Praxair Selected for Dow Jones Sustainability Index
September 13, 2006
DANBURY, Conn.–(BUSINESS WIRE)–Sept. 11, 2006–For the fourth consecutive year, Praxair, Inc. (NYSE: PX) has been selected as a component of the Dow Jones Sustainability World Index. This puts Praxair among the top 10 percent of the world’s largest 2,500 companies that are included in the index because of their industry leadership in corporate sustainability. Read the rest of this entry »
EPOD Announces Share Buy-Back
September 11, 2006
EPOD International Inc. (the “Company,” “EPOD”) (OTCBB: EPOI) (FRANKFURT: EDU), a Grid-Integrated, eco-power utility and electric power systems provider, announces the Company intends to initiate a share buy-back of its common stock.Management announces the Board of Directors has approved a buy-back of EPOD’s common shares under a normal course issuer bid. The Company intends to purchase for cancellation, if it considers it advisable to do so, up to a maximum of ten (10) million of the Company’s common shares. The share buy-back, representing up to 21% of the Company’s issued and outstanding share position, will begin immediately upon receipt of the necessary regulatory approvals. Read the rest of this entry »
Pacific Ethanol “strong speculative buy”
August 21, 2006
In a research note published on August 18, analyst Paul J Resnik of JM Dutton Associates mantains his “strong speculative buy” rating on Pacific Ethanol Inc. (ticker: PIEX). The 12-month target price is set to $35. Read the rest of this entry »
CHICAGO–(BUSINESS WIRE)–Aug. 3, 2006–Zacks.com releases the latest Analyst Interview. Today’s interview is with senior analyst Jonathan Kolb, who discusses General Electric (NYSE: GE), Archer Daniels-Midland (NYSE: ADM), Evergreen Solar (Nasdaq: ESLR), Energy Conversion Devices (Nasdaq: ENER) and Pacific Ethanol (Nasdaq: PEIX). Read the rest of this entry »
SunOpta Shares Rally After Earnings News
August 3, 2006
Shares of Food Producer SunOpta Rally Following 2nd-Quarter Earnings Report
NEW YORK (AP) — Shares of SunOpta Inc. (Nasdaq: SKTL) (TSX: SOY) rallied on Thursday, a day after the company reported second-quarter earnings that narrowly missed expectations, but impressed analysts with its newly booked business and better-than-expected performance from its core food segment.
Shares of SunOpta, a Canadian specialty foods producer and distributor, rose 56 cents, or 6.4 percent, to $9.31 in afternoon trading on the Nasdaq. Read the rest of this entry »
Sector Preview: Ethanol
July 25, 2006
Analysts Look for Stronger 2Q Profit From Ethanol Producers on Stronger Demand
NEW YORK (AP) — Ethanol has been hot both on Wall Street and in Washington recently, and analysts are forecasting stronger second-quarter results from producers.With Congress pushing ethanol and other renewable fuels as a gasoline additive, the industry has a guaranteed demand floor for its cleaner-burning fuel. But some analysts worry whether the industry is overbuilding capacity, which could flood the market and depress ethanol prices. Read the rest of this entry »
VeraSun Shares Down
July 25, 2006
VeraSun Shares Fall As Morgan Stanley Begins Coverage at “Equal Weight”
NEW YORK — Morgan Stanley initiated coverage of ethanol producer VeraSun Energy Corp. (NYSE: VSE) Monday with a mostly positive note that noted drought conditions in the Midwest could drive up prices of corn, the main ingredient in ethanol.
Ethanol is a type of alcohol derived from corn that can be blended with gasoline and used as automotive fuel.
Verasun fell 69 cents, or 2.9 percent, to $23.26 on the New York Stock Exchange. The stock began trading June 14 at $23 per share and rose 4 percent since then. Read the rest of this entry »
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