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Stock Market & Financial Investment News

News Breaks
February 27, 2013
11:09 EDTLDK, TSL, ESLR, CSIQ, FSLR, YGE, SPWR, JASO, STPSolar stocks sink following First Solar quarterly report
Solar energy stocks are retreating after First Solar (FSLR) provided weaker than expected first quarter guidance. First Solar's fourth quarter revenue also came in below analysts' expectations. The company's market environment has been "very challenging" and is "expected to remain turbulent for some time to come," First Solar CEO Jim Hughes stated. In the fourth quarter, the company's book to bill activity was disappointing and the solar energy market continues to be "extremely competitive," Hughes added. Also, yesterday morning Trina Solar (TSL) reported a much larger than expected fourth quarter earnings per share loss. After reporting a fourth quarter earnings per share loss of $1.23, versus analysts' consensus estimate of an 82c per share loss, Trina Solar made comments to those made this morning by First Solar. "Our bottom line continued to be adversely impacted by a supply-demand imbalance and aggressive pricing by some competitors," Trina CEO Jifan Gao stated. In mid-morning trading, First Solar tumbled 17% to near $26.05, Trina dropped 5.6% to $4.00, SunPower (SPWR) retreated 7% to $10.85 and Canadian Solar (CSIQ) gave back 6% to $4.
News For FSLR;TSL;JASO;CSIQ;LDK;SPWR;ESLR;STP;YGE From The Last 14 Days
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February 8, 2016
07:05 EDTCSIQCanadian Solar begins commercial operation of three PV power plants in Japan
Canadian Solar announced that it started the commercial operation of three solar photovoltaic power plants in Japan, totaling approximately 6.2 MWp. The 6.2 MWp portfolio of projects include the 2.3 MWp Ashikita Solar Power Plant in Kumamoto City, Kumamoto Prefecture, the 2.2 MWp Minamishimabara Power Plant - East and the 1.7MWp Minamishimabara Plant - West in Minamishimabara City, Nagasaki Prefecture. The 2.3 MWp Ashikita Solar Power Plant, powered by 9,030 Canadian Solar CS6P-260P modules, achieved commercial operation on December 11, 2015. The 2.2 MWp Minamishimabara Power Plant - East, powered by 8,602 Canadian Solar CS6P-260P modules, achieved commercial operation on December 25, 2015. And finally the 1.7 MWp Minamishimabara Plant - West, powered by 6,509 Canadian Solar CS6P-260P modules, achieved commercial operation on January 29, 2016.
February 5, 2016
06:38 EDTYGEYingli Green Energy announces partnership with Iberdrola
Yingli Green Energy has recently signed an agreement with Iberdrola, for the new product "Smart Solar Iberdrola", the turnkey solar PV solution that Iberdrola has set up to its customers which offers the possibility to generate and consume their own electricity by installing this technology. Yingli will provide Iberdrola with its extensive portfolio of solar panels, experience and best resources including technical and human, for assembly work, configuration and monitoring of equipment performance, and preventive and corrective maintenance, to make sure the systems perform as safely and efficiently as possible.
February 3, 2016
07:26 EDTFSLRDeutsche lists five reasons to like First Solar shares
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February 1, 2016
07:02 EDTJASOJA Solar's portfolio passed 96-hour Potential Induced Degradation test
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January 28, 2016
19:01 EDTCSIQCanadian Solar receives $70M financing package from IFC
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14:11 EDTSPWRCalifornia PUC approves new net-metering rules
The California Public Utilities Commission voted 3-2 in favor of the proposed Net Energy Metering Successor Tariff.
05:34 EDTTSLTrina Solar announces shipment of 57.1MW solar modules to solar project in Japan
Trina Solar announced that it has begun shipping 57.1 MW of solar modules to Toyo Engineering Corporation for use in the Furukawa Mega Solar Project located in Osaki City, Miyagi Prefecture, Japan. The delivery of solar modules is scheduled to be completed before the end of the third quarter of 2016. The Project, developed by Pacifico Energy Furukawa G.K., is being constructed on an abandoned golf course in Osaki and is expected to be completed and commissioned in the fourth quarter of this year. The clean electricity that the Project will generate will be purchased by Tohoku Electric Power company to energize the region.
January 27, 2016
09:40 EDTCSIQCanadian Solar downgraded to Mixed from Positive at OTR Global
January 26, 2016
10:00 EDTFSLROn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Criteo (CRTO) initiated with an Equal Weight at Morgan Stanley... Devon Energy (DVN) initiated with a Buy at Citi... Fair Isaac (FICO) initiated with an Outperform at William Blair... First Solar (FSLR) initiated with a Buy at Roth Capital... Ideal Power (IPWR) initiated with a Buy at Rodman & Renshaw... Juniper Pharmaceuticals (JNP) initiated with an Outperform at Northland... MeetMe (MEET) initiated with a Buy at Topeka... MoneyGram (MGI) initiated with a Buy at Feltl... Petroleum Geo-Services (PGSVY) initiated with a Buy at HSBC... Rubicon Project (RUBI) initiated with an Equal Weight at Morgan Stanley... Smart & Final Stores (SFS) initiated with a Buy at BB&T... Tuesday Morning (TUES) initiated with a Neutral at B. Riley.
08:13 EDTFSLRFirst Solar initiated with a Buy at Roth Capital
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