WESTON, FL -- (Marketwire) -- 01/04/11 -- Wall Street News Alert's "stocks to watch" this morning are: MC Endeavors, Inc. (PINKSHEETS: MSMY), GE (NYSE: GE), Ford Motor Company (NYSE: F) and Caterpillar Inc. (NYSE: CAT).
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This morning, MC Endeavors, Inc. (PINKSHEETS: MSMY) issued a press release announcing that its subsidiary CENTIUUM Holdings Inc. has signed an agreement with GUNHOO E&C to manufacture and install construction supervision offices for their project sites throughout South Korea and Asia. GUNHOO Engineers and Constructors is headquartered in the City of Incheon and designs and builds housing complexes, manufacturing facilities, logistics centers, and overseas plants.
Richard Sohn, COO of MC Endeavors and CENTIUUM Asia, stated, "Our Freedom Building System technology of factory built laminated steel wall panel modules, roof trusses and floor joist assemblies meets the requirement of the client to be able to build new construction site offices for their projects in a matter of days instead of months."
Jerry Kammerer, CTO of MC Endeavors and CENTIUUM Asia, emphasized that, "The rectangular buildings are virtually the same design at each project site so the building modules can be prebuilt in the factory and stored in our warehouse for quick shipment to any new construction site. The exterior wall assemblies are unloaded off the truck and can be erected in place on the same day. The first order is for 100 units of the 400 sq. meter Type-A Construction Office Buildings at a cost of $24M US."
The stock closed yesterday at Twenty cents a share.
GE (NYSE: GE) down 0.05% on 52.8 million shares traded.
GE is a diversified infrastructure, finance and media company taking on the world's toughest challenges.
Ford Motor Company (NYSE: F) up 2.7% on 70.7 million shares traded.
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents.
Caterpillar Inc. (NYSE: CAT) up 0.5% on 5.2 million shares traded.
Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines.
The number of consumers who filed for bankruptcy protection rose 9 percent in 2010, totaling just over 1.53 million in 2010, up from 1.41 million in 2009, according to the American Bankruptcy Institute, citing data from the National Bankruptcy Research Center.
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