WESTON, FL -- (Marketwire) -- 07/14/10 -- Wall Street News Alert's "stocks to watch" this morning are: Unity Management Group Inc. (PINKSHEETS: UYMG), Google Inc. (NASDAQ: GOOG), AMD (NYSE: AMD) and Qualcomm Incorporated (NASDAQ: QCOM).
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This morning, Unity Management Group Inc. (PINKSHEETS: UYMG) issued a press release announcing it has entered into a negotiation for an acquisition that will increase its revenue and assets.
Unity is in a due diligence stage of acquiring a healthcare related company. In the coming week we will be updating share holders with financials and corporate information of the target company. UMGI management feels that this can be a perfect fit and the company is fully funded.
The funding requirements for the acquisition have been obtained. Further information will be released in the next 7 business days.
Unity Management Group Inc. is also proud to announce that it has completed its disclosure statement, and legal opinion in respect that these are the listing documents that are necessary to obtain current status on the OTC markets. We foresee us receiving our PS status by Friday.
"We are proud to announce these extremely important current events. As previously mentioned this is a milestone for UMGI, and the company is working diligently to complete this acquisition, we will be announcing the outcome of these events within the next couple of business days. As always the company would like to thank its past present and future investors," said Michael Oliver, Vice President.
The stock closed yesterday at around two cents a share.
Google Inc. (NASDAQ: GOOG) as of 10:15am EDT. down 0.26% on 808,000 shares traded. Google's innovative search technologies connect millions of people around the world with information every day.
AMD (NYSE: AMD) as of 10:15am EDT up 1.8% on 13.8 million shares traded.
Advanced Micro Devices is an innovative technology company dedicated to collaborating with customers and technology partners to ignite the next generation of computing and graphics solutions at work, home and play.
Qualcomm Incorporated (NASDAQ: QCOM) as of 10:15am EDT up 1.4% on 5.9 million shares traded. Qualcomm Incorporated is the world leader in next-generation mobile technologies.
Benchmark crude for August delivery was down 38 cents to $76.77 a barrel at midday London time in electronic trading on the New York Mercantile Exchange. On Tuesday the contract gained $2.20 to settle at $77.15.
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