Electrical Components & Equipment

Usually, companies that carry no debt are rewarded with high stock prices. That is not the case with the companies listed below, as they seem to be flying under the radar – at least for the time being. The following companies have no debt on their balance sheets whose shares are trading near 52-...

According to J.P. Morgan, SunPower (NASDAQ: SPWRA) announced a tender offer by French oil giant Total yesterday for up to 60% of its outstanding shares. J.P. Morgan said that the offer price of $23.25/share represents a nearly 50% premium to the last closing price and would value SunPower at $2.3...

Auriga is maintaining its Sell rating and $13 price target on SunPower Corp. (NASDAQ: SPWRA) based on a newly formed partnership with Total S.A. (NYSE: TOT). Says Auriga, “We maintain our Sell rating and $13 target on shares of SunPower (SPWRA) after the Total (TOT, NR) tender offer was announced...

Jefferies & Company has raised the price target on SunPower (NASDAQ: SPWRA) from $22 to $26 and maintains its Buy rating.

France's Total (NYSE: TOT), Europe's second-largest oil company, said its first-quarter profit surged 35% to $4.6 billion as higher crude prices helped the company offset lost production in Libya. The company's first-quarter production fell 2 percent to 2.37 million barrels of oil equivalent a day...

Cusick's Corner The lack of follow through and leadership from critical sectors, Financials (XLF) & Tech (XLK), has left traders a bit on edge. Housing really was a boost to the market but not nearly enough to be the catalyst for further upside. The market has been able to finish in the green...

SunPower Corporation (NASDAQ: SPWRA) (NASDAQ: SPWRB) will resume trading at 4:45pm today. Earlier, SunPower announced a joint venture with Total Group. Click to see the headline here: Total Group Launches Friendly Tender Offer for up 60% of SunPower's Class A and B Shares for 23.25 per Share.

SunPower (Nasdaq: SPWRA) and Total today announced that the two companies have entered into a broad strategic relationship to shape the future of the solar industry. Total Group will launch a friendly tender offer through a wholly owned subsidiary for up to 60 percent of SunPower's outstanding...

Cusick's Corner The Base Metals sector (take DBB ETF for example) can be used as the canary in the coal mine. These metals -- Copper, Zinc and Aluminum are the backbone of a thriving economy and the ETF DBB is drifting to March lows. If there is weakness in Copper or the group in general, this...

Vital Images Inc (NASDAQ: VTAL) shares jumped 31.59% to create a new 52-week high of $18.66. Toshiba Medical Systems Co announced its plans to purchase VTAL for $273 million in cash. TPC Group Inc (NASDAQ: TPCG) shares gained 2.04% to touch a new 52-week high of $39.43. TPCG is scheduled to report...

Evergreen Solar Inc (NASDAQ: ESLR) shares lost 30.29% to $1.45 at 9:55 am. ESLR reported that Q1 shipments of solar panels declined 62% from the fourth quarter. Axcelis Technologies Inc (NASDAQ: ACLS) fell 23.69% to $1.90. ACLS reported its Q1 revenue at $93.2 million, down from $93.4 million in...

Evergreen Solar (NASDAQ: ESLR) pre-announced 1Q11 results and partial results of April. The company stated that due to the impact of a slowdown in solar demand, it was unable to sell more than $30 million of product in the first quarter. It also noted that after making a $10.5 million interest...

Stillwater Mining Company (NYSE:SWC)- Stillwater Mining Company is engaged in the development, extraction, processing, refining and marketing of palladium, platinum and associated metals (platinum group metals (PGMs)) from a geological formation in south central Montana known as the J-M Reef and...

J.P. Morgan is out with its report today on Evergreen Solar (NASDAQ: ESLR), maintaining Underweight. In a note to clients, J.P. Morgan writes, "Module shipments of 18MW, well below our estimate of 48.5MW illustrate the significant slowdown in solar PV demand that has occurred in Europe. ASPs of $1...

Pre-open movers US stock futures are slightly lower this morning, as investors are awaiting key gross domestic product data and earnings reports from several companies. Futures on the Dow Jones Industrial Average dropped 6 points to 12,635.00 and S&P 500 index futures fell 1.20 points to 1,349....