ThinkstockA123 Systems Inc. (NASDAQ: AONE) is up on financing news this morning, but it is still hard to get excited about penny stocks in bankruptcy. The lithium iron phosphate battery and systems…
Jon C. Ogg U.S. stock markets were closed again today as New York City recovered from the damage brought on by Hurricane Sandy. In New York, both Nasdaq and the NYSE announced that the markets…
U.S. stock markets were closed today as New York City and the entire East Coast of the country from the Carolinas to Maine prepare to deal with Hurricane Sandy. In New York,…
Shares of A123 Systems Inc. (NASDAQ: AONE) have jumped more than 50% (again) today after one of the company’s lenders and shareholders, China’s Wanxiang Group Corp., said it would waive its rights…
Paul Ausick Bankrupt U.S. battery maker A123 Systems Inc. (NASDAQ: AONE) today got permission from the U.S. Bankruptcy Court to use $15.5 million of “debtor-in-possession” financing from a total of $72.5 million in financing…
Paul Ausick After filing a “going concern” letter earlier today with the SEC, U.S. battery maker A123 Systems Inc. (NASDAQ: AONE) later announced that it had sold its automotive business assets to Johnson Controls…
Paul Ausick The three major U.S. stock indexes opened about flat this morning following rather lackluster trading in Asia and Europe. There was little economic data out today, although both France and Italy turned…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. ARM Holdings PLC (NASDAQ: ARMH) started as Neutral at Credit Suisse. Corporate…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. AngloGold Ashanti Ltd. (NYSE: AU) started as Outperform at Credit Suisse. Apple…
ThinkstockJPMorgan has issued some very mixed analyst initiations this morning pertaining to the U.S. auto sector, which includes many of the key parts and systems providers in the group. Ford Motor Co.…
US lithium-ion battery maker A123 Systems Inc. (NASDAQ: AONE) has definitely had a rough year. Shares are down about -72%, making it the worst performer out of US battery makers like EnerSys…
Eaton Corp. (NYSE: ETN), a diversified industrial company that is best known for its power management equipment, has announced that it is acquiring Ireland-based Cooper Industries (NYSE: CBE) for a total of…
Jon OggApparently having a short selling strategy under a hedge fund exchange-traded fund model has been working. This week we received notice that the assets under management for AdvisorShares ActiveBear ETF (NYSE: HDGE) hit a record…
The government of Shanghai has forced the closure of a battery-making plant belonging to Johnson Controls Inc. (NYSE: JCI) on charges that the plant is emitting excess lead into the nearby environment.…
Paul Ausick Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Amgen Corporation (NASDAQ: AMGN) Cut to Neutral at JPMorgan. Comerica…
