In Massachusetts, Metabolix reported a net loss of $7.3 million, or $0.21 per share, for the third quarter of 2013, as compared to a net loss of $7.7 million, or $0.23 per share, for the third quarter of 2012. Revenue for the nine months ended September 30, 2013 was $4.5 million, compared to $40.9 million […]
In the Netherlands, Royal DSM announced that it intends to repurchase 2,500,000 ordinary shares, starting on 6 November 2013, in order to cover its commitments under existing management and personnel option plans. Based on the closing price of the DSM share on NYSE Euronext on 5 November 2013 this would be equivalent to approximately €140 […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, dropped 1.82 percent to 65.14 as advanced biofuels and ethanol were slammed. For the day, Solazyme (SZYM) plunged 15.27 percent to $8.77 on news of delays in its Brazil project, while Renewable Energy Group (REGI) soared 10.45 percent to $13.00. Among other equities, Biofuel […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, dropped 0.67 percent to 66.35 as ethanol equities fell. For the day, Ceres (CERE) settled back 12.38 percent to $1.84, while Biofuels Energy (BIOF) plunged 17.90 percent to $2.66 as takeover news appeared. Among other equities, Green Plains Renewable Energy (GPRE) gained 5.72 percent […]
In Nebraska, Green Plains Renewable Energy announced that it will acquire two ethanol plants of BioFuel Energy Corp. for approximately $101 million, plus working capital at closing, from an entity composed of its lender group. Green Plains intends to fund the purchase with approximately $77 million in term debt and the balance in cash. The […]
In New York, Rob Stone and James Medvedeff of Cowen & Company wrote of Amyris’ Q3 results: “Q3:13 26¢ cash loss was narrower than St. (30¢) on other income, but revenue was 48% light, GM negative, and Q4 product sales trimmed. Partner funding adds cash in Q4, but only half of 2014 is contracted….Cost of […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, rebounded 1.15 percent to 66.80 as advanced biofuels soared. For the day, Ceres (CERE) rocketed up 41.89 percent to $2.10, while Aemetis (AMTX) dropped 10.71 percent to $0.25. Among other equities, Gevo (GEVO) rose 2.99 percent to $1.72. Overall, advances led declines 3 to […]
In Israel, Evogene announced its financial results for the third quarter and nine months ended September 30, 2013. Evogene saw a total comprehensive loss of $4.7 million for the first 9 months, compared to a total comprehensive loss of $1.8 million for the same period in 2012. Total comprehensive loss for the third quarter of […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, dropped 0.92 percent to 66.04 as ethanol equities tumbled. For the day, Aemetis (AMTX) fell 5.16 percent to $0.28, while Biofuel Energy (BIOF) dropped 3.47 percent to $3.34. Among other equities, Renewable Energy Group (REGI) rebounded 4.22 percent to $11.37. Overall, declines led advances […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, fell 0.86 percent to 66.65 as advanced biofuels reeled. For the day, Amyris (AMRS) fell 3.82 percent to $2.52, while Renewable Energy Group (REGI) dropped 3.45 percent to $10.91. Among other equities, Solazyme (SZYM) slumped 3.15 percent to $10.46. Overall, declines led advances 2 […]
