-
Top 4 Small-Cap Stocks In The Heavy Construction Industry With The Highest Operating Margin
Wednesday, May 25, 2011 - 11:41pm | 131Below are the top small-cap heavy construction stocks on the NYSE, the NASDAQ and the AMEX in terms of operating margin. The trailing-twelve-month operating margin at Preformed Line Products Company (NASDAQ: PLPC) is 11.00%. PLPC's ROE for the same period is 15.35%. The trailing-twelve-month...
-
Chanos vs. China?
Wednesday, May 25, 2011 - 9:36pm | 2099Svea Herbst-Bayliss and Matthew Goldstein of Reuters report, Top hedge fund chiefs: short green tech, store gems: Bet against solar energy, says famed short seller James Chanos. Squirrel away gems, advises bond guru Jeffrey Gundlach. Go long on discount retailer Family Dollar, counsels...
-
Jim Chanos Circulating Negative Commentary Regarding Vestas Wind Systems From Ira Sohn
Wednesday, May 25, 2011 - 1:24pm | 105We are hearing reports that Kynikos Associates President Jim Chanos is circulating negative commentary about alternative energy, and in particular the Danish windpower company Vestas (PINK:VWDRY). Chanos claims that he is seeing evidence of Vestas pulling revenue ahead, as well as stiff...
-
Earnings Roundup For May 25
Wednesday, May 25, 2011 - 7:54am | 863Costco Wholesale Corp (NASDAQ: COST) reported a 5.9% rise in its fiscal third-quarter net profit on Wednesday. Costco reported its quarterly net profit at $324 million, or $0.73 per share, up from $306 million, or $0.68 per share, in the year-earlier period. Its revenue surged 16% to $20.19 billion...
-
Brean Murray Raises PT On GT Solar To $18
Wednesday, May 25, 2011 - 6:30am | 30Brean Murray Carret & Company has raised the price target on GT Solar International (NASDAQ: SOLR) from $15 to $18 and maintains its Buy rating.
-
UPDATE: Suntech Reports 54% Rise In Q1 Profit, Lowers Revenue Forecast
Wednesday, May 25, 2011 - 6:05am | 103Suntech Power Holdings Co Ltd (NYSE: STP) reported a 54% surge in its first-quarter profit, but lowered its full-year revenue projections. STP reported its quarterly net income at $31.9 million, or $0.17 per American Depository Share (ADS), up from $20.7 million, or $0.11 per ADS, in the year-ago...
-
Earnings Scheduled For May 25
Wednesday, May 25, 2011 - 12:29am | 424Polo Ralph Lauren Corp (NYSE: RL) is expected to post its Q4 earnings at $0.79 per share on revenue of $1.39 billion. Hormel Foods Corp (NYSE: HRL) is estimated to report its Q2 earnings at $0.40 per share on revenue of $1.82 billion. Netapp Inc (NASDAQ: NTAP) is estimated to post its Q4 EPS at...
-
Gilford Securities Maintains GT Solar Buy, Raises PT from $16 to $18
Tuesday, May 24, 2011 - 3:58pm | 96Gilford Securities maintained its GT Solar (NASDAQ: SOLR) Buy rating and raised its GT Solar price target from $16 to $18 in a research report published today. In the report, Gilford Securities states, "While there may be too many moving parts in GT Solar's estimates, we continue to see strong...
-
AMSC Announces CEO Transition
Tuesday, May 24, 2011 - 3:05pm | 228American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, today announced that Daniel P. McGahn, President andChief Operating Officer, has been appointed Chief Executive Officer and a member of the Board of Directors, effective June 1, 2011. Dan McGahn succeeds...
-
Wunderlich Securities Reiterates Buy on GT Solar
Tuesday, May 24, 2011 - 11:20am | 186Wunderlich Securities reiterated its Buy rating on GT Solar (NASDAQ: SOLR) after the company announced better than expected quarterly results. In a research report published today, Wunderlich named a new line of products as one of the drivers of strong Q1 performance. In the report, Wunderlich...
-
Benzinga's Volume Movers
Tuesday, May 24, 2011 - 9:28am | 156Perfect World Co Ltd (NASDAQ: PWRD) shares surged 12.19% to $26.87 at 10:25 am. The volume of PWRD shares traded was 395% higher than normal. PWRD reported upbeat Q1 profit. GT Solar International Inc (NASDAQ: SOLR) shares moved up 8.95% to $12.66. The volume of SOLR shares traded was 362% higher...
-
NASDAQ Stocks Hitting 52-Week Highs
Tuesday, May 24, 2011 - 9:17am | 154GT Solar International Inc (NASDAQ: SOLR) shares gained 11.10% to create a new 52-week high of $12.91. SOLR reported upbeat Q4 earnings and lifted its FY12 earnings forecast. Global Crossing Ltd (NASDAQ: GLBC) shares jumped 4.29% to create a new 52-week high of $31.61. GLBC announced its plans to...
-
Credit Suisse Lowers PT On Energy Conversion Devices To $1.50
Tuesday, May 24, 2011 - 7:16am | 28Credit Suisse has lowered the price target on Energy Conversion Devices (NASDAQ: ENER) from $2.50 to $1.50 and maintains its Neutral rating.
-
Benzinga's Top Pre-Market NASDAQ Gainers
Tuesday, May 24, 2011 - 7:12am | 136GT Solar International Inc (NASDAQ: SOLR) shares advanced 14.46% to $13.30 in the pre-market session. SOLR reported upbeat Q4 earnings and lifted its FY12 earnings forecast. Sify Technologies Limited (NASDAQ: SIFY) shares advanced 11.06% to $4.92 in the pre-market session. : SIFY announced their...
-
Rockwell Automation Acquires Lektronix
Tuesday, May 24, 2011 - 7:03am | 128Rockwell Automation, Inc. (NYSE: ROK) today announced it has purchased Lektronix, a leading independent industrial automation repairs and service provider in Europe and Asia, headquartered in Cannock, U.K. Lektronix provides automation repairs, spares and other maintenance services for most...