News: Echelon Corp (ELON.O)

ELON.O on Consolidated Issue listed on NASDAQ Global Market

11.45USD
4:00pm EST
Price Change (% chg)

$0.15 (+1.33%)
Prev Close
$11.30
Open
$11.30
Day's High
$11.57
Day's Low
$11.16
Volume
151,411
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218,892
52-wk High
$15.38
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$5.13

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Thu, Sep 10 2009

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Echelon sees revenue trending up in 2010

SAN FRANCISCO (Reuters) - Echelon Corp will start to see its revenue rise again in 2010, but 2009 will be a down year for the maker of smart meters, Chief Executive Ken Oshman said on Wednesday.

Echelon sees revenue trending up in 2010

SAN FRANCISCO (Reuters) - Echelon Corp will start to see its revenue rise again in 2010, but 2009 will be a down year for the maker of smart meters, Chief Executive Ken Oshman said on Wednesday.

Echelon CEO says slow economy hindering growth

SAN FRANCISCO (Reuters) - A slow global economy is hurting Echelon Corp's growth prospects but the maker of smart meters expects activity in the energy efficiency sector to accelerate over the next six months, Chief Executive Ken Oshman said on Monday.

HEADLINE STOCKS-Some U.S. stocks on the move on Aug. 10

(Updates to afternoon trading, adds SL Green, RIM, Lloyds, Freddie Mac, Priceline, Barnes & Noble, DryShips, Stillwater, EW Scripps and WNS)

Echelon shares jump 40 percent on deal with Duke

SAN FRANCISCO (Reuters) - Echelon Corp shares soared 40 percent Monday on news that the company has entered into a long-term agreement to supply "smart meters" to electric utility Duke Energy Corp.

UPDATE 2-Echelon shares jump 40 pct on deal with Duke

* Says deal could represent rev opportunity of $150 mln (Recasts, adds share prices and byline)

HEADLINE STOCKS-Some U.S. stocks on the move on Aug 10

(Updates to after the open, adds Eli Lilly, Boeing, Allied Capital, Wal-Mart, Colonial/BB&T, Marshall & Ilsley, Houston Wire, Maguire, AVI BioPharma, Echelon/Duke)

EnerNOC, Echelon losses smaller than expected

LOS ANGELES (Reuters) - Smart grid companies EnerNOC Inc and Echelon Corp each reported narrower- than-expected losses on Wednesday as cost controls helped offset lower revenue and expand profit margins.

WRAPUP 2-EnerNOC, Echelon losses smaller than expected

* EnerNOC Q1 share loss $0.63 vs $0.72 share loss estimate

Echelon, T-Mobile USA form smart meter alliance

NEW YORK (Reuters) - Smart power grid company Echelon Corp and T-Mobile USA said on Thursday they had formed an alliance to use T-Mobile's wireless network to link "smart meters" to utilities.

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