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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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April 15, 2015
06:52 EDTCSIQJapanese judge blocks relaunch of nuclear plants, NY Times says
A Japanese judge yesterday blocked the country's government from restarting two nuclear power plants, according to The New York Times. None of Japan's 48 reactors has been operating since the Fukushima disaster, and the judge's decision is potentially significant because it directly challenges the government's new nuclear safety standards, the newspaper stated, adding that the two affected reactors may not reopen for months or even years. Cameco (CCJ) develops uranium used by nuclear plants. Solar energy companies whose products may be used to supplement nuclear power in Japan include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
April 13, 2015
13:59 EDTCSIQChina looking to deploy solar power station in space, Business Insider says
China intends to deploy a solar power station in space in 2020, according to Business Insider. Expected to orbit Earth, the station is supposed to utilize over six square kilometers of solar panels, the website stated. However, a few logistical problems must be solved, including the fact that current rockets do not have nearly enough power to propel a station of that magnitude into space, Business Insider added. Publicly traded Chinese solar companies include Canadian Solar (CSIQ), JA Solar (JASO), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link

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