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Stock Market & Financial Investment News

News Breaks
August 19, 2014
09:20 EDTYGE, JASO, TSL, CSIQ, SOL, JKSReported settlement offer positive for Chinese solar stocks, says Roth Capital
After Bloomberg reported Friday that China had proposed a deal that would settle the solar product trade dispute between the U.S. and it, Roth Capital now sees an approximately 30%-40% chance of the two countries reaching a deal, up from its prior expectations of 5%-10% previously. The firm does not think that Beijing would have made such a proposal if it did not have "a decent probability of success." Roth believes that sentiment towards Chinese solar stocks has improved as a result of this story. It keeps Buy ratings on Canadian Solar (CSIQ), JA Solar (JASO),Jinko Solar (JKS), and Trina Solar (TSL). It has Neutral ratings on Yingli Green Energy (YGE) and ReneSola (SOL).
News For CSIQ;JASO;JKS;TSL;YGE;SOL From The Last 14 Days
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October 12, 2015
07:03 EDTCSIQCanadian Solar signs agreement with Mashiki Town and Kumamoto Prefecture
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October 8, 2015
08:27 EDTYGEYingli Green unit to miss due date for notes payment, Bloomberg reports
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October 7, 2015
13:01 EDTCSIQSunEdison has positive readthrough for yieldco exposed solars, says Roth Capital
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October 6, 2015
08:02 EDTSOLReneSola sells 16.5 MW utility scale project in the UK
ReneSola announced that it has sold its 16.5 MW Membury utility scale project in the United Kingdom to Foresight Solar Fund Limited. This represents ReneSola's third project sale to Foresight Group, a leading, independent infrastructure and private equity investment manager, following the sale of its 34.6 MW Port Farm project to FSFL in August 2015 and its 6.4 MW Field House project in July 2015 to other funds managed by Foresight.
September 30, 2015
06:56 EDTYGEYingli Green Energy to host conference call
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06:51 EDTJKSJinkoSolar reaches settlement in securities class action
JinkoSolar announced that it had agreed, subject to court approval, to settle the previously disclosed class action lawsuit brought in 2011 on behalf of all purchasers of JinkoSolar's American Depositary Shares between May 13, 2010 and September 20, 2011. The settlement, if approved, will also resolve all related claims against JinkoSolar's officers and directors as well as the underwriters involved in JinkoSolar's public offerings during the relevant period. Under the terms of the proposed settlement, the members of the proposed class will receive a settlement fund of $5.05 million, less any court-approved fees. JinkoSolar will contribute a portion of the settlement fund, and JinkoSolar's insurers will fund the remaining portion. JinkoSolar will not take any charge in connection with the settlement. The plaintiffs had alleged, among other things, that certain of JinkoSolar's filings with the SEC contained misrepresentations about the extent of its compliance with environmental regulations in China. JinkoSolar has denied, and continues to deny, the allegations and is entering into this settlement solely to eliminate the uncertainty, burden and expense of further protracted litigation. The proposed settlement will be reviewed by Judge J. Paul Oetken of the federal court in New York, where the lawsuit is pending.

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