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Stock Market & Financial Investment News

News Breaks
March 14, 2013
07:01 EDTTSL, CSIQ, SCTY, STP, SPWR, JASO, YGE, ESLR, LDK, SWI, FSLRU.S. solar energy installations jumped in 2012, NY Times says
The amount of new solar energy capacity installed in the U.S. jumped 76% last year versus 2011, the Solar Energy Industries Association, the industry's main trade group, will report later today, according to The New York Times. The jump was fueled by an oversupply of cheaper solar panels made in China, the newspaper explained. Reference Link
News For SCTY;SWI;JASO;CSIQ;LDK;SPWR;TSL;ESLR;STP;FSLR;YGE From The Last 14 Days
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June 19, 2013
07:52 EDTTSLTrina Solar management to meet with Deutsche Bank
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June 18, 2013
10:31 EDTTSLTrina Solar management to meet with Deutsche Bank
Meeting to be held in New York / San Francisco on June 18 hosted by Deutsche Bank
09:15 EDTSTP, JASO, YGE, SPWR, CSIQ, SCTY, TSL, FSLR, LDKChina to generate more heat using solar energy, China Daily says
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09:02 EDTSTPSuntech subsidiary granted definitive moratorium
Suntech announced that Suntech Power International, the company's principal operating subsidiary in Europe, has been granted a definitive moratorium on creditor claims from the judicial authorities in Schaffhausen, Switzerland. The moratorium is for a six month period and may be extended thereafter. Previously, on April 9, SPI had been granted a provisional moratorium for two months on creditor claims as a result of over-indebtedness. The majority of SPI's debt is Suntech inter-company debt. Other than the insolvency and restructuring of Suntech Holdings' Chinese subsidiary Wuxi Suntech Power and the SPI composition proceedings, Suntech Holdings is not aware of any similar proceedings regarding any of its other entities.
08:56 EDTSCTYSolarCity sees FY13 megawatts deployed to be 270 MW
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06:26 EDTSCTYSolarCity files to sell $175M of convertible senior notes due 2018
June 17, 2013
12:29 EDTLDK, STP, YGE, TSLOn The Fly: Midday Wrap
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12:03 EDTFSLRStocks with call strike movement; CLF FSLR
Cliffs Natural (CLF) August 20 call volatility increased 2% to 63, First Solar (FSLR) July 52.5 call option implied volatility decreased 2% to 65 according to IVolatility.
11:55 EDTCSIQHigh option volume stocks: SPHG CSIQ TS GAME CRZO
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11:45 EDTSCTYSolarCity mentioned cautiously by a Seeking Alpha blog
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10:40 EDTYGE, LDK, TSL, STPSolar 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.
10:18 EDTYGEYingli Green to launch new solar projects in China, Clean Technica says
China's Yingli Solar will develop solar plants generating 3 GW of power by 2016 in southern China, as part of a deal with local governments in the area, according to Clean Technica. Reference Link
09:38 EDTCSIQCanadian Solar price target raised to $25 from $6.90 at Nomura
Shares are Buy rated.
June 15, 2013
15:50 EDTFSLR, SPWR, STP, TSL, CSIQ, YGE, JASO, SCTY, LDKChina to boost solar industry with easier financing, Bloomberg says
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June 14, 2013
13:27 EDTCSIQCIM Holdings reports 7.8% passive stake in Canadian Solar
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11:28 EDTFSLRStocks with call strike movement; APOL FSLR
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10:10 EDTSCTYOn The Fly: Analyst Upgrade Summary
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09:38 EDTSCTYSolarCity rises following upgrade, levels to watch
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09:24 EDTSCTYOn The Fly: Pre-market Movers
HIGHER: Groupon (GRPN), up 8% following upgrade at Deutsche Bank... SolarCity (SCTY), up 8% following upgraded to Outperform from Neutral at Credit Suisse... Smith & Wesson (SWHC), up 5.4% after earnings pre-announcement, share buyback plan... Elan (ELN), up 7.7% after starting formal sale process. UP AFTER EARNINGS: Restoration Hardware (RH), up 12.5%. LOWER: China Ming Yang Wind Power (MY), down 4% after CFO steps down... Myriad Genetics (MYGN), down another 4.9% after Supreme Court ruling yesterday on gene patents... News Corp. (NWSA), down 1.5% after CFO announces plan to retire following split.
06:23 EDTSCTYSolarCity upgraded to Outperform from Neutral at Credit Suisse
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