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Feb. 10 (Bloomberg) -- European and Asian shares rose after Germany signaled it may help support Greece’s finances, easing concern a sovereign default could hamper the economic recovery. U.S. stock-index futures also advanced.
Feb. 10 (Bloomberg) -- Renewable Energy Corp. ASA dropped as much as 22 percent in Oslo trading after the company said it expects lower earnings in the first quarter than a year earlier after posting an unexpected loss at the end of last year.
Jobless Recession: Small business has been a key part of plans to stimulate the economy from the very start of the Obama presidency. So why is this crucial job-creating sector of our economy doing so poorly?
Feb. 10 (Bloomberg) -- Vestas Wind Systems A/S , the world’s biggest maker of wind turbines, rose to a three-week high in Copenhagen trading after profit beat estimates.
GDF Suez Builds French Largest Photovoltaic Solar Power Plant
Wind turbine manufacturer Vestas Wind Systems on Wednesday reports a broadly flat fourth-quarter profit, but said order delays meant revenue fell short of expectations, and it cut its outlook for 2010.
European shares were higher on Wednesday amid hopes that a solution will be soon be found for Greece’s financial woes, though the focus wasn’t totally macro as steel giant ArcelorMittal and carmaker Peugeot declined on disappointing earnings news.
Feb. 10 (Bloomberg) -- European and Asian stocks rose after Germany signaled it may help support Greece’s finances. U.S. futures were little changed. Fortis surged 7.5 percent as Royal Bank of Scotland Group Plc recommended buying the shares.
Con Edison, a unit of Consolidated Edison Inc., on Tuesday filed a proposal with the state of New York calling for more funds for solar energy projects in New York City.
Feb. 10 (Bloomberg) -- Vestas Wind Systems A/S , the world’s biggest maker of wind turbines, lowered its full-year forecast after wind park developers delayed or canceled orders because of a lack of financing.
Renewable Energy Quarterly Net Loss Narrows
Feb. 10 (Bloomberg) -- AP7, a Swedish state pension fund that manages about 100 billion kronor ($14 billion), plans to triple its investment in renewable energy as more people switch to cleaner technologies.
The spiraling crisis at Toyota Motor Corp deepened on Tuesday as the automaker said it would recall thousands of Camry sedans as well as nearly half a million new Prius and other hybrid cars to fix steering and braking problems.
Feb. 10 (Bloomberg) -- Renewable Energy Corp. ASA , the Norwegian maker of solar-energy components, expects lower earnings in the first quarter than a year earlier after posting an unexpected loss at the end of last year.
Feb. 10 (Bloomberg) -- EDF Energies Nouvelles SA , the renewable-energy arm of Electricite de France SA , said 2009 profit rose 39 percent on expansion of wind and solar energy projects.
BALTIMORE, Feb. 10 (UPI) -- Maryland could meet two-thirds of its electricity needs through offshore wind turbines, a new study says.
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