Electrical Components & Equipment

Wedbush Securities has lowered the price target on Canadian Solar (NASDAQ: CSIQ) from $11 to $10 and maintains its Neutral rating.

Jefferies is out with its report today on Canadian Solar (NASDAQ: CSIQ), lowering its PT from $15 to $14. In a note to clients, Jefferies writes, "CSIQ delivered in-line operating results, but EPS missed due to $17M FX hedge loss. 100MW will be shipped in 2Q but recognized in 3Q, which points to a...

Yingli Green Energy Holding Company Limited (NYSE: YGE) which markets its products under the brand "Yingli Solar," announced today that one of its primary operating subsidiaries, Baoding Tianwei Yingli New Energy Resources Co., Ltd. has successfully completed its issuance of the second tranche 1.4...

Jefferies & Company has lowered the price target on Canadian Solar (NASDAQ: CSIQ) from $15 to $14 and maintains its Buy rating.

DryShips Inc (NASDAQ: DRYS) is projected to post its Q1 EPS at $0.16 on revenue of $234.12 million. Nordstrom Inc (NYSE: JWN) is projected to report its Q1 EPS at $0.66 on revenue of $2.22 billion. Animal Health International Inc (NASDAQ: AHII) is expected to post its FQ3 EPS at $0.10 on revenue...

Hudson Securities suspended coverage on the following companies, effective immediately: Albany International (NYSE: AIN), Ametek (NYSE: AME), A.O. Smith (NYSE: AOS), AZZ (NYSE: AZZ), Briggs & Stratton (OTC: BGG), Digital Ally (NASDAQ: DGLY), Franklin Electric (NASDAQ: FELE), Federal Signal (...

EnerSys (NYSE: ENS) announced today preliminary results for its fourth quarter of fiscal 2011, which ended on March 31st. Net earnings for the fourth quarter of fiscal 2011 are expected to be $30.1 million, or $0.59 per diluted share, including an unfavorable highlighted $0.16 per share impact...

Canadian Solar (NASDAQ: CSIQ) Affirms 2011 Shipments 1.2-1.3GW

Energy Focus, Inc. (Nasdaq: EFOI) today announced that its research and development team has recently been selected to receive $475,000 in increased Very High Efficiency Solar Cell Program funding. This work is directed toward fabricating and coating higher performance spectrum splitting mirrors...

SL Industries, Inc. (NYSE: SLI) announced that on May 6, 2011, it received notice from NYSE Amex LLC indicating that the Exchange had accepted the Company's plan of compliance with respect to its failure to hold an annual meeting of stockholders in 2010. As previously disclosed, the Company...

Audax Group today announced it has reached a definitive agreement to sell Northern Digital, Inc. 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...

Valence Technology, Inc. (NASDAQ: VLNC), a leading U.S.-based developer and manufacturer of advanced energy storage solutions, today announced the resignation of Ross Goolsby, Chief Financial Officer, effective June 3, 2011, to pursue other business opportunities. Donald E. Gottschalk, who joined...

STEC Inc (NASDAQ: STEC) dipped 12.81% to $17.50 in the pre-market session. STEC issued downbeat current-quarter projections. Ener1 Inc (NASDAQ: HEV) fell 8.16% to $2.25 in the pre-market session. MNKD reported wider-than-expected Q1 loss. HEV posted a widening Q1 loss. Star Scientific Inc (NASDAQ...

HSBC Securities upgraded Harmony Gold Mining Co Ltd (NYSE: HMY) from “underweight” to “neutral.” HMY's shares closed at $13.80 yesterday. HMY's PEG ratio is 0.82. Analysts at Goldman Sachs upgraded Johnson & Johnson (NYSE: JNJ) from “neutral” to “buy.” JNJ's shares closed at $65.76 yesterday....

Citi is out with its report today on Energy Conversion Devices (NASDAQ: ENER), lowering its PT from $2 to $1. In a note to clients, Citi writes, "We rate ENER Sell (3S) with a $1.00 target. Book value at the end of FQ3:11 (Mar) was ~$1.25 a share, but with continued losses on the horizon, this...