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Stock Market & Financial Investment News

News Breaks
October 11, 2012
06:11 EDTESLR, SPWR, TSL, FSLR, YGE, STP, CSIQ, JASO, LDKChina's solar market expected to have a surge in 2H12, DigiTimes reports
China's solar market will have a strong ending in 2012 after a slow start, reports DigiTimes, citing IMS research. Installations are expected to surge in 2H12 with more than 4GW of solar PV installations to be completed. Reference Link
News For JASO;LDK;YGE;SPWR;CSIQ;FSLR;ESLR;STP;TSL From The Last 14 Days
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May 23, 2013
11:40 EDTFSLRStocks with call strike movement; FSLR AMD
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May 22, 2013
16:25 EDTTSL, SPWROn The Fly: Closing Wrap
Stocks on Wall Street were sharply lower following a day where the Fed dominated the news. The averages were higher early in the session as Fed Chairman Ben Bernanke testified in front of Congress. However, the averages crossed into negative ground as Bernanke's comments on the potential for future QE tapering were digested. The selling accelerated in the late hours of the session following the release of the minutes from the Fed's last FOMC meeting. ECONOMIC EVENTS: In the U.S., Federal Reserve Chairman Ben Bernanke delivered testimony before the Joint Economic Committee of Congress, stating that premature tightening of monetary policy would carry a "substantial risk" of slowing or ending the economic recovery. Bernanke, however, also said the central bank could begin winding down its bond-buying program at one of its "next few meetings" if the economy continues to improve. The FOMC minutes, released at 2:00 pm ET, indicated that some committee members expressed a willingness to adjust assets purchases, though some disagreement existed over what economic data would be needed to begin such a program. The minutes also said some members might want to cut asset purchases by as soon as June. The National Association of Realtors said existing home sales advanced 0.6% to an annual rate of 4.97M units in April, which was the highest level since November 2009 but still below expectations for a rise to a 4.99M-unit rate. COMPANY NEWS: Target (TGT) shares lost $2.86, or 4.01%, to $68.40 after the company's first quarter report, which it called "disappointing." The company also cut its full-year earnings and same-store sales views. MAJOR MOVERS: Among notable gainers was Saks (SKS), up $1.83, or 13.39%, to $15.50 after the New York Post said the company hired Goldman Sachs (GS) to explore strategic alternatives and Bloomberg said KKR (KKR) was considering a stake in the luxury retailer. Also higher following its better-then-expected quarterly results was Zale (ZLC), which advanced $1.20, or 22.22%, to $6.60. Among noteworthy losers were a number of Solar stocks, including Trina Solar (TSL), down $1.07, or 14.9%, to $6.11, and SunPower (SPWR), down $1.81, or 8.62%, to $19.19 after China's Xinhua news agency said early talks between Europe and China to resolve their fight over solar panel trade rules had failed. Also lower was SolarWinds (SWI), down $6.57, or 13.71%, to $41.34 after the company said it will acquire N-able for $120M and its shares were downgraded at research firm Pacific Crest. INDICES: The Dow was down 80.41, or 0.52%, to 15,307.17; the Nasdaq was down 38.82, or 1.11%, to 3,463.30; and the S&P 500 was down 13.81, or 0.83%, to 1,655.35.
13:35 EDTYGE, TSL, FSLR, CSIQ, ESLR, SPWR, STP, LDK, JASOCautious solar note, SolarCity lock-up highlighted by CNBC's Greenberg
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12:20 EDTTSLOn The Fly: Midday Wrap
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12:07 EDTFSLRStocks with call strike movement; FSLR AMD
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10:01 EDTLDK, FSLR, TSL, YGE, JASO, ESLR, CSIQ, STP, SPWREarly talks over China-EU solar panel dispute fail, Xinhua says
First-round talks to ease the current solar panel trade fight between China and the European Union have failed, reported Xinhua, citing Chinese trade body sources. Reference Link
08:05 EDTTSLTrina Solar to host business news update conference call
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07:30 EDTFSLRFirst Solar seeks partners in India, Economic Times reports
First Solar has described the Indian market as attractive and big for solar power, and says it's looking for partnerships to strengthen its business, reports the Economic Times. Reference Link
06:26 EDTFSLR, LDK, STP, JASO, SPWR, YGE, TSL, ESLR, CSIQIHS: Solar industry CapEx down 36% in 2013, Digitimes says
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May 21, 2013
12:00 EDTYGEYingli Green rises 21.6%
Yingli Green is up 21.6%, or 67c, to $3.77
11:57 EDTFSLRStocks with call strike movement; FSLR AMD
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11:34 EDTTSL, JASO, YGEHigh option volume stocks: JASO YGE WMB AMTD TSL
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10:44 EDTJASOJA Solar June volatility elevated at 126, shares at 14-month high
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10:29 EDTTSL, FSLRSolar channel checks don't support bullishness of stocks, says Raymond James
Raymond James said feedback from solar channel checks rare is not as enthusiastic as excessive bullishness being exhibited by the stocks. First, the firm said European purchases of Chinese modules have dried up due to industry speculation of an upcoming EU tariff ruling; second, feedback suggests U.S. project developers are capital constrained; and third, there is a lack of industry rationalization.
10:02 EDTFSLRFirst Solar May weekly volatility elevated at 92 on sharp rally
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10:00 EDTYGEYingli Green rises 34.8%
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09:57 EDTTSLTrina Solar spikes higher with peers, levels to watch
Solar Energy stocks are hot once again today, with high volumes and extreme price spikes and swings. At the current price of $7.87, the stock is up over 16%. At that price, next resistance is at $8.47, the high of the session and the new 52-week high. Support is at $7.40, the session low.
09:55 EDTFSLRFirst Solar rises with rest of group, levels to watch
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09:24 EDTJASOJA Solar break out continues, shares up 15% pre-market
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09:00 EDTYGEYingli Green rises 24.5%
Yingli Green is up 24.5%, or 76c, to $3.86
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