The company’s president and CEO said Sierra is "pleased that ourfinancial and operating results remain strong despite our slower rateof growth." This slower growth is about to come to a full stop.Estimates for the fourth quarter show EPS of just $0.02 on revenue expected to be about $400 million lower than this quarter.

The company’s long-term debt totals about $4.8 billion and its marketcap is less than $2 billion. In July, Sierra issued $500 million in newsenior debt to pay down its revolver. Customers are also using lesselectricity, which is not welcome news to a company that attributed itsearnings to rate increases.

Sierra’s share price closed at $8.29 on Friday, down about 53% from its 52-week high.

Paul Ausick
November 3, 2008

• 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.

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.

ECOtality, Inc. (OTCBB: ETLY) has completed the acquisition of InnergyPower Corporation. Innergy Power is a leader in the design andmanufacture of thin sealed rechargeable lead batteries and high qualityflat-panel multi-crystalline solar modules.

Babcock & Brown and BP Alternative Energy, part of BP plc (NYSE:BP)announced that Colorado Governor Bill Ritter today dedicated the CedarCreek wind farm. When fully operational, the 300 megawatt (MW) CedarCreek wind farm will be one of the largest single wind-power facilitiesin the United States.

Canadian Solar Inc. (NASDAQ:CSIQ), based in China, signed a contract toprovide solar modules to supply American Capital Energy with solarmodules for an undisclosed financial amount.

Germany has recently boosted the proportion of renewable energy as asource for heat production from 6% to 14% by 2020, although this wasnoted as either known or expected.

Yesterday, Applied Materials (NASDAQ:AMAT) was featured in InvestorsBusiness Daily come out with an advance that could lower the cost ofmaking solar panels.

Yesterday, an upgrade from Lazard Capital Markets helpedshares of First Solar Inc. (NASDAQ:FSLR) rally past the $125.00target.  As one of the biggest winners of last quarter, First Solar wasalso a winner from the fund manager window dressing at the end of the quarter.

It is obvious that if you compare today’s and yesterday’s news to lastweek, it looks like many companies were issuing releases last weekaround the Clinton initiatives and around the UN meetings regardingclimate change or global warming.

• Last week the esteemed Ken Heebner talked up energy prices;
• T.Boone Pickens was also recently bullish on energy and on his alternative energy play;
• Goldman Sachs recently hiked its super-spike range for oil to $135/barrel and $4.50/gallon.

Jon Ogg
October 2, 2007

If you wish to set an RSS feed to our daily "The Business Day in Global Warming" and other news we cover from time to time in alternative energy, you can set it the following URL:

http://www.247wallst.com/alternative_energy/index.html

As a reminder, whether you prefer the term "Global Warming" or "ClimateChange" is not the issue as far as 24/7 Wall St. covers it. Greenbusiness has become big business, and this affects many publiccompanies today.   

Jon C. Ogg
May 21, 2007