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Stock Market & Financial Investment News

News Breaks
September 10, 2012
06:04 EDTJASO, BLK, XSRAY, TSL, STP, ESLR, FSLR, CSIQ, SPWR, YGE, LDK, TMOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The solar power business is rapidly expanding in the U.S., but the growth isn't coming from U.S. solar-panel manufacturing. Instead, it is in installations of largely foreign-made panels, whose falling price has made solar more competitive with other forms of power, the Wall Street Journal reports...REUTERS: Glencore laid out its raised $36B all-share bid for Xstrata (XSRAY) today, warning it would not improve the terms again, Reuters reports...Stretches of undeveloped land in some of the most depressed housing markets in the U.S. are in high demand, and money managers such as BlackRock (BLK), Angelo Gordon & Co and Starwood Capital, are beginning to cash-in on so-called shovel-ready residential land-tracts with most of the pre-construction and zoning approvals already in place, Reuters reports...BLOOMBERG: U.S. technology companies have pushed their dividends to the highest level on record, a signal to investors that profit growth in the industry is slowing, Bloomberg reports...Toyota Motor (TM) will struggle to regain its former dominance as it deals with improved competition worldwide. While the company’s profits are rising, and it’s on pace to regain the global sales lead this year, its shares aren’t as highly valued as they were before the crises and the resurgence of U.S. rivals, Bloomberg reports.
News For JASO;LDK;YGE;SPWR;CSIQ;FSLR;ESLR;STP;TSL;XSRAY;BLK;TM From The Last 14 Days
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June 19, 2013
13:11 EDTTMToyota's Japanese website breached, no data leaked, Nikkei reports
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07:52 EDTTSLTrina Solar management to meet with Deutsche Bank
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June 18, 2013
10:31 EDTTSLTrina Solar management to meet with Deutsche Bank
Meeting to be held in New York / San Francisco on June 18 hosted by Deutsche Bank
09:15 EDTYGE, TSL, LDK, STP, SPWR, FSLR, JASO, CSIQChina to generate more heat using solar energy, China Daily says
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09:02 EDTSTPSuntech subsidiary granted definitive moratorium
Suntech announced that Suntech Power International, the company's principal operating subsidiary in Europe, has been granted a definitive moratorium on creditor claims from the judicial authorities in Schaffhausen, Switzerland. The moratorium is for a six month period and may be extended thereafter. Previously, on April 9, SPI had been granted a provisional moratorium for two months on creditor claims as a result of over-indebtedness. The majority of SPI's debt is Suntech inter-company debt. Other than the insolvency and restructuring of Suntech Holdings' Chinese subsidiary Wuxi Suntech Power and the SPI composition proceedings, Suntech Holdings is not aware of any similar proceedings regarding any of its other entities.
June 17, 2013
13:27 EDTTMToyota increases Japan sales target, Nikkei reports
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12:57 EDTBLKBlackRock to host investor day
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12:29 EDTTSL, STP, LDK, YGEOn The Fly: Midday Wrap
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12:03 EDTFSLRStocks with call strike movement; CLF FSLR
Cliffs Natural (CLF) August 20 call volatility increased 2% to 63, First Solar (FSLR) July 52.5 call option implied volatility decreased 2% to 65 according to IVolatility.
11:55 EDTCSIQHigh option volume stocks: SPHG CSIQ TS GAME CRZO
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10:40 EDTLDK, YGE, TSL, STPSolar stocks jump after China backs industry
Chinese solar energy stocks are jumping after the Chinese government ordered power producers and lenders to provide more support to the industry. WHAT'S NEW: China's government announced that electric grid companies should give priority to obtaining power from solar plants, Bloomberg reported on Saturday. Lenders must help Chinese solar companies raise money, the news service also quoted the government as saying. TODAY'S PRICE ACTION: In mid-morning trading, LDK Solar (LDK) rallied 9.5% to $1.50, Suntech Power (STP) jumped 7% to $1, Trina Solar (TSL) surged 7% to $6.35. Yingli Green jumped 10% to $3.18, and Jinko Solar (JKS) climbed 7% to $9.40. WHAT'S NOTABLE: The EU has imposed high tariffs on Chinese solar companies, as it has accused the companies of selling solar panels at artificially low prices. Some EU countries have said that the dispute with China should be resolved quickly.
10:18 EDTYGEYingli Green to launch new solar projects in China, Clean Technica says
China's Yingli Solar will develop solar plants generating 3 GW of power by 2016 in southern China, as part of a deal with local governments in the area, according to Clean Technica. Reference Link
09:38 EDTCSIQCanadian Solar price target raised to $25 from $6.90 at Nomura
Shares are Buy rated.
06:07 EDTTMStates push automakers to sell no-emission cars, Bloomberg reports
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June 15, 2013
15:50 EDTSTP, FSLR, TSL, YGE, CSIQ, SPWR, JASO, LDKChina to boost solar industry with easier financing, Bloomberg says
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June 14, 2013
15:36 EDTBLKBlackRock volatility elevated into investor day
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13:27 EDTCSIQCIM Holdings reports 7.8% passive stake in Canadian Solar
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11:28 EDTFSLRStocks with call strike movement; APOL FSLR
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11:16 EDTBLKBlackRock stock-fund leader taking medical leave, WSJ reports
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05:56 EDTBLKBlackRock's stock funds fall behind many U.S. competitors, WSJ reports
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