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Stock Market & Financial Investment News

News Breaks
January 7, 2013
06:41 EDTYGE, FSLR, SPWR, STP, WFR, LDKGordon Johnson remains bearish on solar power stocks, Barron's says
European Incentive cuts will impact global solar demands in 2013 while government bailouts are keeping companies afloat. The future could be worse for the solar industry, reports Barron's, in an interview with Gordon Johnson. Reference Link
News For FSLR;LDK;STP;YGE;WFR;SPWR From The Last 14 Days
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July 31, 2015
05:31 EDTSTPWuxi Suntech loses lawsuit against ZKenergy
ZKenergy Science & Technology announced that the company has won the lawsuit against Wuxi Suntech Power over contract disputes and received the Notice of Judgment on July 23, in reference to Case Sushang First Trial-00022. ZKenergy filed a lawsuit against Wuxi Suntech on September 1, 2014, alleging that the latter failed to perform its obligations under the terms of Solar Module Sales Contract and the supplementary agreement, and requiring Wuxi Suntech to restitute the payment totaling RMB 206M and to be liable for breach of the agreements. ZKenergy received the notice that the court had agreed to hear the case on September 3, 2014. Wuxi Suntech filed a counterclaim to ZKenergy's claim on December 25, 2014, requiring ZKenergy to pay its loss of RMB 246.6M.
July 30, 2015
14:15 EDTYGE, FSLR, SPWRSharp 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
08:46 EDTSPWRSunPower set for substantial growth, says Baird
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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.
July 28, 2015
19:10 EDTSPWROn The Fly: After Hours Movers
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16:28 EDTSPWRSunPower FY15 EPS $1.50-$1.80, may not compare to consensus $1.00
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16:27 EDTSPWRSunPower sees Q3 revenue $400M-$450M, consensus $640.89M
Sees Q3 megawatts deployed in the range of 300-MW to 330-MW. Sees Q3 GAAP EPS (60c)-(50c).
16:25 EDTSPWRSunPower reports Q2 EPS 18c, consensus 17c
Reports Q2 revenue $381M, may not compare to consensus $513M.
08:33 EDTSPWRSunPower and ConEdison to offer solar power systems leasing
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July 27, 2015
17:07 EDTSPWR, FSLRSunPower acquires 1.5 gigawatt U.S. solar power plant pipeline
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July 24, 2015
11:01 EDTSPWR, YGE, FSLRSolarCity rises after analyst says second half outlook strong
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July 23, 2015
08:25 EDTSPWRSunPower to build 100 MW solar power plant for NV Energy
SunPower has signed a 20-year power purchase agreement with NV Energy to build a 100 MW solar photovoltaic power plant planned for construction in the Eldorado Valley of Boulder City, Nevada. The project is expected to create approximately 200 jobs during construction, which is anticipated to commence before the end of 2015, with commercial operation planned in 2016. SunPower acquired the project from KOMIPO America earlier this year.
July 22, 2015
08:13 EDTSPWRDominion and SunPower partner to supply solar power to New Jersey homeowners
Dominion (D) subsidiary Dominion Retail and SunPower (SPWR) announced a collaboration of the two companies to offer SunPower solar power systems to New Jersey homeowners. Dominion will provide program details to residents through a marketing campaign scheduled to begin this summer.
July 21, 2015
08:09 EDTYGEYingli Green Energy subsidiary selected for 50MW solar power plant in China
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