AVR
We are still in the midst of “annual report season” as companies have been submitting their 10-K filings with the SEC. Or in some cases delaying those filings. There is one theme that...
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These are the top analyst downgrades and negative research calls we have seen on Wall Street this Wednesday morning: Aegon (AEG) Cut to Sell at UBS. Ascent Solar (ASTI) Cut to Sell at Cantor...
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A Brazilian newspaper reports this morning that Archer Daniels Midland Company (NYSE: ADM) may purchase the Brazilian ethanol group Unialco, together with a mill belonging to Da Mata. According to...
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If there is one phrase that a company does not want to see in its annual report, it is “GOING CONCERN.” This hinges on a company’s ability to operate financially as a viable...
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The news on the ethanol front this morning is, shall we say, mixed. First, Pacific Ethanol (NASDAQ:PEIX) announced yesterday that it would increase its non-cash impairment charge for the suspended...
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Pacific Ethanol (NASDAQ:PEIX) reported third quarter numbers this morning and any resemblance to VeraSun and Aventine (NYSE:AVR) is purely familial. Pacific had revenue of $184 million, compared with...
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This morning’s earnings report from Archer-Daniels-Midland (NYSE:ADM) offers proof that if a company is going to be in the ethanol business, it had better have a fallback position. ADM blew past...
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Ethanol stocks have been getting pounded since their IPOs and the sector has lost its luster. Pacific Ethanol Inc. (NASDAQ:PEIX) was the exception for a while as it has Bill Gates as an investor...
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VeraSun Energy (NYSE:VSE) reported second quarter 2008 earnings before the market opened today. The company’s revenues soared by 499% to $1.015 billion, compared with $170 million for the same...
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Aventine Renewable Energy Holdings, Inc (NYSE: AVR) is set to report earnings after today’s close. First Call has estimates pegged at $0.13 EPS on $611.6 million in revenues. If it offers...
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These are not all of the downgrades or negative calls we have seen, but these are some calls moving shares this Monday morning: 51jobs (JOBS) Cut to Sell at Goldman Sachs. AU Optronics (AUO) Cut to...
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These are not all of the upgrades or positive analyst calls seen this morning but these are some of the top calls seen this Friday morning: Aventine Renewable (NYSE: AVR) Raised to Buy from Neutral...
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In coverage this morning, Goldman Sachs has come out and reiterated the firm’s Cautious analyst coverage view for the corn-based ethanol producers. Specifically, the firm has reiterated...
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Very few people drive down the miles-long highways and dirt roads in the middle of the country to see combines cut grain and fertilizer trucks spread chemicals. The picture is not monochromatic, at...
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Oppenheimer has initiated coverage of the down and out US-ethanol sector, and the group was given a lackluster "Perform" rating. "Perform" ratings have been assigned to Aventine...
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