LDK Narrows Loss, Offers Weak Outlook
LDK Solar Co. Ltd. (NYSE: LDK) reported third-quarter 2012 results before markets opened this morning. The solar PV maker reported a diluted earnings per American depositary share (ADS) loss of $1.08 on…
LDK Solar Co. Ltd. (NYSE: LDK) reported third-quarter 2012 results before markets opened this morning. The solar PV maker reported a diluted earnings per American depositary share (ADS) loss of $1.08 on…
U.S. equity markets opened mixed this morning, but some initial enthusiasm wore off by mid-morning and stocks moved slightly lower throughout the day. In Europe, unemployment rose more than expected (more coverage…
ReneSola Ltd. (NYSE: SOL) reported third-quarter 2012 results before markets opened this morning. The solar PV maker reported a diluted per-share loss of $0.46 on revenues of $218.2 million. In the same…
U.S. equity markets opened higher this morning after the weekly report on new claims for U.S. unemployment benefits came in lower than expected (more coverage here) and the second estimate of GDP…
The three major U.S. stock indexes opened lower this morning but picked up some buying steam in the first hour or so of trading. The morning’s report on durable goods sales looked…
The three major US stock indexes opened lower this morning and spent most of the day heading lower still. Economic data was mixed at best today, with the flash PMI number lower…
Short interest data is out from the July 13 settlement date. There were a few big changes with some key solar stocks over the June 29 settlement date. We have taken a…
The string of losses in the solar PV industry is really not news any longer. Stock prices have been hit hard by collapsing panel prices and vanishing margins. Today is really no…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Aetna Inc. (NYSE: AET) Cut to Hold at Argus. Akamai Technologies, Inc. (NASDAQ:…
The major US stock indexes opened significantly lower this morning as investors reacted to the surprise loss of $2 billion by JPMorgan Chase & Co. (NYSE: JPM) disclosed by the bank’s CEO…
When the company reported fourth quarter earnings in March, it set expectations for the first quarter fairly low. Renesola posted an EPS loss of -$0.23, better than the expected loss of -$0.31, and…
The major US stock indexes opened significantly higher this morning as investors were heartened by yesterday’s nationalization of Spain’s Bankia. The Bank of England also keps rates and asset purchases stable. This…
Solar panel maker LDK Solar Co. Ltd. (NYSE: LDK) has revised its fourth quarter 2011 forecast and announced its guidance for the company’s 2012 fiscal year. The company will announce fourth quarter…
Chinese solar maker Renesola Ltd. (NYSE: SOL) reported results this morning that missed earnings estimates, but managed to beat the estimate on revenues. Given the state of the solar panel market that’s…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. AstraZeneca PLC (NYSE: AZN) Cut to Underweight at JPMorgan. BlackRock,…