Weighing stocks? Consider the saints and sinners
As you watched the value of your portfolio plummet and cast around desperately for something - anything - that will provide a decent return, you might be forgiven for setting aside notions of purely ethical equity investing. After all, someone's going to profit from other people's frailties - why shouldn't it be you?
If, on the other hand, you're still determined to tread lightly on planet Earth while building your nest egg, there are plenty of opportunities, even in the relatively small Canadian market.
Carmanah sells road sign unit
Carmanah Technologies has sold its illuminated road sign business to Alabama-based Temple Inc., saying it wants to continue to focus on solar-powered LED lighting.
The sale comes hard on the heels of Carmanah's massive restructuring last summer, which involved cutting its workforce by 40 per cent, closing its Saanich manufacturing plant and realigning its sales and distribution networks.
According to CEO Ted Lattimore, that restructuring plan was designed to allow the company to focus on solar-powered systems, and the recent sale simply takes it a step further.
In an interview, Lattimore said the company is determined to make innovation and performance in solar-powered LED lighting its "core and reason for being."
"When you do that, you look at the non-solar parts of our business and ask does that make sense long-term?" he said, noting the road-sign division was a profitable enterprise.
Carmanah to Host Internal Event for Worldwide Partners and Distributors
Carmanah partners and distributors are coming to Vancouver this month for the company's internal Worldwide Partner and Distributor Conference.
Under the banner "Together We Put Solar to Work" Carmanah will welcome 150 attendees from around the world for a three-day program of workshops, networking, company updates and hands-on technical training.
Green office towers would slash emissions: Panel
OTTAWA - The greening of hundreds of thousands of office towers and other commercial buildings in Canada would significantly reduce energy use and curb growth in carbon emissions, says an advisory report for the federal government released Tuesday.
The report provides a "policy pathway" of proposed government regulations, financial incentives for use of clean technology, building energy codes, voluntary environmental construction practices, and education programs aimed at increasing energy efficiency in 440,000 commercial buildings and in thousands to be built in the future.
A sunny break
A leaner Carmanah will weather alternative-energy doldrums, CEO Ted Lattimore says
Trading Day – January 2, 2009 – Investing in Solar Power
BNN interviews Adam Krop, solar analyst, Ardour Capital Investments.
Watch the video (Carmanah is discussed starting at the 5:50 minute point of the 6:48 minute clip.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Let There Be Light (Emitting Diodes)
As winter draws in, airports begin to assess the dangers of low runway visibility
EarthToys Interview – Solar-Powered LED Lighting
Sean Bourquin, Carmanah Technologies
Carmanah’s Bright New Marine Lanterns Destined for Singapore Waterways
Carmanah's top-of-the-line M708 marine lantern will soon be lighting waterways around Singapore. Kemsa (Far East) PTE Ltd. â€” the company's authorized distributor in Singapore â€” has issued an initial order for approximately 30 of the high-output solar-powered lanterns for marine applications throughout the region.
Carmanah’s huge restructuring creates $800,000 Q3 profit
Carmanah Technologies' massive restructuring efforts in June smoothed over what would have been a rough third quarter, company officials said yesterday.
The solar power and lighting company said cutting its workforce by 40 per cent, closing its Saanich manufacturing plant and realigning its sales and distribution networks allowed Carmanah to navigate challenging global market conditions and deliver a profitable quarter for the period ending Sept.