Crude Jumps On Inventory Report (USO, UNG, CSIQ, GDP, FSLR, VLO, CLNE, XOM, MRO, CVX) Crude oil futures jumped over 1% after a weekly U.S. government inventories report showed a smaller-than-expected rise. Gains also supported by strong job creation by the private sector and on reports that Federal Reserve officials are considering a new...
Solar Stocks Slumped, First Solar hits Multi year Low (FSLR, TSL, JKS, CSIQ) Solar Stocks continued to slid on Monday, extending its previous week’s sharp losses as First Solar, Inc.(NASDAQ:FSLR) hits new multi year lows after The U.S. Securities and Exchange Commission announced an in internal investigation regarding a possible false and misleading statements....
First Solar Put Pressure On Solar Sector (TAN, FSLR, YGE, JKS, LDK, SOL, STP) The solar sector is one of the worst performers on Wednesday as First Solar, Inc.(NASDAQ:FSLR) surprisingly posted fourth quarter loss and provided lower than estimated FY2012 sales growth. Claymore/MAC Global Solar Index (ETF)(NYSEARCA:TAN) slumped 3.20% to $29.33. First Solar, Inc....
Solar Stocks Slump As Germany plans incentives cut (TAN, FSLR, YGE, JASO, TSL, LDK) Solar sector is the worst performer on Thursday as Germany, the world’s No.2 photovoltaic market, is planning to cut solar power incentives by between 20 percent and 30 percent from March 9, rather than from expected April 1. The decision...
Solar Stocks Bounced Back (SPWR, DSTI, FSLR, CSIQ, YGE) SunPower Corporation (NASDAQ:SPWR) jumped up 22.53% to $9.19 on a traded volume of 2.35 million shares after the Company posted fourth quarter results. Revenue for the fourth quarter was $$563.4 million compared to $937.1 million in the previous year period. GAAP net loss was...
Crude Oil hits 9-Month High On Iran, Greece hopes (ECA, KEG, EOG, FSLR, CLD, OIS) Crude-oil oil futures extended its rally Friday boosted by ongoing geopolitical tensions involving Iran and on hopes that Greece is close to securing a second bailout. Crude for March delivery climbed $0.52, or 0.51%, to $102.82 a barrel on...
Solar Stocks Slump On German Subsidy Cuts (TAN, ENER, YGE, TSL, JKS, WFR, FSLR) Solar stocks are hammering down Tuesday on concerns of steeper-than-expected cuts in Germany’s feed-in-tariff and bankruptcy by Energy Conversion Devices, Inc. (NASDAQ:ENER). Claymore/MAC Global Solar Index (ETF) (NYSEARCA:TAN) slumped over 6% to $3.20. Analysts are estimating that there’s a possibility...
Solar Stocks Underperform, First Solar Slumps (FSLR, STP, YGE, CSUN, ENER) Shares of solar companies are under heavy selling pressure on Monday with First Solar, Inc. (NASDAQ:FSLR) leading the sector south after analyst at Brigantine provided negative report on the stock and downgraded the stock. Shares of FSLR slumped 5% to $41.84 as the...
Crude Oil Slid as Greece deal delayed, IEA Cuts Outlook (USO, UNG, FSLR, AONE, EXC, COP, EVEP, CIE, PPL, CPN) Crude oil futures fell for the first day in past four days after The International Energy Agency trimmed its global oil demand growth outlook for 2012. Moreover, bearish signal is also from European finance...
Crude Oil pare Losses On Dollar Weakness (USO, UHN, UNG, FSLR, IOC, MMP, APC, BP) Crude oil paired all its early losses and moved up sharply on Tuesday on reports that Greece is on the verge of finalizing a final agreement for a second rescue package, which has pushed the euro higher against the...
