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Orbit International's Power Group Receives New $693,000 Order for Power Supply Used in Oil and Gas Exploration
Tuesday, June 14, 2011 - 7:46am | 154Orbit International Corp. (NASDAQ: ORBT) today announced that its Power Group, through its Behlman Electronics, Inc. subsidiary received a new order valued at $693,000 for a power supply used in oil and gas exploration. This is Behlman's third order for this power supply in 2011, bringing aggregate...
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ZBB Energy Signs Definitive Agreement to Raise $2.3 Million in Registered Direct Offering
Tuesday, June 14, 2011 - 7:44am | 183BB Energy Corporation (NYSE: ZBB) today announced that it has entered into a securities purchase agreement for a registered direct offering with several investors to sell a total of 2,780,439 shares of common stock, for gross proceeds of $2,279,960 before deducting placement agent fees and...
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Goldman Sachs Downgrades SunPower from Neutral to Sell
Tuesday, June 14, 2011 - 7:29am | 77According to a recent report, Goldman Sachs has downgraded SunPower (NASDAQ: SPWRA) from a Neutral rating to Sell. The downgrade is due to fundamental and technical risks that come after the expected close of Total's offer for 60% of SunPower. In the report, Goldman Sachs said, "Fundamentally –...
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Benzinga's Top Downgrades
Tuesday, June 14, 2011 - 7:24am | 138Analysts at Goldman Sachs downgraded SunPower Corporation (NASDAQ: SPWRA) from “neutral” to “sell.” SPWRA's shares closed at $21.27 yesterday. SunPower's trailing-twelve-month profit margin is 7.06%. Analysts at Needham downgraded Gerber Scientific Inc (NYSE: GRB) from “buy” to “hold.” GRB's...
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Benzinga's Top Pre-Market NASDAQ Gainers
Tuesday, June 14, 2011 - 7:10am | 120GT Solar International Inc (NASDAQ: SOLR) shares advanced 8.20% to $13.19 in the pre-market session. SOLR today celebrated the grand opening of its new state-of-the-art sapphire production facility located in Salem, Massachusetts. DryShips Inc (NASDAQ: DRYS) shares advanced 3.46% to $3.89 in the...
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GT Solar Completes Expansion of its Sapphire Manufacturing Facility
Tuesday, June 14, 2011 - 6:32am | 80GT Solar International, Inc. (NASDAQ: SOLR) today celebrated the grand opening of its new state-of-the-art sapphire production facility located in Salem, Massachusetts. The opening of the newly expanded plant concludes a project that began in the fall of 2010 that triples the sapphire production...
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Goldman Sachs Downgrades SunPower To Sell, Lowers PT To $14
Tuesday, June 14, 2011 - 5:12am | 28Goldman Sachs has downgraded SunPower Corporation (NASDAQ: SPWRA) from Neutral to Sell and has lowered the price target from $21 to $14.
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Market Needs Spinach 06-09-2011
Monday, June 13, 2011 - 2:00pm | 863Cusick's Corner Market is trying to garner strength but there is a lot of overhead resistance. News was a mixed bag today but the market has bounced back some, plus the VIX dropped again and is trading around 17. See you After Hours. Stock market averages are rebounding from six-days of losses...
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GT Solar Announces Multi-Year $3.75M Sapphire Material Contract with Exotic Electro-Optics
Monday, June 13, 2011 - 7:39am | 88GT Solar International, Inc. (NASDAQ: SOLR) today announced that its subsidiary, GT Crystal Systems LLC, has signed a multi-year contract valued at $3.75 million with Exotic Electro-Optics, Inc.,, a subsidiary of II-VI Incorporated (NASDAQ: IIVI). Under the terms of the contract, GT Crystal...
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Options Brief: JA Solar Holdings Co.
Friday, June 10, 2011 - 12:58pm | 82Shares of JA Solar Holdings Co. (NASDAQ: JASO) are lower on the session by 3.39%, trading at $4.98. Overall call volume is now running at 2.31x the daily average, with 89% of all calls traded being purchases on the offer. 4,079 contracts have traded on the session so far. JA Solar Holdings Co.,...
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8 Stocks With Significant Insider Buying
Friday, June 10, 2011 - 11:07am | 556Insider Monkey provides free insider trading and hedge fund holdings data. We believe insiders have an edge over other investors because insiders know more about their companies than do outsiders. That's why insiders aren't allowed to trade based on material non-public information. Most insiders...
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Green Car Stocks Trading News; What's Driving the Electric Car Market?
Friday, June 10, 2011 - 9:57am | 1184June 10, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com a leader in cleantech investor research, reports on green and electric car stocks trading for June 9th. Ford made headlines with its growth strategy for electric vehicles and its bullish outlook. According to the...
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Harbin Electric Initially Spiking over 15% Upon Trading Resumption
Friday, June 10, 2011 - 7:49am | 106Harbin Electric (NASDAQ: HRBN) today announced that its Board of Directors has received a letter from its Chairman and Chief Executive Officer, Mr. Tianfu Yang and Abax Global Capital reaffirming their proposal to acquire all of the outstanding shares of Common Stock of Harbin Electric not...
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Benzinga's Top Downgrades
Friday, June 10, 2011 - 7:24am | 144Analysts at HSBC Securities downgraded Rockwell Automation Inc (NYSE: ROK) from “overweight” to “neutral.” ROK's shares closed at $79.66 yesterday. Rockwell Automation's trailing-twelve-month ROA is 9.82%. Analysts at Bank of America downgraded Zale Corporation (NYSE: ZLC) from “buy” to “neutral...
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Harbin Electric, Inc. Announces Reaffirmation of 'Going Private' Proposal at $24.00 Per Share and Receipt of Financing Agreement With China Development Bank
Friday, June 10, 2011 - 7:01am | 282Harbin Electric (NASDAQ: HRBN) today announced that its Board of Directors has received a letter from its Chairman and Chief Executive Officer, Mr. Tianfu Yang and Abax Global Capital reaffirming their proposal to acquire all of the outstanding shares of Common Stock of Harbin Electric not...