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Another Tough Year for Canadian Solar

ThinkstockCanadian Solar Inc. (NASDAQ: CSIQ) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the fourth quarter, the solar panel maker reported an adjusted diluted earnings per share (EPS) loss of…

Paul Ausick · 13 years ago

Slumping Oil Demand Brings Down Gasoline Prices

ThinkstockAfter a relentless two-month rise, gasoline prices have come down very modestly. The AAA Fuel Gauge report shows that the average price nationwide for a gallon of regular was $3.696 yesterday, down from $3.746…

Douglas A. McIntyre · 13 years ago

Oil & Gas Rig Counts Continue to Slide as Output Grows

ThinkstockThe latest data from Baker Hughes Inc. (NYSE: BHI) shows that drilling rig counts in North America fell by 80 in the week ending today and fell by 296 from the comparable period a…

Paul Ausick · 13 years ago

Massive China Solar Demand Could Save the Sector!

ThinkstockThe past year is one that the solar industry would just as soon forget. Global solar installation grew by a paltry 4.4% in 2012, but it is expected to rise by 14.4% in 2013,…

Paul Ausick · 13 years ago

North Sea Pipeline Flow Restored, Crude Prices Fall

ThinkstockThe price of Brent crude has dropped this morning on news that the leaky Brent pipeline system has been repaired and is flowing again. The Abu Dhabi-based company that owns the system is targeting…

Paul Ausick · 13 years ago

Natural Gas Prices Pop as Storage Drops

thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 146 billion cubic feet last week, slightly more than the decline of 134 billion cubic feet anticipated by analysts.…

Paul Ausick · 13 years ago

Icahn Wants More Cash from Transocean

ThinkstockNow that Carl Icahn has a toehold at Dell Inc. (NASDAQ: DELL) and fired off a letter to that company’s board on how shareholders should be treated, he’s getting down to business with Transocean…

Paul Ausick · 13 years ago

MEMC’s Unusual Upgrade by Goldman Sachs

Jon OggMEMC Electronic Materials Inc. (NYSE: WFR) is continuing to benefit from its turnaround efforts. This morning we are tracking an unusual upgrade from a Wall St. Can this be possible? If you look…

Jon C. Ogg · 13 years ago

International Drilling Rig Count Slides in February

ThinkstockOil field services company Baker Hughes Inc. (NYSE: BHI) today reported that its count of foreign oil and gas drilling rigs fell slightly from 1,279 in January to 1,275 in February. Adding in Canadian…

Paul Ausick · 14 years ago

Solar Stocks Get a Jolt (TSL, STP, SPWR, FSLR)

ThinkstockAnalysts at Raymond James raised their ratings on several solar stocks, saying that the risk of owning these stocks is now in balance with the potential reward. The four stocks included in the upgrade…

Paul Ausick · 14 years ago

Crude Oil Inventory Jumps, Prices Fall Below $90 a Barrel

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 3.8 million barrels last week, bringing the total U.S. commercial crude inventory to 381.4…

Paul Ausick · 14 years ago

The Value of All Oil at Exxon Mobil: Over $2.2 Trillion!

thinkstockExxon Mobil Corp. (NYSE: XOM) was just featured as one of our seven DJIA stocks that would lead the DJIA to 15,000 and the company is delivering its production and capital spending estimates to…

Jon C. Ogg · 14 years ago

Suntech’s Boardroom Turmoil

ThinkstockOn Monday, the board of directors for Suntech Power Holdings Co. Ltd. (NYSE: STP) removed its founder and executive chairman, Shi Zhenrong, replacing him with another board member, Susan Wang, as executive chairman. Shi…

Paul Ausick · 14 years ago