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Stock Market & Financial Investment News

News Breaks
May 28, 2014
10:48 EDTFCEL, FSLR, BLDP, PLUGFuelCell, First Solar advance after upbeat notes from analyst
Shares of FuelCell (FCEL) and First Solar (FSLR) are climbing after research firm Stifel resumed coverage of both stocks with Buy ratings in notes to investors earlier today. First Solar develops solar energy plants, while Fuel Cell develops fuel cell power systems. WHAT'S NEW: FuelCell has made progress in reducing its technology and manufacturing costs, Stifel analyst Sven Eenmaa wrote. Additionally, the company's fuel cell power plant solution is becoming increasingly attractive in several states following a decline in the cost of electricity generated by the product, the analyst believes. Following the price drop, the price of FuelCell's solution is competitive with other renewable energy sources, the analyst wrote. Although FuelCell's U.S. bookings are likely to remain uneven as Americans get used to the technology, these challenges should fade over time, he forecast. The analyst placed a $2.90 price target on the name. First Solar is still strongly positioned to exploit the growth of solar energy around the world, Eenmaa believes. The company should benefit from the proliferation of solar energy projects in the U.S. ahead of the expiration of a tax credit in 2016, the analyst added. Also likely to boost First Solar are the declining cost of financing for solar projects, reductions in the cost of First Solar's cost per watt, and capital raises by yieldcos, the analyst forecast. Yieldcos are subsidiaries of energy companies that own power plants and projects and typically trade on stock exchanges. Eenmaa set a $75 price target on First Solar. PRICE ACTION: In mid-morning trading, FuelCell climbed more than 6% to $2.37 and First Solar gained 1.3% to $62.06. Other fuel cell stocks also rose significantly, with Plug Power (PLUG) rising 4.5% to $4.18 and Ballard Power (BLDP) advancing 7.5% to $3.50.
News For FCEL;FSLR;BLDP;PLUG From The Last 14 Days
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October 20, 2014
07:19 EDTFSLRJPMorgan says recent sell-off in solar space unjustified
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October 14, 2014
06:42 EDTFSLRPV modules with solar-grade wafers to account for 89% of capacity, DigiTimes says
Solarbuzz says solar photovoltaic modules using solar-grade wafers will account for 89% of solar capacity forecast to be installed in 2014, reports DigiTimes. Thin-filmed panel makers will supply nearly 8% of end-market demand in 2014, while premium cyrstalline silicon suppliers making up the remaining 3% share. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL), Panasonic (PCRFY) and Yingli Green Energy (YGE). Reference Link
October 13, 2014
11:20 EDTFSLRStocks with call strike movement; FSLR DAL
First Solar (FSLR) January 65 call option implied volatility increased 4% to 54, Delta Air Lines (DAL) January 36 call option implied volatility increased 8% to 47 according to IVolatility.
October 10, 2014
07:03 EDTPLUGPlug Power backs FY14 revenue guidance of $75M, consensus $75.93M
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October 9, 2014
09:25 EDTFSLRFirst Solar reiterated as a Sell at Goldman
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09:20 EDTBLDP, PLUGOn The Fly: Pre-market Movers
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