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Stock Market & Financial Investment News

News Breaks
February 11, 2014
06:01 EDTCSIQCanadian Solar sees Q4 revenue $510M-$520M, consensus $556M
Canadian Solar expects Q4 solar module shipments to be in the range of approximately 605 MW-620 MW, which exceeds the company's original guidance of 480 MW-500 MW provided on November 13, 2013. For FY13 solar module shipments are expected to be in the range of 1,878 MW-1,893 MW. The company expects its revenue for Q4 to be in the range of $510M-$520M. The company expects its gross margin for Q4 including the sale of the Mississippi Mills project in Ontario, Canada, to be in the range of 16%-18%, compared to its original guidance of 13%-15% which did not factor in the potential sales of projects from its Ontario, Canada pipeline.
News For CSIQ From The Last 14 Days
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December 18, 2014
07:13 EDTCSIQSolarCity, Canadian Solar called top 2015 solar picks at JPMorgan
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December 17, 2014
06:36 EDTCSIQU.S. announces tariffs on Chinese, Taiwanese solar companies, NY Times says
The U.S. announced that it would impose tariffs of 26.7%-78.4% on the imports of most Chinese made solar panels, and tariffs of 11.45%-27.5% on solar cells made in Taiwan, according to The New York Times. Duties of 27.6%-50% will be imposed on modules made in China, the newspaper quoted the Commerce Department as saying. American officials still hope that they can reach a settlement with the Chinese on solar trade issues, the newspaper stated. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
December 16, 2014
07:07 EDTCSIQCanadian Solar completes sale of RayLight solar power plant
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December 12, 2014
08:42 EDTCSIQCanadian Solar has reached attractive entry point, says Roth Capital
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December 8, 2014
09:04 EDTCSIQCanadian Solar management to meet with JPMorgan
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06:06 EDTCSIQSharp could sell U.S. solar unit to Canadian Solar, Nikkei reports
Sharp (SHCAY) will reportedly sell its U.S.-based solar energy development unit Recurrent Energy to Canadian Solar (CSIQ) for about $250M, The Nikkei said yesterday. Sharp aims to reach a basic agreement Canadian Solar by the end of the month and complete the sale by spring, the report indicated. Reference Link

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