WESTON, Fla., Feb. 22, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: DC Brands International (Pink Sheets:DCBI), Kmart Holding Corporation (Nasdaq:KMRT), Sears, Roebuck & Co. (NYSE:S) and Coca-Cola Enterprises (NYSE:CCE).
Aggressive investors and traders may be watching DC Brands International (Pink Sheets:DCBI) this morning! The company just issued another press release, hot on the heals of last week's big announcement in which the company announced their signing of an extremely aggressive National Advertising Agreement for 2005 with the world famous Girls Gone Wild for a 150-city tour over the next seven months. The company's latest release announces that it will be moving its beverage production from outside of Vienna, Austria, to a facility in Wisconsin.
This could be more great news for investors! "We are very excited about this new development. Producing domestically will have several positive results for the company. Not only will we realize an immediate direct savings from eliminating huge shipping costs, it will enable a more accurate scheduling of product deliveries," said the company's Chief Operations Officer Keith Howard. Mr. Howard went on to say, "We have lived through some difficulties in the past two and a half years just getting product cleared through customs. With the type of explosive growth we are projecting, it was not feasible to have a two- to six-week gray area with respect to actual delivery times due to potential delays in shipping and customs." The company's CFO Jeremy Alcamo said, "We track our costs to the penny; the hard savings we will experience by moving to domestic production will equate to as much as 8% off our historical cost of goods and that goes straight to our bottom line."
Investors continue to watch this company's progress! The company's VP of Sales, Richard Muscarella, said: "The impact from the Girls Gone Wild Rock Tour has surpassed our every expectation. We knew it would bring a lot of interest to our brand. It just started two weeks ago and we are already experiencing a drastic increase in calls and inquiries from retailers and distributors wanting to carry the product as well as a lot more hits on our Web site (www.DickensEnergyCider.com) from people buying clothes and other items. We are beginning to have a backlog of distributor meetings with six scheduled already for March."
For more in-depth coverage of DC Brands, visit http://www.backissuesofnewsalerts.us/DCBI0221.html
Prior to the press release, the stock had closed at Eighty-One cents a share.
In case you are not familiar with the company: Dickens Cider is The Ultimate Austrian Energy Drink that is lightly carbonated and contains an assortment of vitamins and an extract of horny goat weed. The product is imported from just outside Vienna, Austria and consists of only the finest ingredients, as well as some of the purest water on earth.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Kmart Holding Corporation (Nasdaq:KMRT) down 0.3% on 851,620 shares traded, Sears, Roebuck & Co. (NYSE:S) down 0.8% on 2 million shares traded and Coca-Cola Enterprises (NYSE:CCE) down 1.3% on 1.6 million shares traded.
Commentary:
"The Labor Department's Consumer Price Index for January, due Wednesday, will draw increased scrutiny due to the unexpectedly high PPI figure last week. The CPI, which measures the prices paid by consumers for goods and services, is expected to rise 0.2 percent, compared with a 0.1 percent drop in December," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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