Trident raises fiscal 1st-quarter outlook, announces agreement to acquire NXP businessesOctober 5th, 2009 Trident raises fiscal 1st-quarter outlookSANTA CLARA, Calif. — Trident Microsystems Inc., which makes chips for high-definition TV sets, on Monday boosted its fiscal first-quarter outlook, largely due to higher sales.
Ascent Solar shares rise more than 8 pct on new supply deal with Goal ZeroSeptember 22nd, 2009 Ascent Solar shares rise on new supply dealNEW YORK — Shares of Ascent Solar Technologies Inc. rose on Tuesday on news the solar module maker signed a supply deal with Goal Zero LLC.
Optical equipment maker Oclaro raises outlook for its 1st-qtr revenue to $82M to $87MSeptember 21st, 2009 Oclaro raises outlook for its 1Q revenueSAN JOSE, Calif. — Oclaro Inc.
S&P raises Carter's debt rating by a notch to highest junk rating, keeps outlook stableSeptember 21st, 2009 S&P raises Carter's debt rating 1 notchSAN FRANCISCO — Standard & Poor's raised its rating on Carter's Inc.'s corporate debt by a notch to the highest rating still in junk territory and kept its outlook as stable. The rating was raised to BB+ from BB.
Analyst expects Suntech Power to perform in line with peers; sector demand outlook risesSeptember 18th, 2009 Suntech to perform in line with peers-analystNEW YORK — Suntech Power Holdings Co. Ltd. is positioned to perform in line with its peers, as the Chinese solar energy company similarly suggests that demand will be stronger than normal in the coming quarters, an analyst said on Friday.
Analyst raises GE price target, earnings estimates on improved NBC marginsSeptember 15th, 2009 Analyst raises GE price target on NBC marginsHARTFORD, Conn. — Shares of General Electric Co.
Texas Instruments raises 3rd-quarter profit outlook, revenue expectationsSeptember 9th, 2009 Texas Instruments raises 3Q profit outlookDALLAS — Chip maker Texas Instruments is raising its profit outlook for the third quarter. The company said Wednesday it now expects earnings per share between 37 cents and 41 cents in the three months to Sept.
Analyst raises Gap target, estimates on Old Navy performanceSeptember 4th, 2009 Analyst raises Gap target on Old Navy performanceMILWAUKEE — An analyst on Friday raised her estimates and price target for Gap Inc. on the retailer's sales performance last month, primarily in its Old Navy segment.
Intel raises 3rd-quarter sales outlook on improved demandAugust 28th, 2009 Intel raises 3Q sales outlookSANTA CLARA, Calif. — Intel is raising its third-quarter revenue forecast, citing strong demand for its chips.
Suntech Power profit drops 81 pct on pricing pressure for solar panels, cuts shipment outlookAugust 20th, 2009 Suntech Power 2Q profit falls on pricing pressureSAN FRANCISCO — Chinese solar energy company Suntech Power Holdings Co. Ltd. on Thursday posted an 81 percent drop in second-quarter earnings, driven by sales pricing pressure, and cut its full-year shipment outlook.
Analyst upgrades Joy Global, Bucyrus on China demand recovering sooner than expectedAugust 19th, 2009 Analyst upgrades Joy Global, BucyrusHARTFORD, Conn. — Shares of Joy Global Inc.
CVS Caremark profit rises 15 pct on Easter-fueled sales, beats estimates, raises outlookAugust 4th, 2009 CVS Caremark 2Q profit tops view, boosts outlookNEW YORK — CVS Caremark, one of the nation's biggest drugstore operators, said Tuesday its second-quarter profit rose 15 percent, helped by strong pharmacy benefits revenue and a retail sales boost due to a later Easter. The results beat Wall Street expectations and the company boosted its outlook for the full year.
Analyst boosts estimates for Campbell Soup, says growth opportunities aheadJuly 16th, 2009 Analyst boosts estimates for Campbell SoupMILWAUKEE — An analyst on Thursday boosted his estimates for Campbell Soup Co., saying he is optimistic about the soup maker's near-term potential to beat expected earnings. The Camden, N.J.-based company held meetings this week with analysts and officials on Wednesday said they expect to beat their long-range earnings growth target this year, even in a weak economy and tough conditions overseas.
IMF raises Asia 2009 growth forecast on improved prospects for China, IndiaJuly 8th, 2009 IMF raises Asia 2009 growth forecastBEIJING — The International Monetary Fund has raised its 2009 growth forecast for Asia's developing economies from 4.8 percent to 5.5 percent but cautioned that a sustained rebound will depend on recovery in developed economies. The Washington-based cited improved prospects for regional giants China and India.
Barclays analyst says solar industry poised for rapid growth as utilities invest heavilyJune 23rd, 2009 Solar industry to see faster than expected growthNEW YORK — The solar energy industry will grow faster than expected during the next few years as American utilities invest heavily in large-scale solar farms, analysts with Barclays Capital said Tuesday in a research note. Barclays analyst Vishal Shah noted that demand for utility-scale solar projects could eventually make up half of the U.S.