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Benzinga's Top Upgrades
Thursday, July 7, 2011 - 8:08am | 139Analysts at HSBC Securities upgraded Trina Solar Limited (NYSE: TSL) from “underweight” to “overweight.” TSL's shares closed at $20.26 yesterday. Trina Solar's PEG ratio is 0.32. Analysts at UBS upgraded ASML Holding NV (NASDAQ: ASML) from “neutral” to “buy.” ASML's shares closed at $36.94...
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Bank of America Lowers PO On Tessera To $19
Thursday, July 7, 2011 - 7:38am | 27Bank of America has lowered the price objective on Tessera (NASDAQ: TSRA) from $21 to $19 and maintains its Neutral rating.
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Jusung Engineering and MEMC Announce High Efficiency Solar Cell Production Strategic Partnership
Wednesday, July 6, 2011 - 5:04pm | 67Jusung Engineering and MEMC Singapore Pte, an affiliate of MEMC Electronic Materials, Inc. (NYSE: WFR), announced today a strategic partnership agreement to build and operate a high-efficiency solar cell production facility. The strategic partnership will be a 50/50 joint venture between Jusung...
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Tessera Technologies Sees Q2 Revenues of $71M vs. $75.5-78.5M Prior
Wednesday, July 6, 2011 - 4:21pm | 155Tessera Technologies, Inc. (Nasdaq: TSRA) today announced preliminary total revenues of approximately $71 million for the second quarter ended June 30, 2011. This compares to the previous second quarter 2011 guidance of between $75.5 million and $78.5 million in total revenues. Non-GAAP operating...
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Options Brief: Veeco Instruments
Wednesday, July 6, 2011 - 1:18pm | 72Shares of Veeco Instruments (NASDAQ: VECO) are lower on the session by 5.04%, trading at $44.83. Overall call volume is now running at 2.59x the daily average, with 50% of all calls traded being purchases on the offer. 5,860 contracts have traded on the session so far. Veeco Instruments Inc....
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Wednesday's Put/Call Ratio Leaders
Wednesday, July 6, 2011 - 12:58pm | 80Here are today's Put/Call Ratio leaders… 1. ASML Holding NV (NASDAQ: ASML) 2,718 puts, 5 calls 2. Jarden Corp. (NYSE: JAH) 6,934 puts, 21 calls 3. Yanzhou Coal Mining (NYSE: YZC) 3,038 puts, 34 calls 4. HealthSouth Corp. (NYSE: HLS) 2,972 puts, 58 calls 5. Cardinal Health Inc. (NYSE: CAH) 3,323...
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Advanced Energy Industries' Holiday Bump
Wednesday, July 6, 2011 - 11:37am | 417Advanced Energy Industries (NASDAQ: AEIS) saw a large move in its stock price over the last few days. After trading at around the $15 mark, the holiday weekend saw it plunge towards $13. The performance of its renewables business drove its lower than expected Q2 revenue. Results were impacted by...
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Puts Purchased on Kulicke and Soffa Industries
Wednesday, July 6, 2011 - 11:19am | 123Shares of Kulicke and Soffa Industries (NASDAQ: KLIC) are lower on the session by 1.58%, currently trading at $11.20. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A...
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Options Brief: ASML Holding
Wednesday, July 6, 2011 - 10:53am | 77Shares of ASML Holding (NASDAQ: ASML) are lower on the session by 2.15%, trading at $36.94. Overall put volume is now running at 7.80x the daily average, with 6% of all puts traded being purchases on the offer. 1,678 contracts have traded on the session so far. ASML Holding N.V. is a holding...
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Benzinga's Top Pre-Market NASDAQ Losers
Wednesday, July 6, 2011 - 8:53am | 104DragonWave Inc (NASDAQ: DRWI) dipped 7.44% to $5.85 in the pre-market session. DRWI announced the resignation of its vice-president of worldwide sales Brian McCormack. Aixtron SE (NASDAQ: AIXG) dropped 4.36% to $31.79 in the pre-market trading. AIXG's PEG ratio is 6.92. OmniVision Technologies...
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UPDATE: Citi Lowers PT on Advanced Energy Industries to $16
Wednesday, July 6, 2011 - 8:10am | 118Citi is out with its report today on Advanced Energy Industries (NASDAQ: AEIS), lowering its PT from $18 to $16. In a note to clients, Citi writes, "While AEIS is better positioned in the solar market due to its strong US market exposure and higher technology content in its inverter product, it is...
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Citigroup Lowers PT On Advanced Energy Industries To $16
Wednesday, July 6, 2011 - 7:24am | 27Citigroup has lowered the price target on Advanced Energy Industries (NASDAQ: AEIS) from $18 to $16 and maintains its Hold rating.
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Goldman Sachs Neutral On Advanced Energy Industries
Tuesday, July 5, 2011 - 1:08pm | 145Goldman Sachs has a Neutral rating and a $14 price target on shares of Advanced Energy Industries, Inc. (NASDAQ: AEIS), as the company pre-announced guidance. In a note to clients, Goldman writes, "Advanced Energy negatively revised its 2Q11 guidance as panel price declines are leading to project...
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Advanced Energy Industries Trading over 10% Lower after Lowering Guidance
Tuesday, July 5, 2011 - 9:37am | 85Advanced Energy Industries, Inc. (Nasdaq: AEIS) today updated its outlook for the quarter ended June 30, 2011. Based on preliminary financial data, the company now expects to report revenue between $137 million and $140 million for the second quarter of 2011, below the range of $148 million to $160...
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Advanced Energy Lowers Its Outlook for the Second Quarter of 2011
Tuesday, July 5, 2011 - 8:31am | 211Advanced Energy Industries, Inc. (Nasdaq: AEIS) today updated its outlook for the quarter ended June 30, 2011. Based on preliminary financial data, the company now expects to report revenue between $137 million and $140 million for the second quarter of 2011, below the range of $148 million to $160...