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Ocean Power Technologies Reports Q3 Loss of $0.33 per share
Monday, March 14, 2011 - 4:09am | 69Ocean Power Technologies Inc (NASDAQ: OPTT) reported its Q3 loss at $0.33 per share, versus the expected loss of $0.30 per share. OPTT reported its Q3 revenue at $1.5 million, versus the consensus of $2.5 million. OPTT shares fell 1.80% to close at $4.92 on Friday. Read more from Benzinga's...
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PowerSecure Reports Fourth Quarter and Full Year 2010 Results
Thursday, March 10, 2011 - 4:20pm | 85PowerSecure International, Inc. (NASDAQ: POWR) today reported its fourth quarter and full year 2010 results. For the fourth quarter of fiscal 2010, the Company's GAAP revenues were $21.0 million, diluted E.P.S. from continuing operations was ($0.03), and diluted E.P.S. was $0.02. For the full...
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A-Power Receives Advance Payment of $8.97M for Thailand Biomass Power Plant
Tuesday, March 8, 2011 - 8:21am | 89A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR)today announced that it has received from Thailand's Biomass Electricity Co., Ltd. an advance payment of US$ 8.97 million that starts the implementation phase of a project to develop a 150 megawatt biomass-fueled power plant in the Prachinburi...
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Top 4 Large-Cap Stocks In The Industrial Electrical Equipment Industry With The Highest Revenue (ABB, ETN, NJ, ROK)
Tuesday, March 1, 2011 - 2:58am | 127Below are the top large-cap industrial electrical equipment stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at ABB Ltd (NYSE: ABB) is $31.59 billion. ABB's ROE for the same period is 18.19%. The trailing-twelve-month revenue at Eaton Corporation (NYSE: ETN)...
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Jefferies Reiterates Buy Rating On SATC
Wednesday, February 23, 2011 - 9:14am | 105Jefferies is reiterating its Buy rating on shares of Satcon Technology (NASDAQ: SATC). “Satcon reported in-line 4Q10 revenue but missed our and consensus GAAP EPS,” Jefferies writes. “Revenue was $72.6M, in line with our estimate of $73.0M, consensus of $74M, and guidance of $70-75M. GAAP EPS was...
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Piper Jaffray Lowers SATC Target From $6.75 To $6
Wednesday, February 23, 2011 - 7:41am | 26Piper Jaffray has lowered its PT on Satcon Technology (NASDAQ: SATC) from $6.75 to $6. Satcon Technology closed Tuesday at $4.83.
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Capstone Ups SATC To Buy
Tuesday, February 22, 2011 - 6:54am | 41Analysts at Capstone upgrade SatCon Technology Corporation (NASDAQ: SATC) from “hold” to “buy.” SATC shares gained 1.77% to close at $4.61 on Friday. More Analyst Ratings here
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Sterne Agee Expects Another Strong Year For Analog Devices, Raises PT To $47
Wednesday, February 16, 2011 - 9:07am | 246Sterne Agee has published a research report on Analog Devices (NYSE: ADI) after the company report 1Q11 revenues and EPS slightly ahead of analyst expectations. In the report, Sterne Agee writes "We believe 2011 will be another strong year for ADI, driven by strength from its key Industrial,...
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Active Power Falls 7.3% (ACPW)
Tuesday, February 15, 2011 - 3:44pm | 173Shares of Active Power, Inc. (Nasdaq: ACPW) are currently down 7.3% at $2.36 per share during Tuesday afternoon trading. Today's trading range for shares of Active Power, Inc has been between $2.28 and $2.64 per share. The consensus price target of analysts covering the company's stock is $2.50 per...
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PowerSecure Announces $10M of Smart Grid Power System and LED Lighting Awards
Tuesday, February 15, 2011 - 8:20am | 98PowerSecure International, Inc. (Nasdaq: POWR) today announced it has received $10 million of new awards for its Interactive Distributed Generation smart grid power systems, and LED lighting products. The new IDG System awards total $7 million, and include installations for a broad base of...
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Nanotechnology is Big Business
Sunday, February 13, 2011 - 4:20pm | 601The mathematical definition of 'nano' is one billionth; so for example, a nanosecond is one billionth of a second. Nanotechnology is the science of manufacturing and utilizing extremely small particles and devices, sometimes as small as single atoms and molecules. A nanometer is one-billionth of a...
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Emerson Underperforms Estimates - Analyst Blog
Tuesday, February 1, 2011 - 3:31pm | 799Emerson Electric Company (EMR) released its first quarter 2011 earnings results before the opening bell today, reporting earnings per share from continuing operation of 63 cents, below the Zacks Consensus Estimate of 65 cents. Earnings for the quarter were up 15% year over year. Total revenue...
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Emerson Underperforms Estimates - Analyst Blog
Tuesday, February 1, 2011 - 3:15pm | 799Emerson Electric Company (EMR) released its first quarter 2011 earnings results before the opening bell today, reporting earnings per share from continuing operation of 63 cents, below the Zacks Consensus Estimate of 65 cents. Earnings for the quarter were up 15% year over year. Total revenue...
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ABB Completes Baldor Acquisition - Analyst Blog
Monday, January 31, 2011 - 6:01pm | 418ABB Ltd. (ABB) recently completed its previously announced acquisition of a leading industrial motors company of North America, Baldor Electric Company, for $4.2 billion, including net debt of $1.1 billion. The transaction was initially announced on November 30, 2010. The acquisition helps in...
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ABB Completes Baldor Acquisition - Analyst Blog
Monday, January 31, 2011 - 5:51pm | 418ABB Ltd. (ABB) recently completed its previously announced acquisition of a leading industrial motors company of North America, Baldor Electric Company, for $4.2 billion, including net debt of $1.1 billion. The transaction was initially announced on November 30, 2010. The acquisition helps in...