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EU Discusses Bailout for Greece, NBG Jumps

February 9th, 2010
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Converted Organics Inc. (NASDAQ:COIN) rose 15.18% up to $0.898 with a volume of 2,523,787on news the company shipped a re-order for its organic Lawn & Turf fertilizer to The Home Depot to prepare for the upcoming 2010 growing season. In 2009 Converted Organics’ Lawn & Turf fertilizer was carried in 94 Home Depot stores throughout Massachusetts, Connecticut, Rhode Island and Long Island, New York. Headquartered in Boston, Massachusetts, Converted Organics Inc. manufactures, sells, and distributes liquid and solid fertilizers, and natural soil amendment/enhancement products combining disease suppression and nutrition characteristics, the application uses liquid and solid food waste as raw material to manufacture soil amendment products.

National Bank of Greece (ADR) (NYSE:NBG) gained 22.81% up to $4.20 at midday on no official news since the financial firm announced offering an additional 19,693 new, common registered voting shares on the ATHEX as of February 5th 2010. Today the European Union discusses the outlook for the Euro and a possible bailout to boost Greece’s beleaguered economy, which is supporting gains for European banks across the New York Stock Exchange. Headquartered in Athens, Greece, National Bank of Greece is a financial institution providing diversified financial services primarily in Greece. The company’s services extend to retail and commercial banking, global investment management, investment banking, insurance, investment activities, and securities trading operations.

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