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Stock Market & Financial Investment News

News Breaks
February 17, 2013
12:44 EDTFSLRFirst Solar says Ahmed Nada to join the company as VP of business development
First Solar announced that Ahmed Nada will join the company as Vice President of Business Development for the Middle East, reporting to Christopher Burghardt, Vice President of Business Development for Europe, Middle East and Africa, EMEA. In this new role, Ahmed will be based in the Company’s Dubai office and will lead business development activities in the region outside of Saudi Arabia, where the company is also establishing operations. Ahmed has 20 years of experience throughout the Middle East, concentrated in the energy and power industries. He joins First Solar after 14 years with General Electric. He most recently was the business executive and regional general manager of GE Oil & Gas Global Services in the Middle East. Prior to that Ahmed worked at Zahid Tractors & Heavy Machinery Co, a Caterpillar distributor in Saudi Arabia, and Saudi Arabian Marketing, SAMACO.
News For FSLR 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
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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