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Stock Market & Financial Investment News

News Breaks
January 9, 2013
12:44 EDTECL, DGIT, YGE, ASTX, NIHigh option volume; NI YGE ECL ASTX DGIT
News For NI;YGE;ECL;ASTX;DGIT From The Last 14 Days
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September 3, 2015
09:38 EDTECLEcolab to host investor day
Investor Day to be held in St. Paul, MN on September 10 at 9 am.
07:07 EDTYGEYingli Green Energy forms joint venture for large solar projects in West Africa
Yingli Green Energy's wholly owned subsidiary, Yingli Green Energy Europe, and Namene Energy International, a renewable energy solutions developer focused on West Africa, have formed a new joint venture, Yingli Namene West Africa Limited. The JV aims to develop a total of 100 MW of utility-scale solar projects and up to 50 MW of commercial rooftop projects in Ghana and neighboring countries over the coming years and Yingli Europe will serve as the JV's preferred solar panel supplier. Yingli Namene West Africa Limited will be headquartered in Accra, Ghana, and its first utility-scale projects are already under development. Construction is expected to start in 2017.
August 28, 2015
07:12 EDTECLWilliam Blair names 21 stocks best positioned for volatile markets
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06:14 EDTYGEYingli Green Energy reports preliminary Q2 PV module shipments 720 MW-730 MW
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August 25, 2015
11:41 EDTYGESolarCity rises again after Chairman Musk buys shares
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August 24, 2015
16:46 EDTYGEPresident Obama announces new renewable energy commitments
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11:09 EDTYGEGoldman says SolarCity attractive after sharp pullback
SolarCity (SCTY) shares are climbing in the down market after Goldman Sachs contended in a note to investors today that the stock is attractive following its recent sharp retreat, The company probably won't be affected by issues that are causing investors to worry about the solar sector, the firm believes. WHAT'S NEW: Noting that SolarCity's stock had tumbled 27% in the last month before today's open, Goldman Sachs analyst Brian Lee wrote that the shares are being dragged down by worries about financing and cost of capital that are affecting the entire solar sector. However, he contended that these issues are having only a "limited" impact on SolarCity. On August 13, the company successfully sold asset-backed securities and it said that more such sales are likely to occur in the near-term, Lee noted. Meanwhile, SolarCity isn't being affected by the cost of capital increases that other solar companies are experiencing, the analyst reported. Before today's open, the stock was near a two year low, even though SolarCity's fundamentals are still "strong," Lee believes. Additionally, the largest U.S. solar trade show, which is expected to begin on September 14, could boost solar stocks, as it has historically been a catalyst for the sector, the analyst stated. SolarCity may provide guidance about the outlook for its Silevo solar panel manufacturing subsidiary in the second half of 2015, and the guidance could boost the stock, Lee believes. The risk/reward ratio of SolarCity's stock is positive, according to the analyst, who has a Conviction List Buy and $85 price target on the shares. OTHERS TO WATCH: Other publicly traded companies in the solar space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunEdison (SUNE), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). PRICE ACTION: In late morning trading, SolarCity advanced 5.3% to $43.18.
August 21, 2015
10:02 EDTYGEOn The Fly: Analyst Initiation Summary
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08:18 EDTYGEYingli Green Energy initiated with a Sell at Axiom
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06:56 EDTYGESolar companies spending $1B in Texas projects, WSJ says
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