Month: February 2010

First Solar’s Former CEO Dumps Shares While the Current CEO BUYS

Now we know the source of some of this week’s selling pressure in First Solar’s stock. Michael Ahearn, former CEO and current Executive Chairman, dumped $142.1M in company stock between the 22nd and 24th. He sold another $20.7M on the 25th and 26th. However, the good news is that on Friday two First Solar (FSLR) … Read more

links for 2010-02-26

Greek PM says worst fears confirmed on economy | Reuters Greek Prime Minister George Papandreou told parliament on Friday, after a visit by EU economic inspectors, that the worst fears about Greece's economy had been confirmed. (tags: Greece govt_spending debt economy) EU Debt Crisis: Banks Bet Greece Defaults on Debt They Helped Hide – CNBC … Read more

Toyota’s Stock Tries to Bottom Again

The drama with Toyota (TM) has intensified this week with sharp and skeptical Congressional scrutiny. I have been impressed at how (relatively) well Toyota’s stock has held up through the negative news flow. As Toyota’s president Akio Toyoda pleaded for mercy on Wednesday – “My name is on every car…You have my personal commitment that … Read more

NAR Forecasts No Recovery for Commercial Real Estate This Year

The National Association of Realtors® (NAR) released its latest projections for commercial real estate (CRE). The outlook remains grim as the NAR forecasts no recovery in CRE this year. Rents are expected to decline across all segments (although slightly lower than last year’s rent declines) as vacancy rates remain extremely high. CRE is not expected … Read more