WESTON, Fla., May 3, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Graystone Park Enterprises (Pink Sheets:GPKE), The Goldman Sachs Group, Inc. (NYSE:GS), Nokia (NYSE:NOK) and The Neiman Marcus Group, Inc. (NYSE:NMGA).
Aggressive investors and traders may be watching Graystone Park Enterprises Inc. (Pink Sheets:GPKE) this morning! Yesterday after the markets closed, the company issued a press release announcing that its' wholly owned subsidiary, Gray Publishing & Media, Inc., has signed a Letter of Intent to acquire National Safe Schools, Inc. (NSSI), a D.C.-based safety and security company for public, charter and private school systems across the country.
This could be great news for the company's investors! According to the company's press release, NSSI provides safety and security consulting services to school systems nationwide. The company is currently soliciting the D.C. government for a contract to provide these services to the D.C. Public School System; this is an open multi-million dollar five-year contract to perform assessments, recommend security and safety changes, and develop a new safe school plan for the school district.
Investors continue to watch the progress of Graystone!
For more in-depth coverage of Graystone Park Enterprises, visit http://www.1sourcealert.com/GPKE0503.html
Prior to yesterday's press release, the stock closed yesterday at around thirty-four cents a share.
In case you are not familiar with the company: Graystone Park Enterprises, Inc. was founded to assist the small business entrepreneur in growing his company and reducing the pitfalls that normally stall a start-up company. Graystone plans on acquiring middle stage companies in need of assistance to dramatically increase its market share. Graystone projects to acquire 5-10 companies in 2005, and an additional 8-12 companies in 2006. Graystone will maintain a substantial percentage of each subsidiary company after the subsidiary begins trading under its own symbol.
For more information on NSSI's products and services, visit their website at www.nationalsafeschools.com.
Stocks showing interesting activity yesterday at the close of the regular trading day were: The Goldman Sachs Group, Inc. (NYSE:GS) down 2.1% on 6.2 million shares traded, Nokia (NYSE:NOK) up 0.7% on 6.6 million shares traded and The Neiman Marcus Group, Inc. (NYSE:NMG-A) down 5.4% on 6.3 million shares traded.
Commentary:
"This week is big as far as the economic calendar: The Fed is meeting and is expected to raise the overnight rate .25 to 3.0%, the eighth rate hike since last June, auto sales figures and a retail sales report will also be out this week. April's unemployment figures are due this Friday; this will be closely watched as March has a disappointing 110,000 job growth," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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