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Stock Market & Financial Investment News

News For JASO;CSIQ;LDK;SPWR;TSL;ESLR;STP;FSLR;YGE From The Last 14 Days
Check below for free stories on JASO;CSIQ;LDK;SPWR;TSL;ESLR;STP;FSLR;YGE the last two weeks.
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June 6, 2013
12:24 EDTFSLRStocks with call strike movement; CLF FSLR
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09:45 EDTYGE, TSL, STP, CSIQ, JASO, SPWR, FSLR, LDKChina to up solar subsidies in face of EU tariffs, Want China Times says
In response to anti-dumping tariffs imposed by the European Commission, the Chinese government will introduce new strategies and increase the amount of subsidies available for its domestic solar industry, reported Want China Times, citing the Chinese-language Commercial Times. Reference Link
June 5, 2013
19:52 EDTFSLRFirst Solar, New Mexico in agreement for 50MW solar plant
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16:26 EDTTSL, JASOOn The Fly: Closing Wrap
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15:43 EDTYGEDuPont, Yingli Green announce $100M agreement expansion
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12:32 EDTTSL, JASOOn The Fly: Midday Wrap
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11:49 EDTFSLRStocks with call strike movement; FSLR AMD
RT Options Scanner shows First Solar (FSLR) July 57.5 call volatility decreased 1% to 64, AMD (AMD) October 4.5 call option implied volatility decreased 3% to 62 according to IVolatility.
10:07 EDTFSLROn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Audience (ADNC) initiated with a Hold at Benchmark Co.... Bank of Ireland (IRE) initiated with an Underweight at HSBC... Ellie Mae (ELLI) initiated with an Outperform at FBR Capital... Haemonetics (HAE) initiated with an Outperform at William Blair... Jive Software (JIVE) initiated with a Buy at Janney Capital... Northern Tier (NTI) initiated with a Buy at Citigroup... Workday (WDAY) initiated with a Market Perform at FBR Capital... Carlyle Group (CG) initiated with a Buy at Sandler O'Neill... XL Group (XL) initiated with a Neutral at Nomura... Travelers (TRV) initiated with a Neutral at Nomura... Marsh & McLennan (MMC) initiated with a Neutral at Nomura... Aon plc (AON) initiated with a Neutral at Nomura... Allstate (ALL) initiated with a Neutral at Nomura... AIG (AIG) initiated with a Neutral at Nomura... ACE Ltd. (ACE) initiated with a Buy at Nomura... Progressive (PGR) initiated with a Reduce at Nomura... First Solar (FSLR) coverage assumed with a Sell at Maxim... Jive Software (JIVE) reinstated with a Neutral at Credit Suisse... Standard Pacific (SPF) initiated with a Buy at BofA/Merrill... Axiall (AXLL) initiated with a Buy at BofA/Merrill.
10:07 EDTJASO, TSLOn The Fly: Analyst Downgrade Summary
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09:45 EDTLDK, SPWR, STP, TSL, YGE, CSIQ, FSLR, JASOEU imposes tariffs on Chinese solar companies, Guardian reports
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09:38 EDTJASOActive equity option families trading
Active equity option families trading on open according to Track Data: AAPL TSLA GOOG JASO ABX
09:25 EDTJASO, TSLOn The Fly: Pre-market Movers
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08:07 EDTTSLTrina Solar releases statement on preliminary determination of anti-dumping duty
"Trina Solar is disappointed with the European Commission's preliminary conclusion, as we disagree that we have dumped imports into the European market. The decision will negatively affect the European solar industry and is against the interests of the global solar market... We will continue to cooperate with the European Commission's investigation, and use evidence to defend our position that these duties are unwarranted and serve as an impediment to the broader adoption of solar energy as a sustainable energy source. We urge all parties involved to seek a mutually beneficial solution through consultation and negotiation. As a forward-thinking global company, we will continue to deploy options to most effectively serve all of our solar markets."
08:06 EDTFSLRFirst Solar coverage assumed with a Sell at Maxim
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07:15 EDTTSLTrina Solar downgraded to Sell from Neutral at Goldman
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07:15 EDTJASOJA Solar downgraded to Sell from Neutral at Goldman
Goldman believes JA Solar's margin strength in high-ASP markets looks unsustainable given tariff uncertainty. Price target lowered to $4.20 from $4.50.
07:01 EDTCSIQBluEarth Renewables to purchase four solar power plants from Canadian Solar
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06:05 EDTYGEYingli Green comments on EC decision
Yingli Green commented on the imposition of preliminary anti-dumping duties by the European Commission targeting solar products originating in China as well as those shipped from China. As of June 6, Yingli Green Energy's products will be subject to a preliminary duty of 11.8% until August 5. From August 6 until the final ruling in December, the company's duty will be set at the level of 37.3%, which is the lowest rate among all Chinese photovoltaic manufacturers, unless there is a negotiated solution between China and the European Commission. Under the current European Commission decision, duties would have to be deposited not only on imports of solar products originating in China but also on imports of solar products originating in other countries but shipped from China. When the anti-dumping investigation was initiated, it was defined to target Chinese-origin solar products only. "We notice with regret that the European Commission insists on imposing preliminary anti-dumping duties on Chinese solar products despite massive opposition from EU member states," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "Punitive tariffs – no matter at what level – will inevitably lead to higher prices for solar products causing at least the stagnation of the solar industry in Europe. We therefore encourage the prompt resumption of talks between China and the European Commission." "Yingli Green Energy supports a market-based negotiated solution for this situation as proposed by several European leaders. A negotiated settlement will help to alleviate the current market uncertainty, ensuring European consumers' access to affordable green energy and at the same time sustaining local jobs," said Darren Thompson, Managing Director, Yingli Green Energy International AG.
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