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News Breaks | | | | January 4, 2013 | | 12:29 EDT |  | MOS, POT, AGU, SCTY, HNR, ARAY, CSTR, FINL | On The Fly: Midday Wrap
Stocks on Wall Street were higher at midday after the monthly jobs report was roughly in-line with forecasts and a measure of growth in the services sector beat expectations. The averages began the session in quiet fashion in what looked like the start of a day of market consolidation after the big advances seen Monday and Wednesday. Yesterday's pullback, triggered by the release of the minutes from the Fed's last meeting, may turn out to be the week's only down day if the current levels hold into the closing bell... ECONOMIC EVENTS: In the U.S., the Labor Department said employers added 155,000 jobs in December, which was about in-line with estimates and near the average pace of job growth over the last year. The unemployment rate for November was upwardly revised to 7.8% and the Labor Department said the 7.8% rate carried over to December as well. Factory orders were flat in November, versus expectations for them to increase 0.4%. The December ISM non-manufacturing index, which measures services sector expansion or contraction, came in at 56.1, versus expectations for a 54.1 reading. Reports from the Energy Information Administration showed inventories of crude oil and natural gas both drew down more than expected last week... COMPANY NEWS: Shares of Mosaic (MOS) advanced over 2.5% following its report of better than expected earnings and its peers in the fertilizer industry, including Potash (POT) and Agrium (AGU), rose in concert... Conversely, Finish Line (FINL) reported a break-even quarter, disappointing the Street and prompting downgrades at Northland Securities and Bank of America Merrill Lynch. Finish Line shares slid nearly 6%... MAJOR MOVERS: Among the notable gainers was recent IPO SolarCity (SCTY), which rose over 16% after it gave guidance for its expected growth in deployments this year. Also higher were shares of Harvest Natural Resources (HNR), up 12% after it announced a new oil discovery in West Africa. Among the noteworthy losers were Accuray (ARAY), down 20% following a downgrade to Underweight at JPMorgan after the company's negative Q2 pre-announcement, and Coinstar (CSTR), down over 5% after its CEO announced plan to retire in March... INDICES: Near noon, the Dow was up 15.88, or 0.12%, to 13,407.24; the Nasdaq was up 3.49, or 0.11%, to 3,104.06; and the S&P 500 was up 4.12, or 0.28%, to 1,463.49. | |
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News For FINL;MOS;POT;AGU;SCTY;HNR;ARAY;CSTR From The Last 14 Days Check below for free stories on FINL;MOS;POT;AGU;SCTY;HNR;ARAY;CSTR the last two weeks. |
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| June 18, 2013 | | 09:15 EDT |  | SCTY | China to generate more heat using solar energy, China Daily says
 Subscribe for More Information | | | 08:56 EDT |  | SCTY | SolarCity sees FY13 megawatts deployed to be 270 MW
Subscribe for More Information | | | 06:43 EDT | | AGU, POT, MOS | White House says president would veto House farm bill, Politico reports
The White House warned yesterday that President Obama would veto the farm bill that the House is considering, according to Politico. The White House objects to cuts in food stamps in the bill, and wants to cut crop insurance subsidies instead, the website stated. Reference Link | | | 06:26 EDT |  | SCTY | SolarCity files to sell $175M of convertible senior notes due 2018
| | | June 17, 2013 | | 11:45 EDT | | SCTY | SolarCity mentioned cautiously by a Seeking Alpha blog
Subscribe for More Information | | | June 15, 2013 | | 15:50 EDT | | SCTY | China to boost solar industry with easier financing, Bloomberg says
Subscribe for More Information | | | June 14, 2013 | | 10:10 EDT |  | SCTY | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 09:38 EDT |  | SCTY | SolarCity rises following upgrade, levels to watch
Subscribe for More Information | | | 09:24 EDT | | SCTY | On The Fly: Pre-market Movers
HIGHER: Groupon (GRPN), up 8% following upgrade at Deutsche Bank... SolarCity (SCTY), up 8% following upgraded to Outperform from Neutral at Credit Suisse... Smith & Wesson (SWHC), up 5.4% after earnings pre-announcement, share buyback plan... Elan (ELN), up 7.7% after starting formal sale process. UP AFTER EARNINGS: Restoration Hardware (RH), up 12.5%. LOWER: China Ming Yang Wind Power (MY), down 4% after CFO steps down... Myriad Genetics (MYGN), down another 4.9% after Supreme Court ruling yesterday on gene patents... News Corp. (NWSA), down 1.5% after CFO announces plan to retire following split. | | | 06:23 EDT | | SCTY | SolarCity upgraded to Outperform from Neutral at Credit Suisse
Subscribe for More Information | | | | 05:57 EDT |  | CSTR | Coinstar price target raised to $75 from $65 at Piper Jaffray
Subscribe for More Information | | | June 13, 2013 | | 06:26 EDT | | SCTY | IHS: Europe solar installations to fall to 11.6GW in 2013, DigiTimes says
Europe solar installations are expected to fall by more than 6GW in 2013, reports DigiTimes, citing IHS. Anti-dumping duties on China-made modules is expected to cause 1.3GW of that decline. Reference Link | | | June 12, 2013 | | 13:09 EDT | | SCTY | IHS still expects solar installations to grow by at least 10% this year
European photovoltaic installations are forecast to fall by more than 6 gigawatts, or GW, in 2013, with 1.3 GW of this decline attributed to incoming EU anti-dumping duties on Chinese modules according to a recently released analysis from IHS, the firm disclosed yesterday. Despite this dramatic fall, IHS still predicts global installations will grow at a double-digit rate to 35 GW in 2013 driven by a surge in demand in Asia. In its latest quarterly analysis on global photovoltaic installation demand, IHS cut has cut its forecast for the second half of 2013 in Europe by more than 1.3 GW, citing the anti-dumping tariffs that came into force on June 6. As a result of these duties, and several other factors, including changes to incentive systems, IHS predicts total European PV installations will fall to 11.6 GW in 2013, down 33 percent from 17.7 GW in 2012.Reference Link | | | June 11, 2013 | | 11:46 EDT | | SCTY | Solar names fall after LDK highlights polysilicon price weakness
Subscribe for More Information | | | 10:39 EDT | | CSTR | Coinstar advances after announcing sale of movie kiosks
Subscribe for More Information | | | 09:57 EDT | | CSTR | Coinstar price target raised to $81 from $66 at Northland Securities
Subscribe for More Information | | | 07:05 EDT | | MOS, AGU, POT | Senate passes farm bill, Politico reports
Subscribe for More Information | | | June 10, 2013 | | 18:48 EDT | | CSTR | Coinstar sees one-time benefit of 62c-69c per share in Q2
Subscribe for More Information | | | 10:31 EDT | | SCTY | SolarCity lock-up expiration to free over 61M shares for sale
Subscribe for More Information | | | 08:27 EDT |  | POT | Potash to hold a virtual meeting
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