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Stock Market & Financial Investment News

News Breaks
September 27, 2012
07:17 EDTSHCAY, STP, ESLR, FSLR, CSIQ, SPWR, YGE, LDK, JASO, TSLSharp to withdraw from solar production in U.S, Europe, FT reports
Under a new turnround plan approved by its banks, Sharp (SHCAY) plans to withdraw from production of photovoltaic modules in the U.S. and Europe and concentrate its production in Japan, according to Financial Times, citing sources. Reference Link
News For SHCAY;JASO;LDK;YGE;SPWR;CSIQ;FSLR;ESLR;STP;TSL From The Last 14 Days
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May 23, 2013
11:40 EDTFSLRStocks with call strike movement; FSLR AMD
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May 22, 2013
16:25 EDTSPWR, TSLOn The Fly: Closing Wrap
Stocks on Wall Street were sharply lower following a day where the Fed dominated the news. The averages were higher early in the session as Fed Chairman Ben Bernanke testified in front of Congress. However, the averages crossed into negative ground as Bernanke's comments on the potential for future QE tapering were digested. The selling accelerated in the late hours of the session following the release of the minutes from the Fed's last FOMC meeting. ECONOMIC EVENTS: In the U.S., Federal Reserve Chairman Ben Bernanke delivered testimony before the Joint Economic Committee of Congress, stating that premature tightening of monetary policy would carry a "substantial risk" of slowing or ending the economic recovery. Bernanke, however, also said the central bank could begin winding down its bond-buying program at one of its "next few meetings" if the economy continues to improve. The FOMC minutes, released at 2:00 pm ET, indicated that some committee members expressed a willingness to adjust assets purchases, though some disagreement existed over what economic data would be needed to begin such a program. The minutes also said some members might want to cut asset purchases by as soon as June. The National Association of Realtors said existing home sales advanced 0.6% to an annual rate of 4.97M units in April, which was the highest level since November 2009 but still below expectations for a rise to a 4.99M-unit rate. COMPANY NEWS: Target (TGT) shares lost $2.86, or 4.01%, to $68.40 after the company's first quarter report, which it called "disappointing." The company also cut its full-year earnings and same-store sales views. MAJOR MOVERS: Among notable gainers was Saks (SKS), up $1.83, or 13.39%, to $15.50 after the New York Post said the company hired Goldman Sachs (GS) to explore strategic alternatives and Bloomberg said KKR (KKR) was considering a stake in the luxury retailer. Also higher following its better-then-expected quarterly results was Zale (ZLC), which advanced $1.20, or 22.22%, to $6.60. Among noteworthy losers were a number of Solar stocks, including Trina Solar (TSL), down $1.07, or 14.9%, to $6.11, and SunPower (SPWR), down $1.81, or 8.62%, to $19.19 after China's Xinhua news agency said early talks between Europe and China to resolve their fight over solar panel trade rules had failed. Also lower was SolarWinds (SWI), down $6.57, or 13.71%, to $41.34 after the company said it will acquire N-able for $120M and its shares were downgraded at research firm Pacific Crest. INDICES: The Dow was down 80.41, or 0.52%, to 15,307.17; the Nasdaq was down 38.82, or 1.11%, to 3,463.30; and the S&P 500 was down 13.81, or 0.83%, to 1,655.35.
13:35 EDTYGE, TSL, ESLR, FSLR, SPWR, STP, CSIQ, JASO, LDKCautious solar note, SolarCity lock-up highlighted by CNBC's Greenberg
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12:20 EDTTSLOn The Fly: Midday Wrap
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12:07 EDTFSLRStocks with call strike movement; FSLR AMD
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10:01 EDTSPWR, JASO, FSLR, ESLR, LDK, YGE, CSIQ, TSL, STPEarly talks over China-EU solar panel dispute fail, Xinhua says
First-round talks to ease the current solar panel trade fight between China and the European Union have failed, reported Xinhua, citing Chinese trade body sources. Reference Link
08:05 EDTTSLTrina Solar to host business news update conference call
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07:30 EDTFSLRFirst Solar seeks partners in India, Economic Times reports
First Solar has described the Indian market as attractive and big for solar power, and says it's looking for partnerships to strengthen its business, reports the Economic Times. Reference Link
07:10 EDTSHCAYSamsung, LG TV screen troubles benefit Sony, Sharp, Bloomberg reports
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06:26 EDTFSLR, TSL, YGE, ESLR, CSIQ, LDK, JASO, SPWR, STPIHS: Solar industry CapEx down 36% in 2013, Digitimes says
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06:02 EDTSHCAYOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
May 21, 2013
12:00 EDTYGEYingli Green rises 21.6%
Yingli Green is up 21.6%, or 67c, to $3.77
11:57 EDTFSLRStocks with call strike movement; FSLR AMD
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11:34 EDTJASO, YGE, TSLHigh option volume stocks: JASO YGE WMB AMTD TSL
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10:44 EDTJASOJA Solar June volatility elevated at 126, shares at 14-month high
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10:29 EDTFSLR, TSLSolar channel checks don't support bullishness of stocks, says Raymond James
Raymond James said feedback from solar channel checks rare is not as enthusiastic as excessive bullishness being exhibited by the stocks. First, the firm said European purchases of Chinese modules have dried up due to industry speculation of an upcoming EU tariff ruling; second, feedback suggests U.S. project developers are capital constrained; and third, there is a lack of industry rationalization.
10:02 EDTFSLRFirst Solar May weekly volatility elevated at 92 on sharp rally
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10:00 EDTYGEYingli Green rises 34.8%
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09:57 EDTTSLTrina Solar spikes higher with peers, levels to watch
Solar Energy stocks are hot once again today, with high volumes and extreme price spikes and swings. At the current price of $7.87, the stock is up over 16%. At that price, next resistance is at $8.47, the high of the session and the new 52-week high. Support is at $7.40, the session low.
09:55 EDTFSLRFirst Solar rises with rest of group, levels to watch
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