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Auriga Maintains Sell Rating On SunPower
Friday, May 13, 2011 - 7:30am | 262According to Auriga, SunPower Corp (NASDAQ: SPWRA) Sell rating is maintained. Auriga said that, while it recognizes the Total (NYSE: TOT) tender offer puts a bid under the stock, it still maintains the Sell-rating and $13 target for shares of SunPower. “We cannot recommend investors short the...
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Jefferies & Company Reports on SunPower (SPWRA)
Friday, May 13, 2011 - 7:23am | 131Jefferies & Company commented on SunPower (NASDAQ: SPWRA) in a report released today. In the report, Jefferies was positive in its outlook of the company. Jefferies writes, “SPWR reported Q1 in line with latest guidance. Large projects in Italy were delayed, and those that will not make the...
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CEOWORLD Top Semiconductors Stocks on 5/13/11- SPRD, DSTI, MSPD, TXCC, CREE, FSLR, SPA, MTSN, NVLS, NVDA, KBALB, ASYS…
Friday, May 13, 2011 - 7:17am | 1743Spreadtrum Communications Inc (SPRD) is trading at a price of $21.16, a dramatic change of 1.62 with % change of 8.29 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 340.49M DayStar Technologies...
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Citi's First Look at Evergreen Solar's FQ1:11
Friday, May 13, 2011 - 7:04am | 88Evergreen Solar Inc. (NASDAQ: ESLR) reported FQ1:11 (Mar) non-GAAP rev/EPS of $35.3M/($1.19), “compared to our estimate of $33.8M/($0.61) and the Street at $35.3M/($0.93),” Citi reports. “The company pre-announced quarterly results back on April 27, so there were few surprises,” Citi writes. “As...
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UPDATE: Goldman Sachs Raises PT on SunPower to $21 (SPWRA)
Friday, May 13, 2011 - 6:33am | 85Goldman Sachs is out with its report today on SunPower (NASDAQ: SPWRA), raising its PT from $16.50 to $21. In a note to clients, Goldman Sachs writes, "Our 6-month PT of $21 (vs. $16.50 prior), which implies 2% downside potential, incorporates: (1) a DCF- and multiples-based fundamental value of $...
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Wunderlich Securities Reiterates Sell and PT of $0 on Evergreen Solar (ESLR)
Friday, May 13, 2011 - 5:22am | 185Wunderlich Securities maintained its Sell rating and price target of $0 on Evergreen Solar (NASDAQ: ESLR). In a research report published today, Wunderlich stressed weak demand for Evergreen's products as one of company's main problems. In the report, Wunderlich states, "Yesterday after the close...
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Wunderlich Securities Reiterates Sell and PT of $16 on SunPower Corporation (SPWRA)
Friday, May 13, 2011 - 5:10am | 170Wunderlich Securities reiterated its Sell rating on SunPower Corporation (NASDAQ: SPWRA). In a research report published today, Wunderlich left its price target unchanged at $16 as well, after SunPower reported Q1 results in line with its expectations. Wunderlich stressed that SunPower's shares...
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CEOWORLD Top Technology Stocks on 5/13/11- DVOX, CLRO, VRTU, DWCH, ADAT, DMRC, UNXL, ARTX, PKT, PANL…
Friday, May 13, 2011 - 4:38am | 1776DynaVox Inc. (DVOX) is trading at a price of $7.89, a dramatic change of 1.84 with % change of 30.41 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 74.03M ClearOne Communications Inc. (CLRO) is...
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SunPower Corporation Falls on Q1 Results (SPWRA)
Thursday, May 12, 2011 - 3:16pm | 182Shares of SunPower Corporation (NASDAQ: SPWRA) are trading lower in the after-hours following the release of its Q1 earnings results. Currently, shares are off by 1.36%, trading at $21.09. They closed the regular session higher by 0.09%, at $21.38. SunPower Corporation reported Q1 EPS of $0.15 on...
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SunPower Misses Estimates, Shares Down (SPWRA)
Thursday, May 12, 2011 - 3:16pm | 80Shares of SunPower Corp (NASDAQ: SPWRA) are down 1.5% in after-hours, after the solar power equipment provider reported disappointing earnings. The company reported earnings of 15 cents per share on revenues of $451.4 million. Wall Street expected earnings of 17 cents per share on $480.46 million...
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Earnings Preview: SunPower (SPWRA)
Thursday, May 12, 2011 - 12:58pm | 178SunPower (NASDAQ: SPWRA) is set to report earnings tonight after the bell, and Wall Street will be listening to what the solar company has to say about the health of the industry, in light of economic concerns primarily in Europe. At last check, shares of SunPower were off 1 cent to $21.35 on over...
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Morning Market Losers (BIDZ, LGL, CLWR, PSTR)
Thursday, May 12, 2011 - 9:43am | 133Bidz.com Inc (NASDAQ: BIDZ) shares dropped 15.33% to $1.27 at 10:40 am. BIDZ reported an 11.7% y/y decline in its Q1 net sales. LGL Group Inc (The) (AMEX: LGL) dipped 14.00% to $11.30. LGL reported a 15.7% y/y fall in its Q1 revenue. Clearwire Corporation (NASDAQ: CLWR) shares moved down 11.21%...
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Options Brief: Yingli Green Energy Holding Company (YGE)
Thursday, May 12, 2011 - 9:38am | 83Shares of Yingli Green Energy Holding Company (NYSE: YGE) are lower on the session by 0.09%, trading at $10.86. Overall put volume is now running at 4.27x the daily average, with 2% of all puts traded being purchases on the offer. 2,550 contracts have traded on the session so far. Yingli Green...
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Morning Market Movers (BASI, DVOX, QTWW, NSYS)
Thursday, May 12, 2011 - 9:16am | 136Bioanalytical Systems Inc (NASDAQ: BASI) jumped 26.34% to $2.35 at 10:10 am. BASI reported its Q2 net income of $0.10 per share, compared with a loss of $0.25 per share. DynaVox Inc (NASDAQ: DVOX) shares advanced 24.63% to $7.54. DVOX reported a 1.0% y/y increase in its Q3 net sales. Quantum...
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UPDATE: Wedbush Lowers PT on Canadian Solar to $10 (CSIQ)
Thursday, May 12, 2011 - 7:09am | 104Wedbush is out with its report today on Canadian Solar (NASDAQ: CSIQ), lowering its PT from $11 to $10. In a note to clients, Wedbush writes, "We are NEUTRAL on Canadian Solar shares as we expect the company may slightly lag some other Chinese manufacturers on reducing costs. While we expect the...