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Stock Market & Financial Investment News

News Breaks
June 18, 2014
06:15 EDTSCTYSolarCity planning to build solar panel plant in New York state, FT reports
SolarCity is planning to build a solar panel plant in New York state, which is intended to produce over 1,000 megawatts of panels per year within two years, the Financial Times reports. The company, which is backed by Elon Musk, is planning to build "significantly larger" plants to meet demand growth. Reference Link
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December 18, 2014
09:13 EDTSCTYSolarCity expands operations to Western Massachusetts
SolarCity is expanding its solar service to Western Massachusetts with a new operations center in Agawam. The new operations center is its fourth in Massachusetts. SolarCity will initially offer service to customers of National Grid and Western Massachusetts Electric in the region. There are approximately 30 staff working out of the Western Massachusetts operations center today and the company plans to fill an additional 50 positions for the facility.
07:13 EDTSCTYSolarCity, Canadian Solar called top 2015 solar picks at JPMorgan
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December 16, 2014
08:48 EDTSCTYSolarCity reiterated as a top pick at Goldman
Goldman reiterated SolarCity as a Conviction Buy and a top pick with an $88 price target given secular growth potential and its disruptive business model. The analyst said SolarCity's near-term improving cash flow visibility is underappreciated and sees significant upside to shares.

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