American Lorain has signed 300 agents as of May 2009, allowing the company to reach more than 2,000 supermarkets, including more than 130 large-scale supermarkets and roughly 1,900 small- and medium-sized supermarkets. The new distribution channels also include international stores, such as 25 Wal-Mart stores and 24 Carrefour stores. The company’s products include chestnuts, convenience foods, frozen foods, canned foods and bulk foods.

Si Chen, chairman and chief executive officer of American Lorain, stated, “We are extremely pleased with our

...

Newsletter

No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.