ONTARIO, Canada - November 18, 2009 - Canadian Solar Inc. (Nasdaq: CSIQ) today announced its unaudited financial results for the third quarter of 2009 ended September 30, 2009

Canadian Solar Inc. (CSIQ) reported adjusted EPS of 69 cents in the third quarter of fiscal 2009, which pushed past the Zacks Consensus Estimate of 52 cents per share. Also, adjusted EPS for the quarter was far higher than the year-ago quarter’s 31 cents. Canadian Solar net revenues in the reported quarter escalated to $213.1 million, compared to net revenues of $114.2 million in the second quarter of 2009 and $252.4 million in the year-ago quarter. In the reported quarter, following industry trends, the company witnessed a large spike in shipments, which rose to 102.6 MW, compared to shipments of 48.2 MW in the second quarter of 2009 and 60 MW in the year-ago quarter. The reported quarter witnessed a huge demand for solar products, with a number of companies setting new peaks of volume sales. JA Solar Holdings Co. Ltd. (JASO) and ReneSola Ltd. ...

LAS VEGAS, Nov. 12, 2009 (GLOBE NEWSWIRE) — News released this week by GWS Technologies, Inc. (OTCBB:GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, could mean major advancements in the use of solar power in Arizona. GWS has announced that they are working with Dominion Real Estate Investments, LLC to develop a 36-acre solar farm in Florence, Arizona that could be one of the largest projects in Arizona and, in conjunction with other projects, gives GWS 40 megawatts under development. To put this in perspective, forty megawatts generates enough electricity to provide power to approximately 12,000 homes.

It’s a substantial step forward for GWS Technologies, which has been aggressive in pursuing opportunities in Arizona as the Arizona Corporation Commission has set renewable energy standards mandating that regulated utilities generate at least 15 percent of their power from renewable resources such as

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Canadian Solar Inc. (CSIQ) yesterday raised its fiscal 2009 guidance. The company now expects shipments for the third quarter to surpass the high end of its prior guidance. The optimism stems from a high level of interest in Canadian Solar's products at the Hamburg trade show and subsequent purchase orders.   Based on its un-audited financial results, Canadian Solar now expects net revenues for the third quarter to be approximately $210 million to $215 million, with shipments of approximately 101 MW to 103 MW, compared to a prior guidance for shipments of approximately 90 MW to 100 MW. The company expects a gross margin of 16% to 17% for the third quarter.   Canadian Solar is raising its guidance for full year 2009 shipments to approximately 295 MW-305 MW, including expected shipments of 127 MW-137 MW for the fourth quarter. This compares to a prior guidance for shipments ...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

3M Co (MMM) ATC Technology Corp (ATAC) Atlas Pipeline Holdings LP (AHD) Bancolombia SA (CIB) Bridgepoint Education Inc (BPI) Cabot Corp (CBT) Cabot Microelectronics Corp (CCMP) Cal Dive International Inc (DVR) Canadian Solar Inc (CSIQ) China Fire & Security Group Inc (CFSG) China-Biotics Inc (CHBT) Deluxe Corp (DLX) EV Energy Partners LP (EVEP) Evercore Partners Inc (EVR) Expedia Inc (EXPE) Hertz Global Holdings Inc (HTZ) Hypercom Corp (...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

The Bancorp Inc (TBBK) Barnes & Noble Inc (BKS) Bway Holding Co (BWY) EV Energy Partners LP (EVEP) Forestar Group Inc (FOR) Given Imaging Ltd (GIVN) Guess Inc (GES) Orbitz Worldwide Inc (OWW) Palomar Medical Technologies Inc (PMTI) Polo Ralph Lauren Corp (RL) Quanex Building Products Corp (NX) Rodman & Renshaw Capital Group Inc (RODM) Royal Gold Inc (RGLD) A. Schulman Inc (SHLM) Steak n Shake Co (SNS) Stone Energy Corp (...

Canadian Solar Inc. (CSIQ) yesterday announced that is has obtained rights to design, install, operate and maintain a 500MW solar power plant system in Baotou, Inner Mongolia -- an autonomous region in the northern part of the People's Republic of China. Canadian Solar got a letter of intent from the Administration Committee of Baotou National Rare Earth Hi-Tech Industrial Development Zone. Canadian Solar is one of the largest solar module producers in the world, with manufacturing based in China. However, the Canadian company generates the majority of its revenues from the European market (58.6% of revenues in Q2’09), while Asia generated only 27.2% over the same period. However, its European topline year-over-year has shrunk by almost 64.5%. To bridge the gap, the company has been actively cultivating Asian markets such as China and Japan. However, the sleeping dragon hasn’t been tapped properly by the company, either. ...

DrStockPick.com Stock Report!

Wednesday August 26, 2009

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SPOT LLC, a wholly-owned subsidiary of Globalstar Inc. (Nasdaq:GSAT) and a leader in personal satellite messaging and emergency communications, today announced that its award-winning SPOT Satellite GPS Messenger(tm) will be available in Best Buy Co., Inc (NYSE:BBY) retail locations nationwide. Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. Starting today, consumers can purchase the SPOT Satellite GPS Messenger at Best Buy stores in the United States and online at www.bestbuy.com

Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in PC 3.0(TM) products, services and embedded technologies, today announced plans to participate

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Canadian Solar Inc.’s (CSIQ) share price has moved into oversold territory with a stochastic value of 12.96. Analysts have been increasing their estimates on the company's full-year earnings, with the consensus up 95 cents over the past month to $1.03 per share. Canadian Solar is a Zacks #2 Rank (“Buy") company."CSIQ" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

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