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Posts tagged "energy"

Vital Signs: Price of Oil Tumbling

The cost of a barrel of crude oil fell 93 cents to $97.01 on Tuesday.

PWER: Axiom Cuts to Hold on Solar Malaise

Despite better-than-expected Q1 results last Thursday from Power-One (PWER), which makes inverters that convert power from renewable energy sources, Axiom Capital‘s Gordon Johnson today cut his rating on the shares to Neutral from Buy based, suggesti...

Fukushima Fuel Pools Are an American National Security Issue

Senator: Fukushima Fuel Pool Is a National Security Issue for AMERICA After visiting Fukushima, Senator Ron Wyden warned that the situation was worse than reported … and urged Japan to accept international help to stabilize dangerous spent fuel pools. An international coalition of nuclear scientists and non-profit groups are calling on the U.N. to coordinate...

CLP Mulls IPO, Full Sale for TRUenergy

Power generator CLP Holdings could be indulging in some smoke and mirrors regarding the fate of its TRUenergy unit in Australia by touting a potential outright sale alongside an initial public offering later this year.

Secondary Sources: Government Investment, Policy Uncertainty, Falling Oil

A roundup of economic news from around the Web.

Most shorted ahead of earnings this week

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How Corn Keeps Fertilizer Costly

How is it that fertilizer prices are so stubbornly high while the production cost has plunged?

How Corn Keeps Fertilizer Costly

How is it that fertilizer prices are so stubbornly high while the production cost has plunged?

FSLR Up 4% on Restructuring Despite Goldman Cut, Cratering Demand

Shares of solar energy technology provider First Solar (FSLR) are up 82 cents, or 4%, at $21.64 after the shares were briefly halted in pre-market trading just before the company announced it will restructure “in response to deteriorating market conditions in Europe,” shutting down its manufacturing facility in Frankfurt, Germany, and idling production in Kulim,...

U.S. Import Prices Jump on Petroleum Costs

The cost of goods imported into the U.S. charged ahead in March, posting the largest gain in nearly a year, as petroleum prices jumped.

Fukushima to Burn Highly-Radioactive Debris

Japan is Poisoning Other Countries By Burning Highly-Radioactive Debris Fukushima will start burning radioactive debris containing up to 100,000 becquerels of radioactive cesium per kilogram. As Mainchi notes: The state will start building storage facilities for debris generated by the March 2011 tsunami as early as May at two locations in a coastal area of...

FSLR: Citi Sees Remove of Overhang in DOE ‘Antelope’ Payment

Citigroup‘s Timothy Arcuri this afternoon reiterates a Neutral rating on shares of First Solar (FSLR) and a $45 price target, writing that the company has removed one near-term overhang by announcing that its Antelope Valley Solar Ranch One project in southern California has received its first advance on a loan from the U.S.Department of Energy....