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Canadian Solar Announces Partnership with Fulham Football Club
Monday, August 22, 2011 - 5:56am | 80Canadian Solar Inc. (NASDAQ: CSIQ) today announced a partnership agreement with Fulham Football Club, to become their official solar energy sponsor in a two year deal. The sponsorship deal will see the English Premier League team partner with one of the world's largest solar companies. The...
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UPDATE: Suntech Reports Wider Q2 Loss, Lowers Revenue Forecast
Monday, August 22, 2011 - 5:53am | 117Suntech Power Holdings Co Ltd (NYSE: STP) reported a wider second-quarter loss and lowered its revenue projections for the year. Suntech reported a quarterly loss of $259.5 million, or $1.44 per American depositary share (ADS), versus a year-ago loss of $174.9 million, or $0.97 per ADS, in the...
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US Stock Futures Signal Higher Start On Wall Street
Monday, August 22, 2011 - 5:20am | 300US stock futures are higher this morning. Futures on the Dow Jones Industrial Average surged 73 points to 10,893.00 and futures on the S&P 500 stock index rose 9.30 points to 1,132.80. Nasdaq 100 futures gained 22.00 points to 2,063.00. US stocks closed lower on Friday, with the Dow Jones...
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Auriga Upgrades SunPower To Hold, $14 PT
Monday, August 22, 2011 - 5:11am | 25Auriga has upgraded SunPower Corporation (NASDAQ: SPWRA) from Sell to Hold and has established a $14 price target.
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Top 4 Stocks In The Conglomerates Sector With The Highest Dividend Yield
Monday, August 22, 2011 - 2:54am | 121Below are the top conglomerates stocks on the NYSE and the NASDAQ in terms of dividend yield. 3M Company (NYSE: MMM) has a dividend yield of 2.90%. MMM's shares closed at $76.87 on Friday. Rayonier Inc (NYSE: RYN) has a dividend yield of 2.80%. RYN's shares closed at $57.77 on Friday. United...
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Ener1 Reports Receipt of NASDAQ Notification Letter
Friday, August 19, 2011 - 4:05pm | 232Ener1 (NASDAQ: HEV) today reported that it has received a letter from The NASDAQ Stock Market stating that it is not in compliance with Listing Rule 5250c1 because the Company did not timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2011. The NASDAQ letter was issued in...
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Maxim Maintains Yingli Green Energy Hold, Lowers PT
Friday, August 19, 2011 - 2:54pm | 102Maxim maintained its Yingli Green Energy (NYSE: YGE) Hold rating and lowered its Yingli Green Energy price target from $8 to $6 in a research report published today. In the report, Maxim states, "Also not to be lost amidst the pricing and margin compression is the quandary YGE faces with its...
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UPDATE: Yingli Green Reports Upbeat Q2 Profit
Friday, August 19, 2011 - 6:49am | 87Yingli Green Energy Holding Co Ltd (NYSE: YGE) reported upbeat second-quarter profit. Yingli Green's quarterly net income climbed to $58.1 million, or $0.36 per American depository share (ADS), up from $32.1 million, or $0.21 per ADS, in the year-ago period. Excluding one-time items, Yingli Green'...
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UPDATE: China Sunergy Reports Wider-Than-Expected Q2 Loss
Friday, August 19, 2011 - 6:17am | 102China Sunergy Co Ltd (NASDAQ: CSUN) reported a wider-than-expected Q2 loss. China Sunergy posted a quarterly net loss of $16.9 million, or $0.42 per American Depository Share (ADS), up from $13.8 million, or $0.33 per ADS, in the year-ago period. Its revenue climbed 22% to $144 million. However,...
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A. O. Smith Names Rajendra President, Chief Operating Officer
Friday, August 19, 2011 - 6:03am | 71A. O. Smith Corporation (NYSE: AOS) today announced that Ajita G. Rajendra has been named president and chief operating officer, effective Sept 1. Rajendra will be responsible for A. O. Smith's water heater operations in North America, China, Europe, and India as well as the company's water...
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Earnings Scheduled For August 19
Friday, August 19, 2011 - 2:50am | 157Hibbett Sports Inc (NASDAQ: HIBB) is projected to report its Q2 EPS at $0.19 on revenue of $151.61 million. Ann Inc (NYSE: ANN) is expected to report its Q2 EPS at $0.45 on revenue of $550.22 million. New York & Company Inc (NYSE: NWY) is estimated to post a Q2 loss at $0.15 per share on...
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Class Action Lawsuit Against Ener1
Thursday, August 18, 2011 - 5:10pm | 449Glancy Binkow & Goldberg LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York on behalf of a class consisting of all purchasers of the securities of Ener1(NASDAQ: HEV) between January 10, 2011 and August 15, 2011, inclusive. The...
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American Superconductor Receives NASDAQ Notification Letter
Thursday, August 18, 2011 - 3:30pm | 233American Superconductor Corporation (NASDAQ: AMSC) today announced it received a letter from the Listing Qualifications Department of the NASDAQ Stock Market advising the company that it is not in compliance with NASDAQ Listing Rule 5250(c)(1) due to its inability to file on a timely basis its...
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Spire Corporation Awarded Patent for Nano-PV Devices
Thursday, August 18, 2011 - 10:08am | 110Spire Corporation (Nasdaq: SPIR) announced today it has been awarded a patent for its invention of a nanophotovoltaic (Nano-PV) device which, when applied to biological cells such as cancer, can control and/or limit their growth. The United States Patent and Trademark Office has issued Spire...
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Earnings Roundup
Thursday, August 18, 2011 - 8:07am | 1563Tech Data Corp (NASDAQ: TECD) reported a 23% rise in its fiscal second-quarter earnings. Tech Data reported its quarterly profit at $50.1 million, or $1.10 per share, up from $40.9 million, or $0.82 per share, in the year-ago period. Its net sales surged 18% to $6.45 billion. However, analysts were...