Tag Archives: weather

First Solar sinks on revised outlook for 2011

Shares of solar manufacturer First Solar (NASDAQ:FSLR) have plummeted today after the company cut its earnings and revenue expectations for the 2011 fiscal year. The company said that weather delays and other unspecified problems have arisen which are interfering with …

Posted in Energy, Main Post | Tagged , , , , , , , , , , , , , , , , , | Comments Off

At the bell market report (S, JKS, ARO)

In this report: Sprint Nextel (NYSE:S), JinkoSolar Holdings (NYSE:JKS) and Aeropostale (NYSE:ARO).

Sprint Nextel (NYSE:S) shares jumped more than 7 percent today following two days of declines. The company announced at an investors and analyst briefing that it plans to …

Posted in Latest Headlines | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Wheat futures rise as livestock producers look for cheaper alternative to corn

Wheat futures have gained today on speculation that livestock producers will turn to grain as an alternative to corn which is priced higher.

The speculation is that demand for wheat will increase as consumers look for alternative method of feeding …

Posted in Commodities, Main Post | Tagged , , , , , , , , , , , , , , , , | Comments Off

Oil hit $89 a barrel on supply concerns

Oil is up by more than $3 a barrel today on expectations that the storms in the Gulf of Mexico will slow down oil production in that region.

Commodity traders and analysts believe that the U.S. will see stockpiles drop …

Posted in Commodities, Main Post | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Home Depot cashes in on storm repairs in 2Q, points to consumer confidence in economy

The Home Depot today stated that storm related repairs on home effected by severe weather rallied shoppers to their store and helped it produce a 14 percent rise in net income for the three months ending on July 31st.

 …

Posted in Latest Headlines, Services | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Foods prices to rise as corn crops get hit with unforgiving heat

Food prices are set to be even higher next year as extreme weather conditions in the United States plays havoc on corn crops all over farming regions.

The increase may not be as bad as it would appear though as …

Posted in Commodities, Main Post | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off