Tag Archives: puts
First Solar Crushes Earnings
It looks like First Solar’s strategy of selling complete solar projects rather than just PV panels is starting to pay off. The company provided a rare bright spot among solar manufacturer financial reports when it reported an 81% jump in second-quarter net income, earning $111 million, or $1.27 per share. First Solar’s Q2 revenue jumped [...]
LDK Puts Analysts in Place With Their “Beat and Raise” $LDK
LDK Solar (LDK) has hit it out of the park today, smashing analyst estimates and guiding way above estimates fornext quarter and the full year. The company reported a Q2 EPS of $0.36, 14 cents better than the analyst estimate of $0.22 on revenues of$565.3 million, vs the estimate of $458.40 million. That’s good forjumps [...]
Spain’s F.I.T Puts Solar Industry’s Future In Peril
The Spanish government has recently brought forward rathercontradictory policy developments concerning renewable energy sources(RES). On the one hand, the Industry Ministry has presented thecountry’s National Renewable Energy Action Plan. It foresees that, by2020, 22.7% of the country’s final energy consumption will come fromrenewable sources. This is great news, considering that Spain’s RESEuropean Union (EU) target is [...]
Oil Spill Puts Need for Renewables in Spotlight
The massive Gulf Coast oil spillhighlights the importance of cutting the planet’s reliance onconventional energy sources and moving toward renewable energy, say proponents of clean power. "The spill itself tells us in a very clear way that the overdependence on fossil fuels is an issue which we must grapple with as aworld and as a [...]
Options Traders in ReneSola Switch from Calls to Puts (SOL)
It seems traders in ReneSola (SOL) are moving one step too slowly. Options traders loaded up on Oct 7.5 calls earlier this month, only to be greeted with last week’s news that SOL’s revenues would come in a little light based on weaker than expected pricing.SOL also announced a fresh offering of 14.4M in stock. [...]
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