Today: Cisco hits its highest price in more than two years and may be poised for more gains.
Forget Tesla . Musk's roof-top firm SolarCity is now the nation's largest residential solar installer Elon Musk's electric car and rocket ship ventures may score the headlines --but SolarCity, his rooftop photovoltaic company, is proving the market leader of a booming business.
Jim and Sharon Vargo of Lake Delton, Wis., cross a bridge at the Town Square shopping complex on March 20, 2009.
After reporting on the extreme valuation of Tesla Motors, Inc. , another Elon Musk stock soared to levels making Tesla appear cheap.
Construction of a 24 megawatt solar system recently began at Ohana Military Communities in Hawaii which serves personnel of Navy Region Hawaii and Marine Corps Base Hawaii.
On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: AVG Technologies downgraded to Neutral from Buy at Goldman... Cigna downgraded to Hold from Buy at Jefferies... Cree downgraded to Neutral from Buy at Sterne Agee... Melco Crown downgraded to Neutral from Buy at UBS... SolarCity downgraded to Neutral from Buy at Roth ... (more)
SolarCity Corp. , the second-largest U.S. solar company by market value, declined the most in more than a week after posting a first-quarter loss related to increased investments in rooftop systems.
U.S. stock-index futures fell as German economic sentiment missed forecasts and Federal Reserve Bank of Philadelphia President Charles Plosser reiterated that the central bank should reduce bond purchases.
Stocks have been on a tear this year, with all three indexes up roughly 15% so it's not unexpected to see some pullback.
SCTY, SOL, ASR.CA, AR.CA, GGGG, PBWIn trading on Monday, the WilderHill Clean Energy Portfolio ETF is outperforming other ETFs, up about 3.1% on the day.
SolarCity Corp issued its quarterly earnings data on Monday. The company reported earnings per share for the quarter, meeting the analysts' consensus estimate of , AnalystRatings.Net reports.
Net sales were $755 million in the quarter, a decrease of $320 million from the fourth quarter of 2012 and an increase of $258 million from the first quarter of 2012.
Today: SolarCity again rises to record high stock price, but first quarter as a publicly traded company included large losses.