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Stock Market & Financial Investment News

News Breaks
January 27, 2014
06:14 EDTSHCAYSharp to construct solar power plant in Thailand
Sharp has signed an agreement with SSP of Thailand to construct a 52 MW-dc large-scale solar power generation plant in that country. Construction will begin in January, with operations scheduled to start by the end of 2014. The plant will be operated by power producer SSP, which earlier placed a construction order for the project with Sharp, ITE, and ITD. Sharp will collaborate on the design and construction of the plant and will also supply the solar modules and balance of plant for it. When the new plant comes online, the total amount of power generation capacity of Sharp solar power plants in Thailand will exceed 150 MW. Reference Link
News For SHCAY From The Last 14 Days
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February 8, 2016
18:37 EDTSHCAYINCJ ready to strike deal with Sharp if Foxconn talks fail, Nikkei says
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February 5, 2016
06:16 EDTSHCAYFoxconn CEO: Should reach Sharp deal in next 2-3 weeks, Reuters reports
Foxconn (HNHPF) should be able to reach an agreement to purchase Sharp (SHCAY) over the next 2-3 weeks, after the two companies reach a consensus on most points at a Friday meeting, Reuters reports, citing Foxconn CEO Terry Gou. Foxconn officially has been granted preferred negotiating rights, the report says, citing comments from Gou to reporters. Reference Link
February 4, 2016
19:44 EDTSHCAYSharp selects Foxconn as preferred bidder after $5.6B offer, Reuters says
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06:01 EDTSHCAYSharp leaning toward acquisition offer from Foxconn, NY Times reports
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February 3, 2016
10:39 EDTSHCAYActivist fund urges Sharp to be more transparent over bailout pick, Reuters says
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January 31, 2016
20:22 EDTSHCAYInnovation Network mulling solar integration of Sharp, Showa, Nikkei says
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18:39 EDTSHCAYFoxconn chairman: Sharp to decide on offer next week, Bloomberg says
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January 29, 2016
07:39 EDTSHCAYFoxconn set to raise offer for Sharp, FT reports
Foxconn (HNHPF) is set to raise its bid for Sharp (SHCAY) to JPY700B from JPY625B, the Financial Times reports, citing a person with knowledge of the plan. Foxconn founder and chairman Terry Gou is anticipated to submit the new offer to Sharp at its headquarters in Osaka over the weekend with promises to invest further in Sharp's technology, the report says. Reference Link
January 28, 2016
12:57 EDTSHCAYINCJ wants Sharp president, chairman, CFO to resign, Nikkei reports
The Innovation Network Corp. of Japan, which is proposing to inject capital into Sharp, wants the company's president, chairman, and CFO to resign as a condition of the capital aid, Nikkei reports. INCJ wants to appoint the majority of Sharp's board, raising the possibility of an outside hire taking the top spot, the report says. Reference Link
January 27, 2016
06:27 EDTSHCAYFoxconn details Sharp bid, Reuters reports
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