With the Dow soaring to new highs, Jim Cramer is ready to do some buying in case the euphoria wears off.» Read More
NEW YORK, March 1- What a difference a year makes. New England' s power grid operator, ISO New England, provided incentives to encourage generators to lock in oil and gas supplies early, offering an end-of-season cash payout to cover any excess costs from unused fuel supplies, among other things. "Both the region's power grid and its resources have been operating well...
February proved to be a strong month for U.S. stocks, even though it ended in downbeat fashion. It also brought the Nasdaq composite within striking distance of its March 2000 high. But the S&P 500' s 5.5 percent performance marked its best monthly increase since October 2011, and a turnaround from its 3.1 percent slide in January.
PRINCETON, N.J. _ NRG Energy Inc. on Friday reported fourth-quarter net income of $119 million, after reporting a loss in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.
*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.
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...
SAN FRANCISCO, Jan 5- California Governor Jerry Brown on Monday laid out an ambitious plan for 50 percent of the state's electricity to be generated by renewable resources over the next 15 years and to cut petroleum usage by drivers. SolarCity Corp, the largest U.S. residential solar panel installer, and Vivint Solar Inc are already big players in California.
"If people think this is just to raise the flag, it's not going to last long," said Christopher Flensborg, Head of Sustainable Products and Product Development for Skandinaviska Enskilda Banken AB, the Swedish bank that's the world's largest underwriter of green bonds. Green bonds used to come exclusively from AAA-rated organizations like the World Bank; the...
Nov 13- The controversial government program that funded failed solar company Solyndra, and became a lighting rod in the 2012 presidential election, is officially in the black. According to a report by the Department of Energy, interest payments to the government from projects funded by the Loan Programs Office were $810 million as of September- higher than the...
Some of Wednesday's midday movers:
*Deal would deconsolidate 2.6 bln euros of debt. MADRID, Oct 23- Spanish builder ACS will postpone until at least early 2015 a planned listing of its wind and solar power generating assets, a source with knowledge of the company's plans said on Thursday, joining a growing list of European firms pulling share offerings amid tough market conditions.
The residential solar market is on fire, but the trend could disrupt some traditional energy companies.
NEW YORK, Oct 10- The hunt for dividend yield is pushing U.S. fund managers into an unproven new offshoot of the alternative energy industry. Notable buyers include the $29.3 billion BlackRock Equity Dividend Fund and the $9.2 billion T. Rowe Price Small-Cap Stock fund. "We see these as a way to get a decent yield now and high likelihood into the yield growing...
David Crane, NRG Energy CEO, discusses his green energy initiatives. The only double-digit growth area is the clean energy portion of the space, says Crane.
Calgary- based TransCanada Corp is emerging as a possible target, with several U.S. activist hedge funds reviewing the nearly $38 billion pipeline operator as a break-up candidate, people close to the matter said.
*Payrolls data weaker than expected. NEW YORK, Sept 5- U.S. stocks ended higher on Friday, lifting the S&P 500 to a fresh closing high, after a weaker-than-expected jobs report was taken as a sign that the Federal Reserve will not begin raising interest rates anytime soon.
*Payrolls data weaker than expected. NEW YORK, Sept 5- U.S. stocks rose on Friday afternoon, rebounding from losses earlier in the session, as investors took a weak payrolls report to mean there was little risk the Federal Reserve would speed up its plans to raise interest rates.
The U.S. is the third-largest solar market, and it's growing rapidly because of private investment and federal support.
Some of the names on the move ahead of the open.
Take a look at some of Tuesday's midday movers:
Since January, utilities have been the top performer in the S&P. But investors beware: If interest rates rise, you could be hard-hit.