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Stock Market & Financial Investment News

News Breaks
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.
News For JASO From The Last 14 Days
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July 1, 2015
07:30 EDTJASODrop is Solar stocks a buying opportunity, says Deutsche Bank
Deutsche Bank analyst Vishal Shah attributes the recent weakness in the Solar space to investor concerns around increased interest rate and growth uncertainty, especially of YieldCos. Shah, however, views YieldCos as a significant growth catalyst for the solar and broader renewables sector. The analyst expects the current weakness to provide an attractive entry point for longer term investors. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE).

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