WESTON, Fla., Oct. 26, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: ART International Corporation (OTCBB:ARIOF), Aastrom Biosciences, Inc. (Nasdaq:ASTM), International Steel Group Inc. (NYSE:ISG) and Ixia (Nasdaq:XXIA).
Aggressive investors and traders will be watching ART International Corporation (OTCBB:ARIOF) this morning! Yesterday after the markets closed, the company issued a press release announcing that its Board of Directors has declared a 2-for-1 stock split dividend to shareholders of record on October 29, 2004!
According to the press release, under the dividend, each holder of one share of common stock on the record date shall receive one addition share of common stock. The payment date is November 5, 2004.
CEO of ART International, Michel van Herreweghe states, "The stock dividend is part of our ongoing efforts to continually improve trading liquidity, broaden ownership and enhance shareholder value."
Persons purchasing ART International Corporation common stock on the OTC Bulletin Board on or before November 5, 2004, will be entitled to the stock dividend. After close of trading on November 5, 2004, the benefit of the stock dividend will no longer be reflected in the trading price of ART International Corporation's common stock. At commencement of trading on November 8, 2004, ART International Corporation's common stock price will be adjusted accordingly.
Investors watch this one! We recently reported that the company issued a press release announcing that its wholly-owned subsidiary, Diamant Film Inc., has retained Zing Bias of Toronto, Canada as Marketing Strategists!
According to that press release, following the introduction of Diamante stretch film to multiple supermarket chains, the company is now focusing on the catering and retail industries. A large part of this shift will include a web-based site for consumer products and education.
The stock closed yesterday over twenty-two cents a share.
In case you are not familiar with the company: ART International Corporation through its wholly owned subsidiary, Diamant film Inc., has secured a ten-year agreement with Diamant Plastics Corporation for the exclusive marketing and distribution rights in the United States and Canada to Diamant film, a non-PVC food stretch film. Diamant film is the world's first, plasticizer-free stretch film based on polystyrene and the first food wrapping film that is environmentally friendly and recyclable. Diamant film has recently been certified by the Environmental ChoiceM Program. For more information please visit our website, www.diamantfilm.com.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Aastrom Biosciences, Inc. (Nasdaq:ASTM) up 25.2% on 19.4 million shares traded, International Steel Group Inc. (NYSE:ISG) up 18.7% on 12.9 million shares traded and Ixia (Nasdaq:XXIA) up 12.9% on 1.3 million shares traded.
Commentary:
"Shares of Google Inc. hit a new high on Monday as traders who had shorted the stock scrambled to buy back scarce shares after the Web search leader's better-than-expected quarterly results last week. Google's stock peaked at $194.43 on Nasdaq during Monday trade -- a 129 percent gain from Google's debut stock price of $85 in mid-August before closing at $187.40, a gain of nearly 9 percent," stated Mario Cardenas in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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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 been compensated sixty five thousand dollars for coverage of ART International Corp. (OTCBB:ARIOF), by a third party (Alex Consulting Inc.), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a clients 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. Market commentary provided by Mario Cardenas.
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