• Pfizer (NYSE:PFE) led DJIA stocks on the downside yesterday after Medivation (NASDAQ:MDVN) said its experimental treatment for Alzheimer's, Dimebon, developed with Pfizer, failed to show desired results in late-stage  trials

• Anheuser-Busch InBev (NYSE:BUD) posted adjusted earnings of 55 cents a share, up from 44 cents, which missed Zacks projections by 5 cents, on combined revenues up 5% to $9.3 billion

• UBS (NYSE:UBS) upgraded Coca-Cola (NYSE:KO) to "buy" from "neutral," citing solid mid-single digit global volume growth

• Goldman Sachs (NYSE:GS) upgraded Royal Caribbean (NYSE:RCL) to "neutral" from "sell," and raised the price target to $27 from $23

• Piper Jaffray (NYSE:PJC) reiterated an "overweight" rating on Big Lots (NYSE:BIG), but raised the price target to $41 from $38

• Suntech Power (NYSE:STP) posted better-than-expected earnings of 27 cents a share, sharply up from Zacks estimates of 12 cents, on revenues of $583.6 million, well ahead of Zacks estimates of $471 million

• FBR reiterated its "outperform" rating on Anadarko (NYSE:APC)

...

Clean Edge co-founder Ron Pernick sees prices for renewable energy moving in the opposite direction of conventional energy markets. 

 

Ron Pernick is co-founder and managing director of Clean Edge Inc. The San Francisco area-based consultant and researcher creates indexes to track various segments of the clean energy industry. One of its benchmarks serves as the basis for the PowerShares Global Wind Energy Portfolio (NASDAQ: PWND).  

IndexUniverse.com's Murray Coleman caught up with Pernick recently at Clean Edge's offices in Portland, Ore., working on development of a new index series expected to be unveiled by year's end.

IU.com: What do the correlations between conventional energy pricing trends and alternative energy trends show now?

Pernick: Conventional energy prices are extremely volatile. Over time, you can make the case that those will continue to increase, especially oil. On the other hand, clean energy prices in general have been going down. Solar power is a

...

Trina Solar is recognized as a solar pioneer since it was founded in 1997. Their products provide reliable and environmentally-friendly electric power  and their fourth quater revenues  are about to beat expectations.

This from the editors at Investment U:

In the news this morning, Trina Solar (NYSE: TSL) announced that fourth quarter revenues would beat expectations.

It’s an unexpected bit of data when many were starting to count the solar sector out – and not for good reason. After our last energy crisis, many alternative energy producers, like solar, were simply forgotten about when gas prices came back down.

With the average price per gallon at around $1.96, who could blame them if they expected the same thing to happen? But the interesting thing is that it hasn’t.

Trinity Solar follows news from Suntech Power (NYSE: STP), the world’s largest solar module producer, that it expects production

...

Sun Still Shines on Trina Solar (TSL)

In the news this morning, Trina Solar (NYSE: TSL) announced that fourth quarter revenues would beat expectations.

It’s an unexpected bit of data when many were starting to count the solar sector out – and not for good reason. After our last energy crisis, many alternative energy producers, like solar, were simply forgotten about when gas prices came back down.

With the average price per gallon at around $1.96, who could blame them if they expected the same thing to happen? But the interesting thing is that it hasn’t.

Trinity Solar follows news from Suntech Power (NYSE: STP), the world’s largest solar module producer, that it expects production to increase – almost 60%. That’s quite the opposite of a drop-off. 

Granted, there are just as many solar losers, as winners. Canadian Solar (Nasdaq:

...

January 26, 2009 ndash; Suntech Power (NYSE:STP) has seen its stock decline to $8.87 on Fridayrsquo;s close from $11.80 at the outset of this yearrsquo;s trading session and from the $50 level this time last year. In the past couple months the stock has been seemingly downgraded by the world, which has been warranted in light of erosion in the companyrsquo;s near term outlook. On Friday, although management said revenues for the Q4 would come in higher than previously guided, the Street focused on downbeat margin guidance of -1% to 2% for the period due to an inventory and impairment charge resulting in one-time charges of about $100 million. The question at this point is whether all of the bad news has been priced into the stock. Our FY08 revenue expectations for the company are on the low end of guidance at $1.91 billion, and our income expectations are $86.9 ...

November 21, 2008 ndash; ANALYST NOTES ndash; This morning Jesup amp; Lamontrsquo;s Brian Yerger, and Cowen amp; Companyrsquo;s Robert Stone both weighed in on Suntech Power (NYSE:STP), with Yerger rating STP at a BUY with a $9.00 price target and Stone maintaining his OUTPERFORMANCE rating indicating 50% upside vs. the market in 12 months. Here are the key takeaways from both analysts: Yerger (Jesup amp; Lamont) middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Suntechrsquo;s leadership position in Chinese solar manufacturing industry should enable it to benefit from tremendous upheaval and probable shakeout of marginal producers in current macroeconomic environment; nbsp; middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Near-term results will be severely impacted (negatively) resulting in Yergerrsquo;s lowering of 2009 revenue and EPS estimates middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Yerger believes the current stock price of $5.39 reflects the bad news and thinks a large part of recent turmoil has been discounted middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Lowered price target to $9.00 from $60.00 and lowered multiple to 10x from 25x 2009 EPS of ...

October 16, 2008 – We attended the Solar International Expo this week in San Diego and were amazed by the participation and attendance for the event by the industry trade, as well as Wall Street. On Tuesday, Lazard held a closed conference for the industry’s leading solar firms, attended by its institutional clients, and yesterday, Piper Jaffray held a Symposium of its own for leading solar firms, and we attended that event, with a client of ours Premier Power (OTCBB:PPRW). Other firms in attendance at Piper’s Symposium were JA Solar (Nasdaq:JASO), GT Solar (Nasdaq:SOLR), Canadian Solar (Nasdaq:CSIQ), Applied Materials (Nasdaq:AMAT), Energy Conversion Devices (Nasdaq:ENER), LDK Solar (NYSE:LDK), BP Global Wind and Solar (NYSE:BP), Suntech Power (NYSE:STP), ReneSolar (NYSE:SOL), Trina Solar (NYSE:TSL), Akeena Solar (Nasdaq:AKNS), Q-Cells (QWV.DE) and Solarfun (Nasdaq:SOLF). Here are some of our notes from the presentations: Overall, one of the takeaways was that there are expectations for further ...