2 posts and columns on credit crisis

SunPower Soars on Strong Q4; Betting on Looser Credit

in News on January 30, 2009 at 3:00 pm PT

Wow, the bears on SunPower aren’t having a very good day. The solar module provider late yesterday posted better-than-expected results for the fourth quarter and an outlook for 2009 that suggests strong growth, assuming the credit markets loosen. With the Street bracing for the worst, heading into the quarter, the shares have rebounded impressively.