WESTON, Fla. Dec. 11, 2003 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this Thursday morning are: TransWorld Benefits International (OTCBB:TBII), Amgen Inc. (Nasdaq:AMGN), InterActiveCorp (Nasdaq:IACI) and QUALCOMM Inc. (Nasdaq:QCOM).
Aggressive investors will be watching TransWorld Benefits International, Inc. (OTCBB:TBII) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has signed a Letter of Intent (LOI) with New York Metropolitan Funeral Group Park Avenue Partners, to sell "Above and Beyond" through all their channels! This could be great news for investors!
Through its exclusive program Above and Beyond, TBII offers emergency assistance for travelers in cases of injury or death. Above and Beyond has redefined the concept of worldwide air ambulance, medical evacuation, and at-need private executive aircraft retrieval of deceased persons. TransWorld has under contract more than 1,000 private executive aircraft including both turbo-prop and multi-prop, multi-engine planes, float planes, bush planes with tundra tires, and STOL aircraft with rear ramps. The fleet also extends to ultra-long range business jets that can go from any point in the globe to another with no more than one fuel stop.
Keep your eyes on this one! According to a recent press release, Park Avenue Partners LLC has been in a growth mode for the past 4 years, acquiring funeral homes with their accompanying land, buildings and equipment as well as wholesale service businesses providing trade services. The alliance of the two companies decreases TBII's overhead and provides profits for the services not obtainable under TBII's current service format. Park Avenue's Trade Services Business will be expanded nationally as well as worldwide through TBII's field sales and marketing organization and customer base in all markets. The synergy between the two companies is very strong in that each company is committed to selling the products and services of the other. Watch this one! The stock closed yesterday at Seven cents a share.
Stocks showing interesting activity yesterday were: Amgen Inc. (Nasdaq:AMGN) up .48% on 7.5 million shares traded, InterActiveCorp (Nasdaq:IACI) down 2.3% on 13.4 million shares traded and QUALCOMM Inc. (Nasdaq:QCOM) up .64% on 7.8 million shares traded.
Commentary: Smarter Shopping
"With up to 40% of retail sales happening between Thanksgiving and Christmas, it makes sense to know what you're buying. One easy way is to go to www.reselleratings.com, here you will be able see what people say and rate about a product. Shoppers just like you talk about the "The good, the bad, and the ugly" (one of my favorite Clint Eastwood flicks) of a product," stated Sonja Rudd 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. WSNA has been compensated Fourteen Thousand Dollars for coverage of TransWorld Benefits International, Inc. (OTCBB:TBII), by the company, for services provided including dissemination of company information in this release. 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 Sonja Rudd.
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