New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 11, 2013
10:22 EDTZOLT, VWDRYZoltek jumps after Vestas gets approval for credit facilities
Shares of Zoltek (ZOLT), which develops, manufactures and markets carbon fibers, are higher in morning trading, following an overseas advance in the stock of one of its major customers, Vestas Wind Systems (VWDRY). Vestas shares trading on the Nasdaq OMX Copenhagen exchange rose as much as 9.4% today, according to Bloomberg, which attributed the move up to Chinaís plans to boost wind energy, which may raise prices, along with creditors approval of the turbine makerís lending facilities. In its 10-K filing from November, Zoltek stated that in its fiscal 2012, the company reported net sales of $86.6M to Vestas Wind Systems, which represented 46.5% of Zoltek's net sales. In early morning trading, shares of Zoltek advanced 26c, or 3.23% to $8.32. Reference Link
News For ZOLT;VWDRY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 24, 2014
06:38 EDTVWDRYEU sets emissions, renewable energy targets, NY Times says
Subscribe for More Information
October 15, 2014
05:27 EDTVWDRYVestas Wind upgraded to Neutral from Underperform at Exane BNP Paribas
Subscribe for More Information
05:25 EDTVWDRYVestas Wind upgraded to Neutral from Underperform at Credit Suisse
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