Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This float here is not that small for little fishes but still, now is the time to take em all out. 0.007$ is just right there.
Is Power-One Working Hard Enough for You?
By Seth Jayson | More Articles
May 16, 2011 | Comments (0)
Margins matter. The more Power-One (Nasdaq: PWER ) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders. Healthy margins often separate pretenders from the best stocks in the market. That's why I check on my holdings' margins at least once a quarter. I'm looking for the absolute numbers, comparisons to sector peers and competitors, and any trend that may tell me how strong Power-One's competitive position could be.
Here's the current margin snapshot for Power-One and some of its sector and industry peers and direct competitors.
(view link bellow for graphic)
Unfortunately, that table doesn't tell us much about where Power-One has been, or where it's going. A company with rising gross and operating margins often fuels its growth by increasing demand for its products. If it sells more units while keeping costs in check, its profitability increases. Conversely, a company with gross margins that inch downward over time is often losing out to competition, and possibly engaging in a race to the bottom on prices. If it can't make up for this problem by cutting costs -- and most companies can't -- then both the business and its shares face a decidedly bleak outlook.
Of course, over the short term, the kind of economic shocks we recently experienced can drastically affect a company's profitability. That's why I like to look at five fiscal years' worth of margins, along with the results for the trailing 12 months (TTM), the last fiscal year, and last fiscal quarter (LFQ). You can't always reach a hard conclusion about your company's health, but you can better understand what to expect, and what to watch.
Here's the margin picture for Power-One over the past few years.
Because of seasonality in some businesses, the numbers for the last period on the right -- the TTM figures -- aren't always comparable to the FY results preceding them. To compare quarterly margins to their prior-year levels, consult this chart.
Source: Capital IQ, a division of Standard & Poor's. Dollar amounts in millions. FQ = fiscal quarter.
Here's how the stats break down:
Over the past five years, gross margin peaked at 38.8% and averaged 26.1%. Operating margin peaked at 28.1% and averaged 3.9%. Net margin peaked at 14.1% and averaged -3%.
TTM gross margin is 39.1%, 1,300 basis points better than the five-year average. TTM operating margin is 28.4%, 2,450 basis points better than the five-year average. TTM net margin is 15.3%, 1,830 basis points better than the five-year average.
With recent TTM operating margins exceeding historical averages, Power-One looks like it is doing fine.
If you take the time to read past the headlines and crack a filing now and then, you're probably ahead of 95% of the market's individual investors. To stay ahead, learn more about how I use analysis like this to help me uncover the best returns in the stock market. Got an opinion on the margins at Power-One? Let us know in the comments below.
http://www.fool.com/investing/general/2011/05/16/is-power-one-working-hard-enough-for-you.aspx
Power One CEO sees Italian solar investments return
New YORK | Tue May 17, 2011 5:51pm EDT
May 17 (Reuters) - Funding for new Italian solar projects should begin to flow in the coming weeks as investors digest new subsidy rules there, the head of solar power equipment maker Power One (PWER.O) said on Tuesday.
After months of negotiating, the Italian government agreed to caps on lucrative subsidies that had made the country the world's No. 2 solar market. [ID:nNLDE7440Z]
"What we're waiting on now, after the announcement, is the financing spigot to be turned on again and to start funding our customers. We think that's still a matter of weeks," Power One Chief Executive and President Richard Thompson told Reuters in an interview.
Power One, based in Camarillo, California, is the second largest supplier of inverters to the solar power industry behind Germany's SMA Solar (S92G.DE).
Even with the reductions to the Italian solar subsidies, returns on investment there for solar power developers remain between about 8 to 10 percent, he said.
About 96 percent of Power One's renewable energy business is generated in Europe, although it is moving to increase sales in Asia and North America.
Shares in Power One slipped 0.1 percent to $8.79 on Nasdaq, bringing its year-to-date loss to nearly 14 percent.
(Reporting by Matt Daily; Editing by Richard Chang)
http://www.reuters.com/article/2011/05/17/powerone-idUSN1720769220110517?feedType=RSS&feedName=rbssEnergyNews&rpc=43
ai caramba, there is it. lol GL to you!
this one could move very easy or am i wrong? 0.03$ is just there...
why the lack of interrest, or is it me dont seeing something what others see....lol
FBCD GREAT MARVEL NEWS
Dearborn Bancorp Inc. Reports Operating Results (10-Q)
May. 13, 2011 | Filed Under: DEAR
Dearborn Bancorp Inc. (DEAR) filed Quarterly Report for the period ended 2011-03-31.
Dearborn Bancorp Inc. has a market cap of $10.2 million; its shares were traded at around $1.3301 with and P/S ratio of 0.2.
Highlight of Business Operations:
The Corporation reported provision for loan losses of $1,395,000 for the three month period ended March 31, 2011, compared to $100,000 for the same period in 2010, an increase of $1,295,000. The provision for loan losses were primarily due to net charge-offs during the three month ended March 31, 2011. Net charge-offs during the first quarter of 2011 amounted to $1,395,000. The charge-offs recorded during the first quarter of 2011 had allocations of $396,000 in the allowance for loan loss as of December 31, 2010. The difference between the charge-offs recorded during the three months ended March 31, 2011 and the allocation in the allowance for loan losses at December 31, 2010 was primarily due to full charge-offs taken on loans which are not specifically analyzed because the outstanding balance of those loans were less than $500,000. These loans were assigned an allocation based on historical charge-offs. The Corporation’s policy is to specifically analyze all impaired loans with a balance over $500,000. The Corporation also reported write-downs on real estate of $326,000 for the three months ended March 31, 2011 compared to $656,000 for the same period in 2010, a decrease of $330,000 or 50%.
2011 Compared to 2010. As noted on the chart on the following page, net interest income for the three month period ended March 31, 2011 was $8,569,000, compared to $8,055,000 for the same period in 2010, an increase of $514,000 or 6% for the period. This increase was caused primarily by the decline in the cost of liabilities. Similarly, the increase in the Corporation’s net interest spread and net interest margin was primarily due to the decline in the cost on interest bearing liabilities. The Corporation’s interest rate margin was 3.96% for the three month period ended March 31, 2011 compared to 3.47% for the same period in 2010. The Corporation’s interest rate spread was 3.84% for the three month period ended March 31, 2011 compared to 3.27% for the same period in 2010.
2011 Compared to 2010. The provision for loan losses was $1,395,000 for the three month period ended March 31, 2011, compared to $100,000 for the same period in 2010, an increase of $1,295,000 or 1295% for the period. The provision for loan losses were primarily due to net charge-offs during the period, which amounted to $1,395,000 for the period and was substantiated by management’s internal analysis of the adequacy of the allowance for loan losses.
Non-accrual loans were $71,953,000 at March 31, 2011 compared to $66,563,000 at December 31, 2010, an increase of $5,390,000 during the three months ended March 31, 2011. This increase was due to the migration of primarily previously identified classified loans. These loans have been identified as impaired loans and have been charged down to the value of the collateral or an appropriate reserve has been identified in the allowance for loan loss. Of this increase, all but approximately $1,183,000 were identified at December 31, 2010 as classified loans with reserves for losses established accordingly.
2011 Compared to 2010. Non-interest income was $75,000 for the three month period ended March 31, 2011 compared to a non-interest loss of ($59,000) for the same period in 2010. The increase in non-interest income was primarily due to the decline in the amount of write-downs on other real estate during 2011. During the three months ended March 31, 2011, the Corporation recorded write-downs on real estate in the amount of $326,000 compared to $656,000 during the same period in 2010.
When transactions related to other real estate and securities are excluded, non-interest income for the three month period ended March 31, 2011 amounted to $477,000 compared to $539,000 during the same period in 2010, a decrease of $62,000 or 11% for the period. This decrease is primarily caused by the decrease in the service charges on deposit accounts and the gain on the sale of loans during the period i
http://bit.ly/kW0qj0
gooo CMBC. :) whats goodie fellow trader. lets make some good money.
born small, soon going to be huge, winning, bring it!
lol
FBCD @ 0.72$
Jazz Target Prices
Mean estimate : 30.50
Median estimate : 32.00
High estimate : 43.00
Low estimate : 15.00
PWER Target Prices as of 05.07.2011
Mean estimate : 11.89
Median estimate : 11.50
High estimate : 18.00
Low estimate : 8.00
Estimated P/E : 8.62
Total analysts: 17
Average consensus: 1.82 (Outperform)
1. Buy : 8 47.06 %
2. Outperform : 4 23.53 %
3. Hold : 5 29.41 %
thanks for this article. it explains it. italy growth for solars is slowing down, the market there sounds like its satiesfied. they say the would focus more on german markets.
what i am missing is the outlook for the US market? Watching America investing more in Solar energy the next years will be a good thing. The market is big an with pwer at the lead for inverters +, we could get good piece of the cake here.
Flash Crash Outrage and What Stocks Look Good
As we approach the one year anniversary of the horrific "Flash Crash" of May 6th, 2010 we have to face the reality that virtually nothing has been "fixed" or changed.
This was brought painfully home to me when in four of my personal accounts I was suddenly stopped out (I had a stop-limit in place at $30 a share) of Jazz Pharmaceuticals (JAZZ).
As Bert Wilkison reported in his April 27th Seeking Alpha article about the JAZZ "Flash Crash", on April 27th, 2011, the stock opened at $33.59. But at 10:00 AM EST the stock "...plummeted for approximately two minutes before finding a hard floor at $23.50."
The approximately 29% plunge in share price in less than five minutes was shocking and certainly violated the SEC 10% "Stock-by-Stock Circuit Breaker Rules", adopted after the flash crash of last May. It makes clear the following:
Under the new rules, a U.S. stock exchange that lists a stock is required to issue a trading "pause" in a stock if the stock price moves up or down by 10% or more in a five-minute period. The same pause will be in effect on all other U.S. stock and stock option markets, and the single-stock futures market, resulting in a uniform halt. After five minutes, the exchange that issued the pause may extend it if there are still significant imbalances between orders to buy and sell shares of the affected stock. After a ten-minute pause, other exchanges are free to resume trading in the stock and once that occurs, trading may resume in the over-the-counter markets."
As Bert wrote in his article,"It has been "officially determined" that the crash in May of 2010 was initiated when a single large trade set in motion a computer-generated-high-frequency-market-wide-sell-off, in which many investors' stop-limits were "unintentionally" triggered.
Much like in previous flash crashes of other stocks, JAZZ almost immediately completely recovered from the sudden and unexpected drop, but not before quick-handed traders could take advantage of the situation.
The problems which cause "flash crashes" have not been corrected and eliminated, and that is something all investors need to be aware of. I hope to have more to say about this situation in my next report.
Now to "the Apples of my eye". Apple (AAPL) apparently is sitting on a cash "kitty" worth nearly $66 billion and according to a report I read today, they may be able to grow that number to $100 billion before the end of its next fiscal year. AAPL has no debt to speak of either.
To put that into perspective, Microsoft (MSFT) has around $49 billion in cash with over $13 billion in debt. I like MSFT as a "cash cow" and hope they'll pay out a rich "special dividend" to shareholders as well as figure out ways to increase revenues and earnings.
That being said, AAPL by many measures may have much more upside stock price potential, especially if their wealth continues to hold and grow. What AAPL will do with all their money is yet to be determined, but if Steve Jobs has his way it will be used to enhance the potential for AAPL stock to reward its shareholders.
With silver prices correcting significantly, I'm buying more Silver Wheaton (SLW) below $37 and accumulating my favorite international silver producer, Silvercorp Metals (SVM) below $12 a share.
I've begun buying back shares of the Sprott Physical Silver Trust ETF (PSLV) and hope to soon buy back shares of the ETFS Physical Silver Shares Trust (SIVR) if silver falls below $40 an ounce.
Lastly, I used Tuesday's dip in ConoccoPhillips (COP) to buy shares around $74.50. At that price this cash-generating energy company is currently paying a dividend yield of around 3.5%. Recently, COP reported quarterly earnings of around $3 billion or $2.09 a share, and they have potential to generate even more earnings if energy prices stay at current levels or go higher.
COP operates through six segments: Exploration and Production (E&P), Midstream, Refining and Marketing (R&M), LUKOIL Investment, Chemicals, and Emerging Businesses.
The E&P segment explores for, produces, transports, and markets crude oil, natural gas, natural gas liquids, and bitumen. It also mines deposits of oil sands in Canada to extract the bitumen and upgrade it into a synthetic crude oil.
COP has over $28 billion in debt but its operating cash flow (trailing twelve months) is over $17 billion and its levered free cash flow (ttm) is an impressive $10.57 billion. It is well managed and although the shares could fall lower, this appears to be a good level to begin accumulating shares from my perspective.
Market corrections like this are often good times to begin to "nibble" at the very least. Last week the Fed and Dr. Bernanke told us that their intentions are to keep short-term interest rates near 0%, and that their current monetary policies "...will continue through at least the next 2 meetings [June 21-22 and August 9th, 2011]".
So stock market conditions should be favorable in the months ahead. But, and this is a serious caveat, we have to do something about the ongoing threat of "flash crashes" and these massive market interventions by huge traders using algorithm-based computer programs.
JAZZ taught us again the threat is real and ongoing. How to stop this is yet to be determined.
http://seekingalpha.com/article/267540-flash-crash-outrage-and-what-stocks-look-good
Uh-Oh....More Than Just a Little Trouble for DRYS, KRO, and JAZZ
It's not that I don't recognize it takes no guts to point out bearish stocks on a bearish day like today. Let's face it through - some stocks are a lot more vulnerable than others. Here's a look at three from that 'highly vulnerable' group that may have started serious downside moves on Wednesday.
In an ironic twist, small cap stock Jazz Pharmaceuticals, Inc. (NASDAQ:JAZZ) is becoming a victim of its own success. Gaining more than 300% since June of last year, this pharma name has been over-extended for months; the 100% separation between it and its 200-day moving average line is almost unheard of.
Of course, the price is being paid now, and things are apt to get worse for JAZZ before they get better. Thanks to today's 7.6% dip (so far), the stock's now under its 50-day moving average line for the first time in many, many months. That alone is a big sell signal, and when all those previous buyer start seeing their profits threatened, Jazz Pharmaceuticals will likely see a nasty wave of profit-taking.
http://www.smallcapnetwork.com/Uh-Oh-More-Than-Just-a-Little-Trouble-for-DRYS-KRO-and-JAZZ/s/article/view/p/mid/1/id/1794/
looks good! nice push higher on good volume so far. first price target 9.25$ imo. next week should be great here. yahoo!
PWER Power-One Announces First Quarter 2011 Results
Quarterly revenue grows 61 percent year-over-year to $245 million
Operating income rises 143 percent year-over-year to $51 million
First quarter diluted EPS reaches $0.20 versus $0.04 in the year ago period
nice volume today, 10 day MA about to cross 50 day MA. we might ready for some more action here!
PWER Power-One Announces First Quarter 2011 Results
Quarterly revenue grows 61 percent year-over-year to $245 million
Operating income rises 143 percent year-over-year to $51 million
First quarter diluted EPS reaches $0.20 versus $0.04 in the year ago period
nice volume today, 10 day MA about to cross 50 day MA. we might ready for some more action here!
PWER Power-One Announces First Quarter 2011 Results
Quarterly revenue grows 61 percent year-over-year to $245 million
Operating income rises 143 percent year-over-year to $51 million
First quarter diluted EPS reaches $0.20 versus $0.04 in the year ago period
nice volume today, 10 day MA about to cross 50 day MA. we might ready for some more action here.
have a nice day
stockfreak.
yes finally, very nice HOD 8.62$. 10 day MA about to cross the 50 day. i think we are ready to go. :):)
squeeeeezze em out lol 8.35$
im not getting why all that trouble about italy. this should not be in focus, i think autors are owerweighting italy in this game. they key for pwer will be entering into the american market. i have attached a graphic on outlook for the next two years. will post this picture later in the ibox.
thanks for the article, as always much appreciated.
picture source:
http://seekingalpha.com/article/258118-power-one-undervalued-energy-stock-at-an-attractive-entry-point?source=yahoo
4 Undervalued Clean Energy Stocks With Significant Levered Free Cash Flo
2. Power-One Inc. (PWER): Diversified Electronics Industry. Market cap of $833.55M. PEG at 0.34. TTM levered free cash flow at 179.87M, which represents about 21.58% of the company's market cap. This is a risky stock that is significantly more volatile than the overall market (beta = 2.19). The stock is a short squeeze candidate, with a short float at 33.37% (equivalent to 7.07 days of average volume). The stock has lost 2.02% over the last year.
http://seekingalpha.com/article/268289-4-undervalued-clean-energy-stocks-with-significant-levered-free-cash-flow
could get there eventually. the earnings are inline with estimates imo. at least to say there is nothing to brag about. would like to see pwer higher in the coming weeks like my LCC wich is flying on cheeper oil prices. if we close above 8.00$ today on solid volume pwer could get aswell more expensive in the coming weeks. we will see. GL and welcome.
stockfreak
Jazz Pharma's Q1 profit jumps to $21.8M
Jazz Pharmaceuticals Inc. on Tuesday reported first quarter net income of $21.8 million, or 48 cents a share, compared to $1.5 million, or 4 cents a share in the same period last year.
Palo Alto-based Jazz (NASDAQ:JAZZ) reported revenue of $50.9 million, up from the year-ago quarter's $35.2 million.
Excluding items, the company would have earned $26.8 million, or 59 cents a share.
"Our first quarter results reflect strong sales momentum for Xyrem," said CEO Bruce Cozadd. "We are committed to helping patients suffering from narcolepsy."
The company also said it will not proceed with the additional clinical studies to support the development of JZP-6 (sodium oxybate) in fibromyalgia requested by the Food and Drug Administration. This decision follows an internal analysis of the cost, development time and likelihood of regulatory success associate
http://www.bizjournals.com/sanjose/news/2011/05/03/jazz-pharmas-q1-profit-jumps-to-218m.html
Power-One Announces First Quarter 2011 Results
Power-One, Inc. (MM) (NASDAQ:PWER)
Intraday Stock Chart
Heute : Thursday 5 May 2011
Quarterly revenue grows 61 percent year-over-year to $245 million
Operating income rises 143 percent year-over-year to $51 million
First quarter diluted EPS reaches $0.20 versus $0.04 in the year ago period
Power-One, Inc. (Nasdaq:PWER), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, today announced financial results for the first quarter 2011. For the quarter ended April 3, 2011, Power-One recorded net sales of $245 million, an increase of 61 percent from the first quarter 2010. Net income attributable to common stockholders for the first quarter was $30 million, or $0.20 per diluted share, compared to $4 million, or $0.04 per share for the same period last year.
"We are pleased with the performance of both our Power and Renewable Energy SBUs, despite difficult market conditions in the European solar market that affected Power-One's renewable energy sales in the first quarter," said Richard Thompson, Chief Executive Officer of Power-One.
"We anticipate the solar market will begin to gain momentum as Italy recently passed its legislation and the German market is showing signs of heightened activity," continued Mr. Thompson. "Further, we expect our focus on new geographies, particularly North America and Asia, will add revenue in renewables and lead to improving profitability in both our Power Solutions and Renewable Energy Solutions SBUs."
Renewable Energy Solutions
Renewable Energy Solutions posted a revenue increase of 85 percent versus last year as Power-One showed continued momentum in the photovoltaic (PV) inverter market. In the quarter, Power-One continued to build out its infrastructure by increasing U.S. production and gaining new customers in North America. Power-One also opened its China manufacturing facility to meet the burgeoning demand of the Chinese and Indian markets. Additionally, it began shipping utility-grade inverters for new industry leading customers in the U.S. and India.
Inverter and related products recorded sales of $152 million for the first quarter 2011. Renewable Energy Solutions contributed 62 percent of the company's revenue, versus 54 percent in the first quarter of 2010. During the quarter, Power-One shipped 609 MW of inverters.
Power Solutions
Power Solutions increased sales by 32 percent year-over-year, with revenue of $93 million in the first quarter 2011 versus $70 million in the same period of 2010. During the first quarter, Power Solutions' positive performance was driven by better product mix and higher overhead absorption. The unit continues to focus on reducing operating expenses and will continue to develop and implement plans to achieve its objectives.
Business Outlook
Power-One continues to build an impressive pipeline of new business in its new and existing geographies. For the second quarter of 2011, Power-One forecasts revenue of $250 million to $270 million, indicating increasing revenue versus the first quarter of 2011. Second quarter revenue is expected to be impacted by inverter inventory in the channel, albeit at lower levels than in the first quarter, and faster growth in the string inverter market in Europe versus ground mount systems. For the year, Power-One anticipates generating revenue between $1.1 billion and $1.25 billion.
http://ih.advfn.com/p.php?pid=nmona&article=47554136
so no earnings run up. overall market is down since days and people are moving from stocks into cash imo. big drop in oil gld etc today but at least we are a little bit green here. yahoo! hopefully the company will beat the estimates, wich got twice adjusted down since the last earnings. GL TO ALL.
im not quiet shure why you say it hasnt reboundet, 2006 pwer was trading arround 6-7$. today 2011 the stocks costs 8$. so were at the same point like before the crisis. the thing here is, that this is an alernative energy company and its not shure if green energy will be able to replace big parts of todays oil uran and coal giants. i think thats the big picture. the company works good and the fundamentals are good. its all about a clean way to produce energy and this could be a realy longer term hold here.
hope that helps a little bit, im not an expert at all but welcome and hopefully we can win one more user for this board. today its earnings, im courious and nervous lol!
awsome runner BCCI !!!!
Amended Statement of Changes in Beneficial Ownership (4/A) 04.29.11
http://ih.advfn.com/p.php?pid=nmona&article=47496620
this might be a stupid question but why is the aqusition price 0$? lol
earningsrelease in 2 days and were sitting in the low 8s on low volume. sighs*
$PWER closed at the 10 day MA 7.69$. daily macd looks not bad?
2 1/2 weeks until earnings release. may 5th. we see hopefully a earnings run up. that gap is still open and they have to close it one day even if its not now! lol
happy late easter to all.
Dearborn Bancorp Reports First Quarter Profit
DEARBORN, Mich., April 19, 2011 (GLOBE NEWSWIRE) -- Dearborn Bancorp, Inc. (Nasdaq:DEAR), the Holding Company for Fidelity Bank ("Bank"), today reported a net income of $154,000 or $0.02 per fully diluted common share for the three months ended March 31, 2011 compared to a net income of $1,128,000 or $0.15 per share for the three months ended March 31, 2010. The Company's Shareholders' Equity of $26,994,000 equates to a tangible book value of $3.51 per share compared to the market closing price of $1.42 on March 31, 2011. In accordance with regulatory capital guidelines, the Bank remains "undercapitalized" at March 31, 2011.
At March 31, 2011 the Company's total assets were $896,994,000 compared to $970,669,000 at March 31, 2010. Total loans were intentionally reduced from $813,961,000 to $718,187,000. Total deposits declined from $852,017,000 to $794,153,000. Cash and cash equivalents increased from $79,002,000 to $103,310,000, and securities available for sale increased from $46,267,000 to $53,117,000. During the last year, the Company has continued to focus on strategically reducing loan balances to conserve capital while increasing the liquidity of the balance sheet.
Michael J. Ross, President and Chief Executive Officer of both the Company and the Bank, announced the financial results and commented, "The Bank continues to generate solid core earnings. First quarter 2011 earnings were $154,000 net after expenses of $1,395,000 in loan loss provision, $326,000 in write-downs of other real estate owned, $1,180,000 in defaulted loan expense and $950,000 in FDIC insurance premiums. Net charge-offs for the first quarter of 2011 declined to $1,395,000 compared to $4,937,000 for the first quarter for 2010. Non-performing loans remain unacceptably high at $120,688,000. Included in this category are $42,205,000 of restructured troubled debt loans which are current according to their restructured terms."
Mr. Ross continued, "The net interest margin grew to 3.96% for the quarter ended March 31, 2011 compared to 3.47% a year ago, primarily as a result of improved deposit pricing. Additionally, management continues to maintain tight control over operating expenses in the areas of wages, occupancy, marketing, stationery and supplies, data processing as well as certain discretionary expenses.
Ross concluded, "We are beginning to see the results of declining Michigan unemployment which is now at 10.7% at March 31, 2011 down from 14.6% as of December 31, 2009. While we are showing some positive signs in 2011, the determining factor as to whether the Company can be solidly profitable in future quarters remains dependent upon the appraised value of collateral and level of charge-offs and write-downs. Thus, our primary concerns for 2011 are the recovery of the Michigan economy, credit quality, and the stability or improvement of the underlying collateral values in our loan portfolio."
Dearborn Bancorp, Inc. is a registered bank holding company. Its sole banking subsidiary is Fidelity Bank. The Bank operates 16 offices in Wayne, Oakland, Macomb and Washtenaw Counties in the State of Michigan. Its common shares trade on the Nasdaq Global Market under the symbol DEAR.
http://bit.ly/fGAp5d
there it is:
Company Ticker Brokerage Firm Ratings Change Price Target
Fibrocell Science FCSC.OB Rodman & Renshaw Mkt Outperform $3
http://www.briefing.com/GeneralContent/Investor/Active/ArticlePopup/ArticlePopup.aspx?SiteName=Mobile&ArticleId=UD20110419085950
If countries stop using nuclear power, what will they use? 4 Clean-Energy Alternatives To Uranium
Posted: April 14, 2011 10:03AM by Eric Fox
The recent accident at the Fukushima nuclear plant in Japan has caused many observers to question the use of uranium as a fuel to create nuclear energy, and perhaps cast doubts on clean energy alternatives in general. This may be a premature conclusion as there are other elements that can be used in the nuclear cycle to create power, as well as other non-nuclear alternative sources of fuel and power that are safer and much less harmful to the environment. (For related reading, also take a look at The Future Of Green Technology Investing.)
TUTORIAL: Economics Basics
Some of these alternatives have been around for generations, and should not be discarded in a fit of mass hysteria as a result of a terrible accident. These alternative energy sources include thorium, solar power, natural gas and hydrogen.
1. Thorium
Thorium can be used as a fuel in the nuclear cycle as an alternative to uranium and the technology to facilitate this has been around since the 1960s. Many scientists and others are advocating the use of this element as they claim it has many advantages over the current uranium fuel cycle in place at most plants around the world.
Thorium is a more abundant element than uranium, with Australia, the United States, Turkey and India holding 59% of the world's reserves of 4.4 million tons. Also, all the thorium mined can be used as a fuel, compared to less than 1% of the mined uranium. Scientists that have studied the thorium fuel cycle maintain that the process produces less waste and is safer than the uranium fuel cycle currently used at nuclear facilities.
Thorium Leaders
Several countries have taken the lead in promoting the use of thorium to produce energy. China recently announced that it would pursue the development of a molten salt nuclear reactor that uses thorium as a fuel. The Chinese Academy of Sciences said the technology was "environmentally safe, cost effective and politically palatable."
India has also identified Thorium as an energy source in phase three of the Nuclear Power Program that the country adopted in the late 1960s. India is working on the advanced heavy water reactor design to implement this technology.
The disappointing part of the thorium debate is that the United States was one of the leaders in developing this technology generations ago, and was among the first countries to have small scale thorium reactors operating. These have all been shut down and, because the United States lacks a cohesive energy policy, no thorium reactors are currently being considered.
TUTORIAL: Commodities
2. Solar Power
Solar power is abundant and inexhaustible and is arguably the best known of the alternative energy sources. The most common method of harnessing this energy is through the use of solar panels that convert the sunlight to electricity that is then distributed to the end user.
Another potential use of solar power is to create transport fuel for use in automobiles and trucks. Sundrop Fuels uses a technology called solar gasification, which involves applying concentrated solar power to heat biomass to temperatures of approximately 2,370 degrees Fahrenheit. This process creates a gas composed of carbon monoxide and hydrogen which is further processed into usable gasoline or diesel fuel. (For more on solar, see Spotlight On The Solar Industry.)
3. Natural Gas
Natural gas can also be used as an alternative source of transport fuel, and has several advantages over oil - the typical fossil fuel that is currently refined into gasoline. Natural gas emits less carbon and other harmful pollutants into the air when burned, and has seen a rapid increase in supply in the United States as the industry has perfected the technology to release the huge amounts of natural gas locked up in shale rock.
Natural gas used as a transport fuel can either be compressed natural gas (CNG) or liquefied natural gas (LNG), and is also cheap, with CNG selling on average about $1.15 less than gasoline on an energy equivalent basis according to the latest analysis by the Department of Energy.
4. Hydrogen
Another alternative source of fuel is hydrogen, which can be used in conjunction with a fuel cell to provide transport. Hydrogen burns clean, can be produced domestically and can be as much as three times more efficient than a typical gasoline powered engine.
Hydrogen can be produced through many different processes including from fossil fuels, biomass or electrolyzing water. To get the most benefit from hydrogen as a fuel source, the best method would be to use renewable energy sources to produce hydrogen.
The Bottom Line
There are many clean alternative sources of fuel and power that can be used in place of uranium. Some of these have been around for decades, already have proven technology and are much less harmful to the environment. The pursuit of these alternative types of energy such as thorium, solar power, natural gas and hydrogen must continue despite the tragic accident in Japan.
http://financialedge.investopedia.com/financial-edge/0411/4-Clean-Energy-Alternatives-To-Uranium.aspx
Rising Star Buy: Third Time's the Charm for Power-One
By Jim Mueller
April 14, 2011
This article is part of our Rising Star Portfolios series.
A month ago, I lamented the fact that the share price of Power-One (Nasdaq: PWER ) , a maker of DC-to-AC inverters for the solar and wind industries, had dropped well below $8 and then rebounded before I had a chance to buy. Of the 10 different companies my Messed-Up Expectations portfolio owns, I believe this one has the most growth opportunity and I wanted a really good price for my last purchase.
Well, the opportunity has arisen again -- given the volatility of the stock, I figured it probably would -- thanks in part to reaction to an announcement the company made last week. First, some background.
I first ran across this company last November and made it the second purchase for my Rising Star portfolio, believing that the company had a great growth story ahead as solar and wind energy become bigger and bigger contributors to the electrical grid.
When it reported 2010 earnings -- including 143% growth in revenue and a profit instead of a loss for the first time in years -- and guided for lower revenue in the first quarter than analysts had hoped, the market spanked the company by knocking the price down 21% in one day. I picked up a second portion.
Europe dominates, but should it?
Last week, citing slowdowns in Europe, Power-One lowered first quarter revenue guidance even further, down to $240 million to $245 million, below the lower end of its previous guidance of $260 million to $290 million. The stock price, after initially shaking that news off, has spent the past several days falling 10%, ending yesterday at $7.48 per share.
The worry du jour is still Europe, with Italy expected to cut back on its subsidies for solar power. But that worry is overblown, in my opinion, for two reasons. First, there's at least one report that Italy "is backtracking on its plan to cut [subsidies] on renewable energy." If that's true, it wouldn't surprise me, thanks to the public surge against nuclear power forcing Italy to put its nuclear plans on hold.
Second, Power-One is aggressively moving away from reliance on Europe. It's recently opened plants in Arizona and China and is going after the U.S, Chinese, and Indian markets. China, for example, expects to grow its solar power capacity from the current 600 MW level to 20 GW by 2020, a 33-fold increase. That should certainly help Chinese solar panel manufacturer Suntech Power (NYSE: STP ) . California requires that 33% of electricity generated for the state must come from renewable resources by 2020. Both Power-One and SatCon Technology (Nasdaq: SATC ) will benefit. Europe is not the only story anymore.
Thanks to the drop in price, tomorrow the Messed-Up Expectations portfolio will purchase its final position and increase Power-One to a 6% position.
http://www.fool.com/investing/general/2011/04/14/rising-star-buy-third-times-the-charm-for-power-on.aspx
im going to holidays this year to spring hill (Tel Aviv-Jaffa) ever heard of it?
have fun.
love
It remains to be seen! i dont belive they will not support solars. Italy has a lot of sun they should use this energy but yeah im not in the position to speak for the gov. of a country. :)
Its 7pm here now. Too bad sun will leave us soon for today.
thank you for the newsflash :).
looks like most was already priced in. didnt know they halted the stock but it helped to prohibit panic selling.
Take a look at the volume on 02.04.11. i believe we are worth 9.20$ and we should see this price level in the coming weeks! no guaratee on that but my weekly chart tells me that. all could come together with the earnings release in one month from here.
would like to see a close arround 8.50$ by tomorrow.
have a good day and take care, im going now outside to the lake here and having a beer. its awsome weather today. :)
best to you
andrew
Correction: PWER next earningsrelease thursday may 5 2011 after market close.
Power-One Updates Outlook for the First Quarter of 2011
Power-One, Inc. (MM) (NASDAQ:PWER)
Intraday Stock Chart
Heute : Thursday 7 April 2011
Power-One, Inc. (Nasdaq:PWER), a leading provider of renewable energy and energy-efficient power conversion and management solutions, today updated its financial outlook. For the period ended April 3, 2011, the company expects to report revenue between $240 million and $245 million, below its previously announced range of $260 million to $290 million, due to market conditions and near-term feed-in-tariff uncertainty in Italy and Germany.
"Although we expect to post a nearly 60 percent increase in revenue in the first quarter of 2011 compared to 2010, we've revised our guidance for the quarter due to recent adverse conditions in the European solar market," said Richard Thompson, Chief Executive Officer of Power-One. "Based on current developments, we still anticipate European countries such as Italy and Germany will continue to support solar adoption to reduce reliance on non-renewable sources of power. Further, for the remainder of 2011 and 2012, we believe we are better positioned to handle similar regional anomalies due to our expanded product line and focus on developing new markets, including the United States, China and India."
Power-One will provide further information on its first quarter 2011 performance when it reports earnings on May 5, 2011, after the market close
$DEAR on the run. 1.50$