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Earnings Scheduled For August 8
Monday, August 8, 2011 - 2:50am | 413Dollar Thrifty Automotive Group Inc (NYSE: DTG) is projected to report its Q2 EPS at $1.37 on revenue of $408.57 million. MGM Resorts International (NYSE: MGM) is projected to report a FQ4 loss at $0.13 per share on revenue of $1.59 billion. 99 Cents Only Stores (NYSE: NDN) is expected to...
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Wunderlich Securities Reiterates First Solar Hold, $118 PT
Friday, August 5, 2011 - 11:37am | 119Wunderlich Securities reiterated its First Solar (NASDAQ: FSLR) Hold rating and $118 price target in a research report published today. In the report, Wunderlich Securities states, "While the company lowered its full year guidance by $0.25, we are raising ours. Our estimates defined the low on the...
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Citron Research's Andrew Left Discusses Harbin Electric on CNBC
Friday, August 5, 2011 - 7:39am | 54Citron Research has been publishing bearish reports on Harbin Electric (NASDAQ: HRBN) in recent months. Citron Research's Andrew Left appeared on CNBC Thursday night to discuss the Chinese reverse-merger. Watch here.
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SunPower Announces New Solar Panel Manufacturing Facility in Mexico
Friday, August 5, 2011 - 7:02am | 105SunPower Corp. (NASDAQ: SPWRA) today announced plans to own and operate a solar panel manufacturing facility in Mexicali, Mexico to meet the demand of a growing North American solar market. SunPower plans to lease an existing building, which has up to 320,000 square feet of capacity. Today's...
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Benzinga's Top Pre-Market Losers
Friday, August 5, 2011 - 6:51am | 115Charles Schwab Corporation (The) (NYSE: SCHW) dipped 10.58% to $12.68 in the pre-market session. SCHW shares have dropped 8.10% over the past 52 weeks, while the S&P 500 index has gained 6.60% in the same period. First Solar Inc (NASDAQ: FSLR) lost 4.58% to $103.00 in the pre-market session....
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Citi Maintains Hold Rating On First Solar
Friday, August 5, 2011 - 6:40am | 72According to Citi, First Solar (NASDAQ: FSLR) Hold rating is maintained. Citi said that cut 2011 guide by ~$0.25, largely due to pricing pressure in merchant module business. “The effect of this lower merchant pricing assumption – with no change to the NPV of the earnings from the EPC pipeline –...
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Citigroup Lowers PT on First Solar To $120
Friday, August 5, 2011 - 5:29am | 26Citigroup has lowered the price target on First Solar (NASDAQ: FSLR) from $130 to $120 and maintains its Hold rating.
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Gilford Securities Reiterates Buy and PT of $18 on GT Solar
Friday, August 5, 2011 - 1:58am | 61Gilford Securities reiterated its Buy rating on GT Solar (NASDAQ: SOLR). At the same time, the rating agency left its price target on the company's stock unchanged at $18. On Thursday, SOLR lost 9.34% of its value to finish the day at $11.84. Its shares continued to slide in today's pre-market...
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SEC Begins Investigation into Harbin Electric -Financial Investigator
Thursday, August 4, 2011 - 9:17pm | 63The Securities and Exchange Commission has begun an investigation into Harbin Electric (NASDAQ: HRBN), The Financial Investigator has learned. The company received the SEC's notice late last month and is using its longtime law firm, New York-based Loeb & Loeb, to advise it. Read the full...
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Former Disposal Site Will Provide Clean Renewable Energy for Hawaii
Thursday, August 4, 2011 - 4:46pm | 97Forest City Hawaii and Hawaiian Electric Company have reached a power purchase agreement for up to one megawatt of solar photovoltaic power to be generated at the Kapolei Sustainable Energy Park in Kapolei, Oahu. Hoku Solar, a subsidiary of Hoku Corporation (NASDAQ: HOKU), will design and install...
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PG&E and Sempra Generation Contract for 150 MW of Renewable Power; First Solar Serve as Contractor
Thursday, August 4, 2011 - 1:02pm | 143Pacific Gas and Electric Company (NYSE: PCG) and Sempra Generation, a subsidiary of San Diego-based Sempra Energy (NYSE: SRE), announced today that they have entered into a 25-year contract for 150 megawatts of renewable power from an expansion of Sempra Generation's Copper Mountain Solar complex...
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Cleantech Energy Stocks Trading Alert; GE, Envision Solar, Wind Works Power, Evergreen Solar
Thursday, August 4, 2011 - 11:25am | 935Point Roberts WA - August 4, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks for 3rd Aug. Wind stock, Clean Wind Energy Tower Inc (OTCBB: CWET) ended the day flat at $0.24. The...
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Wednesday's NASDAQ Top Winners: Energy Focus, STARR Surgical, Silicon Image, Global Traffic Network
Thursday, August 4, 2011 - 9:43am | 532investors, reports on top percentage gainers on the NASDAQ for Aug. 03, 2011. In Wednesday's session, Energy Focus was the notable gainer, as the stock soared 45.24%. Energy Focus, Inc. (NASDAQ: EFOI) was the biggest gaineron Nasdaq and soared 0.190 (45.24%) to $0.610. U.S. Rep. Steven C....
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UPDATE: Energy Focus, Inc. Awarded $23 Million Supply Contract to Provide IntelliTube(TM) LED Lighting to the U.S. Navy
Thursday, August 4, 2011 - 9:11am | 104Energy Focus, Inc. (Nasdaq: EFOI) announced that it has been awarded a $23 million Navy supply contract to provide LED fixtures and its proprietary IntelliTube LED lamps for use on the U.S. Navy fleet. "EFOI's advances in LED technology will allow the Navy to save 50-90% of their lighting energy...
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Ener1 Announces Common Stock Purchase Agreement for up to $50M
Thursday, August 4, 2011 - 8:08am | 160Ener1, Inc. (NASDAQ: HEV) today announced that Aspire Capital Fund, LLC, an Illinois limited liability company, has purchased 2,325,581 shares of Ener1 common stock for $2,000,000. The per share purchase price was $0.86, which was the closing price on August 2, 2011. The investment represents the...