The online backup provider Carbonite priced its initial public offering last night despite the turmoil in the financial markets. And yes, it priced at $10 per share on the low end of its expectations, but it did make it out. Read more »
Among those debating the value of Groupon as it filed for its hotly-awaited initial public offering were two startup entrepreneurs — 37signals partner David Heinemeier Hansson, who argued it is doomed to fail, and SimpleGeo founder Joe Stump, who looked on the bright side. Read more »
Stock traders and hedge funds can’t predict the future yet, but they are doing their best to come as close as possible, and that involves crunching every bit of data they can get their hands on — up to and including that tweet you just posted. Read more »
I’ve used Safari as my default browser since 2008, but lately I’ve decided to give Google Chrome a shot at becoming my new standby. I made the switch owing to Chrome’s reported performance advantages. Would they prove convincing enough to make the change permanent? Read more »
The major stock markets’ massive plunge on Thursday rattled investors, obliterating almost a trillion dollars in value at one point. But did it get the attention of the Silicon Valley bulls waiting for their favorite startups to IPO? Or will they dismiss it as a glitch? Read more »
First Solar posted stronger than expected revenue and profit in the final quarter of 2010, defying some of the bearishness that had hounded the stock in recent months and suggesting that the company is managing its way through a time of rising competition from more efficient solar modules. But weaker margins and unchanged guidance are giving some investors pause. Read more »
For a while there, it looked like 2010 might be the first banner year for solar stocks since 2007. It still could be, although this week is showing that, if solar does make a comeback this year, it’s not going to happen with out some sudden […] Read more »
Companies usually offer investors guidance to help sharpen their outlook over the coming months. But a day after First Solar, a leading thin-film solar module maker, spent nearly two hours talking with investors and analysts about its prospects in 2010, the future seemed to be more […] Read more »
First Solar, the thin-film module manufacturer that has seen increasing price pressure from polysilicon makers, remains confident about its prospects for next year, according to a conference call with investors Wednesday. First Solar expects revenue in 2010 to come in between $2.7 billion and $2.9 billion, […] Read more »
Is the solar industry heading into a recovery in 2010? Or will the oversupply of solar modules that helped make 2009 such a challenging year for most solar companies drag on another year? As the new year approaches, the outlook seems as unclear as ever. On […] Read more »
Research In Motion today makes the next BlackBerry Bold version official. The Blackberry Bold 9700 runs OS 5.0, keeps the stunning 360 x 480 display, adds touch-sensitive trackpad and supports calls over Wi-Fi. Some folks have said this is the first BlackBerry with the Wi-Fi calling […] Read more »
Outright and Expensify, web apps that we’ve covered previously on WWD, are joining forces to make expenses management even simpler. As Jennifer reports over on GigaOM, bookkeeping app Outright today releases a beta version of the site that uses Expensify’s API, meaning that credit card expense […] Read more »
First Solar has been under pressure lately from analyst downgrades and financial publications warning of a solar glut. On Tuesday, an analyst at Broadpoint AmTech stepped in with some reasons why the stock might rally beginning with the company’s analyst’s day, scheduled for June 24. That […] Read more »
[qi:114] While the recession had many predicting the IPO market would be largely non-existent in 2009, several new tech stocks listed on public markets during April and now in May. The companies squeaking out of the IPO queue, however, are mature, profitable and cash-rich. Their proceeds […] Read more »
Don’t you wish there were an easier way to quickly view upcoming appointments and your task list? If you’re a fan of Google products, then follow these steps for an easy-to-use solution. In the end you will have two new items in your menu bar: one […] Read more »
Nissan Expands Arizona EV Plans: Nissan has promised to supply more than “a couple hundred” highway-legal electric vehicles to the Phoenix area, as well as the previously announced Tucson area, for public and private fleets by the end of 2010. Ecotality now also plans to expand […] Read more »
It seems like it was only yesterday that Apple hosted their first-quarter 2009 financials conference call, but it was actually almost three months ago (hence why they’re called “quarterly”). Apple revealed the date for their upcoming second-quarter call today, which is set to take place April […] Read more »
Social networks aiming at different niches are springing up all over these days, which is why I wasn’t surprised to come across this little gem. It’s a site called traddr!, and it aims to do for the stock-obsessed what Twitter and Facebook are doing for everybody […] Read more »
So, am I right in assuming that a lot of you have already seen the culmination of the on-air feud between Jon Stewart and Jim Cramer last night? If not, I would recommend checking out the full interview at Comedy Central’s web site, and check out […] Read more »
A provocative story from Reuters Monday ruminated on which companies are likely to replace Citigroup and General Motors in the Dow Jones Industrial Average. Its conclusion: Google and Cisco are the most likely contenders, with Apple and Visa as less likely candidates. It’s a safe bet that those two troubled companies — trading below $2 a share — will get the boot, but does Google belong in the Dow? I think it does for a few reasons. Read more »
Investors loved the numbers they saw in First Solar’s highly anticipated earnings report Tuesday afternoon. They they tuned in to the conference call and hated what they heard about the company’s outlook for this year. For the three months ended Dec. 27, 2008, First Solar reported […] Read more »
Good times or bad, the trash still needs to be picked up. But as Waste Management Inc.’s earnings report showed this week, the business of managing waste and recycling isn’t exactly recession-proof. The slowdown is hitting its recycling business particularly hard. Waste Management said its revenue […] Read more »
Mark Morelli, CEO of Energy Conversion Devices, sees a lot of new customers lining up for his company’s thin-film solar laminates in the next few years. That’s not the problem. The problem is, how are they going to be able to pay? So Energy Conversion has […] Read more »
Solar companies are painting a mixed picture of the sector’s health this month, with some companies surprising with strong results for the latest three-month period, and others disappointing. In the latter camp is Evergreen Solar, which on Thursday posted a loss in the December quarter on […] Read more »
The promise of billions being pumped into smart grid companies has sent some of that sector’s stocks rallying lately. But the stimulus plan could already be losing its ability to stimulate stocks — and before so much as a dime of it is spent. Take Liberty […] Read more »
SunPower saw its shares rally in after-hours trading Thursday after reporting better-than-expected earnings for the fourth quarter of 2008 and a so-so outlook for 2009. SunPower’s revenue in the quarter totaled $401 million, up 6 percent from the previous quarter and 79 percent higher than the […] Read more »
A single linear stream that everyone watches at the same time? How retro. Live events are the epitome of traditional oldteevee fare. But while flipping between the many feeds of Barack Obama’s inauguration today, I found the best experience was offered by CNN Live with Facebook […] Read more »
Hard on the heels of a brutal year for solar stocks, the early days of 2009 are so far putting out a good share of negative news: sell recommendations from research analysts, a dire outlook from LDK, and Evergreen Solar shuttering a pilot plant. Investors, though, […] Read more »
Many are glad to have shut the door on 2008. Few are likely to be happier than solar-power companies. Of the six solar stocks valued at more than $500 million (a club that grew much smaller during 2008), none outperformed the S&P 500 index, which fell […] Read more »
Our friends over at Earth2Tech will probably appreciate this: Getting your DVDs delivered to you by mail (like through Netflix) is most likely a greener option for getting your movies than going to the video store in person. Slate spin-off site The Big Money breaks it […] Read more »
With the private sector shrinking instead of growing, any hope for the economy will likely come from public stimulus. That has fueled a discrete guessing game among investors as to which companies would benefit. After all, it would be nice to have at least a few […] Read more »
For the past few months, stocks of solar-energy companies have been following the movements of the broader market, only with amplified volatility. So it comes as no surprise that, with stock indexes in general rising for the fourth straight trading day, solar stocks are up big. […] Read more »
Back in the dark ages, when I used to have a Toshiba laptop, I would always remove the battery when running off of AC power, out of what may have been misguided superstition. I was told, and I fervently believed, that doing so would extend the […] Read more »
There have been a lot of complaints about the organization of the App Store. Yes, you can search, and browse by category, but the sheer volume of apps available and the relatively simple App Store design make finding something without knowing exactly what you’re looking for […] Read more »
Solar stocks continue to have a rough time. In stark contrast to 2007, when the bigger names in the sector were rallying month after month on the promise of solar power, there is no clear sign of where the bottom is. Just when it looks like […] Read more »
When I am in my office I am connected to most everyone I need to work with through some sort of Instant Messaging service. I find it convenient to be able to stay connected and have quick discussions. It is outside of the office where things […] Read more »
This year has brought more than its share of surprises to the energy industry, but the bankruptcy of ethanol giant VeraSun Energy was one that few would have predicted at the beginning of the year. The stock started the year at $15.28, down from its June […] Read more »
As we continue to slide into a dire economic correction, a silver lining is starting to emerge around the dot-com crash. By pushing a lot of froth out of the system several years ago, it has spared us from a true “Perfect Storm” of an economic crisis in 2008. Read more »
It’s easy to read too much rational thought into a market that is as volatile as U.S. stocks are these days, but it seems First Solar has just handed the solar bulls a couple of very good reasons to be optimistic. The Tempe, Ariz.-based, maker of […] Read more »
Like most sectors, the coming crop of quarterly earnings reports from solar companies will be watched closely. There are arguments for and against the health of solar power in the imminent recession. On the one hand, companies needing capital may be stretched, silicon may be expensive […] Read more »