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UPDATE: JA Solar Holdings Reports Upbeat Q1 Profit
Tuesday, May 10, 2011 - 6:50am | 88JA Solar Holdings Co Ltd (NASDAQ: JASO) reported upbeat quarterly profit. The company reported its Q1 net income at $71.8 million, or $0.41 per American Depositary Share (ADS), versus $0.25 per ADS, in the year-ago quarter. The company's revenue surged to $556.4 million. However, analysts were...
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A Peek Into The Market Before The Trading Starts
Tuesday, May 10, 2011 - 6:33am | 376Pre-open movers US stock futures are higher this morning, as China reported stronger-than-expected trade surplus. Futures on the Dow Jones Industrial Average gained 48 points to 12,679.00 and futures on the S&P 500 stock index rose 6 points to 1,348.70. Nasdaq 100 futures surged 13.25 points to...
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Roper Industries to Acquire Northern Digital (ROP)
Tuesday, May 10, 2011 - 6:05am | 98Roper Industries, Inc. (NYSE: ROP) today announced that it has signed a definitive agreement to acquire Northern Digital, Inc., a leading provider of 3-D measurement technology for medical applications. Northern Digital will become part of Roper's medical platform. Headquartered in Waterloo,...
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Highpower Receives Lithium-Ion Battery Systems Order for Electric Wheelchairs and Golf Carts (HPJ)
Tuesday, May 10, 2011 - 6:01am | 77Highpower International, Inc. (NASDAQ: HPJ), a developer, manufacturer and marketer of nickel-metal hydride and lithium-ion batteries and related products, today announced that it has received an initial order for its lithium-ion battery systems through its newly established subsidiary Icon Energy...
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Wunderlich Securities Reiterates Hold and PT of $3.50 on Ener1 (HEV)
Tuesday, May 10, 2011 - 5:20am | 105Wunderlich Securities reiterated its Hold rating on Ener1 (NASDAQ: HEV). Its price target was also left unchanged at $3.50 as well. In a research report published today, Wunderlich stressed problems in Think Global automobile sales as the reason for its decision. In the report, Wunderlich states...
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Hearing China's Foton Motor Co. To Use China Bak Lithium-ion Batteries (CBAK)
Monday, May 9, 2011 - 12:52pm | 55Hearing China's Foton Motor Co. To Use China Bak (NASDAQ: CBAK) Lithium-ion Batteries http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.chinacar.com.cn%2Fkeche%2Ffutian_434%2FBJ6438EV3_134401.html...
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River Associates Investments Sells Coining Holding Company to AMETEK for $148M
Monday, May 9, 2011 - 9:52am | 49River Associates Investments, LLC announced today that it has sold its interest in Coining Holding Company to AMETEK, Inc (NYSE: AME) for $148 million, in a transaction that generated a gross internal rate of return of 76% and over 6x its original investment.
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UPDATE: Morgan Keegan Raises PT on Coleman Cable to $14 (CCIX)
Monday, May 9, 2011 - 9:03am | 94Morgan Keegan is out with its report today on Coleman Cable (NASDAQ: CCIX), raising its PT from $10 to $14. In a note to clients, Morgan Keegan writes, "We are now forecasting adjusted EPS of $0.32 on revenue of $198.4 million for 2Q11. Looking long-term, we still like CCIX as a small-cap value...
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Morgan Keegan Comments On Coleman Cable Incorporated Following Recent Earnings Release
Monday, May 9, 2011 - 8:56am | 164Coleman Cable Incorporated (NASDAQ: CCIX) reported an adjusted 1Q11 EPS of $0.37 on revenue of $205.8 million. After adjusting for share-based compensation, Morgan Keegan estimates earnings from operations was $0.33 in the quarter, ahead of its estimate for $0.21 on revenue of $199 million and...
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Morgan Keegan Comments On Coleman Cable Incorporated Following Recent Earnings Release
Monday, May 9, 2011 - 8:56am | 164Coleman Cable Incorporated (NASDAQ: CCIX) reported an adjusted 1Q11 EPS of $0.37 on revenue of $205.8 million. After adjusting for share-based compensation, Morgan Keegan estimates earnings from operations was $0.33 in the quarter, ahead of its estimate for $0.21 on revenue of $199 million and...
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United Solar Announces Order from India's JSW Green Energy (ENER)
Monday, May 9, 2011 - 8:14am | 107United Solar, the leading global manufacturer of flexible, thin-film solar laminates and a wholly owned subsidiary of Energy Conversion Devices, Inc. (Nasdaq: ENER), announced today an order for 500 kilowatts of its UNI-SOLAR® laminates from JSW Green Energy, a 100% subsidiary of JSW Energy Ltd. of...
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Wunderlich Comments On SunPower 1Q11
Monday, May 9, 2011 - 7:46am | 78According to Wunderlich, SunPower (NASDAQ: SPWRA) announced last Thursday night that French oil giant, Total SA (TOTF.PA-NR), was making a friendly tender offer for 60% of SPWRA shares for approximately $23.25 each. Wunderlich said that, concurrent with that announcement, the company pre-announced...
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Ametek Acquires Coining Holding Company for $148M (AME)
Monday, May 9, 2011 - 7:04am | 17Ametek (NYSE: AME) Acquires Coining Holding Company for $148M
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Focus Chemicals Plastics and Rubber Stocks of The Day- HUN, CERP, CYT, WLK, EMN, POL, ALB, DOW, SHLM, LNDC, DSWL, KRA
Monday, May 9, 2011 - 4:23am | 1249Huntsman Corporation (NYSE:HUN) is trading at a price of $20.68 ,a dramatic change of 0.71 with % change of 3.56 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 4.98B. Huntsman Corporation and...
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Top Chemical Manufacturing Stocks pick to buy- FSI, VHI, SMG, LXU, TNH, SHI, BAK, CF, RTK, GRA, NANX…
Monday, May 9, 2011 - 3:45am | 1808Flexible Solutions International Inc. (AMEX:FSI) is trading at a price of $1.85,a dramatic change of 0.14 with % change of 8.19 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 24.36M. Flexible...