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Jefferies Downgrades SunPower To Hold, Lowers PT To $19
Wednesday, June 8, 2011 - 4:52am | 28Jefferies & Company has downgraded SunPower Corporation (NASDAQ: SPWRA) from Buy to Hold and has lowered the price target from $26 to $19.
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Stock Trade Ideas for Wednesday, June 08
Tuesday, June 7, 2011 - 4:15pm | 1992( click to enlarge ) Canadian Solar Inc. (NASDAQ:CSIQ) shares gained more than 7 percent, closing near its highs of the day on strong volume. It broke past its 20-day moving average but found resistance at its 50-day moving average. Look for the stock to open up strong tomorrow but keep a...
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CitronResearch Reiterates Negative View on Harbin Electric
Tuesday, June 7, 2011 - 2:20pm | 389CitronResearch.com has updated its negative view on Harbin Electric (NASDAQ: HRBN) with additional commentary and research. The full report can be found online via Citron's website. The original alert from Benzinga can be found here. Harbin Electric stock immediately fell after the report was...
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Acuity Brands Awarded Premier Healthcare Alliance Contract
Tuesday, June 7, 2011 - 7:31am | 205Acuity Brands (NYSE: AYI) has announced it has received a 3-year contract to supply luminaires and lighting solutions to Premier Purchasing Partners, L.P., the group-purchasing unit of the Premier healthcare alliance (“Premier”). Premier is a collaborative alliance of healthcare facilities with an...
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Auriga Discontinues Coverage on SunPower
Tuesday, June 7, 2011 - 6:49am | 40Auriga discontinues coverage on SunPower (NASDAQ: SPWRA), due to the analyst departing from Auriga. Auriga's final rating was sell with a $13 PT. Shares of SPWRA closed Monday at $20.84, down 0.53% from Friday's close.
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Auriga's Discontinued Coverage 6/7
Tuesday, June 7, 2011 - 6:32am | 163Auriga has discontinued coverage on the following companies due to the analyst's departure: JinkoSolar (NYSE: JKS) Power-One (NASDAQ: PWER) Daqo New Energy (NYSE: DQ) Hanwha SolarOne (NASDAQ: HSOL) First Solar (NASDAQ: FSLR) Canadian Solar (NASDAQ: CSIQ) Advanced Energy Industries (NASDAQ...
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Piper Jaffray Lowers PT On Hollysys Automation To $10
Tuesday, June 7, 2011 - 5:32am | 27Piper Jaffray has lowered the price target on Hollysys Automation (NASDAQ: HOLI) from $12.50 to $10 and maintains its Neutral rating.
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Axiom Capital Puts Sell on Suntech Power Holdings
Tuesday, June 7, 2011 - 5:19am | 96Axiom Capital puts Sell on Suntech Power Holdings (NYSE: STP). In a research report published today, Axiom Capital states, "While the Street appears to be taking STP at its word on both: (1.) high-single digit QoQ ASP degradation in C2Q11, & (2.) low-single digit QoQ growth in shipments, with...
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Today's Shorts Snapshot 06-06-2011
Monday, June 6, 2011 - 5:32pm | 993Cusick's Corner The market has broken down and while we are at potential congestion levels/support levels, the shorts are not covering at this stage. Right now the market is seeing volatility start to move and this is a point where you could see stocks get into a range, especially now that we are...
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Calls Purchased on FuelCell Energy, Inc.
Monday, June 6, 2011 - 1:44pm | 123Shares of FuelCell Energy, Inc. (NASDAQ: FCEL) are higher on the session by 2.29%, currently trading at $1.79. The stock has been moving largely lower over the past six months, though it is currently trading above the 50-day moving average. Options traders are buying calls on the name today. A...
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Audax Group Announces Sale of Northern Digital
Monday, June 6, 2011 - 11:29am | 135Audax Group announced it has completed the sale of Northern Digital to Roper Industries, Inc. (NYSE: ROP). Based in Waterloo, Ontario, with additional operations in Germany and China, NDI is a developer and manufacturer of optical and electromagnetic technology for image-guided surgical, industrial...
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Advanced Battery Spiking over 10% on Contract
Monday, June 6, 2011 - 10:19am | 85Advanced Battery Technologies (Nasdaq: ABAT) announced that on June 1, 2011 it had signed, through its subsidiary—Wuxi Zhongqiang Autocycle Co., Ltd., a sales contract with Wuxi Hao Jie Vehicle Co., Ltd. The sales contract is for 24,000 electric vehicles, which include E Bikes and scooters, for a...
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Advanced Battery Contracts to Deliver 24,000 Electric Vehicles
Monday, June 6, 2011 - 10:18am | 161Advanced Battery Technologies (Nasdaq: ABAT) announced that on June 1, 2011 it had signed, through its subsidiary—Wuxi Zhongqiang Autocycle Co., Ltd., a sales contract with Wuxi Hao Jie Vehicle Co., Ltd. The sales contract is for 24,000 electric vehicles, which include E Bikes and scooters, for a...
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Friday's Top Performing Small Cap Stocks (AIRM, CASC, ZQK, SOLR, IPSU)
Monday, June 6, 2011 - 9:38am | 727Small cap technology stocks might gain some investor attention this week because of two events that are likely to generate significant buzz. First up is Apple's rollout at its World Wide Developers Conference (WWDC) of iCloud, the next generation of its music...
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Friday's Top Performing Small Cap Stocks (AIRM, CASC, ZQK, SOLR, IPSU)
Monday, June 6, 2011 - 9:38am | 727Small cap technology stocks might gain some investor attention this week because of two events that are likely to generate significant buzz. First up is Apple's rollout at its World Wide Developers Conference (WWDC) of iCloud, the next generation of its music...