The three major US stock indexes opened lower this morning following report from China that it has cut inflation to an annualized rate of 2.2% in June (our coverage here). Lower inflation,…
Veeco Instruments Inc. (NASDAQ: VECO) makes production equipment for LEDs and solar panels, so analysts weren’t too eager to forecast good news for the company’s first quarter. But after markets closed yesterday,…
LED lighting maker Cree Inc. (NASDAQ: CREE) has succeeded in making an LED streetlight that sells for less than $200 when purchased in volume. Provided the company can actually make a profit…
Markets opened lower this morning and there was no news sufficient to unleash significant buying. The report on new claims for unemployment benefits came in about as expected (our coverage here), and…
The LED industry has suffered an 18-month dry spell as sales have tanked and makers have had to re-trench to keep costs in line. The market might be starting to recover now,…
Markets opened lower this morning and didn’t recover. The ISM services index came in lower than expected (our coverage here) and the EIA report on crude oil inventories pushed crude prices down…
Equities opened modestly down this morning and the three major indexes have stayed within a few points of flat all day. The NASDAQ composite has remained in positive territory as the technology…
Stocks open slightly higher this morning, but quickly reversed course to begin falling in less than five minutes of trading. The DJIA hit a morning low just before noon and has bounced…
Last Friday, the Chinese government announced a phase-out of incandescent light bulbs, beginning with eliminating 100-watt+ bulbs by the end of 2012 and 60-watt+ bulbs by 2014. The decision triggered a solid…
Markets opened lower this morning, and a modest gain of 80,000 non-farm jobs and a slight improvement of the US unemployment rate to 9.0% didn’t lift investors’ spirits before the opening. Today’s…
If there is one single event that can help an entire sector out immediately, it is when China announces major policy changes. News is out that China is taking a multi-step plan…
2011 has been an incredibly choppy year, the economy is flirting between snail-paced growth and recession, and many companies and entire sectors are experiencing some severe business pressures or their management teams…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. A123 Systems, Inc. (NASDAQ: AONE) Raised to Buy at BofA/ML. AECOM Technology…
Jon OggThese are the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Alcatel-Lucent (NYSE: ALU) Raised to Overweight at Morgan Stanley. Altera Corporation (NASDAQ: ALTR) Raised…
It is time for our daily review of the alternative energy sector, and today hits LEDs, wind power, and geothermal developments. Adding to an already crowded field, LDK Solar Co. Ltd. (NYSE: LDK)…
