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Friday Earnings Big Gainers: MGA, TC, MFW
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Friday, 06 November 2009 |
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Automotive supplier Magna International (MGA) posted earnings of 45 cents per share in the third quarter, up from a loss of a dollar 93 in Q3 of 2008. Vehicle production was down 20% year over year, and total sales fell 16%.
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Downgrades: ESLR, RST, RRGB
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Friday, 06 November 2009 |
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This morning, Citigroup downgraded shares of Evergreen Solar (ESLR) from Hold to Sell following yesterday's third quarter results. The company reported better than expected results on higher revenue and attempted to alleviate fears of a dwindling cash position, but analysts at Citigroup were not convinced.
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Today's Big Gainers: ACLS, GROW, ARP, SAM
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Friday, 06 November 2009 |
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Axcelis Technologies (ACLS), a company serving the semiconductor industry, reported higher revenue and a smaller loss compared to last year. The company lost 15 cents per share in the third quarter, compared to 22 cents in Q3 of 2008.
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India's New Government Holding It's Own
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Friday, 06 November 2009 |
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Niraj Sheth discusses the relatively new Indian government, including how they are faring within this tough economy, and outsourcing with Vineet Nayar the CEO of HCL Technologies.
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News Hub: Seeking Answers in Fort Hood Shooting
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Friday, 06 November 2009 |
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WSJ's Yochi Dreazen talks with Kelsey Hubbard about the investigation of the shooting at Fort Hood, including whether the massacre was premeditated, and what role the stresses of war played in this event.
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