MEMC Electronic Materials’ Profits Rise 21%; Shares Soar 5.5%, Article Posted on BeaconEquity.com
St. Peters, Mo.-based MEMC Electronic Materials Inc. (NYSE: WFR), maker of silicon wafers, reported Thursday a 21% increase in third-quarter profit on increased sales. The company manufactures silicon wafers to the solar panel industry.
(EMAILWIRE.COM, October 28, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of “MEMC Electronic Materials’ Profits Rise 21%; Shares Soar 5.5%.”
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m - Click on News and Commentary
In the article the author writes:
"MEMC recently posted earnings of $182.8 million, or 80 cents per diluted share, on revenue of $546 million. Excluding $13 million in extraordinary expenses, profit was $195.8 million. … Shares of MEMC Electronics surged 98 cents, or 5.5%, to close at $18.76 at the close of Friday’s trading on a day the solar sector fell with the overall major averages.”
According to industry experts, MEMC Electronics’ solar sector sales remain strong:
“MEMC Electronics remains well-positioned to survive the financial crisis, according to Piper Jaffray analyst Jesse W. Pichel. Sales to the solar sector are strong, offsetting the substantial slump in its semiconductor business, said Pichel.”
To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary
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BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting:
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BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m - Click on News and Commentary
In the article the author writes:
"MEMC recently posted earnings of $182.8 million, or 80 cents per diluted share, on revenue of $546 million. Excluding $13 million in extraordinary expenses, profit was $195.8 million. … Shares of MEMC Electronics surged 98 cents, or 5.5%, to close at $18.76 at the close of Friday’s trading on a day the solar sector fell with the overall major averages.”
According to industry experts, MEMC Electronics’ solar sector sales remain strong:
“MEMC Electronics remains well-positioned to survive the financial crisis, according to Piper Jaffray analyst Jesse W. Pichel. Sales to the solar sector are strong, offsetting the substantial slump in its semiconductor business, said Pichel.”
To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary
Join the fastest growing investor community at: http://www.stockhideout.com/
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting:
http://www.beaconequity.com/m
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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