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Solar Stocks News – Canadian Solar (Nasdaq: CSIQ) Reports Third Quarter 2009 Results and Issues 2010 Guidance

Dawn Van Zant (November 18th, 2009) Writes:
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

GM’s Loss Subsides – Analyst Blog

Zacks Market Commentaries (November 17th, 2009) Writes:
General Motors (hereafter, GM) -- presently, Motors Liquidation Company (MTLQQ) -- posted a narrower loss in the third quarter (Jul 10 - Sep 30) compared with the results depicted by "Old GM" in the first quarter, before the company was transformed by a stay in Chapter 11. GM, which began operations as a new company on July 10, 2009, has revealed a net loss of $1.2 billion for the quarter, significantly less than $6 billion it lost in the first quarter. The company’s earnings before interest and taxes (EBIT) before special items for the period were negative at $261 million. GM’s North American market showed a loss of $651 million while GM International Operations recorded a profit of $238 million. The improvement was attributed to incentive programs including "Cash for Clunkers" and stability in the international market, especially China, Brazil, India and Russia (BRIC). In particular, ...

Small Cap Voice Featured Company: Wind Works Power Corp. (WWPW.OB)

QualityStocks (November 17th, 2009) Writes:

Wind Works Power Corp. is on a mission to become a leading developer of wind energy projects in North America. To facilitate this business plan, WWPW has entered into a joint venture agreement and option agreement with Zero Emission People LLC, (“Zero Emission”) an entity controlled by Dr. Ingo Stuckmann, WWPW’s chief executive officer.

Zero Emission has been developing wind parks for more than 15 years through their parent company, Seeba Energy Farming Gmbh in Germany. Zero Emission owns wind energy projects in Canada, the United States and throughout Europe. Wind Works hopes to capitalize on the expertise and strategic alliances that Zero Emissions has forged to date.

Wind Works Power Corp.’s projects include the Grey Highlands Wind Park, the Snowy Ridge Wind Park, the Skyway 126 Wind Park, the Polar Bear Wind Park, and the Pleasant Bay Wind Park in Ontario; in addition to the Settlers Landing Wind Park, Zorra

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Steel Industry – Industry Outlook

Zacks Market Commentaries (November 13th, 2009) Writes:
Steel Output Mounting The Steel industry, which consists of companies engaged in the extraction of iron ore and coke coal for the processing of iron and steel, has the major chunk of sales concentrated with a few producers. The industry includes metal ore exploration and mining services, iron and steel foundries for smelting, rolling, forging, spinning, recycling, stamping, polishing and plating of iron and steel products such as pipes, tubes, wire, spring, rolls and bars. The largest drivers of steel consumption have historically been the automotive and construction markets, which make up more than 50% of total steel consumption. Other steel consuming industries include appliances, converters, containers, tin, energy, electrical equipment, agricultural, domestic and commercial equipment and industrial machinery. Large automakers such as General Motors, Ford Motor Company ([url=http://www.zacks.com/stock/quote/f]F[/url]), Toyota Motor Corporation ([url=http://www.zacks.com/stock/quote/tm]TM[/url]) and Honda Motor Company ([url=http://www.zacks.com/stock/quote/hmc]HMC[/url]) depend upon the steel industry. ArcelorMittal ([url=http://www.zacks.com/stock/quote/mt]MT[/url]) is ...
Tags for this Post:
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ArvinMeritor’s Loss Deepens – Analyst Blog

Zacks Market Commentaries (November 11th, 2009) Writes:
ArvinMeritor (ARM) showed a loss of $20 million or 28 cents per share, before special items, in the fourth quarter of its fiscal year ended Sep 30, 2009. This is wider than the quarter-ago loss of 25 cents per share and compared to year-ago profit of $26 million or 35 cents per share. The loss was attributed to incremental tax expenses during the quarter due to the inability to recognize the tax benefit of losses in certain countries. However, the loss was narrower than the Zacks Consensus Estimate of 32 cents per share. Sales in the quarter totaled $984 million, a decline of 36% from the year-ago level of $1.5 billion. This was driven by continued weakness across the global markets. However, sales increased by 4% compared to the previous quarter of fiscal year 2009 due to improved conditions in global markets, particularly in China, India ...

Wind Works Power Corp. Signs Option to Acquire 100% Interest in 50MW Wind Energy Project in Hungary

Stuart Smith (November 11th, 2009) Writes:

OTTAWA, ONTARIO — (Marketwire) — 11/11/09 — Wind Works Power Corp. (OTCBB: WWPW)(FRANKFURT: R5E1)(WKN: AOKE72) is pleased to announce that they have signed an option agreement to acquire a 100% interest in Ecsed, a 50 megawatt wind energy project located in Hungary. In consideration for the 100% interest, Wind Works will make an initial cash payment of $125,000 on January 15, 2010 and a further cash payment of $375,000 on March 15, 2010.

“Ecsed is now our second wind energy project in Europe following the announcement on Monday that we signed an option to acquire a 100% interest in Honelles, a 10 megawatt wind energy project located in Belgium” commented Dr. Ingo Stuckmann, CEO and director of Wind Works.” Ecsed is an advanced stage project that adds significant value to our project portfolio. We will spend over $2 million in development costs over the next three years and create

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Open letter from Amnesty International to Prime Minister Stephen Harper

Robert Amsterdam (November 10th, 2009) Writes:

We have just received a copy of an open letter from Amnesty International Canada to Canadian Prime Minister Stephen Harper in advance of his upcoming trip to the forthcoming APEC meeting in Singapore, followed by a visit to India. The letter urges Prime Minister Harper to uphold Canada's well-known reputation as a staunch human rights supporter by raising concerns with and presenting recommendations to Singapore authorities regarding the case of Dr. Chee Soon Juan and other civil society representatives and to address ongoing human rights challenges in India. Below is an excerpt from the letter, followed by a link that will allow you access to the letter in full.

Singapore has two realities: its appearance as a progressive country with regular elections and economic success; and its record of human rights violations designed

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Wind Works Power Corp. Signs Option to Acquire 100% Interest in Wind Energy Project in Belgium

Stuart Smith (November 9th, 2009) Writes:

OTTAWA, ONTARIO — (Marketwire) — 11/09/09 — Wind Works Power Corp. (OTCBB: WWPW)(FRANKFURT: R5E1)(WKN: AOKE72) is pleased to announce that they have signed an option agreement to acquire a 100% interest in Honelles, a 10 megawatt wind energy project located in Belgium. In consideration for the 100% interest, Wind Works will make an initial cash payment of $100,000 on January 15, 2010 and a further cash payment of $375,000 on March 15, 2010.

“I have led a team that has successfully developed over 1,500 megawatts of wind energy projects all over the world and one of the most attractive countries for the development of wind parks is Belgium. With the Honelles project, we will invest $1.1 million over the next two years and create an investment opportunity of $25 million, offering attractive leverage to our development dollars.” commented Dr. Ingo Stuckmann, CEO and director of Wind Works. “The European

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11-6-09 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stuart Smith (November 6th, 2009) Writes:
Stocks rise on GE upgrade despite weak employment data

U.S. stocks rose on Friday as investors took heart after the government said monthly payroll losses slowed, even as unemployment rose above 10 percent.

General Electric Co shares jumped more than 5 percent after a brokerage upgrade, and helped lead the industrial sector higher.

The market had opened lower after data showed the unemployment rate topped the psychologically key 10 percent level and reached the highest point since April 1983.

U.S. employers cut 190,000 jobs in October and unemployment hit its highest level since 1983. Despite the disturbing headline unemployment number, payroll losses continued to decline, which some investors saw as a mild positive as the hourly work week remained static.

The Dow Jones industrial average was up 17.84 points, or 0.18 percent, at 10,023.80. The Standard & Poor’s 500 Index rose 2.30 points, or 0.22 percent, at 1,068.93. The Nasdaq Composite Index increased 7.87

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Zacks Analyst Blog Highlights: BP plc, ExxonMobil, Chevron, U.S. Steel Corp. and POSCO – Press Releases

Zacks Market Commentaries (October 28th, 2009) Writes:

For Immediate Release

Chicago, IL – October 28, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: BP plc (BP), ExxonMobil (XOM), Chevron (CVX), U.S. Steel Corp. (X) and POSCO (PKX).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Tuesday’s AnalystBlog:

BP Tops on Better Cost Control

BP plc (BP) reported its third quarter 2009 results of $1.71 per ADS (American Depositary Share), beating the Zacks Consensus Estimate of $1.14 on the back of stronger cost controls and increased upstream volumes. However, in comparison with the year-earlier results, earnings fell approximately

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