Posts for Ticker ‘ORA’

Baird Unexcited About Green and Less-Dirty Energy (FSLR, ENOC, MXWL, ITRI, SPWRA, ORA, CCC)

solar-panel-picRobert W. Baird has started several of the green or less-dirty energy players and water-plays in new coverage this morning.  Most of these are very unexciting ratings with a “Neutral” rating.  Among these are First Solar Inc. (NASDAQ: FSLR), EnerNOC (NASDAQ: ENOC), Maxwell Technologies Inc. (NASDAQ: MXWL), Itron Inc. (NASDAQ: ITRI), and SunPower Corporation (NASDAQ: SPWRA).  Ormat Technologies Inc. (NYSE: ORA) and Calgon Carbon (NYSE: CCC) were started with “Outperform” ratings at the firm.

Jon C. Ogg

Geothermal Could Be on the Way Up, along with Hybrid Hummers (RZ, ORA, HTM)

Raser Technologies, Inc. (NYSE:RZ) reported no revenue for the first quarter of 2009. But it also reported no cost of sales. The company’s total loss was $6.67 million, EPS of -$0.10. That’s better than the analysts had expected, pegging EPS at -$0.12. However, analysts did forecast $260,000 in revenue and got nothing.
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Status on Companies Raising Cash (ORA, TCBI, VRTX, OTTR)

We have seen three issues so far since yesterday’s close to sell shares of stock and one offering still pending on the calendar for the week.  We have seen filings out of Ormat Technologies Inc. (NYSE: ORA), Texas Capital Bancshares, Inc. (NASDAQ: TCBI), and Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX).  We are also still waiting for pricing from Otter Tail Corp. (NASDAQ: OTTR) on its secondary offering.

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