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Stock Market & Financial Investment News

News Breaks
July 30, 2014
06:28 EDTJKSJinkoSolar to receive $225M private equity investment led by CDBI
JinkoSolar Holding announced that China Development Bank International, or CDBI, the Macquarie Greater China Infrastructure Fund, or MGCIF, and New Horizon Capital have agreed to invest a total of $225M in the company's downstream solar power project business. JinkoSolar Power Engineering Group, a wholly-owned subsidiary of JinkoSolar that develops and operates its downstream solar power project business, entered into separate definitive share purchase agreements with each of CDBI, MGCIF and New Horizon. Under the subscription agreements, CDBI, MGCIF and New Horizon have agreed to invest a total of $225M in Jinko Power. Upon completion of the investment and the company's additional capital contribution to Jinko Power, the three investors will hold a total of approximately 45% of Jinko Power's equity interest.
News For JKS From The Last 14 Days
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May 27, 2015
15:30 EDTJKSNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Toronto-Dominion Bank (TD), consensus $1.11... Signet Jewelers (SIG), consensus $1.63... Flowers Foods (FLO), consensus 30c... Tech Data (TECD), consensus 71c... Sanderson Farms (SAFM), consensus $3.32... Express (EXPR), consensus 14c... Abercrombie & Fitch (ANF), consensus (34c)... Descartes Systems Group (DSGX), consensus 6c... JinkoSolar (JKS), consensus 40c... Fred's (FRED), consensus (1c)... Xcerra (XCRA), consensus 7c... Titan Machinery (TITN), consensus (22c).
15:13 EDTJKSJinkoSolar June volatility elevated into Q1 and outlook
JinkoSolar June call option implied volatility is at 61, July is at 56; compared to its 52-week range of 49 to 100, suggesting large near term price movement into the expected release of Q1 results on May 28.
May 26, 2015
07:04 EDTJKSJinkoSolar production facility in Malaysia begins operations
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May 18, 2015
07:08 EDTJKSJinkoSolar to supply 50 MW of solar panels to Tegnatia for projects in Turkey
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07:01 EDTJKSJinkoSolar to supply 50MW of solar panels to Tegnatia
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