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Beacon Power Granted Key Patent for Frequency Regulation
Tuesday, August 30, 2011 - 6:06am | 55Beacon Power Corporation (Nasdaq: BCON) announced that it has been granted U.S. Patent No. 8,008,804 for "Frequency Regulation Using Flywheels." The patent covers the use of flywheel energy storage systems to provide frequency regulation on an electrical grid, which is the primary application for...
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A-Power Receives SEC Subpoena
Thursday, August 18, 2011 - 9:24am | 117-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) today announced that it was notified recently by the staff of the U.S. Securities and Exchange Commission ("SEC") that the SEC has initiated a formal, nonpublic investigation into whether the Company or any of its personnel violated the federal...
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Active Power Receives Multiple Powerhouse Order from HP
Tuesday, August 16, 2011 - 8:03am | 142Active Power (NASDAQ: ACPW) has received an order from HP for two containerized continuous power systems which will be deployed to support the HP POD 240a at a datacenter facility in Texas. The two PowerHouseTM systems are part of a complete modular datacenter and infrastructure deployment and one...
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UPDATE: Rodman & Renshaw Initiates Active Power at Market Perform
Friday, August 12, 2011 - 8:43am | 102Rodman & Renshaw is out with its report today on Active Power (NASDAQ: ACPW), initiating ACPW at Market Perform. In its report, Rodman & Renshaw writes, "We are initiating coverage on Active Power, Inc. with a Market Perform rating. ACPW ‘s flywheel based UPS has industry-leading...
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Rodman & Renshaw Initiates Active Power At Market Perform
Friday, August 12, 2011 - 6:36am | 23Rodman & Renshaw has initiated coverage on Active Power (NASDAQ: ACPW) with a Market Perform rating.
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Profiting from Swiss Threat to Peg Franc to the Euro and Impose Negative Interest Rates
Thursday, August 11, 2011 - 7:44am | 614Switzerland's central bank is considering further measures to keep the country's currency from appreciating any further. The Swiss National Bank (SNB) has already increased liquidity and reduced interests over the last week but has warned speculators that it considers the Swiss currency to be "...
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Beacon Power Awarded $5M State Grant for Flywheel Plant in Pennsylvania
Wednesday, August 10, 2011 - 7:38am | 130Beacon Power (NASDAQ: BCON) announced that it has been awarded a $5-million state grant toward construction of a 20-megawatt flywheel energy storage plant in Hazle Township, Pennsylvania. The Company received formal notice of the Redevelopment Assistance Capital Program grant award from the office...
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Rodman & Renshaw Reiterates Market Outperform and PT of $2.50 on Capstone Turbine
Wednesday, August 10, 2011 - 7:17am | 62Rodman & Renshaw reiterated its Market Outperform rating on Capstone Turbine (NASDAQ: CPST). At the same time, the rating agency left its price target on the company's stock unchanged at $2.50. On Tuesday, CPST added 9.65% to its value to end the day at $1.25. Its shares continued to climb in...
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Piper Jaffray Lowers PT On Satcon Technology To $2
Wednesday, August 10, 2011 - 7:02am | 27Piper Jaffray has lowered the price target on Satcon Technology (NASDAQ: SATC) from $4.50 to $2 and maintains its Overweight rating.
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UPDATE: Jefferies Reiterates Hold on Satcon Technology, Reduces PT to $1.50
Wednesday, August 10, 2011 - 6:46am | 47Jefferies reiterated its Hold rating on Satcon Technology (NASDAQ: SATC). At the same time, the rating agency reduced its price target on the company's stock from $2 to $1.5. On Tuesday, SATC added 11.72% to its value to finish the day at $1.43.
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Jefferies Lowers PT On Satcon Technology To $1.50
Wednesday, August 10, 2011 - 5:01am | 27Jefferies & Company has lowered the price target on Saton Technology (NASDAQ: SATC) from $2 to $1.50 and maintains its Hold rating.
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Earnings Scheduled For August 9
Tuesday, August 9, 2011 - 3:10am | 456AOL Inc (NYSE: AOL) is projected to report its Q2 earnings at $0.04 per share on revenue of $530.37 million. Beazer Homes USA Inc (NYSE: BZH) is estimated to post a FQ3 loss at $0.42 per share on revenue of $231.80 million. Walt Disney Company (The) (NYSE: DIS) is projected to report its FQ3 EPS...
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Swiss Stocks: The Last Haven?
Friday, August 5, 2011 - 5:01pm | 701With the US markets crashing, most European markets in turmoil, Japan stagnating, and other areas of the world suffering due to the worldwide recession, where is an investor to turn? The Swiss franc is skyrocketing, while the currency for the rest of Europe is tanking. Since Switzerland is known...
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Rodman & Renshaw Lowers PT on PowerSecure International to $8
Friday, August 5, 2011 - 8:25am | 79Rodman & Renshaw is out with its report today on PowerSecure International (NASDAQ: POWR), lowering its PT from $12 to $8. In its report, Rodman & Renshaw writes, "We've shifted our expectations for margin growth at a now lower pace, and have lowered our estimates to reflect such. We...
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Rodman & Renshaw Reiterates Market Outperform on PowerSecure International, Reduces PT to $8
Friday, August 5, 2011 - 8:02am | 44Rodman & Renshaw reiterated its Market Outperform rating on PowerSecure International (NASDAQ: POWR). At the same time, the rating agency reduced its price target on the company's stock from $12 to $8. On Thursday, POWR closed the day at $5.73.