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Quick Look Market Closing Price:
At the close: Dow +0.36% to 13093. S&P +0.41% to 1398. Nasdaq +0.12% to 3067.
Treasurys: 30-year +0.66%. 10-yr +0.31%. 5-yr +0.15%.
Commodities: Crude +1.45% to $106.88. Gold +1.24% to $1662.85.
Currencies: Euro +0.52% vs. dollar. Yen -0.11%. Pound -0.33%.
After Hours News:
Weatherford appoints John Briscoe as senior VP and CFO. Briscoe joined Weatherford in August of 2011 as VP and Chief Accounting Officer. Andrew P. Becnel, the company's current CFO, will be leaving the company effective March 31. Shares +3.4% AH.
After stabilizing for a while, polysilicon prices have fallen in recent days from $26/kg to $22-$25/kg, right around the variable cost breakeven point for Western producers such as MEMC (WFR). The German government's announcement that its solar subsidy cuts may be implemented by month's end is said to be responsible. LDK Solar (LDK) and Yingli (YGE) are two important Chinese polysilicon vendors
China Ming Yang Wind Power (MY) sees Q4 revenue down 53% Y/Y due to project delays due to weather and slower growth. Revenue for FY11 is expected to maintain at a similar level as 2010. Shares -12% AH
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