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Stock Market & Financial Investment News

News Breaks
February 28, 2013
10:21 EDTTOT, SPWRSunPower climbs after analyst says stock can continue run-up
Shares of solar energy company SunPower (SPWR), which have jumped about 175% in the last three months, are advancing again after Citigroup analyst Shahriar Pourreza wrote that the company's stock can advance further. SunPower has a number of positive catalysts, including greater investor interest in solar energy stocks and the expansion of third party financing for solar energy companies, the analyst stated in a note to investors earlier today. Moreover, SunPower's joint venture in Japan should generate significant growth and it is well-positioned to win a sizable share of new projects in the Middle East, which is expected to become a major player in solar energy, Pourreza contends. Finally, Total's (TOT) 66% stake in SunPower puts a floor under the stock and SunPower should benefit from its diverse product pipeline, added the analyst. Pourreza's price target on the shares was increased to $16 from $12 and the analyst maintained a Buy rating on the stock, which rose 80c, or 7%, to $12.50 in early trading.
News For SPWR;TOT From The Last 14 Days
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July 1, 2015
07:30 EDTSPWRDrop is Solar stocks a buying opportunity, says Deutsche Bank
Deutsche Bank analyst Vishal Shah attributes the recent weakness in the Solar space to investor concerns around increased interest rate and growth uncertainty, especially of YieldCos. Shah, however, views YieldCos as a significant growth catalyst for the solar and broader renewables sector. The analyst expects the current weakness to provide an attractive entry point for longer term investors. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE).
June 30, 2015
11:38 EDTTOTAmyris agrees to restructure fuels joint venture with Total
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June 26, 2015
06:22 EDTTOTTotal in talks to sell U.K. gas pipeline to ArcLight, Bloomberg reports
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June 24, 2015
07:19 EDTTOTU.K. panel to decide on first fracking in area since 2011, WSJ reports
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June 22, 2015
07:34 EDTTOTTullow says it settled capital gains tax dispute with Uganda government
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June 19, 2015
11:21 EDTSPWR8point3 Energy Partners opens at $20.75, IPO priced at $21.00
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11:10 EDTSPWR8point3 Energy Partners IPO indicated to open $20.60
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10:57 EDTSPWR8point3 Energy Partners IPO indicated to open $20.75
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10:52 EDTSPWR8point3 Energy Partners IPO indicated to open $20.50
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10:51 EDTSPWR8point3 Energy Partners IPO indicated to open $20.25
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10:46 EDTSPWR8point3 Energy Partners IPO indicated to open $20, IPO priced at $21
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05:43 EDTTOTTotal sells interest in Schwedt Refinery to Rosneft
Total has signed an agreement to sell its 16.67% interest in the Schwedt refinery in northeastern Germany to Rosneft, which already holds indirectly an 18.75% stake in the facility. The transaction is valued at $300M excluding working capital and remains subject to customary approvals.
June 18, 2015
08:01 EDTSPWRSunPower starts construction on 102-megawatt Henrietta Solar Project
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