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Benzinga's Top Pre-Market NASDAQ Losers (CSCO, ASTI, CLNE, RINO)
Thursday, November 11, 2010 - 8:33am | 125Cisco Systems Inc (NASDAQ: CSCO) dipped 16.54% to $20.44 in the pre-market session. CSCO issued a weak revenue forecast. Ascent Solar Technologies Inc (NASDAQ: ASTI) lost 8.77% to $4.16 in the pre-market session. ASTI has announced its plans for a secondary offering of shares. Clean Energy Fuels...
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Rolls for Breakfast 11-10-2010
Wednesday, November 10, 2010 - 5:54pm | 996Cusick's Corner Yesterday's pullback felt more like profit taking than a negative reaction to any data release or headline. The Claims data for both new and existing dropped, resulting in an early morning pullback that gave some strategists the opportunity to reposition. One way to reposition in...
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Clean Energy Fuels Announces Amendment and Exercise of Common Stock Warrant
Wednesday, November 10, 2010 - 4:40pm | 119Clean Energy (Nasdaq: CLNE) today announced that it has entered into an amendment to a Series I warrant to purchase 1,183,712 shares of its common stock. Such warrant was originally issued in connection with Clean Energy's registered direct securities offering, which closed on November 3, 2008....
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Clean Energy Fuels Announces Public Offering of 3M Shares
Wednesday, November 10, 2010 - 4:23pm | 75Clean Energy (Nasdaq: CLNE) today announced that it intends to offer, subject to market and other conditions, three million shares of its common stock for sale to the public. Clean Energy expects to grant the underwriters a 30-day option from the date of the final prospectus supplement to purchase...
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Jefferies Raises Price Target On Verenium (VRNM)
Wednesday, November 10, 2010 - 7:18am | 99Jefferies & Co. raised its price target on Verenium Corp. (NASDAQ: VRNM) to $3.50 from $2.90, but is maintaining its Hold rating. This comes after Verenium reported earnings that missed expectations. In a note to clients, Jefferies writes, "Management reiterated guidance for product revenue of...
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Valero Board Member to Step Down
Tuesday, November 9, 2010 - 4:47pm | 45Valero Energy Corporation (NYSE: VLO) today announced that board of directors member Irl Engelhardt has decided to step down from the board at the end of this year to devote more time to his other business interests.
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Verenium Reports Financial Results for the Third Quarter 2010: Loss Per Share of $0.19
Tuesday, November 9, 2010 - 4:33pm | 110Verenium Corporation (Nasdaq: VRNM), a pioneer in the development and commercialization of high-performance industrial enzyme solutions, today reported a summary of recent Company highlights and financial results for the third quarter of 2010. "I am pleased with the significant progress made across...
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Genesis Energy, L.P. Completes Public Offering of 5.175M Units
Tuesday, November 9, 2010 - 12:25pm | 147Genesis Energy, L.P. (NYSE: GEL) announced today that it has completed its previously announced underwritten public offering of common units. Including the overallotment option, which was exercised in full by the underwriters, the Partnership sold a total of 5,175,000 common units at $23.58 per...
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WNR Reports Another Solid Quarter - Analyst Blog
Tuesday, November 9, 2010 - 8:30am | 665Oil refiner and marketer Western Refining Inc. (WNR) reported better-than-expected third quarter results, buoyed by higher refining margins and gains from cost saving initiatives, partially offset by lower refinery throughput. Earnings per share, excluding special items, came in at 13 cents,...
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WNR Reports Another Solid Quarter - Analyst Blog
Tuesday, November 9, 2010 - 8:30am | 665Oil refiner and marketer Western Refining Inc. (WNR) reported better-than-expected third quarter results, buoyed by higher refining margins and gains from cost saving initiatives, partially offset by lower refinery throughput. Earnings per share, excluding special items, came in at 13 cents,...
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Clean Energy Fuels Revenue Climbs 46% (CLNE)
Monday, November 8, 2010 - 4:59pm | 264Seal Beach, California based Clean Energy Fuels Corp. (Nasdaq: CLNE) released financial results on Monday after the market closed. Clean Energy Fuels Corp announced that its 3rd quarter net loss narrowed to $1.8 million, or 3 cents per share, from a net loss of $18.5 million, or 31 cents per share...
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Republic Services and Clean Energy Sign Renewable Biomethane Recovery Agreement
Monday, November 8, 2010 - 4:17pm | 223Leading solid waste operator Republic Services, Inc. (NYSE: RSG) has signed a renewable biomethane recovery agreement with Clean Energy Fuels Corp. (Nasdaq: CLNE) to process and sell renewable natural gas recovered from Republic's Sauk Trail Hills Landfill site in Canton, Michigan. Clean Energy...
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Clean Energy Fuels Reports Revenue Rose 46% to $45.7 Million for the Third Quarter Ended September 30, 2010: Loss Per Share of $0.10
Monday, November 8, 2010 - 4:06pm | 193Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced operating results for the third quarter and nine months ended September 30, 2010. Revenue for the quarter ended September 30, 2010 rose 46% to $45.7 million, from $31.2 million for the third quarter of 2009. For the nine months ended September...
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Unconfirmed Rumors that Tesoro Corporation (TSO) may be up for sale price tag Low 20s
Monday, November 8, 2010 - 1:28pm | 22Unconfirmed Rumors that Tesoro Corporation (TSO) may be up for sale price tag Low 20s..
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ETFs For Oil's Rise That Aren't Energy-Specific Funds
Monday, November 8, 2010 - 2:40am | 438Oil's on the rise again. Last week, JPMorgan Chase and Bank of America Merrill Lynch we could see a return to $100 per barrel for the first time since the onset of the financial crisis. Beyond that, the Commodities Futures Trading Commission said bullish bets on oil prices from hedge funds,...