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J.P. Morgan Reiterates Bullish Stance On Veeco
Friday, December 17, 2010 - 10:57am | 104Following a round of checks across the LED supply chain, J.P. Morgan has reiterated its bullish stance on Veeco (NASDAQ: VECO) shares which are down roughly 20% on the week following poor TV sales data from Best Buy (NYSE: BBY) and a competitor downgrade in recent days. “We believe both of these...
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Arizona Public Service, SunEdison Announce Construction of Solar Power Plant in Arizona
Friday, December 17, 2010 - 9:15am | 73SunEdison, a subsidiary of MEMC Electronic Materials Inc. (NYSE: WFR), and Arizona Public Service Co. today announced construction of a utility-scale photovoltaic solar power plant located two miles north of the Prescott Regional Airport. SunEdison will own and operate the plant with APS...
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Oppenheimer Downgrades RBCN To Perform
Friday, December 17, 2010 - 8:06am | 40Analysts at Oppenheimer downgrade Rubicon Technology Inc (NASDAQ: RBCN) from “outperform” to “perform.” RBCN shares rose 0.23% to close at $21.55 yesterday. More Analyst Ratings here
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Photronics Announces Death of Board Member Willem D. Maris
Thursday, December 16, 2010 - 5:43pm | 62Photronics, Inc. (NASDAQ: PLAB) announced that Willem D. Maris, who was a member of its board of directors, died on Monday, December 13th. Maris, 71, served as a director of the company since 2000 and was a member of the board's nominating committee. Photronics plans to initiate a search to replace...
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XEL-WFR to Build Solar Project - Analyst Blog
Thursday, December 16, 2010 - 4:30pm | 734Southwestern Public Service Company, a unit of Xcel Energy Inc. (XEL), and SunEdison, a subsidiary of MEMC Electronic Materials Inc. (WFR), announced the start of construction at one of the sites of the five-site solar project coming up in New Mexico. The ground-breaking event for the 54...
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XEL-WFR to Build Solar Project - Analyst Blog
Thursday, December 16, 2010 - 4:16pm | 734Southwestern Public Service Company, a unit of Xcel Energy Inc. (XEL), and SunEdison, a subsidiary of MEMC Electronic Materials Inc. (WFR), announced the start of construction at one of the sites of the five-site solar project coming up in New Mexico. The ground-breaking event for the 54...
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Veeco Instruments Plunging (VECO)
Thursday, December 16, 2010 - 2:31pm | 134eeco Instruments Inc. (NASDAQ: VECO) is plunging, down more than 7% on heavy volume. The stock has traded more than 3.3 million shares today, whereas average volume is just over 2 million shares. The stock was downgraded yesterday by Citigroup, which sent the shares down a whopping 16%. It also...
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Veeco Instruments Chinese Comments -Rumor (VECO)
Thursday, December 16, 2010 - 1:26pm | 42Hearing cautious chatter about Veeco Instruments (NASDAQ: VECO) concerning Chinese official comments. At this time, rumors are unconfirmed, although shares of companies may see volatility in the near term even if rumors are unsubstantiated.
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Rubicon Technology Opens Sapphire Polishing Facility in Malaysia
Thursday, December 16, 2010 - 9:39am | 54Rubicon Technology, Inc. (NASDAQ: RBCN) today announced the opening of the company's first facility outside of the United States in Penang, Malaysia. The state-of-the-art facility will be responsible for the labor-intensive crystal polishing processes significantly expanding Rubicon's capacity for...
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Zacks #1 Rank Additions for Wednesday - Tale of the Tape
Wednesday, December 15, 2010 - 9:33am | 342Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Administaff Inc (ASF) Bio-Rad Labs Inc (BIO) Brady Corp (BRC) Cabela's Inc (CAB) Cabot Microelectro Corp (CCMP) View the entire Zacks #1 Rank List. ADMINISTAFF INC (ASF): Free Stock Analysis Report BIO-RAD LABS -A (BIO):...
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Benzinga's Top Pre-Market NASDAQ Losers (AIXG, VOD, CETV, GOLD)
Wednesday, December 15, 2010 - 9:21am | 113Aixtron Aktiengesellschaft (NASDAQ: AIXG) dipped 2.52% to $34.86 in the pre-market session. Analysts at Kaufman Bros downgraded AIXG from “buy” to hold.” Vodafone Group Plc (NASDAQ: VOD) lost 1.89% to $26.46 in the pre-market session. VOD's PEG ratio is 1.31. Central European Media Enterprises Ltd...
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Zacks #1 Rank Additions for Wednesday - Tale of the Tape
Wednesday, December 15, 2010 - 9:14am | 342Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Administaff Inc (ASF) Bio-Rad Labs Inc (BIO) Brady Corp (BRC) Cabela's Inc (CAB) Cabot Microelectro Corp (CCMP) View the entire Zacks #1 Rank List. ADMINISTAFF INC (ASF): Free Stock Analysis Report BIO-RAD LABS -A (BIO):...
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Stocks with Lots of Cash and No Debt
Wednesday, December 15, 2010 - 3:32am | 459Cash is king. If you don't believe it, look at Apple (AAPL), with more than $25 billion in cash. On top of that, the company is debt free. Maybe that is why the stock is up over 345% over the last five years. Many investors look for debt free stocks selling at or near cash per share. These are...
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Benzinga's Top ETF Gainers (TMV, DRV, FAZ, SOXS)
Tuesday, December 14, 2010 - 7:10pm | 199Direxion Daily 30-Year Treasury Bear 3X Shares (NYSE: TMV) jumped 4.08% on Tuesday, and it closed at $47.03. TMV had a volume of 1.69M traded shares, and its average volume is 1.02M traded shares. Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) traded 3.33% higher on the weakness in the real...
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Veeco Instruments Downgraded By Citigroup, Falls 14.6% (VECO) (C)
Tuesday, December 14, 2010 - 3:58pm | 166Shares of Veeco Instruments Inc. (Nasdaq: VECO) are currently down 14.6% at $42.70 per share during Tuesday afternoon trading. The company's shares plunged after Citigroup, Inc. (NYSE: C) downgraded the stock from a rating of Buy to a rating of Hold. Today's trading range for shares of Veeco...