WESTON, Fla., April 7, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: DC Brands International (Pink Sheets:DCBI), Home Depot, Inc. (NYSE:HD), Safeway Inc. (NYSE:SWY) and Brocade Communications Systems, Inc. (Nasdaq:BRCD).
Aggressive investors and day traders may be keeping their eyes DC Brands International (Pink Sheets:DCBI) again this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it is down to two final companies that are vying for the position to develop and manufacture an entire line of apparel and other novelty items.
This could be more good news for investors! Dick Pearce, the company's President said, "We have always offered a basic line of tee shirts, hats etc., and they are wildly popular. The visual appeal of our logo is just so strong. This new move allows us to better satisfy the requests of our customers. We like the look and quality of both of the final two companies we are working with. It is now a matter of capacity and pricing. We should be able to announce the results this month and have the new merchandise available for the all important summer season."
Investors continue to watch this company's progress! Last month, the company announced that it was entering the gym and health food markets with the addition of All Pro Distributing of Tracy, California. All Pro specializes in the health food and gym markets but they also reach well beyond that and saturate the convenience and grocery markets in their territory. In all, they will give DC Brands access to over 500 accounts they are currently servicing.
For more in-depth coverage of DC Brands, visit http://www.1sourcealert.com/DCBI0406.html
Prior to the press release, the stock had closed at Twenty Eight cents a share.
In case you are not familiar with the company: DC Brands International is primarily engaged in the multi billion dollar energy drink business and distributes its Dickens Cider Energy products through an ever growing network of established distributors. For more information on the company, visit their web site at www.DickensEnergyCider.com.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Home Depot, Inc. (NYSE:HD) down 1.1% on 5.9 million shares traded, Safeway Inc. (NYSE:SWY) up 0.8% on 3.3 million shares traded and Brocade Communications Systems, Inc. (Nasdaq:BRCD) up 0.6% on 5.5 million shares traded.
Commentary:
"March job cut announcements by U.S. employers rose 27 percent from the same time the previous year; back then payroll growth was surging. March's numbers were 20 percent lower than for February; this from a report by Challenger, Gray & Christmas Inc," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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