News Breaks |
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| December 12, 2012 |
| 10:44 EDT |  | LDK, C | LDK Solar continues to implement liquidity, working capital plan
LDK Solar (LDK) continues to work to address the liquidity and working capital concerns previously disclosed in our Annual Report on Form 20-F for the year ended December 31, 2011, originally filed with the SEC on May 15, 2012. In order to achieve a positive result, it has entered into discussions with certain creditors to obtain additional flexibility with respect to the terms and conditions of its existing offshore indebtedness. We have engaged Citigroup (C) to assist in this process. |
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News For LDK;C From The Last 14 Days Check below for free stories on LDK;C the last two weeks. |
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| June 18, 2013 |
| 16:00 EDT |  | C | Options Update; June 18, 2013
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| 09:15 EDT |  | LDK | China to generate more heat using solar energy, China Daily says
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| 07:29 EDT |  | C | Securities Industry and Financial Markets Association to host a conference
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| June 17, 2013 |
| 16:00 EDT | | C | Options Update; June 17, 2013
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| 14:27 EDT | | C | Citigroup May net charge-offs 3.00% vs. 3.11% last month
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| 14:20 EDT | | C | Criminal charges likely in Libor case, WSJ reports
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| 12:29 EDT |  | LDK | On The Fly: Midday Wrap
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| 10:40 EDT | | LDK | Solar stocks jump after China backs industry
Chinese solar energy stocks are jumping after the Chinese government ordered power producers and lenders to provide more support to the industry. WHAT'S NEW: China's government announced that electric grid companies should give priority to obtaining power from solar plants, Bloomberg reported on Saturday. Lenders must help Chinese solar companies raise money, the news service also quoted the government as saying. TODAY'S PRICE ACTION: In mid-morning trading, LDK Solar (LDK) rallied 9.5% to $1.50, Suntech Power (STP) jumped 7% to $1, Trina Solar (TSL) surged 7% to $6.35. Yingli Green jumped 10% to $3.18, and Jinko Solar (JKS) climbed 7% to $9.40. WHAT'S NOTABLE: The EU has imposed high tariffs on Chinese solar companies, as it has accused the companies of selling solar panels at artificially low prices. Some EU countries have said that the dispute with China should be resolved quickly. |
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| June 15, 2013 |
| 15:50 EDT | | LDK | China to boost solar industry with easier financing, Bloomberg says
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| June 13, 2013 |
| 09:37 EDT | | C | Active equity option families trading on open
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| 07:05 EDT |  | C | Citigroup credit quality trends increase confidence, says Credit Suisse
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| 06:26 EDT | | LDK | IHS: Europe solar installations to fall to 11.6GW in 2013, DigiTimes says
Europe solar installations are expected to fall by more than 6GW in 2013, reports DigiTimes, citing IHS. Anti-dumping duties on China-made modules is expected to cause 1.3GW of that decline. Reference Link |
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| 05:52 EDT | | C | Bank seizures of U.S. homes increased in May, Reuters reports
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| June 12, 2013 |
| 16:02 EDT | | C | Options Update; June 12, 2013
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| 13:09 EDT | | LDK | IHS still expects solar installations to grow by at least 10% this year
European photovoltaic installations are forecast to fall by more than 6 gigawatts, or GW, in 2013, with 1.3 GW of this decline attributed to incoming EU anti-dumping duties on Chinese modules according to a recently released analysis from IHS, the firm disclosed yesterday. Despite this dramatic fall, IHS still predicts global installations will grow at a double-digit rate to 35 GW in 2013 driven by a surge in demand in Asia. In its latest quarterly analysis on global photovoltaic installation demand, IHS cut has cut its forecast for the second half of 2013 in Europe by more than 1.3 GW, citing the anti-dumping tariffs that came into force on June 6. As a result of these duties, and several other factors, including changes to incentive systems, IHS predicts total European PV installations will fall to 11.6 GW in 2013, down 33 percent from 17.7 GW in 2012.Reference Link |
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| 08:20 EDT | | C | Citigroup says to provide up to EUR200M trade financing to support Greece
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| 06:41 EDT | | C | Firm says JPMorgan was top investment bank in Q1, Reuters reports
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| 05:58 EDT | | C | Some major banks get two year delay on swap rule, WSJ reports
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| June 11, 2013 |
| 18:35 EDT | | C | Banks given extension to spin off swaps units, WSJ reports
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| 11:46 EDT | | LDK | Solar names fall after LDK highlights polysilicon price weakness
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