New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 28, 2014
10:48 EDTPLUG, FCEL, BLDP, FSLRFuelCell, 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
Sign up for a free trial to see the rest of the stories you've been missing.
March 20, 2015
06:55 EDTFSLRU.S. delegates to work with China on environmental issues, China Daily says
The U.S. government is sending several high-level representatives to China in an effort to advance cooperation on energy, the environment and climate change, China Daily reported yesterday. The two countries signed a major climate change deal in November, the newspaper noted. Publicly traded companies in the solar energy space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
March 17, 2015
10:25 EDTPLUGPlug Power says can reach $500M in revenue in the next 4-5 years
Subscribe for More Information
10:13 EDTPLUGPlug Power reports Q4 adjusted EPS 8c, consensus (4c)
Subscribe for More Information
10:08 EDTPLUGPlug Power says sees over $100M in revenue for 2015, consensus $107.13M
Says plans to recognize over $100M in revenue for 2015, consensus $107.13M. Says targeting $200M in bookings, with approx. 75% coming from repeat customers. In 2015, also plans to continue to increase gross margins, continue investment in expanding hydrogen offering. Says company is financially secure. Comments made on the Q4 earnings conference call. Plug Power is down 8.36% to $2.52 in morning trading.
09:25 EDTPLUGOn The Fly: Pre-market Movers
Subscribe for More Information
07:06 EDTPLUGPlug Power reports Q4 EPS (4c), consensus (4c)
Subscribe for More Information
March 16, 2015
15:26 EDTPLUGNotable companies reporting before tomorrow's open
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use