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Stock Market & Financial Investment News

News Breaks
November 9, 2012
05:30 EDTJKSJinkoSolar comments on final ITC rulings on imported Chinese solar products
JinkoSolar Holding commented on the final determination of injury by the U.S. International Trade Commission, or USITC, concerning the anti-dumping duty, or AD, and countervailing duty, or CVD, investigation of imports of crystalline silicon photovoltaic cells and modules from the People's Republic of China. The USITC finally determined that imports of crystalline silicon photovoltaic cells and modules from China "materially injure" a U.S. industry, but the USITC did not make an affirmative determination regarding critical circumstances. As a result, the Company will face AD at 15.42% and CVD at 15.24% for the cells and modules imported into the U.S. after the respective date of the preliminary determinations on AD and CVD were issued by the Department of Commerce. Chairman Xiande Li commented: "We are disappointed with the ITC's final determination on the injury. While the decision was partially favorable to us, we believe that this ruling will have negative effects globally and will ultimately end up hurting consumers. Trade protectionism benefits no one and will only hinder the solar market's development. Despite the circumstances, we remain fully committed to our customers in the U.S. and are prepared to meet our contractual commitments there. As we have stated before, these tariffs are unlikely to have an impact on our business as the U.S. continues to account for a fairly small percentage of our total module shipments. We are still strongly dedicated to the success of JinkoSolar in the U.S.."
News For JKS From The Last 14 Days
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March 25, 2015
07:07 EDTJKSJinkoSolar to supply 104MW dc of PV solar modules for Utah Red Hills project
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March 20, 2015
09:24 EDTJKSOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Ctrip.com (CTRP), up 20.1%... Rally Software (RALY), up 17.3%... Nike (NKE), up 5.2%... Darden Restaurants (DRI), up 4.3%... Cheetah Mobile (CMCM), up 3.6%. ALSO HIGHER: Prothena (PRTA), up 40.2% after reporting positive results from Phase 1 study of PRX002... Viggle (VGGL), up 26.9% after confirming receipt of offer from chairman and CEO Robert Sillerman... Intercept Pharmaceuticals (ICPT), up 8.5% after announcing new data analyses from FLINT trial... Biogen Idec (BIIB), up 9.7% after presenting positive interim results from study of aducanumab... Pier 1 Imports (PIR), up 5.2% after being upgraded to Outperform from Perform at Oppenheimer... JinkoSolar (JKS), up 2.8% after announcing that it will supply 75 MWdc of its PV solar modules to Red Horse 2 project and following a strategic collaboration agreement with DuPont (DD). DuPont is up just under 1%. DOWN AFTER EARNINGS: AK Steel (AKS), down 6.8%... Youku Tudou (YOKU), down 4.9%... Tiffany (TIF), down 3.3%. ALSO LOWER: Macerich (MAC), down 7.7% after Simon makes $95.50 per share "best and final" offer.
07:06 EDTJKSJinkoSolar and DuPont sign strategic collaboration agreement
JinkoSolar (JKS) announced that it has signed a strategic collaboration agreement with DuPont (DD), which reflects the companies' interests in furthering the growth and adoption of efficient and reliable solar generated electricity. Areas of potential collaboration include technical development efforts to support continued improvements in the efficiency, durability and reliability of solar cells and panels, including through development and supply of advanced materials including DuPont Solamet PV19x series photovoltaic metallization pastes and DuPont Tedlar polyvinyl fluoride films, as well as co-marketing collaborations aimed at promoting the broader and faster adoption of solar energy to help address the world's growing energy needs.
06:33 EDTJKSJinkoSolar to supply 75 MWdc of PV solar panels to Red Horse 2 project
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March 19, 2015
06:37 EDTJKSJinkoSolar plans to build cell & module manufacturing facility in Malaysia
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March 18, 2015
11:29 EDTJKSSolar sector could get new boost from China raising solar energy targets
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09:08 EDTJKSSentiment towards China solar names improving, says Roth Capital
After China raised its 2015 solar installation target, Roth Capital says that the country could significantly increase its 2020 solar target, boosting China solar stocks further. Roth identifies .Daqo New Energy (DQ), JA Solar (JASO), JinkoSolar (JKS), and Trina Solar (TSL) as the names in its coverage most likely to benefit directly from such a revision. It keeps Buy ratings on all the stocks named.
07:05 EDTJKSJinko Power signs strategic project development agreement with CDBL
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06:30 EDTJKSChina raises 2015 solar energy target, Barron's says
China increased its 2015 solar energy installation target to 17.8 gigawatts from 15 gigawatts previously, according to Barron's.Additionally, Beijing abandoned its previous practice of setting targets for both large scale utility solar facilities and rooftop projects, which should help Chinese solar companies, Barron's quoted Deutsche Bank as saying. Chinese solar stocks rallied in New York yesterday. Companies in the sector include JinkoSolar (JKS) Trina Solar (TSL) Canadian Solar (CSIQ),, Yingli Green Energy (YGE), and JA Solar (JASO). Reference Link
March 17, 2015
08:10 EDTJKSJinkoSolar estimates Shangrao city workshop fire damages RMB500.000-RMB1M
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