MEMC Experiences Volume Pressures In Solar, Sustainability Questioned

MEMC Electronic Materials (WFR) manufactures silicon wafer solutions for the semiconductor and solar industries. WFR fell 19% on Friday in response to earnings despite the company’s reassurances that it is on track to meet full-year guidance targets (click here for the transcript from Seeking Alpha): “In the first quarter, revenue was ahead of our internal … Read more

links for 2010-05-01

Papandreou Says Greek ‘Survival’ at Stake in Talks (Update1) – Bloomberg.com Greek Prime Minister George Papandreou said the country’s survival was at stake in talks to win a potential $159 billion European Union-led bailout in exchange for budget cuts denounced by unions as “savage. (tags: Greece debt default)