Electrical Components & Equipment

Piper Jaffray has upgraded Canadian Solar (NASDAQ: CSIQ) from Underweight to Neutral and has established an $8 price target.

Valence Technology, Inc. (NASDAQ: VLNC) prevailed in the appeal of a patent infringement lawsuit regarding the Company's carbothermal reduction technology. The Canadian lawsuit was filed against Phostech Lithium, Inc. on January 31, 2007. Valence received a favorable judgment by the Trial Court...

JA Solar Holdings Co (NASDAQ: JASO) swung to a second-quarter loss and lowered its full-year sales volume guidance. JA Solar reported a quarterly loss of CNY228.9 million ($35.4 million), or CNY1.39 (22 cents) an American Depositary Share (ADS), versus earnings of CNY196.2 million, or CNY1.20 (19...

Yingli Green Energy Holding Company Limited (NYSE: YGE) which markets its products under the brand "Yingli Solar", announced today that its U.S. subsidiary, Yingli Green Energy Americas, Inc., has been selected by Lincoln Renewable Energy, LLC to deliver 10 megawatts AC of Yingli Solar modules for...

Piper Jaffray is out with a research report on AO Smith Corp. (NYSE: AOS) and it has an Overweight rating and a $52 price target on shares. In a note to clients, Piper Jaffray writes, "Yesterday A.O. Smith announced an agreement with the DOJ on the sale of their electrical motor business to...

Dollar Tree Inc (NASDAQ: DLTR) is projected to report its Q2 EPS at $0.75 on revenue of $1.55 billion. Sears Holdings Corporation (NASDAQ: SHLD) is estimated to post a Q2 loss at $0.46 per share on revenue of $10.13 billion. Gap Inc (The) (NYSE: GPS) is projected to report its Q2 EPS at $0.33 on...

B2B Internet HOLDRs (ETF) (NYSE: BHH) led the decliners among the ETFs on Wednesday, with a loss of 10.02%. BHH closed at $0.873, and it had a volume of 159K traded shares. Direxion Daily 30-Year Treasury Bear 3X Shares (NYSE: TMV) lost 5.00%, and it closed at $23.18. TMV closed its third...

Regal Beloit Corporation (NYSE: RBC) today announced that it has entered into an agreement with the U.S. Department of Justice which clears the way for the proposed acquisition of A. O. Smith's Electrical Products Company. Subject to receipt of final court approval, RBC anticipates closing the...

Staples Inc (NASDAQ: SPLS) reported a 36% rise in its fiscal second-quarter profit. Staples' quarterly profit surged to $176.4 million, or $0.25 per share, from $129.8 million, or $0.18 per share, in the year-ago period. Its sales climbed 5.2% to $5.82 billion. Excluding a $21 million tax refund,...

Citi is out with its report today on First Solar (NASDAQ: FSLR), maintaining Hold. In its report, Citi writes, "We continue to feel its project pipeline represents a big earnings hedge, particularly in '12 and '13, when FSLR should earn ~$12 and ~$13/share respectively. While this makes the stock...

Canadian Solar Inc (NASDAQ: CSIQ) reported strong rise in its second-quarter profit. Canadian Solar's quarterly net income jumped to $7.1 million, or $0.16 per share, from $3.2 million, or $0.07 per share, in the year-ago period. Its net revenue surged 47% to $481.8 million. However, analysts...

Auriga has published a research report on First Solar Inc (NASDAQ: FSLR) commenting on management departures. In the report, Auriga wrote, "We are concerned about the impending departure (effective September 30, 2011) of Jens Meyerhoff, President of Utility Systems Business Group (and former CFO)...

China Sunergy Co., Ltd. (NASDAQ: CSUN) to announces the signing of US$160 million in financing and credit facilities from China Development Bank to help fund its growth. The contracts with CDB were signed by China Sunergy's two domestic subsidiaries, China Sunergy (Nanjing) Co., Ltd. and CEEG (...

Auriga has lowered the price target on First Solar (NASDAQ: FSLR) from $168 to $154 and maintains its Buy rating.

According to a research report published by Axiom Capital, Jens Meyerhoff, former CFO and current President of the Utility Systems Business Group will be leaving First Solar (NASDAQ: FSLR) effective September 30, 2011.