Posts for Ticker ‘SRP’

Sierra Pacific: More Might Be Less (SRP)

Back in September, Sierra Pacific Resources (NYSE:SRP) changed the names of both its utility companies to NV Energy. That didn’t do much to help its third-quarter earnings, which the company reported before the market opened this morning. Sierra reported EPS of $0.64 and revenue of $1.19 billion, compared with analysts’ estimates of $0.63 EPS and revenues of $1.27 billion.

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Posted on: November 3, 2008 – 9:19 am in Earnings, Utilities,

Pre-Market Stock News (December 6, 2007)

Below is some of the top pre-market news affecting individual shares that 247WallSt.com is reviewing:

  • AMERCO (NASDAQ: UHAL) announce a $50 million share buyback plan.
  • Children’s Place Retail Stores (NASDAQ: PLCE) NOV s-s-s were +3%.
  • Coca-Cola (NYSE: KO) announced its CEO succession plan, Kent will replace Isdell in July 2008.
  • Costco (NASDAQ: COST) same-store sales rose 9%. Analysts had expected 6.6%.
  • Eli Lilly (NYSE: LLY) put 2008 EPS guidance at $3.85-4.00, slightly above consensus.
  • Family Dollar (NYSE: FDO) issued downside guidance with same-store-sales.
  • Freeport-McMoRan (NYSE: FCX) was noted as Cramer’s Top Mining & Minerals stock on MAD MONEY.
  • GameStop Corp. (NYSE:GME) will replace Dow Jones (NYSE:DJ) in the S&P 500 Index on date TBA.
  • Hoku Scientific (NASDAQ: HOKU) shares trading up 35% after it signed a term sheet for financing its Polysilicon Plant in Idaho with $185 million.
  • Limited Brands (NYSE: LTD) NOV s-s-s -7%.
  • Pacific Sunwear (NASDAQ: PSUN) NOV s-s-s +2.3%.
  • Rambus (NASDAQ: RMBS) rose 1.7% to $20.19 as SEC dropped options investigation with no action recommended.
  • Sierra Pacific (NYSE: SRP) filed to sell 12 million shares in a secondary.
  • Toll Brothers (NYSE: TOL) reported its first quarterly loss in two decades; EPS were -$0.52 versus -$0.47 estimates.
  • VF Corp. (NYSE: VFC) noted as Buy by Cramer on MAD MONEY.

Jon C. Ogg
December 6, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: December 6, 2007 – 8:06 am in Pre-Market Activity, , , , , , , , , , , , , , ,

The Business Day In Global Warming (SRP, SATC, ETLY, BP, CSIQ, AMAT, FSLR)

Sierra Pacific Resources (NYSE:SRP) announced today that its two Nevada-based utility subsidiaries, Nevada Power Company and Sierra Pacific Power Company, have issued a Request for Proposals for renewable energy resources: solar, wind, geothermal, biomass and other resources eligible for portfolio energy credits under the Nevada renewable portfolio standard.

SatCon Technology Corporation® (NASDAQ: SATC) announced that it has been awarded a $2 million contract by the Air Force Research Laboratory to develop the complete electric power conversion package for a hybrid electric vehicle for special operations applications.

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Posted on: October 2, 2007 – 1:36 pm in Alternative Energy, , , , , , , , , ,

Earlybird Analyst Calls (May 21, 2007)

AMGN reitr Neutral at Baird.
CAT reiterated Neutral at Baird.
CFC cut to Mkt Perform at FBR.
CSE cut to Mkt Perform at FBR.
HOLX raised to Buy at B of A.
NILE cut to Sell at Jackson.
OHB raised to Mkt Perform at Wachovia.
PGIC started as Buy at Jefferies.
SIGM reitr Outperform at Baird.
SRP raised to Outperform at Wachovia.

Jon C. Ogg
May 21, 2007

Posted on: May 21, 2007 – 6:18 am in Analyst Calls, , , , , , , , , ,