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Here's A Way To Play Stronger Poly-Si Prices In The Solar Sector
Thursday, April 21, 2016 - 11:00am | 336Read More...There may be a way for traders to profit from rising polycrystalline silicon (Poly-Si) prices. After speaking with an industry insider in China, Axiom analyst Gordon Johnson learned that the Chinese government began a customs investigation into Poly-Si imports earlier this month. Johnson...
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Caterpillar Will Take 'Axe' To 2016 Guidance, Axiom's Gordon Johnson Warns
Tuesday, April 19, 2016 - 9:16am | 276Read More...Caterpillar Inc. (NYSE: CAT) had announced its 1Q16 revenue and EPS guidance below the Street expectations. Axiom's Gordon Johnson maintained a Sell rating for Caterpillar, saying that the company’s full-year guidance is at risk of being lowered. Cut To Guidance Imminent The banking...
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Axiom's Anthony Sees Pullbacks In Facebook Shares As Buying Opportunities
Tuesday, April 19, 2016 - 7:14am | 290Read More...On Monday afternoon, notable Internet Media analyst, Victor Anthony of Axiom Capital, issued an interesting preview of Facebook Inc (NASDAQ: FB)'s first-quarter earnings, expected out on April 27 after the market close. The analyst is expecting "solid results" out of Facebook,...
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In Case You Didn't Know, Axiom's Gordon Johnson Is Selling Iron Ore And Steel Stocks
Monday, April 11, 2016 - 11:58am | 363Read More...It may still be too early to consider buying battered steel and iron ore stocks. According to Axiom analyst Gordon Johnson, the global steel market is about to take another downward turn. Australia’s Port Hedland just set a new record for March iron ore exports at 39.5 Mmt and exports...
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Report: SunEdison Has Retained Law Firm As Bankruptcy Counsel
Wednesday, April 6, 2016 - 11:34am | 562Read More...Sunedison Inc (NYSE: SUNE) may have retained a bankruptcy counsel, according to a report on SparkSpread, a news outlet focused on energy financing and trading in real time. The headline from SparkSpread read, "Exclusive: SunEdison said to retain bankruptcy counsel. SunEdison is understood...
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SunEdison Nears Penny Territory After Bankruptcy Report, Pass Under Gordon Johnson's $0.22 Price Target
Friday, April 1, 2016 - 7:00pm | 457Read More...Sunedison Inc (NYSE: SUNE) shares were off almost 50 percent in Friday's after-hours session, amid a fresh report from Dow Jones that the solar company plans to file for bankruptcy protection in the next few weeks, according to the outlet's sources. The stock, which opened the year...
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Solar Installation Data May Put Full-Year Guidance At Risk, Gordon Johnson Warns
Thursday, March 31, 2016 - 10:26am | 345Read More...The latest solar installation numbers indicate that 2016 could be a rough year for U.S. solar companies. Axiom analyst Gordon Johnson reported early PV pricing trends and installation rates are way off industry projections for the full year. The Energy Information Administration (EIA) just...
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Does Pandora's CEO Swap Matter?
Monday, March 28, 2016 - 5:57pm | 355Read More...Shares of Pandora Media Inc (NYSE: P) fell more than 12 percent, a sign that investors don't seem to be delighted on the return of founder Tim Westergren as CEO in place of Brian McAndrews, who is leaving the company. "We see the founder's return as a tacit admission that Pandora...
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Wall Street Unsure What New Shutterfly CEO Means For M&A Chatter
Friday, March 18, 2016 - 10:00am | 310Read More...Axiom’s Victor Anthony maintained a Buy rating for Shutterfly, Inc. (NASDAQ: SFLY), with a price target of $51, after the company announced the appointment of a new CEO. Shutterfly announced the appointment of Christopher North as its new CEO effective May 31, 2016. North comes with ten...
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Shutterfly Hired An Amazon Exec As Its New CEO; Good Move?
Friday, March 18, 2016 - 8:46am | 450Read More...Digital imaging company Shutterfly, Inc. (NASDAQ: SFLY) has named Amazon.com, Inc. (NASDAQ: AMZN) veteran Christopher North as president and chief executive officer, effective May 31, 2016. According to Shutterfly, North hails from Amazon UK, where he has worked since 2006, serving as the UK...
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Analysts Aren't Pleased With SunEdison
Thursday, March 3, 2016 - 12:19pm | 414Read More...The shareholders that are dumping Sunedison Inc (NYSE: SUNE) after the company announced it is suspending dividend payments on its preferred shares aren’t the only ones fed up with the company. In a series of new notes, several Wall Street analysts have also lost patience with Sunedison....
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Gordon Johnson Lays Out Case Against SunEdison, SolarCity
Wednesday, March 2, 2016 - 2:14pm | 607Read More...Axiom analyst Gordon Johnson explained his cloudy outlook for Sunedison Inc (NYSE: SUNE) and SolarCity Corp (NASDAQ: SCTY) on Benzinga's PreMarket Prep talk show Wednesday morning. SunEdison Johnson downgraded SunEdison Tuesday, citing an inability to close deals due to lack of liquidity. Johnson...
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Joy Global 'Fails' Stress Test, Not The First Industrial Stock To Face Wall Street Trouble
Wednesday, March 2, 2016 - 10:24am | 419Read More...Axiom’s Gordon L. Johnson II downgraded the rating for Joy Global Inc. (NYSE: JOY) from Hold to Sell, while reducing the price target from $11 to $10. He believes there is downside to the company’s original guidance for 2016. Analyst Gordon Johnson estimated that Joy Global’s...
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SunEdison Now A Penny Stock, According To This Sum-Of-The-Parts Valuation
Tuesday, March 1, 2016 - 10:57am | 223Read More...Axiom's Gordon L. Johnson II downgraded the rating for Sunedison Inc (NYSE: SUN) to Sell, while reducing the price target to $0.39, following the cancellation of the company's power purchase agreements on 3 proposed Hawaiian solar energy projects. Hawaii Electric Co has cancelled its three PPAs...
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SunEdison Down Nearly 30% After Audit Investigation, Delayed Filing And Street Downgrade
Tuesday, March 1, 2016 - 10:55am | 239Read More...Shares of Sunedison Inc (NYSE: SUNE) were trading lower by nearly 30 percent shortly after Tuesday's market open. Investors and traders were reacting to SunEdison's announcement that it expects to file its 10-K regulatory filing within 15 calendar days after the due date. The company also disclosed...
