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Stock Market & Financial Investment News

News Breaks
March 12, 2013
06:04 EDTJASO, SIJA Solar commences shipments of 35 MW of solar PV modules to Siemens in Israel
JA Solar (JASO) announced that it has commenced shipments of 35 MW of solar PV modules to Siemens (SI) for five solar projects in Israel, of which three are located in the Arava Desert and two are in the Negev Desert. Arava Power Company is the owner of the projects and Siemens is the engineering, procurement and construction service provider. Under the terms of the agreement, the company will supply Siemens with a total of 122,936 high-efficiency polycrystalline PV modules, each with an average output of 290 Wp. Delivery of the modules commenced in January and is expected to be completed by May of this year.
News For JASO;SI From The Last 14 Days
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May 15, 2013
11:37 EDTJASOHigh option volume stocks: CONN IRWD JASO LYV CSC
May 7, 2013
11:04 EDTSIDresser-Rand turning into takeover candidate, Bloomberg reports
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10:28 EDTJASOSolar companies drop after First Solar report, outlook
Solar stocks are retreating after a leading company in the sector, First Solar (FSLR), reported lower than expected first quarter earnings per share and said that it would generate more earnings in the second half of 2013 than in the first half of the year. WHAT'S NEW: First Solar reported lower than expected EPS and said it expected its earnings to be higher in the second half of the year than in the first half due to the timing of revenue recognition from a number of projects. Previously the company had expected to generate higher earnings in the first half of the year. However, First Solar reaffirmed its previous fiscal 2013 EPS guidance range of $4.00-$4.50 and disclosed that it was working on "sizable" opportunities in Africa, ANALYST REACTION: In a note to investors this morning, Deutsche Bank analyst Vishal Shah wrote that First Solar's results and guidance were weak. Shah is concerned about First Solar's reliance on a strong second half performance to meet its 2013 guidance and he maintained a Hold rating on the stock. TODAY'S PRICE ACTION: In early trading, SunPower (SPWR) fell 5.7% to $15, Trina Solar (TSL) dropped 3.8% to $4.80, Canadian Solar (CSIQ) slumped 4.2% to $5.55 and First Solar tumbled 10% to $42.90.
07:24 EDTJASOEU to tax imported solar panel equipment form China, WSJ reports
The EU is set to place import duties on solar panel equipment made in China, with a trade battle expected to follow, reports the Wall Street Journal. Reference Link
May 6, 2013
10:01 EDTSISiemens signs 15-year wind service extensions in North America
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