TEN, SPNG, DrStockPick Watch List! for Tuesday September 1st, 2009, Tenneco Inc. and SpongeTech Delivery Systems Inc, SPNG.OB
TEN, Tenneco Inc.
SPNG, SpongeTech Delivery Systems Inc, SPNG.OB
DrStockPick Watch List! for Tuesday September 1st, 2009
My Picks for Tuesday September 1st, 2009 are:
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TEN, Tenneco Inc.
TEN has grown to become one of the world’s leading designers, manufacturers and distributors of emission control and ride control products and systems for the automotive original equipment market and the aftermarket. The company is well-balanced across product lines, markets served and geographic regions.
Using a combination of leading-edge technology, manufacturing expertise and dedication to customer service, TEN has increased revenues to $5.9 billion annually and penetrated new markets to solidify its leadership in the global automotive supply industry. TEN is well positioned to capture significant revenue growth going forward as the result of stricter light and commercial vehicle emission regulations being implemented in most markets worldwide over the next five years.
**Standard & Poor’s Ratings Services raised its outlook to “Positive” from “Negative” and affirmed its “B-” rating on TEN debt, because of its relatively strong second-quarter results and improving prospects.
More abut TEN at www.tenneco.com
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SPNG, SpongeTech Delivery Systems Inc, SPNG.OB
SPNG is a company which designs, produces and markets innovative, cost-effective, and environmentally sensitive packaging and product delivery solutions through its exclusive patented packaging technology. These sponge-based products utilize SPNG’s proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. SPNG’s sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is soaked and applied to a surface with minimal pressure. All of SPNG’s products are self-cleaning, inhibit the growth of bacteria in the sponge, earth-friendly and recyclable.
SPNG’s current product line is designed for Auto Care, Child Care, Pet Care and Home Care. SpongeTech® is currently exploring additional applications for its technology including Health, Beauty, Medical, Kitchen and Bath Products.
**SPNG’s product line will be featured in the upcoming 2009 Sears Wish Book catalog in Canada. The Sears Wish Book is a very popular Christmas-themed catalog that is released by Sears Canada Inc., one of the largest retailers in that Country.
The Wish Book is sent out free of charge to over 3.5 million homes in Canada in preparation of the holiday season. This marks SPNG expansion into the region.
That’s a great market for SPNG
More about SPNG at www.spongetech.com
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Add TEN and SPNG to your Watch List!, do your homework, and like always BE READY for the ACTION!
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