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Corning Inc (NYSE:GLW) announced the official opening of a new state-of-the-art manufacturing and distribution facility for Corning Life Sciences in China's Yangtze River Delta. The grand opening ceremony was held just over a year after Corning's Board of Directors approved the approximately $40 million (USD) capital expenditure plan in July 2010.

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Regal Beloit Corporation (NYSE:RBC) announced the closing of the acquisition of the Electrical Products Company (EPC) from A.O. Smith Corporation (NYSE:AOS). The China portion of the EPC acquisition was closed into escrow pending customary administrative approvals in China which are expected shortly.

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Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.

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Fortune's Best stocks for 2008

Posted by Guru on January 17th, 2008

This is Jake Berzon of Odesskiy Listok's take on Fortune Magazines Best Best Stocks for 2008.

Annaly (NLY) – This company used to be on my watch list. It is a rather volatile stock that is in the current at-risk business (Fannie Mae and Freddie Mac are private companies), whose stock appreciated while all of the financials depreciated – so it is bigger gamble than I am willing to take.

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