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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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April 15, 2014
10:00 EDTSHCAYOn The Fly: Analyst Downgrade Summary
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05:28 EDTSHCAYSharp downgraded to Underperform from Hold at Jefferies
Jefferies downgraded Sharp to Underperform citing the risks of another potential share issuance. The firm lowered its price target for shares to $2.30 from $3.10.
April 14, 2014
07:07 EDTSHCAYSharp mulls another share offering, could raise $1.97B, Reuters says
Sharp is contemplating another issue of new shares that could raise nearly $1.97B to replenish its depleted capital base, according to Reuters, citing a report from Japan's Asahi newspaper. Reference Link

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