SunPower Increases Quarterly Revenue, First Solar Sees Big Losses

Alibaba Group Holding Ltd (NYSE:BABA) and Tesla Motors Inc (NASDAQ:TSLA) reported earnings for the latest fiscal quarter during the first week of November, handily beating analysts’ estimates. Alibaba and Tesla are offering investors the opportunity to invest in high-growth businesses.

Dollar General Corp. (DG) announced mixed financial results for the second quarter of its fiscal year 2014 (2QFY14, ended August 1) before the bell today. The company posted quarterly revenue of $4.72 billion, up 7.5% year-over-year (YoY), marginally missing analysts’ estimate of $4.76 billion. Earnings per share (EPS) stood at 83 cents, up from 77 cents in the same quarter last year and in line with analysts’ estimates.

SunPower Corporation (SPWR) reported its earnings for the first quarter of fiscal year 2014 (1QFY14, ended March 30, 2014) after the closing bell yesterday. The stock price of the San Jose, California-based company increased 4.3% in after-hours trading to $33.39 after the company also issued good guidance for the current quarter.

Deckers Outdoor Corporation's (DECK) share price rose almost 6.5% in extended trading as the company posted lower losses than what analysts had estimated, and beat revenue estimates for the three-month transition period that ended on March 31. Revenues for the thirteen-week quarter surged by double-digits due to strength in Decker Outdoor’s e-commerce sales and the UGG Australia brand.

Travelers Companies Inc (TRV) announced earnings for the first quarter of its fiscal year 2014 (1QFY14; ended March 31, 2014) before the opening bell today. The stock price of the Saint Paul, Minnesota-based company is currently up 0.4% in early trading as of 10:40 am EDT.

TORONTO — Sherritt International Corp. (TSX:S) missed analyst estimates in the fourth quarter, reporting a $673.8 million net loss as it recorded a loss on the sale of its coal business and weaker operating results. Sherritt reported a $38.1 million adjusted net loss in the fourth quarter, equal to 13 cents per share, as a result of a $466.8 million impairment charge related to the coal business and other items. Analysts had expected Sherritt’s adjusted earnings would break even.

By ONeil Trader:SunPower's (SPWR) stock price has corrected from its mid-November highs pressured by the overall decline of other stocks in the group. The company managed to beat third quarter top and bottom line estimates, and has increased full-year earnings guidance.