Wall Street News Alert: Morning Watch for Thursday, March 12, 2009 — CLBN

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The Xinjiang wind farm project is situated on 6,200 acres and is in an areawith proven, high-energy wind speeds. Previous testing indicates a meanaverage annual wind speed in excess of 11 meters per second or over 25miles per hour, capable of generating net operating capacity factors inexcess of 50 percent.

As previously announced, Navajo has come to a terms agreement withMingchuang Energy Manufacturing Co. Ltd. to create a joint venturepartnership on projects located in China. Both companies have agreed tobegin their relationship starting with the Xinjiang wind farm project.

“With this funding commitment that is now in place, we will be able tocomplete all of our project goals by 2010,” stated Barry Doyle, CEO ofNavajo.

Investors are urged to carefully monitor the progress of this company!

The stock closed yesterday at around Three cents a share.

Freddie Mac supports communities across the nation by providing mortgagecapital to lenders.

Honeywell International is a $37 billion diversified technology andmanufacturing leader, serving customers worldwide with aerospace productsand services; control technologies for buildings, homes and industry;automotive products; turbochargers; and specialty materials.

Transocean Ltd. is one of the world’s largest offshore drilling contractorsand one of the leading providers of drilling management services worldwide.

Market Commentary:

Market News: Stocks moved modestly higher Wednesday morning as tradersweighed the odds on whether Tuesday’s big rally was anything more thananother “one-day wonder” amid an ongoing bear market.

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