Two analysts told CNBC that they saw no traces of a stock bubble and even said that the market is undervalued at the moment.» Read More
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Hewlett-Packard Co., down $3.82 to $34.67. Lumber Liquidators Holdings Inc., down $18.15 to $50.63.
Apple Inc. fell. 9 percent to $131.00 with 30,241,000 shares traded. Biocept Inc. rose 36.0 percent to $4.61 with 31,758,800 shares traded. CollabRx Inc. rose 47.9 percent to $1.76 with 12,025,800 shares traded.
Discussing the benefit to solar stocks on news First Solar and SunPower are in talks to form a joint-venture yield co, with Ben Kallo, Robert W. Baird & Co. senior analyst.
First Solar and SunPower are in talks to form a joint-venture yield co. SunEdison CEO Ahmad Chatila is excited about the announcement, and believes it will drive his stock price higher.
Check out which companies are making headlines after the bell Tuesday: HP, Lending Club, DreamWorks & more.
Feb 24- U.S. solar company First Solar Inc on Tuesday reported sharply higher quarterly earnings in part due to the sale of a large California solar power plant to Southern Co.. For the first quarter, First Solar forecast sales of $550 million to $650 million and a loss of 25 cents to 35 cents a share. On Monday, First Solar and SunPower said they were in talks to bundle...
TEMPE, Ariz. _ First Solar Inc. on Tuesday reported fourth-quarter profit of $192 million. Analysts expected $1.27 billion, according to Zacks. For the current quarter ending in March, First Solar said it expects revenue in the range of $550 million to $650 million.
U.S. stocks closed at highs as Yellen's congressional testimony indicated that a rate hike would likely come later rather than sooner.
First Solar and SunPower are in talks to form a joint-venture yield co. Gordon Johnson, Axiom Capital Management, shares his trade on these stocks.
Some utilities are pushing back against the growing number of customers who use solar technology to generate their own electricity.
The "Halftime Report" traders give their final trades of the show.
SunPower Corp. rose 18.0 percent to $32.80. Staar Surgical Co. rose 12.9 percent to $7.20. Chart Industries Inc. rose 10.9 percent to $34.79.
Apple Inc. fell. 6 percent to $132.17 with 67,034,000 shares traded. Biocept Inc. rose 54.1 percent to $3.39 with 33,310,800 shares traded. Comcast Corp. rose 1.6 percent to $59.17 with 19,817,100 shares traded.
*SunPower Q4 adj profit of $0.26/ shares vs est. of $0.24. *SunPower, First Solar shares up on JV news. Feb 24- Shares of solar companies got a boost on Tuesday, a day after SunPower Corp and First Solar Inc said they were in talks to jointly spin off some assets, a move expected to generate stable cash flows for the long-standing rivals.
As investors await word on U.S. interest rate increases, quantitative easing certainly seems to be helping stock markets in Europe and Japan.
The latest milestones came as investors liked what they heard from Federal Reserve Chair Janet Yellen, who told Congress the central bank would be patient about raising interest rates as the economy improves. "Markets had been very focused on the Yellen testimony and wanted to see if there was going to be any change in the outlook for the first Fed rate hike," said...
U.S. stock index futures signaled a flat open on Tuesday, as investors await hints on the timing of a rate rise at Fed Chair Janet Yellen's speech.
Some of the names on the move ahead of the open.
Feb 23- First Solar Inc and SunPower Corp said they were in advanced talks to form a joint venture, which will hold some of their solar power-generating assets. First Solar's shares rose 10.4 percent, while SunPower's stock was up 11.8 percent in after-market trading on Monday. First Solar and SunPower said they intend to file with the U.S. Securities and Exchange...
NEW YORK— Solar power companies First Solar and SunPower said Monday they plan to combine some of their assets into an investment vehicle that is intended to provide steady dividends. Both First Solar Inc. and SunPower Corp. would contribute some assets to the partnership, and the companies said they intend to file for an initial public offering.