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Stock Market & Financial Investment News

News Breaks
June 25, 2014
08:54 EDTSPWR, SCTYSunPower price target raised to $48 from $42 at RW Baird
Baird raised its price target on SunPower (SPWR) to $48 from $42 as they believe SolarCity's (SCTY) move upstream validates the company's business model. The firm also believes SunPower is best positioned for domestic and international growth in the intermediate term and has the potential to spin-off its residential business. Baird keeps its Outperform rating on the stock.
News For SPWR;SCTY From The Last 14 Days
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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 17, 2014
16:12 EDTSPWRSunPower announces exclusive agreement with Sunverge
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06:36 EDTSPWRU.S. announces tariffs on Chinese, Taiwanese solar companies, NY Times says
The U.S. announced that it would impose tariffs of 26.7%-78.4% on the imports of most Chinese made solar panels, and tariffs of 11.45%-27.5% on solar cells made in Taiwan, according to The New York Times. Duties of 27.6%-50% will be imposed on modules made in China, the newspaper quoted the Commerce Department as saying. American officials still hope that they can reach a settlement with the Chinese on solar trade issues, the newspaper stated. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
December 16, 2014
09:59 EDTSPWROn The Fly: Analyst Upgrade Summary
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09:16 EDTSPWROn The Fly: Pre-market Movers
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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.
08:09 EDTSPWRSunPower upgraded at Morgan Stanley
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06:34 EDTSPWRSunPower upgraded to Overweight from Equal Weight at Morgan Stanley
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December 15, 2014
10:10 EDTSPWRSolar stocks could be volatile ahead of ITC/ITA decisions, says Brean Capital
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08:04 EDTSPWRSunPower invests $20M in Tendril
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