CLBN Caliber Energy Inc New (CE)

Wall Street News Alert's "stocks to watch" this morning are: Navajo Wind Energy Corp. (formerly Caliber Energy Inc.) (PINKSHEETS: CLBN), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Wal-Mart Stores, Inc. (NYSE: WMT) and Suncor Energy Inc. (NYSE: SU).

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Navajo Wind Energy Corp. (formerly Caliber Energy Inc) (PINKSHEETS: CLBN), currently operating in one of the fastest growing wind energy markets, has just issued important news regarding an important acquisition.

Yesterday after the markets closed, the company, a renewable energy company focused on creating electricity from the power of wind, issued a press release announcing that it has completed its acquisition of First Wind Energy Systems, a company that specializes in community scale wind turbine systems. The acquisition of First Wind Energy Systems ("First Wind") brings smaller wind turbine expertise to Navajo Wind to enhance and expand its community wind power product and service offerings.

"The acquisition of First Wind Energy Systems is a perfect fit for Navajo Wind," stated Barry Doyle, CEO of Navajo. "First Wind extends our area of expertise and service coverage offerings into community scale wind projects by employing smaller wind turbines, an area virtually untouched by the wind development industry. First Wind's systems are designed to be installed in a wide spectrum of smaller site classifications such as residential, municipal utilities, bank branches, agricultural, general commercial, universities and other institutions."

"The acquisition of First Wind was always part of our plan to expand our business rapidly," continued Barry Doyle. "We think this sends a strong message that we want to be the leader in the community energy and small scale wind arena. The growth opportunities in this sector are enormous and there are very few entities with the capabilities that are brought to the marketplace by Navajo. Going forward, we will continue to consider opportunities to expand our business and will certainly be opportunistic when the right strategic fit presents itself. This acquisition demonstrates our wherewithal to get deals done to expand our business in the right way."

The stock closed yesterday at under a Penny a share.

For an in-depth profile of Navajo Wind Energy, visit http://wallstreetnewsalert.com/view-company-profiles.php?profile=CLBN_071309.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) up 0.5% on 17.7 million shares traded.

FCX is a leading international mining company with headquarters in Phoenix, Arizona.

Wal-Mart Stores, Inc. (NYSE: WMT) up 0.6% on 13.4 million shares traded.

Wal-Mart Stores, Inc. serves customers and members more than 200 million times per week at more than 7,900 retail units under 55 different banners in 15 countries.

Suncor Energy Inc. (NYSE: SU) up 2.4% on 10.4 million shares traded.

Suncor Energy Inc. is an integrated energy company headquartered in Calgary, Alberta.

Market Commentary:

Retail sales rose 0.6 percent last month, due mainly to higher gas prices and auto sales, the Commerce Department said Tuesday.

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