SOURCE: Wall Street News Alert

Wall Street News Alert

September 04, 2008 10:20 ET

Wall Street News Alert: MOVERS & SHAKERS for Thursday's Stock Market! September 4, 2008

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - September 4, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Welwind Energy International Corp. (OTCBB: WWEI), Apple Inc. (NASDAQ: AAPL), Valero Energy Corporation (NYSE: VLO) and Microsoft (NASDAQ: MSFT).

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There is major breaking news coming from Welwind Energy International Corp. (OTCBB: WWEI), and investors are urged to monitor the stock closely this morning! This morning, the company issued a press release announcing that it has successfully signed a binding joint venture partnership for a 49% interest in a wind farm project owned by Ningxia Electric Power Corp. (NEP).

Great news for the company! 'A La Shan Zuo Qi Windfarm Ltd.' (project company of NEP) is a 49.5 MW wind farm, expandable to 400 MW. The partnership will give Welwind a 49% interest in the entire project. Welwind will provide the debt financing for the project and also provide technical support along with turbine equipment manufacturing and construction. NEP has a signed Power Purchase Agreement (PPA price: 0.08 cents USD/KWH) dated August 5, 2008 from the Neimeng Provincial Development and Planning Commission.

Ningxia Electric Power Group was established in June of 2003. The company is a large-scale group holding by Ningxia Hui Autonomous Region Government. The company's primary focus is the development and construction of thermal power generation, wind power, wind turbines, and an involvement in the coal chemical industry. According to the release, by the end of 2006, Ningxia Electric Power Group assets totaled 6.2 billion Yuan ($906 Million USD), and sales revenues were above 2 billion Yuan ($300 Million USD). The company has approximately 4500 employees.

"As we wait for an update from the Zhanjiang Government for Welwind's current wind farm project, we continue to forge ahead on building out the company's business model. This joint venture with one of China's largest wind farm developers allows the company to continue its growth and maintain momentum," says Tammy McNabb, President of Welwind.

Investors are urged to continue to monitor the progress of the company!

The stock closed yesterday at around Six cents a share.

Apple Inc. (NASDAQ: AAPL) up 0.4% on 26.2 million shares traded.

Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications.

Valero Energy Corporation (NYSE: VLO) up 5.2% on 14.4 million shares traded.

Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 21,000 employees and 2007 revenues of more than $95 billion.

Microsoft (NASDAQ: MSFT) down 0.7% on 57.1 million shares traded. Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Market Commentary:

"The Commerce Department reported Wednesday that new orders increased by 1.3 percent in July, much stronger than the 0.8 percent increase economists had been expecting. The July advance follows an even bigger 2.1 percent increase in June and represents the fifth straight rise in orders," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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