Westinghouse Solar, Inc. (Nasdaq:WEST) reached up 56.67% in morning trading to $.235 with 200K shares traded. Westinghouse Solar is a designer and manufacturer of solar power systems. In 2007, Westinghouse Solar pioneered the concept of integrating the racking, wiring and grounding directly into the solar panel. This revolutionary solar panel, originally branded "Andalay", quickly won industry acclaim. Westinghouse Solar, Inc. (Nasdaq:WEST - News) yesterday announced its first quarter 2012 financial results. These results follow on news announced May 9, 2012 regarding the company entering into a definitive merger agreement with CBD Energy Limited ("CBD"), a diversified renewable energy company based in Sydney, Australia. "Total revenue was $2.4 million in the first quarter, a year-over-year increase of 22% compared to the first quarter of 2011," said Margaret Randazzo, Interim CEO of Westinghouse Solar.
Orexigen® Therapeutics, Inc. (NasdaqGM: OREX) reached up 11.94% in morning trading to $3.75 with 2M shares traded. Orexigen Therapeutics, Inc. is a biopharmaceutical company focused on the treatment of obesity. The Company's lead product candidate is Contrave®, which has completed Phase III clinical trials and for which a New Drug Application has been submitted and reviewed by the FDA. Orexigen® Therapeutics, Inc. (OREX) announced Wednesday financial results for the first quarter of 2012. For the three months ended March 31, 2012, Orexigen reported a net loss of $10.4 million, or $0.16 per share, as compared to a net loss of $11.6 million, or $0.24 per share, for the first quarter of 2011. As of March 31, 2012, Orexigen had $73.5 million in cash and cash equivalents and an additional $65.1 million in marketable securities, for a total of $138.6 million.
Goldfield Corporation (NYSE Amex: GV) reached up 32.64% in morning trading to $1.45 with 1M shares traded. Goldfield is a leading provider of electrical construction and maintenance services in the energy infrastructure industry throughout much of the United States. The company specializes in installing and maintaining electrical transmission lines for a wide range of electric utilities. Goldfield is also involved, to a much lesser extent, in real estate development activities on Florida's east coast. The Goldfield Corporation (GV) today announced continued improved results for the three months ended March 31, 2012.
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