Posts Tagged ‘GWS Technologies’

Stocks rebound after sharp drop despite weak housing data, mixed retail earnings reports

Stocks are moderately higher in early trading following gains in overseas markets that were driven by upbeat economic news from Germany. A research institute has reported that consumer confidence is rising in the country, Europe’s largest economy.

However, there is still much uncertainty in the U.S. The market’s gains are being held in check by mixed earnings reports from retailers and a government report showing construction of new homes fell more than expected in July.

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Richard Reincke, CEO of GWS Technologies Inc. (OTCBB: GWSC) discusses the “green energy gold rush” and development of a proprietary 210 watt polycrystalline silicon solar panel specifically adapted for commercial retrofits and the demanding climate of Arizona and the desert Southwest.

Stocks are sharply lower on concerns of weak consumer spending

Stocks are sharply lower and Treasury prices are soaring in early trading Monday as investors around the world fear that consumers are too skittish to help lift the economy into recovery.

U.S. stocks are down sharply after overseas markets extended the heavy selling that began Friday. That pullback followed a weaker-than-expected reading on consumer confidence.

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Aug. 12, 2009 (Business Wire) — GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, today announced that it is working with Shanghai Top Resources Import and Export Co., Ltd. and America China Technology Systems LLC in Shanghai, China, and the Shanghai Institute of Space Power Sources to develop a proprietary 210 watt polycrystalline silicon solar panel specifically adapted for commercial retrofits and the demanding climate of Arizona and the desert Southwest.

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Stocks are slightly lower ahead of upcoming Fed report and retailer earnings reports

Stocks are trading modestly lower as investors look to the retail sector and the Federal Reserve for signs of how the economy is faring.

Overseas, Asian markets rose, while European markets traded lower.

The market has rallied amid continued signals that the recession is easing. Investors will be looking to earnings reports this week from retailers to determine how consumers are faring.

A Fed meeting later in the week could also provide insight into potential indications of a recovery.

In early trading Monday, the Dow Jones industrial average is down 43.07, or 0.5 percent, at 9,327.00. The Standard & Poor’s 500 index is down 5.78, or 0.6 percent, at 1,004.70, while the Nasdaq composite index is down 10.68, or 0.5 percent, at 1,989.57.

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GWS stands for GreenWindSolar. We are an alternative technology energy company developing and marketing solar and wind-powered renewable energy products and solutions. Our products and solutions are part of the new “microgeneration” movement that is transforming the way everyday people provide for their energy needs.

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