Wall Street brokerages expect that Orion Energy Systems, Inc. (NASDAQ:OESX) will post $16.08 million in sales for the current quarter, according to Zacks. Two analysts have made estimates for Orion Energy Systems’ earnings. The lowest sales estimate is $14.80 million and the highest is $17.35 million. Orion Energy Systems reported sales of $15.29 million during the same quarter last year,....More>>>
The FAANG stocks have set another record.
As earnings season comes to a close, popular technology stocks are making up a bigger piece of the pie than ever before. The FAANG block of Facebook Inc., Amazon.com Inc., Apple Inc., Netflix Inc. and Google now account for over 27 percent of the NASDAQ Composite Index, a new all-time high.
Wall Street brokerages predict that Scorpio Bulkers (NYSE:SALT) will post $61.34 million in sales for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Scorpio Bulkers’ earnings, with estimates ranging from $60.05 million to $62.90 million. Scorpio Bulkers reported sales of $37.74 million in the same quarter last year, which indicates a positive year....More>>>
Apple CEO Tim Cook says he tried to talk President Trump into keeping the U.S. in the Paris climate accord but “it wasn’t enough.”
In a memo to Apple (AAPL, Tech30) employees Thursday afternoon, Cook expressed his disappointment with Trump’s decision to pull out of the global agreement.
“I want to reassure you that today’s developments will have....More>>>
Calgary-based energy infrastructure company Enbridge Inc. (NYSE: ENB) on Thursday made a nonbinding offer to acquire the approximately 17% of Spectra Energy Partners L.P. (NYSE: SEP) it does not already own in a deal that would pay unitholders of Spectra 1.0123 shares of Enbridge common stock for every common unit of Spectra they currently hold.
At last night’s closing price, that represents....More>>>
Australia, one of the world’s biggest users of rooftop solar panels, likely added the most new capacity on record last year as electricity users sought to ease escalating power bills.
A preliminary estimate by Australia’s Clean Energy Regulator of 1.05 gigawatts installed last year would be a record for the country, the government body said in an emailed statement....More>>>
The stock market lost ground on Thursday, but declines in the major benchmarks were relatively modest as low levels of volatility continued to prevail. The Dow had been down as much as 145 points earlier in the day as investors weighed the possibility that the controversial firing of FBI Director James Comey could set back the Trump administration’s domestic agenda for tax cuts, health reform,....More>>>
On Thursday, our Under the Radar Moversnewsletter suggested small cap green energy stock American DG Energy (NYSEMKT: ADGE) as a long trade:
As for American DG Energy, today’s push above a technical ceiling at $0.34 is telling, though that clue is made more telling when you see the short-term moving average lines have given us key bullish crosses over the course of the past couple of....More>>>
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The Federal Reserve has kept its key interest rate steady this month but has acknowledged that prices of essential commodities are inching up to desired range, paving the way for gradual rate hikes in the coming months. The comeback of inflation, by the way, is very evident, with business houses paying more for labor, steel, oil and other supplies.
Fed officials also noted that economic activity....More>>>