AONE

More Life for A123

A123 Systems Inc. (NASDAQ: AONE) is up on financing news this morning, but it is still hard to get excited about penny stocks in bankruptcy. The lithium iron phosphate battery ...
Read Full Story »

A123 Stock Soaring — to $0.19

Shares of A123 Systems Inc. (NASDAQ: AONE) have jumped more than 50% (again) today after one of the company’s lenders and shareholders, China’s Wanxiang Group Corp., said it would waive ...
Read Full Story »

24/7 Wall St. Closing Bell — October 19, 2012: Markets Dominated by Sellers Today (VZ, NVDA, GOOG, NOK, SNDK, MCD, COF, CMG, MSFT, RVBD, BHI, HON, KSU, SLB, EW, CAT, FCX, HAS, BTU, STI, VF, AMD, MRVL, AONE)

The three major U.S. stock indexes opened lower this morning, but the blame goes to some poor earnings report from U.S. firms rather than to international news. European markets were ...
Read Full Story »

Fight in Store over Bankrupt Battery Maker

Bankrupt U.S. battery maker A123 Systems Inc. (NASDAQ: AONE) today got permission from the U.S. Bankruptcy Court to use $15.5 million of “debtor-in-possession” financing from a total of $72.5 million ...
Read Full Story »

Media Digest (10/17/2012) Reuters, WSJ, NYT, FT, Bloomberg

Apple Inc. (NASDAQ: AAPL) supplier Foxconn says an underage worker was used at one of its facilities. (Reuters) Intel Corp.'s (NASDAQ: INTC) earnings raise more concern about PC sales. (Reuters) ...
Read Full Story »

A123 Files for Bankruptcy

After filing a “going concern” letter earlier today with the SEC, U.S. battery maker A123 Systems Inc. (NASDAQ: AONE) later announced that it had sold its automotive business assets to ...
Read Full Story »

Media Digest (8/9/2012) Reuters, WSJ, FT, Bloomberg

News Corp. (NASDAQ: NWS) takes a $2.85 billion write-down, mostly on its publishing properties, as it prepares to spin them off. (Reuters) Standard Chartered pushes back on allegations about money ...
Read Full Story »

24/7 Wall St. Closing Bell — August 8, 2012: Markets Get No Energy Today (CBST, RAX, TSLA, PAY, GRPN, DMD, GEVO, PCLN, SZYM, AONE, ANR, CG, CSC, DF, DISH, HFC, M, WFR, RL, AFFY, CTL, CLR, EDMC, JACK, KGC, MNST, AUY, AAP, AMCX, CDTI, HSH, JRCC, RGLD, WEN, DF, SIRI, OWW)

The three major US stock indexes opened lower this morning following on softness in European markets and a mixed close in the Asian markets. There has been little data for ...
Read Full Story »

24/7 Wall St. Closing Bell — August 7, 2012: Markets Do Instant Replay of Yesterday

The three major US stock indexes opened higher this morning on a report from Europe that German chancellor Angela Merkel now backs bond buying by the European Central Bank.Even a ...
Read Full Story »

A123 Falters on Secondary Offering

Advanced battery maker A123 Systems Inc. (NASDAQ: AONE) said this morning that it will raise about $39 million through a sale of shares and warrants to institutional investors combined with ...
Read Full Story »

24/7 Wall St. Closing Bell — June 13, 2012 (JPM, AAPL, CHK, JNJ, MCD, PETM, CASY, OSH, JVA, KFY, LUB, KR, PIR, SFD, WGO, DELL, AONE, ARNA)

The three major US stock indexes opened lower this morning following European markets where equities also traded lower this morning. US data related to retail sales (our coverage here) and ...
Read Full Story »

Analyst’s Comments Rain on A123’s Parade

Shares of A123 Systems Inc. (NASDAQ: AONE) rose more than 50% yesterday on the company’s announcement of a new battery technology. While there is substantial promise in the new technology, ...
Read Full Story »

24/7 Wall St. Closing Bell — June 12, 2012 (AAPL, HFC, LULU, BA, BX, KORS, FSNR, FDS, GAME, COOL, KFY, LUB, ZNGA, AONE, FSLR)

The three major US stock indexes opened higher this morning as despite weak data from the UK and higher debt yields on Eurozone sovereign debt. Spanish 10-year bonds rose to ...
Read Full Story »

A123 Jumps on Technology Announcement (AONE, ENS, XIDE, JCI, MXWL, GM, TM, NSANY, F, TSLA)

US lithium-ion battery maker A123 Systems Inc. (NASDAQ: AONE) has definitely had a rough year. Shares are down about -72%, making it the worst performer out of US battery makers ...
Read Full Story »

Who to Believe: A123 or A123? (AONE, GM, NSANY)

Just last week, A123 Systems Inc. (NASDAQ: AONE) filed a notice with the US SEC regarding the company’s ability to continue as a “going concern.” Nothing much has changed for ...
Read Full Story »