UBS Ditches Solar Stocks (ENER, ESLR, SOLR, SPWRA)

Energy

Published: October 28, 2008 6:29 am

Last Updated: April 28, 2020 8:52 am

Solar_panel_pic UBS is issuing a downgrade on many of the solar stocks this morning. While this call may be late, it does echo some of the issues brought up recently which signals that some of the solar orders could get cut ahead from utilities now that energy is suddenly cheaper and is deemed to stay cheaper for the time being.

Energy Conversion Devices (NASDAQ: ENER), Evergreen Solar (NASDAQ:ESLR), GT Solar (NASDAQ: SOLR), and SunPower (NASDAQ: SPWRA) were alldowngraded from "Buy" down to "Neutral."

As noted, this call is a late one. But it sure seems like there aremore troubles brewing in solar-land than many of the alternative energybulls would want to consider.

Jon C. Ogg
October 28, 2008

Travel Cards Are Getting Too Good To Ignore

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.