Monday, June 28, 2010

UPDATED: Goldman Sachs Starts First Solar at Buy, SunPower at Neutral, MEMC at Sell (FSLR; SPWRA; WFR)

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Premarket FSLR is up 1.9%, WFR is down 3.38%. From StreetInsider: Goldman Sachs initiated coverage on the following Solar stocks: First...

Solar: "Spain Delays Decision on Solar Prices to Devise Energy Plan" (FSLR; STP; TSL)

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Someone at Bloomberg is on top of the politics. On June 16 Reuters reported "Spain 30% Subsidy Cuts for Existing Solar Plants" an...
Friday, June 25, 2010

"Bread and Derivatives: Goldman’s control of market structure might just starve us, strand us, and leave us in the dark. Literally." (GS)

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Oh My Goodness. For three years I was writing about Goldman's use of their designation as a "Commercial" trader to avoid and ...

"BP says Kevin Costner's water cleaning machine can 'make a real difference'" and " Technical Details of Kevin Costner's Ocean Therapy Solution Centrifuges for Oil Spill Mitigation" (BP)

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First up NewsWatch: Energy: BP has uploaded a new video to its YouTube channel of a press conference to introduce actor Kevin Costner'...

"Ackman Confirms Why Citigroup Could Still Double" (C)

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This is an older piece but worth repeating. The stock closed yesterday at $3.78, down 11 cents. From 24/7 Wall Street: It was during the m...

"New Look General Electric Aims to Double its China Business by the Decade's End" (GE)

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From Money Morning (Australia): General Electric Co. ( GE ) expects its business in China to double to $10 billion a year by 2010, as the U...
Thursday, June 24, 2010

Siemens: Bernstein Downgrades; Sees Good News Priced In (SI)

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If SI is downgraded its American doppelgänger (GE) should be too. SI is down $2.44 at $92.92. From Tech Trader Daily: Siemens (SI) shar...

True or Not, the Allegations against Al Gore are Damn Funny

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I debated posting on the subject all morning. Here's a snippet from The Oregonian's story via OregonLive : ...She tried to use an ...

"Senators Reject Proposal For Banks to Bail Out Fannie, Freddie" (FNM; FRE; C; BAC; JPM)

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Bloomberg has the scoopage: Senate negotiators working on the financial-regulatory bill today rejected a proposal from House Republicans th...

Sen. Judd Gregg: Financial Overhaul Bill, as Written, 'Will Cause a Massive Contraction of Credit'"

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From CNBC: Financial Reform Will Cause Credit Crunch: Sen. Judd Gregg The US will face a severe credit crunch if the financial regulation...

Credit Suisse’s Kumar Maintains MEMC at OUTPERFORM (WFR)

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 The stock is down 36 cents at $10.78. As I said* yesterday: If you look at the bearishness expressed by the short interest and option posi...

General Electric Scales Back Cleantech Goals; Spent $7.14 million on Lobbying in 1Q (GE)

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Where's the ecoimagination? From Reuters: General Electric Co ( GE.N ) abandoned its $25 billion sales target for its energy-saving pr...

"Tesla CEO to investors: We're like Google or Apple" (TSLA; AAPL; GOOG)

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Oh really? The IPO is scheduled for June 29. From cnet: Tesla's Motors' prospects for becoming a 21st-century auto powerhouse ha...

UPDATED:Bank execs panic: On the Hook for $400 Billion ($1TRIL.?) Fannie, Freddie Wind-down? (FNM; FRE)

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 UPDATE: "Senators Reject Proposal For Banks to Bail Out Fannie, Freddie" (FNM; FRE; C; BAC; JPM) Original post: I'm not su...

People's Bank Of China adviser sees yuan rising 3% vs dollar

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Nice to have a number. From The Economic Times (India): BEIJING: The yuan is likely to rise about 3 per cent against the dollar by the end...
Wednesday, June 23, 2010

Climateer Line of the Day: Niederhoffer on Soros Edition

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From Slate's The Wrong Stuff interview: Well, Soros would be the first to tell you that his predictions are completely random. He neve...

"Everyone Wants A Piece Of the Electric Vehicle Market " and "The Coming Bull Market In Lead-Acid Batteries, Part II" (ABB; XIDE, HEV, ENS, GE, CHP, AONE,)

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When we posted "The Lead Acid Battery Sector Is Starting A Bull Run" (CHP; ENS; XIDE) " my comment was: Words I never though...

"Chinese oil rivals smell blood in BP disaster" (BP; CEO; SNP)

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From MarketWatch : While a blowout well continues spewing crude oil into the Gulf of Mexico, BP's global rivals are circling like vultu...

In a gadda da vida: "Citigroup Inc. Iron Butterfly takes Advantage of a Range (C)

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Sometimes I feel old. When I was learning options, life was simple: strip, strap, straddle and spread. The stock's up a penny at $3.95...

Hilarious! "NY pension fund to sue BP for investment loss"

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There is deep, deep irony here. The NY Common Retirement Fund is a member of CERES , a group of Public Employee Pension Funds that champion...