SOURCE: Wall Street News Alert

Wall Street News Alert

September 04, 2009 08:33 ET

Wall Street News Alert: Stock in Focus for Friday: NDTI - September 4, 2009

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

WESTON, FL--(Marketwire - September 4, 2009) - Wall Street News Alert's "stocks to watch" this morning are: Nordic Turbines Inc. (OTCBB: NDTI), GE (NYSE: GE), SunPower Corp. (NASDAQ: SPWRA) and Hexcel Corporation (NYSE: HXL).

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Nordic Turbines Inc. (OTCBB: NDTI), d.b.a. GC China Turbine Corp., has just issued important news regarding its intent to change the company's name to reflect management's ongoing strategic plans, and to update its production status. Yesterday, the company issued a press release announcing that that effective immediately the Company shall henceforth operate under the trade name GC CHINA TURBINE CORP. which best reflects management's ongoing strategic plans. The Company continues to trade on the NASD's Over-the-Counter Bulletin Board ("OTCBB") under the symbol NDTI until such time as an application and approval from the exchange to trade under the new name and resulting new symbol is forthcoming.

The name change furthers the objectives of the Company as part of a binding letter of intent with Wuhan Guoce Nordic New Energy Co. Ltd., a People's Republic of China company ("GC Nordic"), and related parties whereby upon the close of a formal definitive share exchange agreement, the Company shall indirectly own all of the outstanding capital stock of GC Nordic.

Wuhan Guoce Nordic New Energy Co. Ltd. (GC Nordic) is a wind turbine manufacturing affiliate of the highly regarded and successful multi-division Wuhan Guoce Group of Companies. The company holds a license to manufacture a robust and innovative wind turbine system originally developed in Europe.

The Company further wishes to advise that GC Nordic has recently completed production and shipment of an additional two of its state-of-the-art 2-bladed 1.0 megawatt wind turbines to the Daqing Longjiang Wind Power Co., Ltd. bringing the total to 7 turbines shipped to-date. Of the seven turbines, four units have been installed and connected to the grid, while another unit is currently undergoing onsite installation.

Management has determined using current production capacity information based on their latest production runs in their facility in Wuhan, China, that the Company has the capability to produce an average of thirty (30) wind turbines per month. This new production capacity will now allow the Company to fulfil its initial orders of 150 wind turbines, worth in excess of US$ 128 million, in the next five to six months.

The stock closed yesterday at $1.40 a share.

GE (NYSE: GE) up 1.8% on 54.4 million shares traded. GE is a diversified technology, media and financial services company focused on solving some of the world's toughest problems.

SunPower Corp. (NASDAQ: SPWRA) up 6.3% on 2.1 million shares traded. SunPower Corp. designs, manufactures and delivers the planet's most powerful solar technology broadly available today.

Hexcel Corporation (NYSE: HXL) up 3.1% on 478,000 shares traded. Hexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures, used in commercial aerospace, space and defense and industrial applications such as wind turbine blades.

Market Commentary:

Gold made a rebound Thursday, inching close to $1000 an ounce for the first time since February. Gold for December delivery jumped $19.20, or 2 percent, to $997.70 an ounce on the New York Mercantile Exchange, after earlier hitting a six-month high of $999.50.

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has not been compensated for current services performed for Nordic Turbines Inc. (OTCBB: NDTI) d.b.a. GC China Turbine Corp. (the "Company"). However, WSCF may receive compensation for future services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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