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Stock Market & Financial Investment News

News Breaks
May 16, 2014
10:14 EDTCSIQCanadian Solar drops after earnings miss consensus, levels to watch
The company reported results for its Q1 that missed consensus expectations by 7 cents per share. At time of writing the stock is down over 9.5% to $22.92. At that price, next support is at $22.69, the session low, and then at $22.29. Resistance is at $23.55.
News For CSIQ From The Last 14 Days
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August 26, 2014
13:12 EDTCSIQTrinaSolar drops after revenue miss, peers follow
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August 25, 2014
08:58 EDTCSIQChances of solar trade deal now over 50%, says Roth Capital
Roth Capital now sees a greater than 50% chance that a compromise will be reached between Chinese solar companies and the U.S. government on trade restrictions, as the firm thinks that all stakeholders in the matter appear to have a sense of urgency to reach a deal by the end of November. Roth, which previously saw a 30%-40% chance that a deal would be made, thinks that discussions on the issue are progressing. It keeps Buy ratings on Canadian Solar (CSIQ), JA Solar (JASO), JinkoSolar (JKS), and Trina Solar (TSL), and a Hold rating on Yingli Green Energy (YGE).
August 22, 2014
06:34 EDTCSIQChina not meeting shale gas goals, NY Times says
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August 20, 2014
08:27 EDTCSIQCanadian Solar completes sale of Good Light Solar Power Plant to BluEarth
Canadian Solar's wholly-owned subsidiary, Canadian Solar Solutions, has completed the sale of Good Light, a 10 MW AC solar power plant located in the town of Kawartha Lakes, Ontario, Canada, valued at over $60.3M, to a BluEarth Renewables subsidiary. This is the second of four planned solar projects being acquired by BluEarth from Canadian Solar, totalling 38.5 MW AC.
August 19, 2014
09:20 EDTCSIQReported settlement offer positive for Chinese solar stocks, says Roth Capital
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