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xtremepicks.com: www.Xtremepicks.com: www.Xtremepicks.Com: Xtremepicks.Com Alerts For Wednesday, June 24, 2009: AES, PBI, CIT, SPG, AND UBS

Wed. June 24, 2009; Posted: 01:16 PM
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Jun 24, 2009 (M2 PRESSWIRE via COMTEX) -- UBS | Quote | Chart | News | PowerRating -- Xtremepicks.com Alerts for Wednesday include The AES Corporation (NYSE:AES), Pitney Bowes Inc. (NYSE:PBI), CIT Group Inc. (NYSE: CIT), Simon Property Group, Inc. (NYSE: SPG), and UBS (NYSE:UBS)

--- The AES Corporation (NYSE:AES) opened Wednesday at $10.14 per share on trading volume of 8,450,000 shares.

In a press release out on Jun 24, 2009 -- Victoria Harker, Executive Vice President and Chief Financial Officer and Andres Gluski, Executive Vice President and Chief Operating Officer of The AES Corporation (NYSE:AES), will Participate in Barclays Capital's Power and Utilities Conference Call, "The Monthly Mark," on Wednesday, June 24, 2009.

About AES

The AES Corporation (NYSE:AES) is a Fortune 500 global power company with generation and distribution businesses. Through our diverse portfolio of thermal and renewable fuel sources, we safely provide affordable and sustainable energy in 29 countries. Our workforce of 25,000 people is committed to operational excellence and meeting the world's changing power needs. Our 2008 revenues were $16 billion and we own and manage $35 billion in total assets. BusinessWeek named AES to its 2009 "BW 50" list. To learn more, please visit www.aes.com.

--- Pitney Bowes Inc. (NYSE:PBI) opened Wednesday at $21.03 per share on trading volume of 577,513 shares.

In a press release out on Jun 24, 2009 -- Pitney Bowes Inc. (NYSE:PBI) and Unitrends, a leading provider of innovative, rapid-recovery solutions that protect and restore critical data and systems, announced today a new agreement in which Pitney Bowes will provide nationwide on-site maintenance and repair services for Unitrends and its customers.

About Pitney Bowes

Pitney Bowes is a $6.3 billion global technology leader whose products, services and solutions deliver value within the mailstream and beyond. Founded in 1920, our company's 35,000 employees deliver technology, service and innovation to more than two million customers worldwide. For more information about Pitney Bowes, its products, services and solutions, visit www.pb.com.

--- CIT Group Inc. (NYSE: CIT | Quote | Chart | News | PowerRating) opened Wednesday at $2.37 per share on trading volume of 2,000,000 shares.

In a press release out on Jun 24, 2009 -- CIT Group Inc. (NYSE: CIT), a leading provider of financing to small businesses and middle market companies, today released another installment of "5 Minute Capital" (www.5minutecapital.com), its award-winning series of five-minute podcasts featuring senior CIT executives commenting on current market conditions, industry trends and future opportunities in the middle market.

About CIT

CIT (NYSE: CIT | Quote | Chart | News | PowerRating) is a bank holding company with more than $60 billion in finance and leasing assets that provides financial products and advisory services to small and middle market businesses. Operating in more than 50 countries across 30 industries, CIT provides an unparalleled combination of relationship, intellectual and financial capital to its customers worldwide. CIT maintains leadership positions in small business and middle market lending, retail finance, aerospace, equipment and rail leasing, and vendor finance. Founded in 1908 and headquartered in New York City, CIT is a member of the S&P 500 and Fortune 500. www.cit.com

--- Simon Property Group, Inc. (NYSE: SPG | Quote | Chart | News | PowerRating) opened Wednesday at $ per share on trading volume of shares.

In a press release out on June 24, 2009 -- Nation's Largest U.S. Retail REIT Brings its Expertise to Galleria Dallas and Novi Town Center.

Simon Property Group, Inc. (NYSE: SPG), the country's largest owner, developer and manager of high quality retail real estate, announced today that it will assume leasing, management, and marketing duties of two high-quality shopping centers, Galleria Dallas and Novi Town Center in Novi, Michigan. Simon will commence these roles at the two properties on August 1.

About Simon Property Group

Simon Property Group, Inc. is an S&P 500 company and the largest public U.S. real estate company. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers(R), The Mills(R), community/lifestyle centers and international properties. It currently owns or has an interest in 384 properties comprising 261 million square feet of gross leasable area in North America, Europe and Asia. The Company is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide. Simon Property Group, Inc. is publicly traded on the NYSE under the symbol SPG. For further information, visit the Company's website at www.simon.com.

--- UBS (NYSE:UBS) opened Wednesday at $13.52 per share on trading volume of 965,147 shares.

In a press release out on Jun 24, 2009 -- UBS Investment Bank's Equities Research business announced today that UBS Alternative Research has continued its expansion by broadening its existing relationship with Abacus Analytics, a quantitative consulting firm. Offerings from Abacus include research and consulting services organized around the portfolio management process, featuring models and analytics for alpha generation, risk management, portfolio construction and performance attribution.

About UBS

Headquartered in Zurich and Basel, Switzerland, UBS is one of the world's leading financial firms. It serves a discerning, international client base with its wealth management, investment banking and asset management businesses. In Switzerland, UBS is the market leader in retail and commercial banking.

UBS is present in all major financial centers worldwide. It has offices in over 50 countries, with about 38% of its employees working in the Americas, 34% in Switzerland, 15% in the rest of Europe and 13% in Asia Pacific. UBS employs more than 75,000 people around the world. Its shares are listed on the SIX Swiss Exchange, the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE).

Xtremepicks.com profiles early stage microcap and growth stocks that provide innovative products or services resulting in potentially "hyper-growth" opportunities. Often, these companies have yet to be recognized by Wall Street and the undiscovered nature of Xtremepicks.com's profile companies provide our members the opportunity to learn about these companies at their development stage, and more importantly before they possibly "turn the corner" and get exposed to a much larger investing audience.

Xtremepicks.com (www.Xtremepicks.com) has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by Xtremepicks.com to be accurate, and should not be considered to be all-inclusive. Xtremepicks.com is a leading information resource for evaluating investment opportunities in small and microcap stocks. We focus on a limited number of companies in order to provide comprehensive coverage, including unique investment related features not available anywhere else on the Internet. To feature a company or to get more information, please visit us at www.Xtremepicks.com or email us at info@Xtremepicks.com Xtremepicks.coms affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event of a rise in value. Xtremepicks.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

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CONTACT: Xtremepicks.com e-mail: Info@xtremepicks.com WWW: http://www.Xtremepicks.com

((M2 Communications 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.

For full details on Aes Corporation (AES) click here. Aes Corporation (AES) has Short Term PowerRatings of 4. Details on Aes Corporation (AES) Short Term PowerRatings is available at This Link.

    


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