Posts for Ticker ‘LDK’

Next Week’s Top 10 Earnings on Deck (HPQ, TSN, CPB, LDK, TECD, BKS, BGP, JCG, DLTR, DE)

Earnings season has mostly wound down, but as always at least some major companies are reporting earnings.  Some are actually market-movers as well and it is a short week with earnings out only Monday and Tuesday, with a few on Wednesday.  On deck are Hewlett-Packard Company (NYSE: HPQ), Tyson Foods Inc. (NYSE: TSN), Campbell Soup Co. (NYSE: CPB), LDK Solar Co. Ltd. (NYSE: LDK), Tech Data Corp. (NASDAQ: TECD), Barnes & Noble, Inc. (NYSE: BKS), Borders Group, Inc. (NYSE: BGP), J. Crew Group, Inc. (NYSE: JCG), Dollar Tree Inc. (NASDAQ: DLTR), and Deere & Co. (NYSE: DE).

We have included estimates from Thomson Reuters, relative data on peers and recent developments, and relative performance on each where it was applicable.
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Posted on: November 20, 2009 – 1:19 pm in Calendar, Earnings, , , , , , , , , ,

Top Analyst Downgrades (CRZO, COH, LDK, SYNA, SJM)

These are this morning’s top analyst downgrades and cautious calls from Wall Street firms we have seen with about two hours until the market opens:

Carrizo Oil & Gas (CRZO) Cut to Neutral at SunTrust.
Coach (COH) Started as Neutral at UBS.
LDK Solar (LDK) Started as Underperform at BofA/Merrill Lynch.
Synaptics (SYNA) Cut to Underperform at Jefferies.
The J. M. Smucker Company (SJM) Started as Neutral at JPMorgan.

You can join our open email distribution list to get updates each morning on analyst upgrades and downgrades, top day trader alerts, IPO’s and secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG
OCTOBER 13, 2009

Posted on: October 13, 2009 – 7:47 am in Analyst Calls, , , , ,

Trina Solar Extends Contract; Suntech Completes Utility-Scale Solar Plant; LDK Solar Loses Ground (TSL, STP, LDK)

biotech

Chinese solar PV maker Trina Solar Ltd. (TSL) has announced a five-year contract extension with another Chinese company that produces polysilicon and solar wafers. Trina plans to use the materials to produce about 8,500 megawatts of solar modules over the next 13 years.

The original contract began in April 2008 and was to run for eight years. This extension does not change any terms of that contract; it adds five years beginning in 2016 at already agreed-upon volumes and prices, though a price adjustment is possible based on market prices. Read More »

Posted on: September 30, 2009 – 11:04 am in Alternative Energy, Green Biz, , ,

Top Day Trader Alerts (VG, WSM, TSTR, CPST, HGSI, MYGN, LDK, SIRI)

We are seeing some of the same players in the top day trader and active trader alerts, although we are also getting some new names in here as well.  There is a link to each piece for more detailed volume and price data and analysis over at VSInvestor.com:

Vonage Holdings Inc. (NYSE: VG) is hitting amazing trading after yesterday’s 100%+ gains and this morning we saw shares up sharply by yet another 39% to new 52-week highs….

Williams-Sonoma Inc. (NYSE: WSM) is hitting highs for 2009 on earnings and higher guidance.

TerreStar Corporation (NASDAQ: TSTR) is up on active volume this morning on no news…. this is an unusual volume mover considering how it trades.

Capstone Turbine Corporation (NASDAQ: CPST) is surging to recent highs on a new supply pact.

Human Genome Sciences Inc. (NYSE: HGSI) is trading up yet again, and on the same news…

Myriad Genetics Inc. (NASDAQ: MYGN) is up big on earnings and an upgrade.

LDK Solar Co., Ltd. (NYSE: LDK) is up big on news out of China.

SIRIUS XM Radio Inc. (NASDAQ: SIRI) seems to be losing momentum as the street awaits news, but we gave some recent day high-low levels for pivot points…

We apologize if some of the links are slow to load or if they time out.  Due to increased demand, we are making server upgrades this week as a result.  If you wish to be notified by email when the top day trader alerts hit, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more, you can join our open email distribution list which goes out several times per week.

-The 24/7 Wall Street Team

Posted on: August 26, 2009 – 9:10 am in Pre-Market Activity, Trading Alert, , , , , , , ,

Solar Stock Earnings Still Rough (JASO, SOL, FSLR, LDK)

solar-panel-picWith all the stimulus money in the U.S. supposedly heading toward alternative energy…. with all the boost from Chinese credits for solar…. with all the greenhouse gases and carbon emission regulation coming…. and with every nation wanting less dependence on foreign energy…. It is amazing how awful the earnings solar companies reported.  Sure there are some winners out there, but the reports from JA Solar Holdings Co., Ltd. (NASDAQ: JASO) and ReneSola Ltd. (NYSE: SOL) have shown again this morning how unexciting the earnings and expectations are for the sector after seeing nearly 50% drops in revenues.  This follows a somewhat disappointing report from industry leader First Solar, Inc. (NASDAQ: FSLR) and is ahead of the LDK Solar Co. Ltd. (NYSE: LDK) earnings report after the close of trading today.
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Posted on: August 12, 2009 – 11:56 am in Alternative Energy, Earnings, Green Biz, Trading Alert, , , ,

Solar Subsidy Realities Sink In (LDK, STP, TSL, CSUN, JASO)

Solar Panel PicThe excitement in solar shares yesterday is already being met by selling and quick profit taking this morning.  Yesterday’s news of the China subsidy that may bring in another 500-MW over the next two years or more may have more bark than bite.  Of course this is far from bad news.  But major players from China are giving back the gains as the realities of the news set in.  LDK Solar Co. Ltd. (NYSE: LDK), Suntech Power Holdings Co. Ltd. (NYSE: STP), Trina Solar Ltd. (NYSE: TSL), China Sunergy Co. Ltd. (NASDAQ: CSUN), and JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) are mostly lower.
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Posted on: July 22, 2009 – 9:32 am in ADR, Alternative Energy, China, Green Biz, Politics, , , , ,

Will China Subsidies Save Solar Stocks? (LDK, STP, TSL, CSUN, JASO, FSLR, WFR, SPWRA, ENER, SOLR, CSIQ)

Solar Panel PicIf you saw how solar power stocks ran up today, you might think it was tied to higher energy prices from last week.  But the news that that ran shares is that the Chinese government plans to offer what appears to be some rather high subsidies for solar projects.  Due to the sizes and location of the Chinese companies and the desire for China to help Chinese companies, it seems that LDK Solar Co. Ltd. (NYSE: LDK), Suntech Power Holdings Co. Ltd. (NYSE: STP), Trina Solar Ltd. (NYSE: TSL), China Sunergy Co. Ltd. (NASDAQ: CSUN), and JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) would be the largest beneficiaries.   Today is proof that many others can win outside of earnings news during earnings season.
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Posted on: July 21, 2009 – 5:09 pm in ADR, Alternative Energy, China, Green Biz, Politics, , , , , , , , , , ,

LDK Solar Chalks Up A Win In Italy (LDK)

Solar Panel PicLDK Solar Co., Ltd. (NYSE: LDK) has signed a new agreement with SAEM Srl, a primary system integrator within the PV sector, to build five one-megawatt PV plants in the Apulia region of Italy.  Construction will start in July and should be completed by November of this year. Under the pact, LDK Solar will supply wafers for the PV project and SAEM will be responsible for the engineering, procurement, and construction services and system integration.
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Posted on: July 1, 2009 – 7:44 am in ADR, Alternative Energy, Green Biz,

Short Sellers Pile Harder Into Large Solar Stocks (FSLR, STP, LDK, SPWRA, ENER, SOLR, JASO)

Solar Panel PicShort Selling looked higher in some of the key solar and alternative energy stocks.  Of the top 7 solar stock plays we track by market cap, six of the seven saw increased short selling for June 15 from May 29:

  • First Solar, Inc. (NASDAQ: FSLR) 7,659,466 shares short, a gain of 9.5% from 6,995,776.
  • Suntech Power Holdings Co. (NYSE: STP) 9,772,350 shares short, a drop of 8.7% from 10,706,960.
  • LDK Solar Co. Inc. (NYSE: LDK) 15,863,243 shares short, a gain of 15.6% from 13,719,877.
  • SunPower Corporation (NASDAQ: SPWRA) 14,181,909 shares short, a 2% gain from 13,885,421.
  • Energy Conversion Devices, Inc. (NASDAQ: ENER) 12,780,664 shares short, a gain of 1.04% from 12,649,722.
  • GT Solar International, Inc. (NASDAQ: SOLR) 6,163,075 shares short, a gain of 10.9% from 5,558,018.
  • JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) 9,871,347 shares short, a gain of 48% from 6,652,651.

Jon C. Ogg
June 25, 2009

Posted on: June 25, 2009 – 8:56 am in Alternative Energy, Green Biz, Short Interest, , , , , , ,

Solar Players Looking Again Like Leveraged Oil Trades (FSLR, STP, SPWRA, LDK, ENER, TAN, PBW, CSIQ)

Solar Panel PicOffshore Rig PicInvesting in solar and alternative energy stocks comes with many risks.  We have often referred to many of these companies as being essentially nothing more than very leveraged speculative oil investments because when energy prices are low most forms of alternative energy are not competitive on a cost structure.  The drop of $2.62 per barrel to $66.93 in NYMEX WTI Crude is causing havoc in some of the mid-cap and speculative oils stocks.  It is also hitting shares of First Solar, Inc. (NASDAQ: FSLR), Suntech Power Holdings Co. Ltd. (NYSE: STP), SunPower Corporation (NASDAQ: SPWRA), LDK Solar Co.Ltd. (NYSE: LDK), and Energy Conversion Devices, Inc. (NASDAQ: ENER).  This is also seen directly in the ETFs of Claymore/MAC Global Solar Energy (NYSE: TAN) and PowerShares WilderHill Clean Energy (NYSE: PBW).  Speculative stocks like Canadian Solar Inc. (NASDAQ: CSIQ) look even worse.
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Posted on: June 22, 2009 – 10:05 am in Alternative Energy, Oil & Gas, Trading Alert, , , , , , , ,

Top Early Bird Analyst Upgrades & Downgrades (BIDU, BAX, CCL, IBM, LDK, MSFT, SPWRA)

money-stack-imageThese are the top big analyst calls from Wall Street we have seen very early this Friday morning with over two and a half hours until the market opens:

Baidu (BIDU) Started as Underweight with $244 target at HSBC.
Baxter (BAX) Started as Buy at BofA/Merrill Lynch.
Carnival (CCL) Raised to Outperform at Wachovia.
Hershey (HSY) was named as a Top Pick at Citigroup.
IBM (IBM) Started as Outperform at Cowen.
LDK Solar (LDK) Cut to Neutral at UBS.
Microsoft (MSFT) Added to Goldman Sachs Conviction Buy List.
SunPower Corp. (SPWRA) Raised to Buy at UBS.

Jon C. Ogg
June 19, 2009

Posted on: June 19, 2009 – 6:02 am in Analyst Calls, , , , , , ,

Short Sellers Confused in Alternative Energy Bets (CSIQ, CPST, CLNE, ENER, ESLR, FSLR, FCEL, SOLR, JASO, LDK, SFUN, SPWRA, STP)

Solar Panel PicWe have seen the new short interest data out of the NASDAQ and NYSE for the end of May reports.  There are many mixed bets in the alternative energy sector.  While some of these are large bets on the surface, overall there was a very small change in the latest short interest data compared to months past.

COMPANY NAME (TICKER)……….. MAY 29… Change from May 15
Canadian Solar Inc. (CSIQ)…………2,549,840   -4.3%
Capstone Turbine Corp. (CPST)…… 17,568,058   +5.8%
Clean Energy Fuels Corp. (CLNE)….3,919,108   -0.1%
Energy Conversion Devices (ENER) 12,649,722  +3.7%
Evergreen Solar, Inc. (ESLR)………. 20,225,435  +0.5%
First Solar, Inc. (FSLR)………………  6,995,776    -2.4%
FuelCell Energy, Inc. (FCEL)………. 5,861,532   +1.7%
GT Solar International (SOLR)……. 5,558,018   -9.7%
JA Solar Holdings, Co. (JASO)……. 6,652,651   +10.4%
LDK Solar Co. Inc. (LDK)……………  13,719,877   +4.1%
Solarfun Power Holdings Co. (SFUN)  1,337,324 -7.1%
SunPower Corp. (SPWRA)……………. 13,885,421   +9.7%
Suntech Power Holdings Co. (STP)… 10,706,960  +8.1%

Usually you see a clear trend or direction in the alternative energy sector.  That does not appear to be the case.  As oil has risen steadily, the downside of betting against these may be to steep and managers telling their clients they bet against the rally after all the pain seen already is probably more than a tough sell.

JON C. OGG
JUNE 10, 2009

Posted on: June 10, 2009 – 9:03 am in Alternative Energy, Green Biz, Short Interest, , , , , , , , , , , , ,

Yingli & LDK, Solar Earnings in the Shade (LDK, YGE, TAN)

Solar Panel PicLDK Solar Co. Ltd. (NYSE:LDK) makes multicrystalline wafers used to manufacture PV solar cells and Yingli Green Energy Holding Company Limited (NYSE:YGE) is an integrated maker of PV solar products. Both companies have reported large net losses for the first quarter of 2009, and shares of both look lower ahead of the open.
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Posted on: May 22, 2009 – 7:49 am in Alternative Energy, Earnings, Green Biz, , ,

LDK Disclosing More Write-downs and Provisions (LDK)

Solar Panel PicLDK Solar Co.Ltd. (NYSE: LDK) has announced plans to file its 2008 report with the SEC tomorrow.  As many have become used to with LDK, there is some negative news as well.  The company said that during the preparation of the 2008 annual report, management determined that a further write-down to inventories and additional recovery provisions were needed.
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Posted on: May 21, 2009 – 9:28 am in Accounting, Alternative Energy, Annual Report, China, Green Biz, Restatements,

SunPower In the Shade (SPWRA, WFR, FSLR, LDK)

solar-panel-pic8One of the stalwarts of the solar business, SunPower Corporation (NASDAQ:SPWRA), has reported an EPS loss of -$0.06 on revenues of $214 million for the 2009 first quarter. Analysts had expected EPS of $0.24 and revenue of $269 million. Even the low estimate on EPS was higher than SunPower’s earnings.

Another solar-oriented company (and chip materials maker), MEMC Electronics Materials Inc. (NYSE:WFR), reported a net non-GAAP EPS loss  of -$0.05 yesterday, on weak sales. MEMC also lost a 10-year supply contract with a German solar company earlier this week.
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Posted on: April 24, 2009 – 8:22 am in Alternative Energy, Earnings, Green Biz, , , ,

Trina Solar Grabs Business in Germany (TSL, JASO, LDK)

solar-panel-pic5Chinese solar PV maker Trina Solar Limited (NYSE:TSL) has signed a deal with three different German solar customers to deliver about 42 megawatts of photovoltaic modules in 2009. The announcement did not include any dollar amount.
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Posted on: April 20, 2009 – 8:40 am in Alternative Energy, Green Biz, , ,

LDK Lands Huge J-V with Q Cells (LDK)

solar-panel-pic2LDK Solar Co., Ltd. (NYSE: LDK) is seeing some small gains this morning on word that the company has formed a joint venture with Q Cells SE.  The venture will focus on photovoltaic systems and market development in Europe and China.  The joint venture is already in discussions with potential buyers of the first turn-key project in Europe, and is in the planning stages for future projects in China.
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Posted on: April 8, 2009 – 7:16 am in Alternative Energy, Green Biz,

And Suddenly, Solar Back To Bonkers (FSLR, LDK, SPWRA, TAN, SOLR, STP)

solar-panel-pic22The sudden strength in the stock market and the rise in the price of oil is suddenly making the key solar sector stocks rise.   Solar shares also appear to be benefiting from China’s support of a subsidy program. DigiTimes noted that while the government supports the development of solar energy, no time line for any subsidy has been give.  Unfortunately, DigiTimes.com website was not connecting, so no link can be offered.  We have seen reports on this throughout the week noting the possible “assistance” on huge solar projects in China, but this is taking shares of First Solar, Inc. (NASDAQ: FSLR), LDK Solar Co. (NYSE: LDK), SunPower Corporation (NASDAQ: SPWRA), Claymore/MAC Global Solar Energy (NYSE: TAN), GT Solar International, Inc. (NASDAQ: SOLR), and Suntech Power Holdings Co. Ltd. (NYSE: STP) are all rallying sharply.  These are just some of the screaming gainers in the sector, but you will see double-digit gains, sometimes huge double-digit gains, across the board:
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Posted on: March 26, 2009 – 12:34 pm in Alternative Energy, Green Biz, Trading Alert, , , , , ,

A Green Business Investing Conference (ASTI, DSTI, HEV, LDK, RSOL, STP, VLNC, VRNM)

solar-panel-pic20A conference on clean and green technology sponsored by ThinkEquity LLC opened yesterday in San Francisco. It is billed as a gathering for industry executives, investors, influencers and policy makers within the cleantech and alternative energy industry.  Some of the public companies presenting at the conference include Ascent Solar Technologies, Inc. (NASDAQ: ASTI), DayStar Technologies, Inc. (NASDAQ: DSTI), Ener1, Inc. (NASDAQ: HEV), LDK Solar Co. Ltd. (NYSE: LDK), Real Goods Solar, Inc. (NASDAQ: RSOL), Suntech Power Holdings Co. Ltd. (NYSE: STP), Valence Technology Inc. (NASDAQ: VLNC), and Verenium Corp. (NASDAQ: VRNM). That’s quite a list, especially if you consider how far these companies are down from their 52-week highs (as of yesterday’s close):
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Posted on: March 25, 2009 – 9:39 am in Alternative Energy, Green Biz, , , , , , , ,

Short Sellers Double Down Against Green & Alternative Energy (CSIQ, CPST, CLNE, ENER, ESLR, FSLR, FCEL, SOLR, JASO, LDK, SFUN, SPWRA, STP)

There was what appears to be a massive increase in short selling for the period report ending March 13, 2009.  The short selling increases in companies like First Solar, Inc. (NASDAQ: FSLR), Suntech Power Holdings Co. (NYSE: STP), SunPower Corp. (SPWRA) and others were well into double digits.  Of our main go-to alternative or green stocks we cover, only one of them saw a decrease in short selling.

COMPANY NAME (TICKER)……….. MARCH 13.. Change
Canadian Solar Inc. (CSIQ)………… 3,506,879   -2.35%
Capstone Turbine Corp. (CPST)…… 16,385,245 +2.68%
Clean Energy Fuels Corp. (CLNE)…. 4,204,801  +0.5%
Energy Conversion Devices (ENER) 14,117,686 +4.5%
Evergreen Solar, Inc. (ESLR)………. 23,355,600 +6.7%
First Solar, Inc. (FSLR)………………. 10,918,475 +32.1%
FuelCell Energy, Inc. (FCEL)……….. 6,918,766  +11.6%
GT Solar International (SOLR)…….. 2,043,429  +9.8%
JA Solar Holdings, Co. (JASO)…….. 7,233,429  +14.4%
LDK Solar Co. Inc. (LDK)……………. 11,831,376 +3.2%
Solarfun Power Holdings Co. (SFUN)  2,660,846  +11.3%
SunPower Corp. (SPWRA)……………. 9,483,348  +12.8%
Suntech Power Holdings Co. (STP)… 9,955,282  +28.2%

JON C. OGG
March 25, 2009

Posted on: March 25, 2009 – 8:16 am in Alternative Energy, Green Biz, Short Interest, , , , , , , , , , , , ,