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Stock Market & Financial Investment News

News Breaks
May 23, 2014
09:06 EDTSCTYSolarCity expands Massachusetts operations to South Shore
SolarCity is expanding its Massachusetts operations with a new 7,500 square foot South Shore Operations Center in Pembroke. Massachusetts Secretary of Energy and Environmental Affairs Rick Sullivan, CEO of the Massachusetts Clean Energy Center Alicia Barton, State Representative Josh Cutler and State Representative Viriato deMacedo were among the officials on hand to celebrate the expansion. The new operations center— SolarCity's second in Massachusetts—brings new jobs to the area and allows the company to keep pace with growing solar demand in the southeastern part of the state. SolarCity allows Massachusetts homeowners and businesses to immediately pay less for solar electricity than they pay for utility power. The expansion means a significant number of new jobs for the area. SolarCity currently has more than 60 open positions for the new facility—and 100 open positions across the state. Open positions include installers, sales, electricians and engineers.
News For SCTY From The Last 14 Days
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October 22, 2014
09:53 EDTSCTYCredit Suisse Events at Solar Power International
Credit Suisse holds meetings in Las Vegas in conjunction with the Solar Power International Conference include ENPH, TSL, CSIQ, SCTY, JASO, HSOL and STRI on October 22.
October 20, 2014
11:05 EDTSCTYSolarCity appoints Jonathan Beamer as Chief Marketing Officer
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07:19 EDTSCTYJPMorgan says recent sell-off in solar space unjustified
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October 15, 2014
08:23 EDTSCTYSolarCity offers Solar Bonds to investors
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08:07 EDTSCTYSolarCity files automatic mixed securities shelf
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October 13, 2014
10:58 EDTSCTYSolarCity volatility elevated on wide price movement
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08:03 EDTSCTYSolarCity lowered pricing in California, says JPMorgan
JPMorgan says SolarCity lowered its pricing in California, implementing a fixed price of 15c per watt, down from a prior average of 17c. To reflect the change, SolarCity dropped the NPV of its average new residential deployment to $1.75 per watt from $2.19 historically, the firm notes. JPMorgan cut its Retained Value estimates and dropped its price target for SolarCity shares to $74 from $83. The firm believes the price change could be tied to the proposed compression of rate tiers in 2015, allowing the company to address a larger market. It keeps an Overweight rating on SolarCity.

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