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Notable Call Options Activity in UQM Technologies
Thursday, August 25, 2011 - 10:58am | 88Shares of UQM Technologies (AMEX: UQM) are higher on the session by 6.86%, currently trading at $1.87. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the March 2012...
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Valence Technology Receives $7.2M Order from Electric Vehicles International for UPS Trucks
Thursday, August 25, 2011 - 8:04am | 34Valence Technology, Inc. (NASDAQ: VLNC) today announced a $7.2 million purchase order from Electric Vehicles International to deliver lithium phosphate batteries for use in 100 UPS delivery vehicles.
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Earnings Roundup
Thursday, August 25, 2011 - 8:02am | 969Hormel Foods Corp (NYSE: HRL) reported a 15% rise in its fiscal third-quarter net income and raised its full-year earnings forecast. Hormel reported its quarterly earnings at $98.5 million, or $0.36 per share, up from $85.4 million, or $0.32 per share, in the year-ago period. Its revenue climbed 10...
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UPDATE: Collins Stewart Downgrades China Sunergy to Neutral
Thursday, August 25, 2011 - 7:35am | 100Collins Stewart is out with its report today on China Sunergy (NASDAQ: CSUN), downgrading CSUN to Neutral from Buy. In its report, Collins Stewart writes, "Our revised forecast calls for CSUN to basically breakeven over the next four quarters, and we therefore can no longer recommend the shares...
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UPDATE: Energy Conversion Devices Reports Wider Fourth-Quarter Loss
Thursday, August 25, 2011 - 7:24am | 56Energy Conversion Devices Inc (NASDAQ: ENER) reported a wider Q4 loss. Energy Conversion posted a quarterly net loss of $42.1 million, or $0.84 per share, versus a loss of $20.9 million, or $0.49 per share, in the year-ago period. Its revenue dropped 15% to $73.1 million. Energy Conversion shares...
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Financial Breakfast for August 25, 2011
Thursday, August 25, 2011 - 6:47am | 609This is your Benzinga news summary and traders' outlook for Thursday, August 25, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading slightly higher. At last check, Dow futures are up about 25 points and...
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Benzinga's Top Downgrades
Thursday, August 25, 2011 - 6:40am | 117Collins Stewart downgraded China Sunergy Co Ltd (NASDAQ: CSUN) from “buy” to “neutral.” CSUN's shares closed at $1.23 yesterday. China Sunergy's trailing-twelve-month profit margin is 2.87%. United Therapeutics Corporation (NASDAQ: UTHR) was downgraded by Auriga from "hold" to "sell." UTHR's...
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Collins Stewart Downgrades China Sunergy to Hold
Thursday, August 25, 2011 - 6:14am | 19Collins Stewart downgrades China Sunergy (NASDAQ: CSUN), to Hold from Buy.
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Collins Stewart Downgrades China Sunergy To Neutral, Lowers PT To $1.60
Thursday, August 25, 2011 - 6:09am | 27Collins Stewart has downgraded China Sunergy (NASDAQ: CSUN) from Buy to Neutral and has lowered the price target to $1.60.
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Energy Conversion Devices to Divest Battery Business
Thursday, August 25, 2011 - 6:03am | 191Energy Conversion Devices (Nasdaq: ENER) CEO Knoll, "At the same time, we recognize the urgent need to improve our competitiveness now and for the future in response to fundamental shifts in market dynamics and are therefore focused on our strategic corporate restructuring to reduce cost,...
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Earnings Scheduled For August 25
Thursday, August 25, 2011 - 3:00am | 586Krispy Kreme Doughnuts Inc (NYSE: KKD) is expected to report its Q2 EPS at $0.06 on revenue of $92.26 million. Hormel Foods Corporation (NYSE: HRL) is estimated to report its Q3 EPS at $0.35 on revenue of $1.87 billion. Shoe Carnival Inc (NASDAQ: SCVL) is projected to report its Q2 EPS at $0.30...
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Harbin Electric Responds to a Blog Posting Today; Expects Die-Hard Short Sellers to Try to Create Opportunities to Make Money
Wednesday, August 24, 2011 - 1:35pm | 206Harbin Electric, Inc. (NASDAQ: HRBN) today responded to allegations made by a blog posting today. "As I have mentioned before, we fully expected that die-hard short sellers would continue to try and create opportunities to make money for themselves to the detriment of the large community of loyal...
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Monday's NASDAQ Gainers: Edgewater Technology, Hollysys Automation Technologies, Travelzoo, Urban Outfitters
Wednesday, August 24, 2011 - 11:22am | 423Edgewater Technology (NASDAQ: EDGW) Moves 13% POINT ROBERTS, Aug. 23, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 22, 2011. Edgewater Technology was the biggest percentage winner in Monday's...
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Tuesday's NASDAQ Top Percentage Gainers: Universal Display, Fossil, Perfect World, JA Solar
Wednesday, August 24, 2011 - 10:54am | 408Universal Display Corporation (NASDAQ: PANL) Gains 17% POINT ROBERTS, Aug. 24, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 23, 2011. Universal Display Corporation led the top percentage...
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Barrington Reiterates Outperform on Regal-Beloit
Wednesday, August 24, 2011 - 8:39am | 106Barrington is out with its report today on Regal-Benoit (NYSE: RBC), reiterating Outperform. In its report, Barrington writes, "We reiterate our OUTPERFORM rating following the AOS EPC acquisition. We continue to believe that RBC is an attractive investment due to the low valuation relative to the...