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Anonymous Launches Operations Against Monsanto, Big Oil
Wednesday, July 13, 2011 - 9:13am | 971File this one under "no rest for the righteous". Fresh off the release of military and military-contractor info gained from Booz Allen Hamilton (NYSE: BAH), hacker/freedom-fighter group Anonymous announced two more operations today. One, #OpMonsanto, is a protest against Monsanto (NYSE: MON) to...
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UPDATE: Rodman & Renshaw Raises PT on Hollysys Automation Technologies to $14
Wednesday, July 13, 2011 - 7:30am | 80Rodman & Renshaw is out with its report today on Hollysys Automation Technologies (NASDAQ: HOLI), raising its PT from $12 to $14. In a note to clients, Rodman & Renshaw writes, "We reiterate our Market Outperform rating, raising our price target from $12 to $14, based on the shares...
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Benzinga's Top Pre-Market NASDAQ Gainers
Wednesday, July 13, 2011 - 7:19am | 110Harbin Electric Inc (NASDAQ: HRBN) shares advanced 8.62% to $18.90 in the pre-market session. HRBN's PEG ratio is 0.47. Clean Energy Fuels Corp (NASDAQ: CLNE) shares advanced 7.82% to $16.26 in the pre-market session. Analysts at Bank of America upgraded CLNE from “underperform” to “buy.” ADTRAN...
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JA Solar Appoints Min Cao to Succeed Anthea Chung as Chief Financial Officer
Wednesday, July 13, 2011 - 7:00am | 230JA Solar Holdings Co., Ltd., (Nasdaq: JASO) today announced that Mr. Min Cao will succeed Ms. Anthea Chung as JA Solar's chief financial officer. Ms. Chung is resigning from her position to pursue other opportunities. She will remain with the company through August 19, 2011, to assist with the...
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Piper Jaffray Reiterates Overweight and PT of $24 on GT Solar International
Wednesday, July 13, 2011 - 5:07am | 48Piper Jaffray reiterated its Overweight rating on GT Solar International (NASDAQ: SOLR). At the same time, Piper Jaffray left its price target on the company's stock unchanged at $24. On Tuesday, SOLR lost 9.04% of its value to end the day at $14.39.
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Stocks to Watch for Wednesday 07/13/11: Fresh 52 Week Highs and Lows
Tuesday, July 12, 2011 - 7:24pm | 1637Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to lowest): 1) Adventrx Pharmaceuticals (NYSE: ANX...
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Benzinga's Top ETF Decliners, July 12th (SOXL, KWT, AGA, EGPT)
Tuesday, July 12, 2011 - 6:37pm | 204Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) fell 8.54% today, and closed at $40.69. In the semiconductor space, Texas Instruments Incorporated (NYSE: TXN) lost 3.67%, Advanced Micro Devices, Inc. (NYSE: AMD) fell 4.88%, and Analog Devices, Inc. (NYSE: ADI) dropped 5.14%. Market...
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QE3 07-12-2011
Tuesday, July 12, 2011 - 5:25pm | 859Cusick's Corner The Fed notes came out, and QE3 now looks to be on the table, which catalyzed that the market specifically getting the Euro, E7U11, over $1.40 and the Dollar, DXU11, pulled back to the 76 level. But that was short lived when Moody's downgraded Irish debt, bringing yields in the...
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Options Brief: JA Solar Holdings
Tuesday, July 12, 2011 - 11:57am | 81Shares of JA Solar Holdings (NASDAQ: JASO) are lower on the session by 5.56%, trading at $4.42. Overall put volume is now running at 2.51x the daily average, with 64% of all puts traded being purchases on the offer. 4,271 contracts have traded on the session so far. JA Solar Holdings Co., Ltd....
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Small Alternate Energy Stocks Smoking Hot
Tuesday, July 12, 2011 - 11:45am | 157Small alternate energy stocks have been lighting up the night sky over the past few days. In the last few days, Quantum Fuel Systems Technologies (NASDAQ: QTWW) jumped from $4.30 to a high today of $5.88. In addition, Clean Diesel Technologies, Inc. (NASDAQ: CDTI) started to run today, jumping from...
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NASDAQ Stocks Hitting 52-Week Lows
Tuesday, July 12, 2011 - 9:21am | 138Spire Corporation (NASDAQ: SPIR) shares fell 0.87% to create a new 52-week low of $2.06. SPIR's trailing-twelve-month ROE is -38.94%. Manhattan Bridge Capital Inc (NASDAQ: LOAN) shares dropped 4.04% to create a new 52-week low of $1.21. LOAN shares have dropped 13.70% over the past 52 weeks, while...
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Collins Stewart Maintains Neutral on JA Solar
Tuesday, July 12, 2011 - 8:10am | 128Collins Stewart is out with its report today on JA Solar (NASDAQ: JASO), maintaining Neutral. In a note to clients, Collins Stewart writes, "We rate JASO at Neutral with a price target of $4.50 based on 5x P/E applied to our CY12 EPS forecast of $0.90. The level of competition in the highly...
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Orbit International's Power Group Receives Two New Orders Valued in Excess of $630,000
Tuesday, July 12, 2011 - 7:51am | 196Orbit International Corp. (NASDAQ: ORBT) today announced that its Power Group, through its Behlman Electronics, Inc. subsidiary, received two new orders with an aggregate value in excess of $630,000. The Company also reported that inclusive of these new orders, year-to-date bookings were 79% higher...
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Citi Maintains Hold on American Superconductor
Tuesday, July 12, 2011 - 7:41am | 91Citi is out with its report today on American Superconductor (NASDAQ: AMSC), maintaining Hold. In a note to clients, Citi writes, "We rate AMSC Hold/ Speculative (2S) with a $14 target. Because AMSC has two distinct businesses at very different phases of maturity, we have chosen a sum-of-parts...
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Jefferies Lowers PT On AMSC To $6
Tuesday, July 12, 2011 - 7:40am | 112Jefferies, citing major restatements, has significantly lowered its price target on American Superconductor (NASDAQ: AMSC) from $16 to $6. According to Jefferies, “On Mon. 7/11 after the close AMSC revealed it is restating revenues for the F2Q10 (Sept. 2010) and F3Q10 (Dec. 2010) quarters due to...