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Stock Market & Financial Investment News

News Breaks
November 16, 2012
06:04 EDTJASOJA Solar changes ADS ratio to 1 ADS representing 5 ordinary shares
JA Solar Holdings announced that it will change the ratio of its American Depositary Shares, or ADSs, to ordinary shares from one ADS representing one ordinary share to one ADS representing five ordinary shares, effective on December 10. Each shareholder of record at the close of business on December 10 will be required to exchange every five ADSs then held for one new ADS. The effect on the ADS price will take place on December 10. For JA Solar's ADS holders, this ratio change will have the same effect as a one-for-five reverse ADS split. There will be no change to JA Solar's underlying ordinary shares. ADS holders will be required to surrender their existing ADSs in exchange for new ADSs of the company.
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April 14, 2014
11:23 EDTJASOJA Solar raises Q1 shipment view to exceed 620 MW
Earlier today, JA Solar announced preliminary results for its first quarter ended March 31. Based on preliminary financial information, JA Solar currently expects total shipment volume in the 1Q14 to exceed 620 MW, ahead of its previously announced guidance of 580 MW to 610 MW. The company also expects sequential gross margin improvement in 1Q14. Furthermore, the company reiterates its full year cell and module shipments guidance of between 2.7 GW and 2.9 GW, which includes 200 MW of module shipments to the company's downstream projects. "We are proud that solid execution in the quarter enabled us to exceed our previously issued guidance," said Baofang Jin, Chairman and CEO of JA Solar. Shares of JA Solar are trading higher by 7.5% to $10.01 in morning trading.
April 4, 2014
10:50 EDTJASOFirst Solar rallies after Citigroup ups price target
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April 3, 2014
06:26 EDTJASOSolarbuzz expects record demand for PV industry in 2014, DigiTimes says
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