Market Currents

• Thursday, November 19, 2009

• 12:15 PM Chinese solar companies, including Trina Solar (TSL +2.9%), Suntech Power Holdings (STP +4.2%) and Canadian Solar (CSIQ +4.2%) are ramping up production, by as much as 40%, as their earnings are beating expectations. "During the downturn these guys did a really good job taking their foot off the pedal," says a Lazard analyst. Comment!
• 09:00 AM Premarket gainers: SRZ +14%. WSM +4%. TSL +4%. NTAP +4%.
  Losers: CMED -19%. MVIS -16%. HOTT -12%. DKS -11%. NMM -8%. NTES -7%. AFF -6%. AIB -4%. DPM -5%. ASML -4%. EGLE -4%. ASMI -4%. EXM -4%. CTIC -4%. Comment!
• 05:29 AM Trina Solar (TSL): Q3 EPS of $1.29 beats by $0.53. Revenue of $250M (-14.1%) vs. $216M. (PR) Comment!
• 00:05 AM Notable premarket earnings: BKE, DKS, GME, HP, PDCO, PLCE, ROST, SHLD, STP, TSL, WSM Comment!

• Monday, August 17, 2009

• 16:37 PM Trina Solar (TSL): Q2 EPS of $0.71 beats by $0.39. Revenue of $150M (-27%) vs. $149M. Shares +1.1% AH. (PR) Comment!
• 00:10 AM Notable earnings after Monday's close: A, CHINA, TSL 2 Comments

• Thursday, May 28, 2009

• 09:02 AM Premarket gainers: EXEL +26%. PPHM +23%. ANPI +23%. PARD +14%. SANM +6%. BIG +6%. DRYS +5%. XOMA +5%. TSL +5%. FRO +5%. RYAAY +5%. CIT +4%. ABK +4%. FIG +4%. SOLF +4%.
  Losers: BCSI -9%. TEX -9%. LEAP -6%. GM -6%. TWO -5%. SBLK -4%. Comment!
• 00:05 AM Notable earnings before Thursday's open: BIG, COST, FRO, HNZ, TSL, VIP Comment!

• Thursday, March 26, 2009

• 10:18 AM Strength in solar this morning, particularly stocks with exposure to China, after a report the gov't intends to take a firm attitude to support the local development of solar energy. STP +27%. LDK +26%. YGE +19%. TSL +20%. CSUN +17%. JASO +15%. Comment!

• Tuesday, March 3, 2009

• 07:16 AM Trina Solar (TSL): Q4 EPS of -$0.03 beats by $0.01. Revenue of $216M (+113.3%) vs. $201M. Financial climate makes guidance difficult. (PR) Comment!

• Tuesday, February 17, 2009

• 08:19 AM Trina Solar (TSL): Says revenue will exceed forecast of $190-210M (vs. consensus of $194M), and says lower costs are helping it boost cash flow and significantly reduce short-term debt. Shares +3.6% premarket. (PR) Comment!

• Wednesday, November 19, 2008

• 06:08 AM Trina Solar (TSL): Q3 EPS of $1.34 beats by $0.13. Revenue of $291M (+252.1%) vs. $277M. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: BJ, LDK, MENT, ROST, TSL Comment!

• Tuesday, November 4, 2008

• 08:33 AM Premarket gainers: ADM +15.5%. AEG +15%. CIT +15%. ESLR +13%. MA +12%. TSL +11%. FRO +11%. S +10.5%. SOLF +10%. JASO +10%. SOL +9.5%. MT +9%. ABK +9%. LVS +9%. ING +9%. MTL +8%. HIG +7.5%. Comment!

• Thursday, October 30, 2008

• 09:19 AM Premarket gainers: DB +22%. LVS +19%. SOLF +19%. FDRY +18%. BRCD +18%. EWY +17%. MYL +15%. CSIQ +14%. MTU +14%. MGM +14%. STP +14%. CEO +13%. CS +13%. FSLR +13%. MTL +12.5%. UBS +12%. HMC +12%. SOL +12%. YGE +12%. JASO +12%. HBC +12%. DAI +11%. ING +11%. CIT +11% ACH +11%. TSL +11%. AEG +10%. MTG +10%. SPLS +10%. Comment!
• 08:26 AM Early premarket gainers: OI +25%. BRCD +20% FDRY +195. DB +18%. CEO +155. FSLR +15%. CS +14%. MYL +13%. NTL +13%. STD +12%. ING +12%. SOLF +12%. VIP +11%. MTG +14%. CSIQ +12%. TSL +11%. PTR +11%. ACH +11%. STP +10%. MT +10%. HBC +10%. CHL +9%. LDK +9%. DAL +9%. RTP +9%. YGE +9%. BCS +9%. ENR +9%. DRYS +8%. Comment!