Featured StoryBy the time 2009 is in the books, the record will show that solar energy stocks endured a tough year. That's hardly a surprise, given that so many Wall Street analysts (yours truly not among them) lambasted the sector for much of the year.
Analysts also expect the carnage to continue into 2010, and are predicting losses for as many as half of the world's solar companies.
The "thought process" of a Wall Street analyst - and I use that title loosely - goes something like...
- Exxon Deal For XTO Energy May Set Off Wave of Energy Mergers and Acquisitions In a deal that may set off a wave of mergers and acquisition (M&A) activity in the energy sector, Exxon Mobil Corp. (NYSE: XOM), the biggest U.S. oil company, agreed to buy XTO Energy Inc. (NYSE:
Copenhagen Climate Summit Could Reshape the Investment Landscape
Leaders and policymakers from nearly 200 nations yesterday (Monday) commenced an 11-day summit in which they will attempt to hammer out some details of a carbon treaty that could have significant impact on businesses and investment.
The Copenhagen summit aims to put finer points on what, up to this point, have been dull notions about how to respond to global climate change. World leaders from both wealthy and developing countries will attempt to set new carbon emissions goals, outline a timetable for achieving those goals, and...
Former Oilman T. Boone Pickens Taps Wind Power, Natural Gas to Replace Foreign Oil
By Jennifer YousfiManaging Editor He made his fortune as an oilman, but yesterday (Tuesday) legendary investor T. Boone Pickens unveiled a plan to cut U.S. dependence on foreign oil through the power of alternatives such as wind and natural gas. "We're paying $700 billion a year for foreign oil. It's breaking us as a nation,...
Former Oilman T. Boone Pickens Makes a $2 Billion Bet on Alternative Wind Energy
By Jennifer Yousfi Managing Editor T. Boone Pickens made his fortune in oil. But now the Dallas oilman and famed former corporate raider is betting $2 billion that he can have the same success with a new source of energy – wind. Pickens' Mesa Power LLP yesterday (Thursday) unveiled the first phase of an eventual...
Ethanol's a Farce and We're Our Own Worst Enemy When It Comes To Energy Alternatives
By Keith Fitz-Gerald Contributing Editor For months we've heard nothing but great things about ethanol. And true to form, the experts here at Money Morning have ignored most of the resultant investor buzz. The truth is that ethanol's a farce and we're our own worst enemy when it comes to refining the technology anyway –...
General Motors Shifts into Growth Mode by Driving a Cleanup Effort in China
By Jason Simpkins Associate Editor Most experts view the pollution problem in China as one of the world's biggest problems. But General Motors Corp. (GM) Chief Executive Officer Rick Wagoner views it as one of the world's biggest business opportunities. With incomes soaring and a new wave of middle-class consumers emerging across China, car and...
Two "CanRoy" Investments for the Oil and Gas Boom
By Keith Fitz-Gerald Contributing Editor Many investors are convinced that it takes sophisticated investment strategies to rack up big returns. That's just flat out wrong. In fact, the simplest strategies are often the best, and can produce major returns – especially if you align yourself with powerful global trends, such as energy. Among the best...
The One Russian Emerging Market With the Most Profit Promise
By Martin Hutchinson Director of Global Investing Research Readers may well have missed the news that Ukraine is currently putting together a new coalition government led by reformist Julia Tymoshenko. “So what?” you may ask. “I can’t know everything. And besides, how do you ever expect me to make a buck out of Ukrainian politics,...
Recording Demonstrates Confusion About LDK Solar Inventory Quality, WSJ Reports
From Staff Reports Officials at solar-cell-maker LDK Solar Co. Ltd. (LDK) were apparently confused about the quality of the silicon in the firm's inventory- just as an ex-finance official has alleged- according to an audio recording of an internal conference call obtained by The Wall Street Journal, the newspaper reported yesterday. LDK, based in southern...