Stock Market & Financial Investment News

News Breaks October 15, 2012 07:04 EDT CSIQ Canadian Solar announces partnership with PetersenDean Canadian Solar will partner with PetersenDean, a privately-held roofing company, on a new roofing program the company is introducing. News For CSIQ From The Last 14 Days Check below for free stories on CSIQ the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 18, 2013 09:15 EDT CSIQ China to generate more heat using solar energy, China Daily says Subscribe for More Information June 17, 2013 11:55 EDT CSIQ High option volume stocks: SPHG CSIQ TS GAME CRZO Subscribe for More Information 09:38 EDT CSIQ Canadian Solar price target raised to $25 from $6.90 at Nomura Shares are Buy rated. June 15, 2013 15:50 EDT CSIQ China to boost solar industry with easier financing, Bloomberg says Subscribe for More Information June 14, 2013 13:27 EDT CSIQ CIM Holdings reports 7.8% passive stake in Canadian Solar Subscribe for More Information June 13, 2013 06:26 EDT CSIQ IHS: Europe solar installations to fall to 11.6GW in 2013, DigiTimes says Europe solar installations are expected to fall by more than 6GW in 2013, reports DigiTimes, citing IHS. Anti-dumping duties on China-made modules is expected to cause 1.3GW of that decline. Reference Link June 12, 2013 13:09 EDT CSIQ IHS still expects solar installations to grow by at least 10% this year European photovoltaic installations are forecast to fall by more than 6 gigawatts, or GW, in 2013, with 1.3 GW of this decline attributed to incoming EU anti-dumping duties on Chinese modules according to a recently released analysis from IHS, the firm disclosed yesterday. Despite this dramatic fall, IHS still predicts global installations will grow at a double-digit rate to 35 GW in 2013 driven by a surge in demand in Asia. In its latest quarterly analysis on global photovoltaic installation demand, IHS cut has cut its forecast for the second half of 2013 in Europe by more than 1.3 GW, citing the anti-dumping tariffs that came into force on June 6. As a result of these duties, and several other factors, including changes to incentive systems, IHS predicts total European PV installations will fall to 11.6 GW in 2013, down 33 percent from 17.7 GW in 2012.Reference Link June 11, 2013 11:46 EDT CSIQ Solar names fall after LDK highlights polysilicon price weakness Subscribe for More Information June 10, 2013 12:11 EDT CSIQ On The Fly: Midday Wrap Stocks on Wall Street were higher at midday after S&P raised its outlook on the U.S. economy, Chinese data disappointed and Japanese stocks rallied. Stocks began the session higher but the averages turned mixed within minutes and passed back and forth across the flatline in the early minutes of the trading day. The averages made a definitive move higher about an hour into trading and have remained in positive territory since. ECONOMIC EVENTS: In the U.S., ratings agency Standard & Poor's upgraded its outlook for the U.S. economy to stable from negative, pointing to the strengthening economy and the dollar's status as the world's "key reserve currency" as contributors to its decision. In Asia, Chinese exports posted their lowest growth in almost a year in May, while inflation, growth in bank lending and investment came in below expectations. Also, factory output and retail sales grew at a pace that was similar to previous months. However, in Japan, the Nikkei index rallied nearly 5% after the nation's gross domestic product expanded by an annualized 4.1% in the first quarter, which was stronger than the prior 3.5% growth estimate. COMPANY NEWS: Apple (AAPL) advanced over 1% ahead of the start of its Worldwide Developers Conference, which kicks off with a keynote address from CEO Tim Cook scheduled for 1 pm ET. An updated mobile iOS, a new version of its desktop operating system and new MacBooks have all been rumored to debut, but the most discussed potential announcement is Apple’s "iRadio" Pandora (P) competitor. Pandora shares were down almost 3% as the event approached... Facebook (FB) shares rallied 5% after research analysts at Stifel and JPMorgan both issued positive notes to investors about the social network company. MAJOR MOVERS: Among the notable gainers was Canadian Solar (CSIQ), which rose 7% after announcing a $300M deal for solar power plant construction. Among the noteworthy losers were Dynavax (DVAX), which dropped 34% after reporting feedback from an FDA meeting regarding its investigational adult hepatitis B vaccine, and Titan International (TWI), which fell over 8% following downgrades by at least three firms. INDICES: Near noon, the Dow was up 25.89, or 0.17%, to 15,274.01; the Nasdaq was up 14.18, or 0.41%, to 3,483.40; and the S&P 500 was up 3.76, or 0.23%, to 1,647.14. 06:58 EDT CSIQ Canadian Solar signs $301.1M EPC agremeent for solar power plant construction Subscribe for More Information June 6, 2013 09:45 EDT CSIQ China to up solar subsidies in face of EU tariffs, Want China Times says In response to anti-dumping tariffs imposed by the European Commission, the Chinese government will introduce new strategies and increase the amount of subsidies available for its domestic solar industry, reported Want China Times, citing the Chinese-language Commercial Times. Reference Link June 5, 2013 09:45 EDT CSIQ EU imposes tariffs on Chinese solar companies, Guardian reports Subscribe for More Information 07:01 EDT CSIQ BluEarth Renewables to purchase four solar power plants from Canadian Solar Subscribe for More Information June 4, 2013 05:58 EDT CSIQ Canadian Solar expands presence in South American solar market Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.