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Stock Market & Financial Investment News

News Breaks
May 27, 2014
09:08 EDTNEE, FSLRFirst Solar completes sale of 250MW Silver State South to NextEra Energy
First Solar (FSLR) announced that it has completed the sale of the 250-megawatt AC Silver State South Solar Project to a subsidiary of NextEra Energy (NEE) Resources. Terms of the transaction were not disclosed. Silver State South is located on approximately 3K acres of federally managed land in Clark County, Nevada. The project is adjacent to the 50MWAC Silver State North project, which was developed and built by First Solar and commissioned in 2012. Pre-construction activity has begun at the site, and the project is expected to be complete in late 2016. At construction peak, the project will create approximately 500 local full-time jobs.
News For FSLR;NEE From The Last 14 Days
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August 3, 2015
07:40 EDTNEENextEra Energy sees FY18 adjusted EPS $6.60 to $7.10
07:40 EDTNEENextEra Energy raises FY16 EPS to $5.85-$6.35 from $5.75-$6.25, consensus $6.07
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07:40 EDTNEENextEra Energy sees adjusted EPS to grow at CAGR of 6%-8% through 2018
07:39 EDTNEENextEra Energy backs FY15 adjusted EPS $5.40-$5.70, consensus $5.63
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07:38 EDTNEENextEra Energy reports Q2 adjusted EPS $1.56, consensus $1.50
NextEra Energy’s principal rate-regulated electric utility subsidiary, Florida Power & Light Company, reported Q1 net income of 97c per share. FPL averaged approximately 66,000 more customer accounts during the second quarter of 2015 than in the comparable prior-year quarter.
August 2, 2015
17:09 EDTNEEPresident of U.S. power company group comments on Clean Power regulation
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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
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 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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