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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...
Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday
Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...
UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...
Eurozone crisis live: Japan's strong growth figures... PM Shinzo Abe's stimulus package could generate feelgood factor needed to end two decades of stagnant growthPhillip Inman
Category : World News
Notable earnings before Thursday’s open: BKE, CSIQ, DANG, DLTR, GME, HP, NM, ROST, SBH, SPH, STP, TDG, TGT, WMT 
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Here is the original post: Notable earnings before Thursday’s open: [[BKE]], [[CSIQ]], [[DANG]], [[DLTR]], [[GME]], [[HP]], [[NM]], [[ROST]], [[SBH]], [[SPH]], [[STP]], [[TDG]], [[TGT]], [[WMT]]
Category : Stocks, World News
Notable earnings before Wednesday’s open: AEO, CHS, EXPR, STP, TOL Post your comment!
Read more: Notable earnings before Wednesday’s open: [[AEO]], [[CHS]], [[EXPR]], [[STP]], [[TOL]]
The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage.
NEW YORK (Trefis) — SunPower announced that it would be taking steps to lower its manufacturing costs and improve supply chain efficiency.
The company said it was going ahead with plans to implement certain changes to its manufacturing lines and shift production to new lines to lower costs. The changes are expected to help the company cut production costs to $0.86/watt by the end of 2012.
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Click to view a price quote on SPWR.
Click to research the Electronics industry.Continued here: SunPower to Cut Costs in Industry Downturn
Category : Stocks
The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage.
NEW YORK (Trefis) — Suntech Power reported a decline in volumes and margins in its fourth-quarter results last week.
The company reported a net loss of $1 billion for the year, largely because of a $462 million charge it took in third quarter and because of other settlement charges and expenses. Other solar companies like Trina Solar and First Solar have also booked significant losses after being hit by falling margins and write-downs. Suntech management expects moderate growth in sales volume in 2012, but warned that panel sales may fall by 30% in the first quarter.
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Click to view a price quote on STP.
Click to research the Electronics industry.View post: Suntech: Price Target Lowered
NEW YORK (TheStreet) — Energy Conversion Devices entered chapter 11 bankruptcy on Tuesday, but when it comes to solar stocks the failed U.S. solar company is far from alone in struggling to make ends meet.
In fact, even though TheStreet warned investors that Energy Conversion would be entering bankruptcy it’s worth pointing out that it doesn’t even top the list of potential bankruptcies in the solar sector based on a popular metric for assessing balance sheet risk.
Energy Conversion scored 1.49 on the Altman Z bankruptcy risk metric based on its last reported quarter.
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Click to view a price quote on WFR.
Click to research the Electronics industry.Read this article: Solar Stocks With More Bankruptcy Risk Than Energy Conversion