Fox Business - The Power to Prosper
Search Site

Morningstar Investment Conference

Solar Stocks on Fire

Shares of major solar companies are soaring into green territory on Tuesday as shipments begin ticking up and the Chinese-based renewable energy producers grow optimistic on the long term.China-based Yingli Green Energy (NYSE:YGE) jumped 31% following its preliminary financial results where it showed shipments falling by 6% to 7% in the fourth quarter, better than its previous guidance.Shanghai-based JA Solar (NASDASQ:JASO) climbed more than 10% as the company late Monday revealed a narrowed operating loss and a sharper-than-expected increase in shipments.The surprise earnings and outlooks helped raise shares of the entire solar-panel renewable energy sector, with Suntech Power (NYSE:STP) increasing by more than 13%, RenaSola (NYSE:SOL) by more than 17% and Trina Solar (NYSE:TSL) by more than 23%.Shares of FirstSolar (NASDAQ:FSLR), the largest of the solar companies with a market cap of nearly $5 billion, grew more than 3% to $56.61 in recent trade. "My suspicion is there is a short sq...

Read More

  1. U.S. broadcast TV ratings slide pressures ad rates at 'upfronts'

    U.S. broadcast networks head into their biggest ad-selling season this week, competing with streaming services like Netflix, battling online players for ad dollars, ...

  2. Pimco's Gross Boosts U.S. Treasury Bond Holdings

    Bill Gross, manager of the world's biggest bond fund, boosted U.S. Treasury debt holdings to their highest level in more than a year in April when the safe-harbor ma...

  3. Dean Foods Profit Rises, Affirms Full-year Outlook

    Dean Foods Co. reported its first-quarter profit rose to $492.6 million, or $2.63 a share, from $37.9 million, or 20 cents a share, a year earlier. Adjusted earnings...

  4. Penney sales tumble again, amid hopeful signs

    J.C. Penney Co Inc on Tuesday reported another quarter of steep sales declines, hit by the lingering effects of its former chief executive's failed marketing strateg...

  5. Five Types of Energy Stocks to Power Returns

    Energy stoc ks may be the right fuel for your portfolio this year.Despite a lackluster showing last year, the sector is undervalued, is paying handsome dividends and...

  6. Occidental shareholders vote out long-time chairman Irani

    SANTA MONICA, California (Reuters) - Occidental Petroleum Corp shareholders voted to oust Executive Chairman Ray Irani after more than two decades of leading the fou...

  7. Bond Fund Managers are Loading Up on Stocks

    How screwy is the world of high finance? So much so, that bond fund managers who should be investing exclusively in bonds, are now loading up on stocks.According to ...

  8. U.S. Cellular Makes Turnaround Bid With iPhone Plans

    U.S. Cellular (USM) is finally going to join the Apple Inc. (AAPL) iPhone club, a bid by the small wireless carrier to turn around it prospects.The company--a unit a...

  9. Analysis: TPG-Axon won't find quick fixes for SandRidge

    Hedge fund TPG-Axon Capital has won nearly half the seats on SandRidge Energy Corp's board but faces an uphill battle to reverse the oil and gas company's slumping s...

  10. Loblaw promises more actions after Bangladesh tragedy

    Loblaw Cos Ltd , Canada's largest food retailer, said it would soon announce more actions in the wake of the collapse of a building in Bangladesh where some of its "...

  11. Chesapeake Energy Swings To 1st-Quarter Profit

    Chesapeake Energy Corp. (CHK) swung to a quarterly profit Wednesday as the oil and gas company, fresh from a dramatic management shake-up, showed investors it could ...

  12. Three Ways to Ring up Profits With Telecom Stocks

    Looking for stocks with strong signals?Maybe you should make the call on telecommunications stocks. The American addiction to small devices, such as tablet computers...

  1. Plains Exploration Shareholders Approve Freeport-McMoRan Deal

    Plains Exploration & Production Co.'s (PXP) shareholders Monday approved a $6.5 billion merger with Freeport-McMoRan Copper & Gold Inc. (FCX), overcoming earlier pre...

  2. Investing, President-Style

    The White House on Wednesday released the president and vice president's financial disclosure forms, which cataloged the top executives' -- and their spouses' -- inv...

  3. China deal ends distraction, but not questions, for Caterpillar

    Caterpillar Inc's deal to cut the purchase price of a Chinese mining-equipment maker it bought last year ends an embarrassing episode that overshadowed the company's...

  4. Four Things Einhorn, Soros Are Forgetting About Gold Miners ETF

    Highlighting fourth-quarter 13F filings with the Securities and Exchange Commission, it was noted hedge fund legends David Einhorn and George Soros held sizable stak...

  5. Ohio's well data shatters shale oil hopes

    U.S. hopes for a new shale oil bonanza in Ohio, joining the prolific Bakken and Eagle Ford plays that have raised production to 20-year highs, were shattered on Thur...

  6. Deutsche Bank Names U.S. Wealth Management Executive

    Deutsche Bank AG on Wednesday named a new head of its U.S. asset and wealth management division for the Americas, effective immediately, as part of the bank's effort...

  7. Schneider Powers Up Services Business During Equipment Slump

    France's Schneider Electric SA (SU.FR) is countering weak demand from Western Europe by bulking up its software and services business, where sales are growing fast t...

‹ Prev12345Next ›
Freebase CC-BY
Source: Morningstar Investment Conference on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL