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Short Sellers Focus on SolarCity and SunPower
Friday, March 1, 2013 - 1:59pm | 897Read More...With a couple of exceptions, the short interest in solar-related companies based in the United States declined in the first two weeks of February. The short interest in Advanced Energy Industries (NASDAQ: AEIS), First Solar (NASDAQ: FSLR), GT Advanced Technologies (NASDAQ: GTAT) and MEMC...
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First Solar Hits Nasty "Speed Bump"
Wednesday, February 27, 2013 - 9:12am | 542Read More...First Solar (NASDAQ: FSLR) fell 4.22 percent to $31.36 in regular trading Tuesday. Then shares fell 11 percent to $27.91 after-hours after another terrible earnings release. According to Marketwatch, “First Solar’s ongoing business transformation has hit a nasty speed bump.” This has led to a...
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Earnings Expectations for the Week of February 25
Sunday, February 24, 2013 - 7:09pm | 1012Read More...After Abercrombie & Fitch (NYSE: ANF), Nordstrom (NYSE: JWN) and Walmart (NYSE: WMT) all posted better-than-expected per-share earnings last week, the quarterly results from big retailers continue to roll out this week. Analysts on average expect that earnings from Home Depot (NYSE: HD), Macy'...
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Short Interest Swings in U.S. Solar Stocks (AEIS, SCTY, WFR)
Tuesday, February 12, 2013 - 4:22pm | 878Read More...The short interest in solar-related companies based in the United States was mixed in the latter two weeks of January. Though the number of shares sold short in SolarCity (NASDAQ: SCTY) and SunPower (NASDAQ: SPWR) grew between the January 15 and January 31 settlement dates, short interest in...
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Solar Sector Set for a Comeback? (FSLR, WFR, SPWR)
Wednesday, February 6, 2013 - 4:05pm | 804Read More...There is no doubt that the solar sector has taken its lumps of late. But the industry may be poised for a comeback. At least that appears to be the view of the Citigroup (NYSE: C) global solar sector research team. The analysts on the team announced in a research note Wednesday that they were...
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Earnings Expectations for the Week of July 30
Monday, July 30, 2012 - 10:46am | 980Read More...Most of the companies that compose the S&P 500 have reported second-quarter results already. According to Bloomberg, some 72 percent of S&P 500 companies that have reported quarterly results so far have exceeded analysts' estimates. But the earnings season is not over quite yet. Among the...
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First Solar's Japanese-Fueled Rally is Misguided
Monday, June 18, 2012 - 2:51pm | 547Read More...The solar stocks have been rallying today following a Bloomberg article about Japanese solar power incentives. According to the article, Japan will overtake Germany and Italy as the second biggest solar power market in the world. The incentives might be a catalyst for more than $9.6 billion in...
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UPDATE: Piper Jaffray Downgrades First Solar, Lowers PT
Wednesday, December 14, 2011 - 4:53pm | 112Read More...Piper Jaffray downgraded First Solar (NASDAQ: FSLR) from Overweight to Neutral and lowered its First Solar price target from $95 to $26 in a research report published today. In the report, Piper Jaffray states, "FSLR is refocusing on just its utility scale business, de-emphasizing 3rd party module...
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First Solar Tanking Pre-Market on Guidance Adjustments, Announces Exec Changes
Wednesday, December 14, 2011 - 10:04am | 1174Read More...The best part of waking up is NOT First Solar in your cup. But what a way to start the trading day. First Solar (NASDAQ: FSLR) announced earlier this morning that it is reducing its forecast for 2011, dropping its initial net sales expectations from $3.0 to $3.3 billion to $2.8 to $2.9 billion....
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First Solar To Miss Funding Deadline
Monday, September 26, 2011 - 8:38pm | 544Read More...Image via Wikipedia First Solar stated that it will not meet its federal funding program deadline for its big solar power facility in California. As a result, its shares came crashing down to their worst level in the last four years. In response, the announcement that was made by First Solar has...
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First Solar is Ready for a Breakout
Tuesday, August 30, 2011 - 7:37pm | 471Read More...First Solar has rebounded nicely after forming a short term bottom just above $87.00 a week ago. After rallying over 10 points in just a week's time, this stock looks poised for another big move. Here's why... Inside Value Relationship It's no secret that I prey upon charts that have an Inside...
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Rolling the Dice With Solar: TAN, JKS, FSLR, and Snake Eyes
Wednesday, July 27, 2011 - 9:19am | 417Read More...FRANKFURT - Solar has not given most investors in the sector a sunny disposition so far this year. The Guggenheim Solar ETF (NYSE: TAN) is down over 8% year-to-date and an investor who has stuck it out with ReneSola (NYSE: SOL) has seen that investment drop by over 45% since the beginning of the...
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Axiom Capital Increases PT on First Solar
Wednesday, July 6, 2011 - 6:23am | 48Read More...Axiom Capital increased its price target on First Solar (NASDAQ: FSLR) to $75. On Tuesday, First Solar lost 0.73% of its value to end the day at $132.09. Its shares regained some of yesterday's losses in today's pre-market trading, however, edging 0.08% higher to $132.20.
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Jefferies Raises PT On First Solar To $140
Friday, July 1, 2011 - 6:14am | 27Read More...Jefferies & Company has raised the price target on First Solar (NASDAQ: FSLR) from $133 to $140 and maintains its Hold rating.
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Jefferies Lowers PT On First Solar To $133
Tuesday, June 28, 2011 - 6:25am | 27Read More...Jefferies & Company has lowered the price target on First Solar (NASDAQ: FSLR) from $145 to $133 and maintains its Hold rating.
