WESTON, FL -- (Marketwire) -- 11/10/10 -- Wall Street News Alert's "stocks to watch" this morning are: RMD Technologies, Inc. (PINKSHEETS: RMDT), GE (NYSE: GE), LDK Solar Co. Ltd. (NYSE: LDK) and Ford Motor Company (NYSE: F).
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Yesterday after the markets closed, RMD Technologies, Inc. (PINKSHEETS: RMDT) issued a press release announcing that it has completed its first State of the Art Electric Utility Vehicle. Built with a robust 72 volt ADC Motor, controller and transaxle combination, the "UTE" (Utility Terrain Electric) has been specifically designed for years of durable performance. The UTE is the first electric vehicle built using a high percentage of recycled materials, primarily recycled electronic waste.
RMD Technologies continues to focus their resources on sourcing only the finest components available for its highly anticipated small electric vehicle. In 2007, RMDT commenced development of the alternative energy vehicle using a large percentage of materials recycled from electronic waste. The result is a cutting edge design that incorporates recycled materials, while utilizing clean electric energy and available with supplemental solar power. RMD Technologies' foremost objective has been to optimize sustainability on every facet of this revolutionary project.
"We are delighted that this vehicle has successfully been completed, and that we are evolving from the Research and Development stage allowing the launch into full scale production. Achieving this important milestone allows us to rapidly thrust from the R&D stage into an aggressive sales phase which will position us to begin filling orders soon," stated Patrick Galliher, CEO of RMD Technologies, Inc. He continued: "With the ability to utilize recycled electronic waste in the manufacture of the Utility Terrain Electric, we are able to keep the price extremely competitive, with a base price of only $9,995.00."
A recent report from ABI Research predicts that the market for recovering and recycling used electronics will reach $14.7 billion by 2015, nearly tripling in size. The report, "e-Waste Recovery and Recycling," says that the growth will occur largely through the ability of electronic recyclers to recover valuable materials from discarded computers and other electronics. The resulting vast market potential for the Company's revolutionary Utility Terrain Electric Vehicle is expected to provide RMD Technologies, Inc. with an infinite growth opportunity. To view the Company's electric vehicle, visit the Company's website at www.RMDT.com.
The stock closed yesterday at a Three a share.
GE (NYSE: GE) down 0.5% on 49.9 million shares traded.
GE is a diversified infrastructure, finance and media company taking on the world's toughest challenges.
LDK Solar Co Ltd (NYSE: LDK) up 3% on 15.7 million shares traded.
LDK Solar Co., Ltd. is a leading vertically integrated manufacturer of photovoltaic (PV) products and the world's largest producer of multicrystalline wafers.
Ford Motor Company (NYSE: F) down 2% on 133.7 million shares traded.
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents.
Gold crossed $1,400 an ounce to another record on Monday as traders looked for safe places to park money. Gold gained 0.4 percent to settle at $1,403.20 an ounce, its latest record, and silver jumped 2.6 percent to $27.432 an ounce.
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