New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 30, 2013
09:57 EDTJKS, TSL, YGE, LDK, SOLReneSola advances after results, guidance beat expectations
Shares of Chinese solar energy company ReneSola (SOL) are climbing after the company reported stronger than expected results. WHAT'S NEW: ReneSola's second quarter loss was lower than expected and its revenue also beat expectations. Moreover, the company provided third quarter revenue guidance that was significantly above expectations. "Our focus on improving our selling prices and enhancing the market profile of our products led to increased shipments and a positive gross margin of over 7%," said ReneSola CEO Xianshou Li in a statement. "Despite what remains a challenging macro environment and a fiercely competitive solar industry, we are optimistic our investments will set us up for long-term growth and continued geographic expansion," the CEO added. PRICE ACTION: In early trading, ReneSola surged 43c, or 9.8%, to $4.83. The stock is well off its daily high of $5.11, however. OTHERS TO WATCH: Yingli Green (YGE), which also reported its own results this morning and backed its fiscal year module shipment target, rose 3% to $4.30. Other Chinese solar companies also advanced, with JinkoSolar (JKS) rallying 4.5% to $15.90, LDK (LDK) advancing 1.3% to $1.55, and Trina Solar (TSL) adding 1% to $9.50.
News For SOL;YGE;JKS;LDK;TSL From The Last 14 Days
Check below for free stories on SOL;YGE;JKS;LDK;TSL the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 23, 2014
16:53 EDTYGEYingli Green Energy files to sell 25M ADSs
Subscribe for More Information
April 21, 2014
08:13 EDTYGEYingli Green Energy to cooperate with local module manufacturer in France
Subscribe for More Information
April 17, 2014
07:09 EDTTSLTrina Solar announces grid connection for 23.8MW PV projects in United Kingdom
Subscribe for More Information
April 16, 2014
07:04 EDTJKSJinkoSolar connects two solar PV projects totaling 39MW in Jiangsu Province
JinkoSolar announced that its 24MW solar PV power plant in Xinyi, Jiangsu Province and 15MW solar PV power plant in Lianyungang, Jiangsu Province were successfully connected to the grid. The company has so far successfully connected to the grid for more than 252 MW of solar PV power projects. The 24MW Xinyi and 15MW Lianyungang power plants were granted blended 20-year subsidies of 1.125 RMB/KWh and 1.1 RMB/KWh, respectively, including subsidies from the local government.
05:34 EDTYGEYingli Green Energy signs cooperation agreement with Shanghai Sailing Capital
Subscribe for More Information
April 14, 2014
07:37 EDTYGEYingli Green Energy subsidiary to sell at least 300MW solar energy systems
Subscribe for More Information
April 11, 2014
16:03 EDTTSLTrina Solar still sees FY14 module shipments 3.6GW-3.8GW
Subscribe for More Information
16:02 EDTTSLTrina Solar sees Q1 solar module shipments 540MW-570MW had seen 670MW-700MW
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use