Michael Lofing submits: SunPower (SPWRA) trades at 10 times last 12 months earnings and at eight times 2011 projected earnings. The company’s utility and power plant business represented 70.9% of fourth quarter of 2010 revenues compared to 46.8% for the third quarter and 31.2% in the second quarter. The company’s record revenue for the fourth [...]

U.S. governors from Washington to New York to Texas are asking Secretary of Agriculture Tom Vilsack to change the way USDA reports the use of corn for ethanol production. In a letter sent to Vilsack this week, the Governors’ Biofuels Coalition urged the change to reflect the fact that corn for ethanol usage produces livestock [...]

Kapitall submits: The following is a list of stocks with Relative Strength Indicators above 70, i.e. RSI(14) > 70, which may signal overbought conditions. All of these companies are set to report earnings on July 29. Will upcoming earnings results provide a shorting opportunity? Here is an interactive chart of analyst ratings on all the [...]