Paying For Solar Panels

URL: http://www.forbes.com/2007/08/16/financing-solar-energy-tech-07egang-cz_kd_0816solarfinance.html Website: http://www.forbes.com/2007/08/16/financing-solar-energy-tech-07egang-cz_kd_0816solarfinance.html     

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Color Kinetics' Shareholders Approve Philips Merger

Color Kinetics Incorporated (Nasdaq: CLRK) announced that its shareholders at a special meeting held in Boston, Massachusetts today have adopted the merger agreement under which Color Kinetics is to be acquired by Philips Holding USA, Inc., a subsidiary of Koninklijke Philips Electronics, N.V. (NYSE: PHG, AEX: PHI). The merger agreement was announced by Philips and Color Kinetics on June 19, 2007. Completion of the transaction remains subject to the satisfaction or waiver of other conditions and terms of the merger agreement. The merger is expected to close on or about August 24, 2007. Website: http://www.colorkinetics.com     

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Vestas Reports Q2 Earnings

Vestas reported second-quarter operating earnings above market consensus on Tuesday and maintained its full-year profit and sales outlooks. Earnings before interest and tax (EBIT) were EUR 90 million, against an expected profit of EUR 66 million in a Reuters poll and EUR 28 million in the first quarter of 2006. The company posted sales of EUR 1.1 Bn, in line with the estimate in the poll and up from EUR 900 million in the first quarter last year. The company maintained its full-year outlook for sales of about EUR 4.5 Bn and an EBIT margin of 7 to 9 percent. Website: [sorry this link is no longer available]     

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