Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX) Raised to Buy at Auriga.…
More than 40% of this year’s US corn harvest, about 5.05 billion bushels, is expected to be used to produce ethanol. That surpasses an estimated 5 billion bushels that will be used…
The writing has been on the wall for about three weeks: the $0.45/gallon ethanol subsidy and the $0.54/gallon tariff on imports are politically dead. Another nail got hammered into the coffin yesterday…
The US Department of Energy has announced that it will offer a loan guarantee for $105 million to expand an Iowa plant that makes ethanol from the cellulosic waste matter, called stover,…
Visa gained over 14% during the week on news that “the Federal Reserve would increase its proposed cap on interchange fees charged to by large banks to merchants to process debit card…
The US Senate, by a 73-27 margin, has approved an amendment to an economic development bill that would end the $0.45/gallon ethanol credit and the $0.54/gallon tariff on imported ethanol. A similar…
Corn prices have fallen by its limit of $0.30/bushel today, at about $7.52/bushel, and other ag commodities are also trading down. Wheat is off more than $0.25/bushel, to around $7.17. This on…
In our daily internal reviews of looking for trends in commodities, one trend stood out rather clearly… Cane-based ethanol might not even be solid for the Boys from Brazil. The price of…
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…
Today’s alternative energy news starts off with more lukewarm news from solar panel makers and follows with the latest on pricing for ethanol. We also take a look at how smartphones may…
Valero Energy Corp. (NYSE: VLO) has just recently announced its routine $0.05 dividend per common share per quarter. This $0.20 comes to a yield of only about 0.7% for investors. Oil investors…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AGCO Corporation (NASDAQ: AGCO) Maintained Outperform as Bull of the Day at Zacks.…
With pump prices for gasoline approaching $4/gal everywhere and $5/gal in some US cities, it would seem logical that crude oil refiners are a good bet to do well. It’s not that…
Next week is going to get off to a slow start because of the post-Easter blues after a three-day weekend. We have pulled eleven earnings which we think traders will hone in on…
Tesoro Corporation (NYSE: TSO) is set to have its Initial Public Offering this week for its Tesoro Logistics LP (NYSE: TLLP). Tesoro is looking to move to a more of a pure-play…
