Evergreen Kicks Out New Marketing Effort, Sort Of (ESLR)
While waiting for its 37 million share secondary offering to close, Evergreen Solar Inc. (NASDAQ: ESLR) will introduce a new branding campaign. The theme is “More Electricity, Less Impact.”
All Work
Douglas A. McIntyre
More Losses in the Chinese Solar Space (CSUN, CSIQ, YGE)
Another Chinese maker of PV solar cells, China Sunergy Co., Ltd. (NASDAQ:CSUN), has reported a loss for the first quarter of 2009. The company’s net loss per diluted ADS came to -$0.40. On a…
Shell Game (RDS-A, RDS-B, XOM)
The big news this morning is a restructuring at Royal Dutch Shell plc (NYSE:RDS.A) as the oil major welcomes a new chief executive on July 1st. The company is dividing its business geographically, into…
Bank of America’s Current Capital Raising Status (BAC)
Bank of America Corporation (NYSE: BAC) has just issued an update on its capital raising to date. The banking giant has raised almost $26 billion and said it is “well on its way” to…
As GM (GM) Prepares For Bankruptcy, “The Detroit Century” Draws To A Close
GM’s (GM) creditors have rejected a program that would have swapped most of the auto company’s debt for equity, effectively driving the firm into Chapter 11. The century that began with the mass production of the Model…
Top Analyst Downgrades (BMO, BIG, BMR, CTXS, HMY, MRO, ODP)
These are some of the top pre-market analyst downgrades and negative research calls we have seen from Wall Street firms early this Wednesday morning: Bank of Montreal (BMO) Cut to Market Perform at CIBC.…
Top Analyst Upgrades (BBBY, MAPP, ISLE, OMX, PCZ, RF, SPLS, SYMC)
These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street firms this Wednesday morning: Bed Bath & Beyond (BBBY) Started as Outperform at Oppenheimer. MAP Pharmaceuticals (MAPP)…
Nintendo Changes Course (MSFT)(SNE)
Nintendo’s strategy with its immensely popular Wii has been to market a simple game console that is easy to operate and appeal to a broad set of consumers. It has largely left the market for…
The Vote That Recession Is Ending Grows
The National Association of Business Economists has just released its prediction for the direction that the economy will take between now and the end of the year. The survey polled 45 well-known experts. Nearly…
McDonald’s (MCD) Will Crush Starbucks (SBUX) In Europe
American management has been trained that any company can think and execute its way out of trouble. That means that there is a solution to every sales or cost problem. It is just a…
Optimism May Be Based On Hope, But Hope Does Not Fuel A Recovery
Economists and stock holders were overjoyed by numbers from The Conference Board showing that its confidence index rose to 54.9 in May from 40.8 in April. The fact that the number is still very low did…
Housing Is Not Just Bad, It’s Getting Worse
The market’s reaction to the S&P Case Shiller data showing the home prices dropped almost 19% in March was that the data is old, so there is no point in giving it much attention.…
Media Digest 5/27/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: GM (GM) is close to filing Chapter 11. Reuters: A poll of economists says the US recession will end soon followed by modest growth. Retuers: The mood of US consumers rose despite falling…
Asia Markets And Europe Open 5/27/2009
Markets in Asia were higher. The Nikkei rose 1.3% to 9,437. The Hang Seng was up 4.9% to 17,629. The Shanghai Composite rose 1.7% to 2,833. At the open in Europe, the FTSE was…
The Ten Ways Twitter Will Permanently Change American Business
Micro-blogging platform Twitter has 32 million users, which is an increase from about 2 million a year ago, according to research mentioned in The Wall Street Journal. Some Internet measurement services show that figure…
Shanda Seeks Repeat Changyou.com and Sohu.com Performance (SNDA, CYOU, SOHU)
IPO investors have long been mixed about partial spin-offs, and just outright nervous when it comes to the term ‘tracking stock’ in an IPO. Regardless of how you feel, it is impossible to deny…
VMware Already Investing In IT Infrastructure Company (VMW, TMRK)
Terremark Worldwide, Inc. (NASDAQ:TMRK) is not a name that normally comes up in discussions among tech investors, although it is a provider of managed IT infrastructure services. What is going to draw attention to…
GM (GM): UAW Takes Paper Instead Of Cash, Bets The House
The UAW took what it could get in its negotiations with GM (GM), and that was not much. The union will end up owning 17.5% of GM’s shares to fund retirement and pension obligations…
Facebook Investment Puts Off Inevitable Need For IPO (MSFT, GOOG, NWS, TWX, YHOO)
There is news out today that social networking leader Facebook has secured a $200 million financing from Digital Sky Technologies, an internet investment group with significant stakes in Eastern European and Russian Internet businesses. …
When Power Companies Underwrite Appliance Recycling (ARCI, XEL)
Appliance Recycling Centers of America Inc. (NASDAQ: ARCI) is far from a household name. Xcel Energy, Inc. (NYSE: XEL) is known, literally, if you live in parts of Colorado, Michigan, Minnesota, New Mexico, North…