Castella Waste Systems, Inc reported 2nd quarter financial results today. Revenues increased by $7 million compared to the 2nd quarter of last year, rising 4.7 percent to come in at $157.5 million. Net income was down slightly compared to the 2nd quarter results last year, with earnings of $2.1 million or .08/share versus last year’s second quarter results of $2.8 million or .11/share.
John W. Casella, Chairman and CEO, issued the following comments on … Read the rest
American Superconductor confirmed its 2008 forecast, saying it expects to the end the year with a less of .30-.35 per share. The company expects to post sales of $175 million to $185 million. Wall Street analysts predicted that the company would lose .34 per share and post sales of $176.6 million.
The company’s 2009 forecast was well above Wall Streets expectations. The expect to earn revenues of over $225 million and to see a … Read the rest
Yesterday it was announced that Holzer & Fistel LLC was investigating possible federal securities violations of JA Solar (JASO) due to a failure to disclose in a timely manner that it had purchased a $100 million 3 month note from Lehman Bros. at a time when LEH was under severe financial distress.
After the bell today, Coughlin Stoia Geller Rudman & Robbins LLP announced a class action lawsuit in New York on behalf of purchasers … Read the rest
Aerovironment (AVAV) which has been one of a few bright spots in the green sector of late, reported outstanding earnings results after the bell today. They beating analyst EPS estimates of .27/share by .14 (71% increase over year ago quarter) on revenues of 65.8 million (22% growth over year ago quarter) which was slightly ahead of estimates. The company is maintaining revenue growth guidance for 2009 of 20 – 25% growth.
While the company is … Read the rest
Constellation Energy announced that it has received a proposal from Électricite de France (EDF). If the proposal is accepted, EDF would buy a 50% share in Constellation for $4.5 billion. Constellation’s Board of Directors will review the proposal, but at this time they are still recommending that shareholders vote for the planned merger with MidAmerican Energy Holdings Company.
Here’s an overview of the proposal from EDF:
… Read the rest
- EDF would purchase a 50% ownership interest in the
Ascent Solar (ASTI) is announcing this morning that it has achieved greater than 9.5% efficiency for its thin film, flexible Copper, Indium, Gallium, Selenide (CIGS) integrated solar modules.
Lawrence Kazmerksi, Executive Director at NREL, said, “This is significant. Many doubted that a thin-film CIGS solar cell-on-plastic technology could be possible. Ascent Solar not only achieved this, but they now have confirmed efficiencies at NREL on fully integrated, monolithic prototype modules near 10%. This appears to … Read the rest
Floyd Associates, a privately held consulting firm is out with a research report on the future of electric cars (disclaimer: FA is involved with business development of Phoenix Motorcars) which isn’t all that detailed but provides a good primer on the technologies involved and some of the smaller players hoping to emerge as future leaders of the electric car industry (or sell their technologies to existing major auto companies). Below is an outline of the … Read the rest
Zoltek (ZOLT), provider of carbon materials that go into the manufacturing of wind turbines reported results this morning that beat analyst estimates by .02/share when excluding a one time legal fee charge. The company reported earnings of .22/share (10% below the year ago quarter) on revenues of 51 million, which was good for a 17% increase over the year ago quarter.
CEO Zsolt Rumy stated, “The fundamentals of alternative energy generally — and wind energy … Read the rest
Solarfun (SOLF) reported an EPS before one time provision adjustments of .16/share which represents a decline in growth over the year ago quarter for the first time in a few years but did beat low analyst expectations of .14/share. Quarterly revenue came in at $187.8 million, good for an 88% increase over the year ago quarter but a bit below analyst estimates of 195 million. The company sees Q4 shipments to be at or slightly … Read the rest
Clean Energy Fuels (CLNE) has been awarded a 10 year contract by the city of Glendale, California to build, maintain and operate a public access natural gas fueling station that will be used to serve public transit buses, municipal vehicles, hauling trucks, taxis, shuttle buses and passenger cars near the Bob Hope airport. It will potentially dispense 800K gallons annually as Glendale’s goal replacing all of its diesel powered fleet vehicles with CNG vehicles over … Read the rest