LDK Lowers Top End of Revenue Range: Hot Trends

NEW YORK ( TheStreet) -- Popular searches on the Internet include LDK Solar ( WMT) after the company lowered the top end of its revenue range for the fourth quarter to about $440 million to $450 million.

It previously expected revenue of $440 million to $520 million. The company reported revenue of $921 million in the same period a year ago. LDK, the second-biggest maker of solar wafers, saw slumping component prices in the quarter after European nations cut subsidies for renewable-energy projects, leaving a glut of components.


Starbucks ( SBUX) is trending as the coffee chain will make its first move outside of the business it is best known for today and open its new Evolution Fresh juice bar chain.

Starbucks is opening its first Evolution Fresh juice bar in Bellevue, Wash., on Monday. It will sell fresh and bottled fruit and vegetable juices, smoothies and food that includes vegan and vegetarian options.

Starbucks purchased Evolution Fresh in November for $30 million in cash. Since purchasing the company, Starbucks has expanded its distribution of its bottled juices to include retailers like Whole Foods, grocery stores and its own locations.


TNT is another popular search as United Parcel Service ( UPS) agreed to buy the shipping rival in a $6.8 billion deal.

UPS said the merger will expand its global reach in Europe, Asia and Latin America. It expects to grow its revenue from outside the U.S. to 36% from 26% after the takeover. UPS will pay about $12.50 in cash per share for TNT, a 50% increase from original negotiations in February.

The companies expect the new, combined company will have $60 billion in annual revenue.


The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move.

-- Written by Brittany Umar.
Brittany joined TheStreet.com TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.

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