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Stock Market & Financial Investment News

News Breaks
March 11, 2014
08:10 EDTGTATGT Advanced to supply $336M of equipment, technology to Cosmos Chemicals Berhad
GT Advanced Technologies announced the signing of a $336M supply agreement with Cosmos Chemicals Berhad to provide equipment and technology for a 25,0000 metric ton annual, or MTA, polysilicon facility, a project sponsored by Saudi Arabia based Project Management & Development Company, that will be located in Sarawak, Malaysia. Under the terms of the agreement, which is subject to financing, GT will supply its complete suite of polysilicon production equipment and technology including engineering services, hydrochlorination, SDR CVD reactors, filament production, and polysilicon processing. Cosmos Chemicals Berhad is currently securing final financing for the project. Contingent upon completion of this step, GT expects the project to commence in phases beginning with the commissioning of engineering work followed by an equipment order.
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July 14, 2014
10:18 EDTGTATGT Advanced retreats after downgrade citing production concerns
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07:41 EDTGTAT, GTATGT Advanced 's 2014 guidance at risk, says CLSA
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