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SolarCity, with its shares up more than 50 percent in a little more than a week, may go down as the poster child of the sizzling market for this nutty round of solar stocks.
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SolarCity, with its shares up more than 50 percent in a little more than a week, may go down as the poster child of the sizzling market for this nutty round of solar stocks.
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NEW YORK-- Solar companies traded mostly higher on Tuesday as Yingli Green Energy Holdings Co. raised its first-quarter solar shipment forecast. Yingli's revised outlook comes one day after Chinese panel maker JA Solar Holdings Co. announced a rare rise in first-quarter revenue and a smaller-than-expected loss for the period.
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Solar stocks rose Monday after Chinese panel maker JA Solar announced a rare rise in revenue and quarterly loss far smaller than expected. JA Solar Holdings Co. Ltd., based in Shanghai, announced Monday that revenue in the first quarter rose compared with a year earlier for the first time since June of 2011, and that its loss narrowed.
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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Solar stocks are glowing this year, and positive earnings are adding energy to the rally, with Thomas Werner, SunPower CEO.
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Mayflower Bancorp Inc. rose 64.5 percent to $17.55. Insmed Inc. rose 17.8 percent to $10.77. YRC Worldwide Inc. rose 15.8 percent to $18.32.
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*Empire State Index contracts, PPI shows weak inflation pressure. NEW YORK, May 15- U.S. stocks climbed on Wednesday, with the Dow and S&P 500 hitting new all-time highs as the market's recent upward momentum persisted and offset some weak economic data.
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*Empire State Index contracts, PPI shows weak inflation pressure. NEW YORK, May 15- The S&P 500 and the Nasdaq rose for a fourth straight day on Wednesday as tech shares gained and offset some weak economic data.
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*Empire State contracts to lowest level in four months. NEW YORK, May 15- U.S. stocks slipped on Wednesday, as both the Dow and S&P 500 held near their most recent record highs after a flurry of economic data did little to upset investor expectations for central bank policies.
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*Empire State contracts to lowest level in four months. NEW YORK, May 15- U.S. stocks were set to dip at the open on Wednesday, indicating the S&P 500 may ease from its most recent record high after weaker-than-expected manufacturing data.
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Though investors are abandoning solar manufacturing, the solar game is far from over, with the next boom expected in storage, one analyst says.
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*Northland Capital raises target price to $17 from $14; rating outperform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*Lazard raises price target to $20 from $15; rating buy. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*Jefferies raises price target to $11.50 from $8; rating hold. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*Baird raises price target to $18 from $16; rating outperform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*RBC raises price target to $16; rating sector perform. Reuters Station users, click. 1568. Reuters Station users, click. 4899 (; ().
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Stocks finished near session highs Thursday, propelling the S&P 500 to a fresh intraday high, as Wall Street cheered a better-than-expected jobless claims report and after the European Central Bank cut its key interest rate.
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May 2- SunPower Corp, which makes solar panels and builds projects with them, on Thursday posted better-than-expected quarterly results due to strong demand for solar energy in North America and Japan, sending its shares up more than 17 percent.
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Check out which companies are making headlines after the bell Thursday:
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May 2- SunPower Corp on Thursday posted better-than-expected quarterly results due to strong demand for solar projects in North America and Japan, sending its shares up more than 17 percent. Excluding one-time items, SunPower earned 22 cents per share. SunPower shares closed 17.6 percent higher at $15.29 on the Nasdaq.