ExpediteVentures.com: Expedite Ventures Market Watch PDS,SEED,WB

Oct 09, 2008 (M2 PRESSWIRE via COMTEX) -- WB | Quote | Chart | News | PowerRating -- Expedite Ventures

New York- Expedite Ventures announces the following companies as high potential: Precision Drilling Trust (NYSE: PDS), Origin Agritech Limited (NGS: SEED), and Wachovia (NYSE: WB).

Come visit PamplonaPicks.com to sign up for our free Newsletter, where you will receive detailed information on these companies and more! Expedite Ventures

Precision Drilling Trust (NYSE: PDS); http://www.marketwatch.com/quotes/pds) Precision Drilling Trust 2008 Third Quarter Results Conference Call and Webcast 10-8-08 Precision Drilling Trust ("Precision") intends to release its 2008 third quarter results at approximately 5:00 a.m. MT (7:00 a.m. ET) on Thursday, October 23, 2008 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.

The conference call dial in numbers are 1-866-223-7781 or 416-641-6140 A live webcast of the conference call will be accessible on Precision's website at www.precisiondrilling.com by selecting "Investor Centre", then "Webcasts". Shortly after the live webcast, an archived version will be available for approximately 30 days.

An archived recording of the conference call will also be available approximately one hour after the completion of the call until October 30, 2008 by dialing 1-800-408-3053 or 416-695-5800 , passcode 3272722#.

Precision is a leading provider of safe, high performance energy services to the North American oil and gas industry. Precision provides customers with access to an extensive fleet of contract drilling rigs, service rigs, camps, snubbing units, wastewater treatment units and rental equipment backed by a comprehensive mix of technical support services and skilled, experienced personnel.

Precision Drilling Trust is listed on the Toronto Stock Exchange under the trading symbol "PD.UN" and on the New York Stock Exchange under the trading symbol "PDS".

Origin Agritech Limited (NGS: SEED); www.marketwatch.com/quotes/seed) Origin Agritech Limited Doubles Market Penetration Efforts to 1,000 Demonstration Lots, Sees Seed Prices Increasing 10-8-08 Origin Agritech Limited ("Origin" or the "Company"), a leading technology-focused supplier of crop seeds in China, today announced that it has doubled market penetration efforts for the upcoming FY2009 selling season to include 1,000 demonstration lots up from 500 lots in FY2008 due to increased demand for our high-quality seed products. The Company continues to see seed prices increasing as the demand for these products continue to be driven by non-ethanol related demand for corn. Of particular importance is the increase of the incomes of the growing middle class and the demand for higher-quality food products in China.

Origin reiterates the fact GMO approval of the first genetically-modified corn product in China continues to be on track. The government continues to support GMO implementation, as demonstrated by the recently approved US $3 billion comprehensive GMO implementation program, which is to be supported from all levels of government. The Company's conventional hybrid pipeline remains productive as we expect eight total seed approvals this year across our four main product categories.

Additionally, the Company expects that to be cash flow positive for FY2008, as our expense base continues to decline. The Company's balance sheet still remains strong with US $48.8 million in cash and cash equivalent as of June 30, 2008.

Co-CEO Liang Yuan states, "Our Company prospects have never been stronger. We see the continued need for higher quality food products coming into the marketplace and Origin is leading the charge."

Wachovia (NYSE: WB); (http://www.marketwatch.com/quotes/wb)

Wachovia, Citi, Wells Fargo to extend standstill agreement 10-8-08 Wachovia, Citigroup, and Wells Fargo will extend their standstill agreement on a lawsuit filed by Citigroup until 8 a.m. Eastern Friday, Wells Fargo said in a statement Wednesday. Citigroup had earlier filed a complaint against Wachovia and Wells Fargo seeking more than $60 billion in damages, claiming that it had exclusive rights and that Wachovia was not permitted to talk to anyone else after Wachovia rejected Citi in favor of Wells Fargo. The parties had previously agreed to cease formal discovery activities, and cooperate in good faith to preserve the status quo during the litigation standstill period.

Visit www.PamplonaPicks.com to read our disclaimer Expedite Ventures Expedite Ventures

CONTACT: Michael Maley, Expedite Ventures Tel: +1 585 347 4500 ext 113 WWW: http:/www.expediteventures.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index