General Electric (NYSE: GE ) unveiled today its most efficient wind turbine to date, and NextEra Energy (NYSE: NEE ) wants in. As the nation's leading producer of renewable energy, the utility will purchase 59 new turbines for a Michigan wind farm to add on to its current 10,000 net MW of wind capacity.
"GE is a trusted partner and a leader in wind turbine technology and innovation," said NextEra Energy Resources President and CEO Armando Pimental in a statement today. "Wind turbine innovation is key to the continued growth of the wind industry."
"Our highest capacity factor turbines are the flagship products in our portfolio," said Keith Longtin, GE's General Manager for wind products. "The 1.7-100 is the latest evolution of our advanced wind turbine technology and was designed to ensure consistent performance, reliability, and efficiency."
The 1.7-100 is the second of GE's smart (or, in their words, "brilliant") wind turbines, and uses streaming data to most efficiently deliver constant and consistent power. Standing 80 meters tall, with 100-meter blades, these newest turbines hold a 1.7 MW rating, 6% above GE's previous 1.6 MW turbine.
Top Growth Companies To Watch For 2015: Freeport-McMoran Copper & Gold Inc.(FCX)
Freeport-McMoRan Copper & Gold Inc. engages in the exploration, mining, and production of mineral resources. The company primarily explores for copper, gold, molybdenum, silver, and cobalt. It holds interests in various properties, located in North and South America; the Grasberg minerals district in Indonesia; and the Tenke Fungurume minerals district in the Democratic Republic of Congo. As of December 31, 2010, the company?s consolidated recoverable proven and probable reserves totaled 120.5 billion pounds of copper, 35.5 million ounces of gold, 3.39 billion pounds of molybdenum, 325.0 million ounces of silver, and 0.75 billion pounds of cobalt. The company was founded in 1987 and is headquartered in Phoenix, Arizona.
Advisors' Opinion:- [By Namitha Jagadeesh]
Freeport-McMoRan Copper & Gold Inc. (FCX) fell 1.1 percent to $35.41 in early New York trading as Goldman Sachs Group Inc. lowered its recommendation on the largest U.S. miner to neutral from buy, citing a lack of near-term catalysts to drive the stock higher.
- [By Matt DiLallo]
After spending $19 billion to buy a couple of oil and gas companies, Freeport-McMoRan (NYSE: FCX ) is understandably exhausted. In fact, the company has so exhausted its financial resources that it's looking to cut back its spending and is even planning to make a return or two. It hasn't helped matters that the company's profits have been pinched by low commodity costs, which is forcing Freeport to take a break from its free-spending ways.
- [By Ben Levisohn]
The S&P 500 is getting a boost today from Alcoa (AA), which has gained 4.1% to $8.95 after it announced a joint venture aimed at the aerospace industry, Forest Labs (FRX), which has climbed 3.8% to $56.01 after reporting better-than-forecast earnings and guidance and Freeport-McMoran Copper & Gold (FCX), which reported better-than-expected earnings and said it would seek significant cost cuts.
- [By Rich Duprey]
After a near-two month delay, copper and gold miner Freeport-McMoRan (NYSE: FCX ) has begun running copper shipments again out of�its Grasberg mine in Indonesia, though full capacity production is still at least a month away.
Top 5 US Companies To Own In Right Now: SanDisk Corporation(SNDK)
Sandisk Corporation designs, develops, and manufactures NAND flash memory storage solutions that are used in various consumer electronics products. The company offers removable cards under the SanDisk Ultra, SanDisk Extreme, and SanDisk Extreme PRO brands; embedded products under the iNAND brand; universal serial bus (USB) flash drives under the Cruzer brand; digital media players under the Sansa brand; solid state drives under the Lightning brand; and wafers and memory components. Its removable card products are used in a range of consumer electronics devices, including mobile phones, digital cameras, gaming devices, and laptop computers; and embedded flash products are used in mobile phones, tablets, ultrabooks, eReaders, global positioning system devices, gaming systems, imaging devices, and computing platforms. The company also provides high-capacity storage solutions, such as solid-state drives that are used in lieu of hard disk drives. It offers its products to the m obile phone, consumer electronics, and computing end markets through original equipment manufacturers, distributors, and retail sales channels in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and Japan. The company was formerly known as SunDisk Corporation and changed its name to SanDisk Corporation in August 1995. SanDisk Corporation was founded in 1988 and is headquartered in Milpitas, California.
Advisors' Opinion:- [By Lee Jackson]
SanDisk Corp. (NASDAQ: SNDK) is one of the leading manufacturers and suppliers of flash memory storage drives. The company reported its second-quarter earnings in July and recorded revenue of $1.48 billion, which was up an impressive 43% from last year. The burgeoning demand for SanDisk’s products and the increase in price of its micro SD cards contributed to the rise in margins. Most mobile phone manufacturers now provide a card slot in their devices, leading to increased demand for memory cards. Customers looking to store more data have led to the growth of micro SD cards, pushing up demand in the process. The alliance with Apple just increased the odds the company will continue to dominate flash memory storage. The consensus price target is placed at $70. Investors are paid a 1.5% dividend. SanDisk closed Monday at $58.90.
- [By Russ Fischer]
The news, of course, is about Micron "stealing" Elpida, an operation that approximates the size of SanDisk (SNDK) for essentially nothing. That has overshadowed the fact that Micron has concurrently become the memory technology leader, as well as the largest merchant market supplier of memory. Elpida has handed Micron -- even with the best DRAM technology in the industry, the Intel/Micron joint venture, and HKMG -- a strategic advantage and leadership in NAND for the foreseeable future
- [By Paul Ausick]
We have tracked the key short interest changes as of September 30 in the following semiconductor leaders: Intel Corp. (NASDAQ: INTC), Advanced Micro Devices Inc. (NYSE: AMD), Micron Technology Inc. (NASDAQ: MU), SanDisk Corp. (NASDAQ: SNDK), Qualcomm Inc. (NASDAQ: QCOM), ARM Holdings PLC (NASDAQ: ARMH), Broadcom Corp. (NASDAQ: BRCM), Marvell Technology Group Ltd. (NASDAQ: MRVL), Nvidia Corp. (NASDAQ: NVDA), Texas Instruments Inc. (NASDAQ: TXN) and Applied Materials Inc. (NASDAQ: AMAT). We also chose to look at how the Market Vectors Semiconductor ETF (NYSEMKT: SMH) has held up.
Top 5 US Companies To Own In Right Now: Microsoft Corporation(MSFT)
Microsoft Corporation develops, licenses, and supports a range of software products and services for various computing devices worldwide. The company?s Windows & Windows Live Division segment offers PC operating system that primarily includes Windows 7 and Windows Vista operating systems; Windows live suite of applications and Web services; and Microsoft PC hardware products. Its Microsoft?s Server and Tools segment provides Windows Server operating systems, Windows Azure, Microsoft SQL Server, SQL Azure, Windows Intune, Windows Embedded, Visual Studio, Silverlight, system center products, Microsoft consulting services, and product support services. This segment also offers enterprise consulting services; and training and certification to developers and information technology professionals, as well as builds standalone and software development lifecycle tools for software architects, developers, testers, and project managers. The company?s Online Services Division segment provides online information and content through Bing, MSN portals, and adCenter, as well as Atlas online tools for advertisers. Its Microsoft Business Division segment offers Microsoft office; Microsoft Exchange; Microsoft SharePoint; Microsoft Lync; Microsoft Dynamics ERP and CRM; and Microsoft Office Web Apps, as well as office 365, an online service, offering Microsoft Office, Exchange, SharePoint, and Lync. The company?s Entertainment and Devices Division segment provides Xbox 360 entertainment platform, which includes the Xbox 360 gaming and entertainment console, Kinect for Xbox 360, Xbox 360 video games, Xbox LIVE, and Xbox 360 accessories; Mediaroom, an Internet protocol television software; and Windows Phone that provide Microsoft Office and Xbox LIVE functionality. It markets and distributes its products and services through original equipment manufacturers, distributors, and resellers, as well as through online. Microsoft was founded in 1975 and is headquartered i n Redmond, Washington.
Advisors' Opinion:- [By Rick Munarriz]
Microsoft (NASDAQ: MSFT ) has poured billions into Nokia to get it to back its Windows Phone platform, yet Nokia's losing money and sales are sliding? Google's (NASDAQ: GOOG ) Android is the market leader, but in the span of a few hours between Thursday night and Friday morning we saw two of the biggest Android backers -- Samsung and HTC -- fall short of growth expectations.
- [By Douglas A. McIntyre]
The primary speculation about Microsoft Corp.’s (NASDAQ: MSFT) deal to buy Nokia Corp.’s (NYSE: NOK) handset business is that it gives the huge software company a building block to catch, or at least replicate, the success of Apple Inc. (NASDAQ: AAPL). Apple’s rise has been led by the launch and upgrades of its spectacularly successful iPhone and iPad. Apple churns out new versions of these products at least once a year. The latest will be released in just a few days. The Apple iOS has been successful as well, heralded as easy to use and nearly bug-free. Microsoft faces the problem that, even if it can build attractive smartphones with wonderful features and functions, it has to enter a market that Apple and Samsung have dominated for years.
- [By Ben Levisohn]
Mulally had been rumored to be the choice to replace Steve Ballmer at Microsoft (MSFT), until he removed his name from consideration.
Shares of Ford have dropped 0.3% to $15.95 at 2:21 p.m.
Top 5 US Companies To Own In Right Now: Fuel Tech Inc.(FTEK)
Fuel Tech, Inc. uses a suite of advanced technologies to provide boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through two segments, Air Pollution Control Technologies and FUEL CHEM Technologies. The Air Pollution Control Technologies segment includes technologies, such as low and ultra low NOx Burners, over-fire air systems, NOxOUT and HERT selective non-catalytic reduction systems, and advanced selective catalytic reduction systems to reduce NOx emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources. This segment distributes its products through direct sales force and agents. The FUEL CHEM Technologies segment uses chemical processes in combination with advanced computational fluid dynamics and chemical kinetics modeling boiler modeling for the control of slagging, fouling, corrosion, opacity, and other sulfur trioxide-r elated issues in furnaces and boilers through the addition of chemicals into the furnace using Targeted In-Furnace Injection technology. This segment?s programs improve the efficiency, reliability, and environmental status of plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, university, and district heating markets; and are installed on combustion units in North America, Europe, China, and India for treating various solid and liquid fuels, including coal, heavy oil, biomass, and municipal waste. It provides operational, financial, and environmental benefits to owners of boilers, furnaces, and other combustion units. The company was founded in 1987 and is headquartered in Warrenville, Illinois.
Advisors' Opinion:- [By Roberto Pedone]
Another under-$10 stock that's starting to move within range of triggering a big breakout trade is Fuel-Tech (FTEK), which uses a suite of advanced technologies to provide boiler optimization, efficiency improvement and air pollution reduction and control solutions to utility and industrial customers. This stock is off to a slow start in 2013, with shares up just 7% so far.
If you take a look at the chart for Fuel Tech, you'll notice that this stock has entered a tight consolidation chart pattern over the last month, with shares moving between $4.19 on the downside and $4.78 a share on the upside. Shares of FTEK are now starting to trend higher and move within range of triggering a big breakout trade above the upper-end of its recent sideways trading chart pattern.
Market players should now look for long-biased trades in FTEK if it manages to break out above some near-term overhead resistance levels at $4.66 to $4.68 a share and then once it takes out more resistance at $4.78 to its 52-week high at $5.20 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 77,549 shares. If that breakout hits soon, then FTEK will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets of that breakout are $5.50 to $6, or even $7 a share.
Traders can look to buy FTEK off weakness to anticipate that breakout and simply use a stop that sits right below its 50-day at $4.33 a share, or just below its 200-day at $4.14 a share. One can also buy FTEK off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
- [By Monica Gerson]
Fuel-Tech (NASDAQ: FTEK) is expected to post its Q4 earnings at $0.06 per share on revenue of $29.00 million.
Novavax (NASDAQ: NVAX) is projected to post a Q4 loss at $0.08 per share on revenue of $6.22 million.
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