Recent salvos in the long-running solar-energy trade wars are brightening hopes for some solar companies and dimming prospects for others. Double-digit tariffs that the U.S. Department of Commerce slapped on solar-panel makers in China and Taiwan during July have drawn protests from foreign-based companies such as Canadian Solar (CSIQ), Trina Solar (TSL) and Yingli Green Energy (YGE) . The tariffs, set to become final in December, hurt the
Avago Technologies late Thursday posted its fifth consecutive quarter of rising growth in both revenue and earnings minus items, fueled by an acquisition aimed at “reshaping the company” and sales to smartphone makers. Avago (AVGO) customers include smartphone leaders Apple (AAPL) and Samsung, which both buy Avago’s radio-frequency chips, according to UBS Investment Research. The Singapore-based chipmaker is also getting a boost from the rollout
Workday lived up to its reputation as a high-growth company late Wednesday, reporting a 74% jump in Q2 revenue that topped Wall Street expectations. The maker of cloud HR, financial and recruiting software also gave Q3 sales guidance that beat views as the company continues to successfully challenge much larger rivals Oracle (ORCL), IBM (IBM) and others in its enterprise software markets. Workday (WDAY) stock was up a fraction in after-hours