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First Solar Soaring On DOE Loan Guarantee
Thursday, June 30, 2011 - 12:33pm | 145First Solar, Inc. (NASDAQ: FSLR) shares are soaring after the company announced this morning that it had won loan guarantees worth $4.5 billion from the U.S. Department of Energy for three of its biggest power plants in California. The loan guarantees will allow First Solar to sharply lower the...
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Top Narrow Based Indexes For June 30
Thursday, June 30, 2011 - 10:51am | 195By 11:47 am, the Dow Jones Industrial Average was up 140.88 points, or 1.15%, to 12,402.30, while the broader Standard & Poor's 500 index had surged 12.56 points, or 0.96%. The NASDAQ composite index rose 32.54 points, or 1.19%. Some of the narrow based indexes that are driving the markets...
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Benzinga's Volume Movers
Thursday, June 30, 2011 - 10:40am | 155RIT Technologies Ltd (NASDAQ: RITT) shares surged 50.29% to $10.25 at 11:38 am. The volume of RITT shares traded was 1361% higher than normal. RITT received several major new orders from one of its largest customers, a top-tier diversified financial services company. First Solar Inc (NASDAQ: FSLR...
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Biggest Gainers and Losers as of 10:30 AM
Thursday, June 30, 2011 - 9:46am | 152Gainers: Incitec Pivot (PINK: ICPVF) is trading up over 18% after appointing a new board member. Edenred (PINK: EDNMF) is trading up near 8.50%. First Solar(NASDAQ: FSLR) is trading up over 8% after an announcement that the company is guaranteed billions of dollars in loans from the government...
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United States Offers $4.5B Loan Guarantee For Three Solar Plants; First Solar Trading over 9% Higher
Thursday, June 30, 2011 - 9:31am | 32These loan guarantees support projects by First Solar (NASDAQ: FSLR). At the time of posting, shares of FSLR were at $141.15, up 9.4% from Wednesday's close.
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11 Stocks to Watch: Lloyds, First Solar
Thursday, June 30, 2011 - 9:19am | 138(TheStreet) -- London-based Lloyds (NYSE: LYG) plans to cut 15,000 jobs in an effort to save 1.5 billion pounds ($2.4 billion) a year by 2014. HSBC (NYSE: HBC) said it will cut 700 jobs across the U.K. as the banking giant braces for changes in financial services regulations that could weaken...
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Spire Expands its Solar Representation to South Korea
Thursday, June 30, 2011 - 9:01am | 91Spire Corporation (Nasdaq: SPIR) today announced that JEIS Holdings Co., Ltd. of Ansan-City, Gyeonggi-do, South Korea will represent Spire Corporation's solar products and services throughout the country. “The Korean solar industry has been on the rise for many years,” said Roger G. Little,...
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Advanced Battery Announces $10M Share Repurchase Program
Thursday, June 30, 2011 - 8:32am | 77Advanced Battery Technologies (Nasdaq: ABAT) announced that its Board of Directors today unanimously approved a share repurchase program that authorizes the Company to repurchase up to $10 million of the Company's common stock in the open market. Purchases will be made at the discretion of...
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Oppenheimer Maintains Perform on Acuity Brands
Thursday, June 30, 2011 - 7:51am | 132Oppenheimer is out with its report today on Acuity Brands (NYSE: AYI), maintaining Perform. In a note to clients, Oppenheimer writes, "AYI produced solid top-line performance, with over 12% top-line growth, including over 8% organic (price and volume), with earnings roughly in line, as growth...
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China BAK Successfully Passes Samsung Factory Audit
Thursday, June 30, 2011 - 7:14am | 250China BAK Battery (NASDAQ: CBAK) today announced that the Company's Shenzhen production facility successfully passed an audit conducted by Samsung, a prerequisite for the use of the Company's prismatic lithium ion battery cells in Samsung cell phones. In May 2011, a Samsung factory audit team...
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Benzinga's Top Pre-Market NASDAQ Gainers
Thursday, June 30, 2011 - 7:10am | 122First Solar Inc (NASDAQ: FSLR) shares advanced 6.86% to $138.30 in the pre-market session. Analysts at Avian initiated coverage of FSLR with a “positive” rating. eBay Inc (NASDAQ: EBAY) shares advanced 4.67% to $32.30 in the pre-market session. Analysts at Citigroup upgraded eBay from “hold” to “...
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Hollysys Automation Technologies to Provide Its Ground-Based High-Speed Rail Signaling System to Panjin-Yingkou Line
Thursday, June 30, 2011 - 7:09am | 127Hollysys Automation Technologies (Nasdaq: HOLI) announced today that it has signed a contract to supply its ground-based high-speed rail signaling system to Panjin-Yingkou high-speed rail line with a designed traveling speed of 300 km/h and 107km in total length. The whole contract value is...
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Biggest Gainers and Losers in Pre-Market Trading
Thursday, June 30, 2011 - 6:58am | 249Gainers: US Airways (NYSE: LCC) is trading up near 12% after an agreement was announced yesterday with Greek airline Aegean. First Solar (NASDAQ: FSLR) is trading up near 6% after it was guaranteed 3 loans by the Department of Energy. Dendreon (NASDAQ: DNDN) is trading up near 2.50% after...
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Stock Watch List For Thursday
Wednesday, June 29, 2011 - 5:06pm | 996( click to enlarge ) McDonald's Corporation (NYSE:MCD) recorded a new high in today's session. Short-term outlook for the stock is bullish. Buy the stock in dips with a stop-loss at $81.85. The technical daily chart looks Bullish with both 20, 50 and 200 daily moving averages going up and...
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Stock Watch List For Thursday
Wednesday, June 29, 2011 - 5:06pm | 880( click to enlarge ) McDonald's Corporation (NYSE: MCD) recorded a new high in today's session. Short-term outlook for the stock is bullish. Buy the stock in dips with a stop-loss at $81.85. The technical daily chart looks Bullish with both 20, 50 and 200 daily moving averages going up and...