Things are still looking up at JA Solar Holdings Co., Ltd., (NASDAQ:JASO). The maker of high-performance solar cells raised its guidance for its third quarter which ended September 30, 2010. The company called the raised guidance being due to strong customer orders and better than expected production and shipments.
JA Solar now sees shipments having exceeded 410 Megawatts versus guidance of 375 Megawatts that was given on August 10. The growth is now expected to be 31.8% sequentially and 131.6% from a year ago.
Unfortunately, JA Solar did not give revenue and earnings per share targets. We also have no cost per watt estimate in this morning’s raised guidance.
The pre-market reaction has shares trading up nearly 5% at $8.85 and the 52-week trading range is $3.57 to $10.24.
See our list of the top 25 alternative energy companies for the next few years.
JON C.OGG
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.
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