WESTON, Fla., Oct. 28, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: ART International Corporation (OTCBB:ARIOF), Sun Microsystems, Inc. (NASDAQ:SUNW), Yahoo! Inc. (NASDAQ:YHOO) and Comcast Corporation (NASDAQ:CMCSA).
Aggressive investors and traders need to be watching ART International Corporation (OTCBB:ARIOF) as it continues to pour out good news! Yesterday after the markets closed, the company issued a press release announcing that it is expanding its existing marketing agreement with Zing Bias of Toronto, Canada, to include branding, logo design, and consumer packaging for its wholly-owned subsidiary, Diamant Film Inc!
This is good news for investors! Diamant Film Inc.'s Chief Executive Officer, Stefan Gudmundsson, remarked, "Based on encouraging results from our testing programs with leading supermarket chains, the company has taken the initiative to aggressively expand our product awareness to the consumer level. Effective branding, including a recognizable logo and packaging, is necessary to convey Diamant Film's significance as the world's first 'PVC free' stretch film."
Investors watch this one! We just recently reported this week that 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!
The stock closed yesterday at around twenty-seven cents a share.
About the companies involved: 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. For more information please visit their website, http://www.diamantfilm.com.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Sun Microsystems, Inc. (NASDAQ:SUNW) up 3.7% on 46.8 million shares traded, Yahoo! Inc. (NASDAQ:YHOO) up 3.1% on 20.9 million shares traded and Comcast Corporation (NASDAQ:CMCSA) up 1.9% on 18.6 million shares traded.
Commentary:
"The cable industry's foray into high-speed Internet service continues to pay off, with Comcast Corp. and Cox Communications Inc. both reporting hundreds of thousands of new broadband subscribers - and double-digit revenue increases," Stated Mario Cardenas in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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