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Stock Market & Financial Investment News

News Breaks
August 5, 2014
15:18 EDTSPWR, VLKAYSunPower partners with Volkswagen to provide residential solar energy solutions
As part of Volkswagen's (VLKAY) efforts to deliver an ultra-low-carbon car, the company is working with SunPower (SPWR) to provide qualified U.S. Volkswagen e-Golf customers the opportunity to install a high performance SunPower solar system. A residential SunPower system can help customers save on annual household electricity costs as well as power their electric vehicle, reducing overall cost of ownership, according to Volkswagen. Volkswagen Group of America is SunPower's first automotive partner whose customers will receive premier access to an energy storage solution from SunPower for a limited time once it becomes commercially available.
News For SPWR;VLKAY From The Last 14 Days
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October 1, 2014
10:16 EDTVLKAYVolkswagen reports September U.S. sales down 18.6% to 25,996 units
Volkswagen of America reported 25,996 units delivered in September, which was down 18.6% from the same month of last year.
06:35 EDTVLKAYVW testing three potential concepts for new Bugatti, Bloomberg says
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06:15 EDTSPWRLatin America & Carribean to install 9GW of solar PV in 5 years, DigiTimes says
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September 26, 2014
08:03 EDTVLKAYVolkswagen recalls 2013 Audi Q7s due to engine valve defect
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September 25, 2014
12:42 EDTVLKAYFord executive sees 2015 U.S. auto sales between 16.8M-17.5M
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September 24, 2014
08:53 EDTSPWRCanadian Solar, JA Solar, and SunPower remain top picks at Northland
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07:10 EDTVLKAYVolkswagen experiencing labor, root problems in Wolfsburg plant, Reuters says
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September 23, 2014
13:27 EDTSPWRSolar names rally after analyst sees China hitting target
Shares of solar energy companies are climbing after research firm Canaccord issued a positive note on the sector. WHAT'S NEW: After touring parts of Asia, Canaccord analyst Josh Baribeau wrote that he continues to believe that the Asian solar market is "strong and poised to tighten." Following a slow start, China is likely to hit its "aggressive" goal of installing 13 gigawatts of solar energy systems this year, driven by its recent policy changes, Baribeau stated. Moreover, the country will probably be "a resilient" market in coming year, the analyst added. Other markets are also staying strong, and demand and prices for solar components are likely to tighten with supply growing at a limited rate, Baribeau believes. The analyst remains upbeat about Canadian Solar's (CSIQ) project pipeline, contending that the company has been more successful in making deals overseas than its Chinese peers. He raised his price target on the shares to $48 from $44 while keeping a Buy rating on the stock. Canadian Solar is based in Canada but has manufacturing facilities in China. PRICE ACTION: In mid-afternoon trading, Canadian Solar climbed 2.5% to $38.50. Among Chinese solar companies, JinkoSolar (JKS) rose 2% to $31, Trina Solar (TSL) gained 1.5% to $14, and China Sunergy (CSUN) advanced 1.5% to $3.10. Among American solar companies, First Solar (FSLR) gained 1% to $68 and SunPower (SPWR) rose 1% to $35.
08:24 EDTVLKAYBorgWarner providing friction technology for Volkswagen's DQ 400e transmission
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September 22, 2014
06:36 EDTVLKAYVolkswagen aims for increased margins with China-only car, Reuters says
Volkswagen (VLKAY) is poised to initiate a new luxury sedan intended only for its consumers in China next year in an effort to increase its margins, according to Reuters, citing two people with knowledge of the plan. The launch could position the automaker to be in a direct rivalry with its Audi (AUDVF) brand. Reference Link
September 19, 2014
06:41 EDTSPWRGlobal solar cell demand in 2014 estimated at 40GWp, DigiTimes says
Taiwan-based makers expect global solar cell demand in 2014 is estimated at 40GWp, reports DigiTimes. Of that amount, 11GWp will be in China, 8GWp in Europe, 7GWp in Japan, 5GWp in US and 1.3GWp in India. According to the sources, China- and Taiwan-based makers together have a total annual capacity of 39-42GWp in 2014, enough to meet global demand. 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
September 18, 2014
07:21 EDTSPWRSolarbuzz: Five APAC markets to have 60% of solar PV demand, DigiTimes says
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06:35 EDTVLKAYUAW plans to again negotiate for Volkswagen plant workers in Tennessee, WSJ says
The United Auto Workers union plays to again negotiate for some manufacturing workers at Volkswagen's (VLKAY) Tennessee auto assembly although it was rejected in a February organizing vote, reports the Wall Street Journal. The labor union said roughly 750 workers have joined the recently formed union local in Chattanooga, Tennessee. Reference Link

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