Wall Street News Alert's "stocks to watch" this morning are:
Fidelis Energy Inc. (PINKSHEETS: FDEI), Exxon Mobil Corporation
(NYSE: XOM), Brink's Home Security Holdings, Inc. (NYSE: CFL) and
Williams (NYSE: WMB).
Yesterday after the markets closed, Fidelis Energy Inc.
(PINKSHEETS: FDEI) issued a press release announcing the completion
of new financing with total commitments of $30 million led by
Swiss-based Empres Voss Capital (EVC).
The proceeds from this financing will be drawn down in traunches
as required during the process of building a solar power plant in
India. The Solar facility is located in the Thar Desert near
Jaisalmer, India. The region is destined to become the world's
biggest solar power house as it basks in an average of 330 days of
sunshine per year and receives up to 6.2KW per hour of solar energy
per square meter everyday, which is the highest in the world.
Further details of the financing will be released as they
occur.
Last week the company also reported that it has closed on the
acquisition of a stake in a Solar Park in Spain. Previously
detailed in its press release dated October 21, 2009, Fidelis
entered into a binding Letter Of Intent ("LOI") with ASD Lusiona
Solar ("ALS") to acquire an 8% stake in its wholly-owned
subsidiary, ASDR Barranca Solar, which owns a 2MW producing
photovoltaic solar facility located in Spain. Under the agreement,
Fidelis also has an option to buy the remaining stake in ASDR.
The stock closed yesterday at around Two cents a share.
For an in-depth profile of Fidelis Energy, visit
http://wallstreetnewsalert.com/view-company-profiles.php?profile=FDEI_011910.
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Exxon Mobil Corporation (NYSE: XOM) up 0.2% on 26 million shares
traded. Exxon Mobil Corporation and ExxonMobil Foundation, the
primary philanthropic arm of Exxon Mobil Corporation in the United
States, engage in a range of philanthropic activities that advance
education, health and public policy in the communities where
ExxonMobil has significant operations.
Brink's Home Security Holdings, Inc. (NYSE: CFL) up 32.2% on
23.6 million shares traded. Brink's Home Security Holdings, Inc.,
operating as Broadview Security, headquartered in Irving, Texas, is
one of the premier providers of security system monitoring services
for residential and commercial properties in North America.
Williams (NYSE: WMB) up 8% on 22.1 million shares traded.
Williams, through its subsidiaries, finds, produces, gathers,
processes and transports natural gas.
Market Commentary:
The National Association of Home Builders says its housing
market index fell this month to the lowest level since last summer.
The reading of 15 is the second-straight monthly decline and the
lowest since June.
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Corestates Finl Corp (NYSE:CFL)
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