Medicines sets 3rd-quarter revenue outlook below Wall Street analyst forecastsOctober 6th, 2009 Medicines sets 3Q revenue outlook below forecastsPARSIPPANY, N.J. — Drugmaker Medicines Co.
Analyst attributes 4Q solar shipment growth outlook to German market, raises estimatesSeptember 21st, 2009 4Q solar growth outlook driven by Germany-analystNEW YORK — Fourth-quarter solar shipments could rise from third-quarter levels, despite typical seasonal weakness, driven mainly by German shipments, said an analyst on Monday as he held to his ratings for First Solar Inc. and SunPower Corp., while maintaining a "Neutral" rating for the sector.
Analyst lifts Zimmer rating on new product launches, expects implant market recovery in 2010September 21st, 2009 Zimmer rises following upgrade to 'Outperform'NEW YORK — Shares of Zimmer Holdings Inc. traded higher Monday after a Sanford Bernstein analyst upgraded the orthopedic implant maker, saying a series of new product launches should lead to a recovery in revenue and share price.
Silicon Labs raises 3rd-quarter outlook on better demand for broadcast audio, microcontrollersSeptember 15th, 2009 Silicon Laboratories raises 3Q guidanceAUSTIN, Texas — Chip maker Silicon Laboratories Inc. on Tuesday raised its outlook for the third quarter through September, citing better-than-expected demand for its broadcast audio and microcontroller products.
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.
Solar stocks mixed as more solar companies post results, analysts warn of near-term challengesAugust 27th, 2009 Sector Snap: Solar stocks mixed on earnings newsNEW YORK — Solar stocks were mixed on Thursday as two solar companies reported quarterly results and analysts raised concerns about near-term challenges for solar companies. Solar panel product maker Energy Conversion Devices Inc.
FreightCar America shares fall after analyst says stock is too expensive to keep 'Buy'August 25th, 2009 FreightCar America shares fall after downgradeNEW YORK — FreightCar America Inc. fell Tuesday after an analyst downgraded the stock, saying shares of the railcar manufacturer were too expensive to warrant a "Buy" rating.
Analyst sees rising prices, increased demand for steel makersAugust 19th, 2009 Ahead of the Bell: Steel SectorHARTFORD, Conn. — Domestic steel prices are on the rise as demand increases and inventories remain weak, though investors may be cautious as prices for Chinese steel declines in the short term, an analyst said Wednesday.
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.
Analyst starts coverage of FedEx and UPS, says FedEx shares have more room to growAugust 18th, 2009 Sector Snap: Analyst starts coverage of FedEx, UPSNEW YORK — An RBC Capital Markets analyst initiated coverage on the world's two largest package delivery carriers on Tuesday, saying that FedEx Corp. shares might grow more as the economy begins to recover.
Stifel Financial shares gain after posting strong 2nd-qtr profit gains, topping Street viewAugust 11th, 2009 Stifel shares jump after 2Q results top StreetNEW YORK — Stifel Financial Corp. shares rallied Tuesday after the brokerage and investment adviser posted second-quarter profit well-ahead of Wall Street's expectations.
Power company Xcel reaffirms profit outlook of $1.45-$1.55 per shareJuly 30th, 2009 Xcel reaffirms 2009 profit outlookMINNEAPOLIS — Power company Xcel Energy on Thursday reaffirmed its 2009 profit outlook as rate increases in several states have helped offset lower demand for electricity caused by the recession. Xcel said it expects to make $1.45 to $1.55 per share.
Analyst rates utility sector "Neutral," citing uncertain energy demand, recessionJuly 30th, 2009 Sector Snap: Utilities rated "Neutral" on outlookNEW YORK — An uncertain energy demand outlook will pressure utility companies in the short run, said an analyst as he rated the sector "Neutral," adding that it may take several quarters until an economic recovery and new policies boost the sector. Baird analyst David Parker said the industry is up against changing economic policies, a weakened consumer and significant state budget deficits, which could keep investors at bay.
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.
Ingersoll-Rand cuts 2009 earnings, revenue outlook, cites reduced demand in key end marketsApril 22nd, 2009 Ingersoll-Rand cuts 2009 earnings, revenue outlookNEW YORK — Diversified industrial conglomerate Ingersoll-Rand Co. cut its full-year 2009 revenue and earnings-per-share guidance Wednesday to reflect reduced demand in most of its major end markets.