Trina Solar Joins Secondary Offering Waves (TSL)
Trina Solar Limited (NYSE: TSL) is joining on the open floodgates of secondary offerings this week. Yesterday we had filings for or pricing in almost 20 deals, and that number is greater now. Last…
Trina Solar Limited (NYSE: TSL) is joining on the open floodgates of secondary offerings this week. Yesterday we had filings for or pricing in almost 20 deals, and that number is greater now. Last…
When Exxon Mobil Corp. (NYSE: XOM) announced that it was going to acquire XTO Energy Inc. (NYSE: XTO)for $31 billion in an all-stock transaction ($41 billion after debt assumption; with 0.7098 in the XOM/XTO…
Chevron (CVX) said it would lay-off 2,000 people. The company issued a press release describing its plans which had the title “Chevron Well-Positioned For Future Growth” Firing employees must be integral to that. Chevron also indicated it…
Many alternative energy stocks themselves may sometimes represent little more than highly leveraged bets on the price of oil. But there is still big business in the world of clean tech and green technology. …
One way to predict the future price of oil is to consider how many companies and countries are aggressively pursuing new reserves. China has closed deals around the world in crude-rich regions including Venezuela, Brazil,…
Someone in the Wyoming legislature came upon the idea that he and his fellow elected officials could cut budget deficits by taxing wind power production. The state is something of a mecca for the alternative…
The acquisition by Schlumberger Ltd. (SLB) of competitor Smith International Inc. (SII) for $11 billion could be another sign that mergers and acquisitions in the energy sector will pick up in 2010. This is…
We have two small capital raises seen this morning in two alternative energy players. These are also classified as cult stocks due to their small size and trading history. Active Power, Inc. (NASDAQ: ACPW)…
First Solar, Inc. (NASDAQ: FSLR) is out with earnings today, and there is nothing great and nothing awful to report in here. For its fourth quarter, revenues were $641.3 million, up from $480.9 million…
This will not be the first time you have heard this statement from 24/7 Wall St… “Solar stocks may be nothing more than leveraged bets that react to sudden price moves in the price…
The U.S. Climate Action Partnership, which has worked to help the progress of federal legislation which covers carbon emissions and green house gases, lost three of its most prominent members–all of them major polluters. ConocoPhillips…
The latest stimulus program news out of Washington is astonishing for its lack of ambition. President Obama announced $8.3 billion in loan guarantees which will support a plan to build the first nuclear power…
SunPower Corp. (NASDAQ: SPWRA) has made what may be one of the first decent sized mergers in the solar sector. The company agreed to acquire SunRay Renewable Energy in Malta for $277 million. The…
The Energy Information Administration is out with its newest 2010 and 2011 predictions for both supply and demand for oil and energy products. This may throw water on T. Boone Pickens’ call for $90…
The rise in the dollar and the most recent wave of added risks that are coming from Europe combined with the loan halts in China have brought havoc to the commodities markets. Oil has…