WESTON, FL--(Marketwire - December 9, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Welwind Energy International Corp. (OTCBB: WWEI), Oracle (NASDAQ: ORCL), Prudential Financial, Inc. (NYSE: PRU) and Bank of America Corporation (NYSE: BAC).

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After a big week of important news last week, Welwind Energy International Corp. (OTCBB: WWEI) is at it again, and should have investors monitoring the stock closely! Early this morning, the company, a developer and operator of wind farm projects in China and Canada, issued a press release announcing that it has received a letter of intent to finance its 200 MW wind farm project located in Southern Alberta, Canada.

This is great news, as the press release states that the value of the 200 MW project is in excess of US$400,000,000 (four hundred million)! As previously announced, Welwind has come to a terms agreement with Windcor Power Systems to create a joint venture partnership on various projects located in Canada. Both companies agree to begin their relationship starting with the Southern Alberta project.

Here are some of the highlights about the Southern Alberta Project:

--  The project, with a potential build out of 200 MW, is located in
    Southern Alberta, Canada and has over 3 years wind data.
    
--  The energy yield for the project shows a steady class of wind that
    will produce a clean, low turbulent output. This is better on the equipment
    compared to blustery winds known in the south west region of the foothills
    of Alberta.
    
--  The project is located in an area that is far enough away from the
    blustery conditions with no residences close to the project; the
    transmission runs through the property and there are no known environmental
    issues preventing the project from proceeding.
    
--  The area is one of the lowest populated areas in Alberta and has some
    of the best suited wind regimes in the province for production, operation
    and maintenance of the turbines.
    
--  The Province of Alberta is known for its wind regime and its
    deregulated market, having some of the first turbines installed in Canada.
    
--  The City of Calgary runs their (C-train) transit system from Wind
    generated electricity.
    
--  The companies will work to have this project construction ready in
    2009 with the electricity to be sold to the Alberta Power Pool.
    
--  There is enough room on the grid where the project is located so that
    there are no delays with conducting any interconnection issues or waiting
    for new transmission lines to be built.
    

"With the funding commitment that is in place we will be able to complete all of our project goals in 2009, including the Peace project, Zhanjiang, Yangxi, and Ningxia,'' says Shannon de Delley, Director of Welwind.

Investors are urged to continue to monitor the progress of the company!

The stock closed yesterday at around Seven cents a share.

In case you are not familiar with the company: Welwind Energy International Corp. is committed to providing the best resource option available for renewable energy, protecting our environment, empowering communities, bolstering local economies and respecting the rights of future generations.

Welwind Energy International was founded to build, own and operate wind farms on an international scale. The company's goal is to become a leading provider of clean energy products for the residential, business and governmental consumer.

Oracle (NASDAQ: ORCL) up 4.4% on 49 million shares traded. Oracle is of the world's largest enterprise software company's.

Prudential Financial, Inc. (NYSE: PRU) down 1.3% on 19.6 million shares traded. Prudential Financial, Inc. is one of the financial services leaders with approximately $602 billion of assets under management as of September 30, 2008, has operations in the United States, Asia, Europe, and Latin America.

Bank of America Corporation (NYSE: BAC) up 17% on 163.5 million shares traded. Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services.

Market Commentary:

"Oil prices came back from four-year lows and shot above $43 a barrel Monday as OPEC floated the possibility of a "severe" production. Light, sweet crude for January delivery jumped $2.90 to settle at $43.71 a barrel on the New York Mercantile Exchange. On Friday, the contract dropped nearly $3 to settle at $40.81 and prices fell as low as $40.50, levels last seen in December 2004," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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