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Stock Market & Financial Investment News

News Breaks
April 28, 2014
07:06 EDTJKSJinkoSolar signs 21.09MW solar PV module supply agreement in China
JinkoSolar Holding announced that it has signed a 21.09MW solar PV module supply agreement with Nan Xin Solar, a subsidiary of China Southern Power Grid, for a distributed roof-top project located in Foshan, Guangdong Province. Located in San Shui Park, Foshan Hi-tech Industrial Development Zone, the project will be using 84859 JinkoSolar high-efficiency modules. Delivery is expected to begin in May. Nan Xin Solar is the owner and investor for the project.
News For JKS From The Last 14 Days
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March 6, 2015
07:05 EDTJKSJinkoSolar signs five-year RMB 3B strategic financing agreement
JinkoSolar announced that it has entered into a five-year RMB 3B strategic financing agreement with China Minsheng Banking Corp. According to the terms of the agreement, CMBC has agreed to provide financing support of an aggregate amount up to RMB 3B over a five-year period. CMBC'S financial services will include but are not limited to project finance, merger and acquisition finance, supply chain finance, bridge loans, letters of guarantee and related trade finance. In addition to downstream project financing, the agreement will also cover working capital finance and foreign currency cash pool management for JinkoSolar's domestic and overseas subsidiaries, allowing the Company to optimize its debt structure, and reduce financial costs.
March 3, 2015
09:04 EDTJKSSolar stocks could benefit from developments in China, says Roth Capital
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March 2, 2015
09:22 EDTJKSOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Amira Nature Foods (ANFI), up 8.6%... Stratasys (SSYS), up 3.6%... Magnum Hunter (MHR), up 3%. ALSO HIGHER: Mavenir Systems (MVNR), up 19.1% after Mitel (MITL) agrees to acquire Mavenir Systems for $560M... Athersys (ATHX), up 19.7% following license agreement and collaboration with Chugai... OHR Pharmaceutical (OHRP), up 11.4% following additional positive data from OHR-102 IMPACT study... NXP Semiconductors (NXPI), up 14% following merger agreement with Freescale Semiconductor (FSL). Freescale Semiconductor is up 9.1%... Mast Therapeutics (MSTX), up 7.7% following positive results from Vepoloxamer study. DOWN AFTER EARNINGS: JinkoSolar (JKS), down 4.7%... Scorpio Tankers (STNG), down 4.5%. ALSO LOWER: Lumber Liquidators (LL), down 24.2% following CBS' 60 Minutes says that the company is linked to health and safety violations... Aruba Networks (ARUN), down 1.7% after HP (HPQ) confirms deal to acquire Aruba Networks for $24.67... Pacira Pharmaceuticals (PCRX), down 14.4% after receiving complete response letter from FDA for sNDA in use of Exparel... 500.com (WBAI), down 14.4% after announcing that temporary suspension will adversely impact financial results.
07:13 EDTJKSJinkoSolar sees FY15 total solar module shipments 3.3-3.8 GW
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07:12 EDTJKSJinkoSolar sees Q1 total solar module shipments 710-780 MW
For the first quarter of 2015, the company estimates total solar module shipments to be in the range of 710 MW to 780 MW, which includes 550 MW to 600 MW module shipments to third parties and 160 MW to 180 MW for its own downstream projects. Revenues will not be recognized for the modules shipped to its own downstream projects as required by U.S. GAAP.
07:12 EDTJKSJinkoSolar reports Q4 total solar product shipments amounted to 838.2 MW
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07:12 EDTJKSJinkoSolar reports Q4 non-GAAP EPS $1.00, consensus 87c
Reports Q4 revenue $478.9M, consensus $488.73M
February 27, 2015
06:40 EDTJKSJinkoSolar volatility elevated into Q4 and outlook
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