The bankruptcy filing of A123 Systems (NASDAQ:AONE) represents yet another failure in the alternative energy industry, which could impact Tesla Motors (NASDAQ:TSLA), through its business mode. However, the focus on Tesla’s repayment schedule to the government will likely remain quite keen. Shares moved up on the day.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
Sinopec (NYSE:SNP) failed to acquire the gas distributor China Gas (CGHOF.PK) included an arrangement permitted it to walk away from the much smaller private company but not lose face in doing so. Further, Aaron Back at Heard on the Street believes that the saga might be a positive step in the development of capital markets in China.
Don’t Miss: Here’s a Look at GE’s New Alternative Fuel Source.
