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Stock Market & Financial Investment News

News Breaks
May 23, 2014
09:03 EDTFSLR, SO, EEFirst Solar sells Macho Spring solar project
First Solar (FSLR) announced that it has sold the 50 megawatt AC Macho Springs Solar Power Plant to Southern Company (SO) subsidiary Southern Power and Turner Renewable Energy. El Paso Electric (EE) has a 20-year power purchase agreement for all energy generated by the power plant. Terms of the deal were not disclosed. This project will displace more than 40K metric tons of CO2, the equivalent of taking 7,500 cars off the road, and will displace more than 340K metric tons of water consumption annually in southern New Mexico and west Texas.
News For FSLR;EE;SO From The Last 14 Days
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July 30, 2015
14:15 EDTFSLRSharp to halt production of thin solar cells, Nikkei says
Sharp (SHCAY) plans to stop producing thin solar cells due to heightened price competition from Asian rivals, reports Nikkei. The publication notes that the company will use its Sakai thin solar cell plant to instead produce solar panels for residential use. 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
July 29, 2015
14:12 EDTSOSouthern Company says cash flow will increase as CapEx winds down
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13:48 EDTSOSouthern Company says sees acquisitions, share repurchases as options
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13:26 EDTSOSouthern Company says growth fueled by retail electricity sales
Says renewable projects pursued across entire company. Says Vogtle nuclear units 3,4 on target for 2019-2020. Says Kemper combined-cycle operations running fine. Comments from Q2 earnings conference call.
12:59 EDTSOSouthern Company sees Q3 EPS $1.16, consensus $1.13
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07:22 EDTFSLRFirst Solar pullback since June a buying opportunity, says JPMorgan
JPMorgan analyst Paul Coster views the 20% pullback in shares of First Solar since mid June as a buying opportunity. Coster keeps an Overweight rating on the stock ahead of the company's Q2 results. He looks for Firs Solar's FY15 guidance, which was suspended since the company announced its intentions to form a YieldCo, to be reinstated. The analyst has a $68 price target on shares.
07:18 EDTSOSouthern Company reports Q2 kilowatt-hour sales to retail increased 2.2%
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07:17 EDTSOSouthern Company reports Q2 EPS excluding items 71c, consensus 69c
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July 27, 2015
17:07 EDTFSLRSunPower acquires 1.5 gigawatt U.S. solar power plant pipeline
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July 24, 2015
11:01 EDTFSLRSolarCity rises after analyst says second half outlook strong
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July 21, 2015
15:40 EDTSOGeorgia Power receives approval for Albany solar project
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