IGC, F, DD, SWI, BP, LMT, CIT, MMM, AIG, EL

This group of stocks are mainly over $5 in share price, but several lower-priced issues are thrown in the mix (APPY and IBCP).  These are stocks that are in the news today…that you need to know about.

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Recently, my alert for ACGI was up over 400%. Try and do that with AIG! That is just one example of how my members can benefit from my penny stock tips.

India Globalization Capital Inc. (AMEX: IGC) is up 59.69% to $2.06 following the company’s announcement that it has signed a 5 year iron ore supply contract with a Chinese steel manufacturer. The contract is valued at approximately $160 million. (AMEX:IGC), ($IGC)

Ford Motor Company (NYSE: F) is down 6.22% to $13.56. The company has said it earned $2.1 billion in the first quarter compared to a loss of $1.4 billion in last year’s quarter, boosting its outlook for 2010. (NYSE:F), ($F)

E.I. du Pont de Nemours & Company (NYSE: DD) is down 2.52% to $39.92. The company has reported that its Q1 profit more than doubled to $1.14 billion, or $1.24 per share, up from $488 million, or 54 cents per share, a year earlier. Revenue surged 23% to $8.48 billion, up from $6.87 billion a year earlier. (NYSE:DD), ($DD)

SolarWinds Inc. (NYSE: SWI) is down 15.50% to $20.22. The company yesterday posted its performance for the Q1 ended March 31, 2010. Total revenue in the Q1 of 2010 was $34.3 million, a 43% year-over-year increase over total revenue in the first quarter of 2009. (NYSE:SWI), ($SWI)

BP plc (ADR) (NYSE: BP) is down 2.26% to $56.60. The company has reported strong results for its Q1, with profit rising to $6.08 billion from $2.56 billion during the same period a year ago. (NYSE:BP), ($BP)

Lockheed Martin (NYSE: LMT) is down 1.57% to $84.58. The company has announced a $1.5 million contract award for its lightweight KEN armor. (NYSE: LMT), ($LMT)

CIT Group Inc. (NYSE: CIT) is up 0.47% to $40.89. The company has reported that it swung to a Q1 profit after emerging from bankruptcy. (NYSE:CIT), ($CIT)

3M Company (NYSE: MMM) is up 0.63% to $87.99. The company has posted higher-than-expected profit for its Q1 and lifted its sales and profit forecasts for the full year, citing strong demand for electronics for autos and health-care products. (NYSE:MMM), ($MMM)

American International Group Inc. (NYSE: AIG) is down 9.59% to $40.24 following a ratings downgrade by KBW. (NYSE:AIG), ($AIG)

The Estee Lauder Companies Inc. (NYSE: EL) is down 7.07% to $65.03. The company has reported quarterly revenue that fell short of analysts’ estimates. The company also handed in a full-year outlook that disappointed. (NYSE:EL), ($EL)