Stock Analysts

BP to Boost Capex (BP) (PXP)

British supermajor BP Plc ( BP ) intends to boost its capital expenditure in the upcoming years to cope with the drastic changes in its portfolio. The Rosneft deal as well as the divestment plan post-Macondo has largely altered the oil giant’s portfolio. […]

Stock Analysts

SunPower, China in Solar Biz (FSLR) (SPWR) (STP)

A Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar system, SunPower Corporation ( SPWR ) has entered into a joint venture agreement with Tianjin Zhonghuan Semiconductor (“TZS”), Inner Mongolia Power Group (“IMP”) and Hohhot Jinqiao City Development Company (“HJCD”). Per the agreement, the partners will manufacture and deploy SunPower's high efficiency, C7 concentrator solar systems in Inner Mongolia and other regions in China. […]

Stock Analysts

LMT to Support Air Force with JASSM (GD) (LMT) (NOC)

Lockheed Martin Corporation ( LMT ) has received a Foreign Military Sale (“FMS”) contract worth $5.1 million to support integration of the Joint Air-to-Surface Standoff Missile (“JASSM”) onto the Finnish Air Force (“FiAF”) F-18C/D aircraft of U.S. Air Force. Joint Air-to-Surface Standoff Missile is an autonomous, air-to-ground, precision-guided standoff missile. […]

Stock Analysts

News Corp Provides Update on Split (NWSA) (TWX)

In a follow-up to its recent decision to split into two separate publicly traded entities, News Corporation ( NWSA ) named Robert Thomson, Editor-in-Chief of Dow Jones and managing Editor of The Wall Street Journal, as the new CEO of its publishing company. News Corporation hit the headlines in June, when it proclaimed its decision to split into two separate publicly traded publishing and media and entertainment entities. […]

Stock Analysts

AT&T Further Extend its LTE Markets (S) (T) (VZ)

The second-largest wireless carrier in the U.S., AT&T ( T ) recently launched its high-speed 4G Long Term Evolution (LTE) services in six new cities namely Albuquerque, N.M.; Reading, Penn.; and Salt Lake City, Utah. Higher adoption of smartphones and tablets has increased the demand for much faster network services. Moreover, the new launch of 4G LTE-based iPhone 5 (AT&T is the highest selling carrier of iPhone 5) will further accelerate the bandwidth requirement for AT&T going forward […]

Stock Analysts

SNWV Raises Non-Dilutive Financing (SNWV)

SNWV Raises Non-Dilutive Financing By Brian Marckx, CFA Yesterday (12/3/2012) SANUWAVE ( SNWV ) announced that they entered into a financing agreement with one of the company's largest shareholders whereby he will purchase $1MM worth of common stock at $0.25/share over a period of about 18 months. Terms of the subscription agreement include the sale of $50k (200k) worth of shares by 1/31/2013, $50k by 2/15/2013 and the remaining $900k (3.6MM shares) by 5/27/2014. If at any time after 2/15/2013 SNWV's cash balance falls below $100k the company has the option of requiring the subscriber to purchase $100k (400k) worth of shares of the balance of the total financing amount. […]

Stock Analysts

Big Lots Slips to Loss in 3Q (BIG) (TGT)

Big Lots Inc . ( BIG ) reported third-quarter 2012 adjusted loss of 10 cents a share compared with adjusted earnings of 6 cents in the comparable prior-year period. However, the reported loss compared favorably with the Zacks Consensus Estimate of a loss of 24 cents. […]