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News Breaks
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January 27, 2012
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| 07:50 EDT |  | STP, TSL |
| theflyonthewall.com: | China's use of solar panels may absorb excess production, Businessweek reports | | Suntech Power Holdings (STP) CEO Zhengrong Shi and Trina Solar (TSL) CEO Jifan Gao estimate that China may double its installations of solar panels in 2012, absorbing excess production that depressed prices and margins in 2011, reports Bloomberg Businessweek. Reference Link :theflyonthewall.com |
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May 25, 2012
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| 12:57 EDT |  | TSL |
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May 24, 2012
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| 12:42 EDT | | STP, TSL |
| | 09:27 EDT | | STP, TSL |
| theflyonthewall.com: | Suntech CEO: Europe tariff like U.S. would be "lethal" to industry, Reuters says | | Suntech (STP) CEO Zhengrong Shi told Reuters that if an anti-dumping tariff like the one put in place by the U.S. were to be implemented in Europe, it "would have a lethal impact on China's solar industry." Reference Link :theflyonthewall.com |
| | 09:20 EDT |  | TSL |
| | 09:14 EDT |  | STP |
| | 06:24 EDT | | STP, TSL |
| theflyonthewall.com: | Uncertainty leads solar firms to advance cautiously, Digitimes reports | | With Europe and India likely to conduct investigations against solar firms similar to those carried out by the U.S., companies in the industry have been expanding cautiously, choosing locations that will help them avoid taxation, according to Digitimes. Reference Link :theflyonthewall.com |
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May 23, 2012
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| 09:00 EDT |  | TSL |
| | 07:19 EDT |  | STP |
| | 07:19 EDT | | STP |
| theflyonthewall.com: | Suntech sees FY12 CapEx $120M-$150M | | Capital expenditures will primarily be related to payments for equipment and services already received, and technology upgrades to production lines. :theflyonthewall.com |
| | 07:18 EDT | | STP |
| | 07:18 EDT | | STP |
| theflyonthewall.com: | Suntech reports Q1 EPS (74c), consensus (50c) | | Reports Q1 revenue $409.5M, consensus $406.02M :theflyonthewall.com |
| | 06:30 EDT | | TSL |
| | 06:29 EDT | | TSL |
| theflyonthewall.com: | Trina Solar reports Q1 ADS (42c), consensus (29c) | | Reports Q1 revenue $349.9M, consensus $398.54M :theflyonthewall.com |
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May 22, 2012
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| 06:36 EDT | | STP, TSL |
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May 21, 2012
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| 07:57 EDT | | TSL, STP |
| theflyonthewall.com: | Taiwanese solar cell prices seen rising after tariff ruling, DigiTimes says | | After the U.S. government announced high preliminary anti-dumping duties on China-made solar cells, Taiwan-based solar cell makers plan to increase quotes due to expected order increases from Chinese peers, according to DigiTimes, citing industry sources. Reference Link :theflyonthewall.com |
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May 18, 2012
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| 07:21 EDT | | TSL, STP |
| | 06:13 EDT | | TSL, STP |
| theflyonthewall.com: | On the Fly: Periodicals Wrap-Up | | WALL STREET JOURNAL: Alexis Tsipras, head of Greece's radical left party known as Syriza, says he sees little chance Europe will cut off funding to the country but that if it does, Athens will stop paying its debts, the Wall Street Journal reports...Bad debts held by Spanish banks jumped to a 17-year high in March, according to the country's central bank, as 8.37% of the loans held by banks, or EUR147.97B, were over three months overdue for repayment in March, the Wall Street Journal reports...REUTERS: Market turmoil over the euro zone crisis could last another 12-24 months, says German Finance Minister Schaeuble, adding that it was up to the Greeks to decide if they wanted to stay in the single currency, Reuters reports...BLOOMBERG: Federal policy makers may prefer another round of Operation Twist to an outright asset-purchase program should the economy show further signs of weakness or if risks increase, Bloomberg reports...The U.S. yesterday imposed tariffs of as much as 250% on Chinese-made solar cells to aid domestic manufacturers, but critics say the decision may end up raising prices and hurting the U.S. renewable energy industry, Bloomberg reports...Chinese auto dealerships, including Honda (HMC), Chery, BYD and Geely, are struggling with the rising number of unsold cars that’s threatening to deepen price cuts, according to the state-backed China Automobile Dealers Association, Bloomberg reports. :theflyonthewall.com |
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May 17, 2012
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| 17:21 EDT |  | TSL |
| theflyonthewall.com: | Trina Solar statement on preliminary determination of antidumping duty in U.S. | | Trina Solar Limited offered the following statement regarding the preliminary determination of antidumping duties by the U.S. Department of Commerce: On May 17, a preliminary determination was announced by the DOC in Washington, DC regarding the exportation of crystalline silicon photovoltaic cells and modules from China. A preliminary antidumping duty rate of 31.14% was calculated to apply to the importation into the United States of Trina Solar's solar cells and modules/panels produced in China. The DOC also preliminarily determined that the AD investigation does not apply to modules manufactured in China that incorporate solar cells produced in a third country. This decision is consistent with DOC's prior preliminary determination in the parallel countervailing duty investigation of the same products. The DOC found "critical circumstances" and therefore the AD rate will apply retroactively to imports, beginning approximately 90 days prior to the preliminary determination. Trina Solar continues to actively defend its position in these administrative proceedings. :theflyonthewall.com |
| | 15:46 EDT | | STP |
| theflyonthewall.com: | Suntech says duties do not reflect reality of highly-competitive solar industry |
 Subscribe for More Information :theflyonthewall.com |
| | 15:12 EDT | | STP, TSL |
| theflyonthewall.com: | U.S. issues preliminary ruling on anti-dumping duties for Chinese solar imports | | The Department of Commerce announced its affirmative preliminary determination in the antidumping duty investigation of imports of crystalline silicon photovoltaic cells, whether or not assembled into modules, from the People’s Republic of China. The department preliminarily determined that Chinese producers/exporters sold solar cells in the United States at dumping margins ranging from 31.14% to 249.96%. Suntech (STP) and Trina Solar (TSL) received preliminary dumping margins of 31.22% and 31.14%, respectively. Fifty-nine other exporters qualified for a separate rate of 31.18%. All other Chinese producers/exporters received a preliminary dumping margin of 249.96%, Commerce said. The department said it is currently scheduled to make its final determination in early October. Reference Link :theflyonthewall.com |
| | 14:16 EDT | | STP, TSL |
| | 08:18 EDT | | TSL, STP |
| theflyonthewall.com: | Commerce Dept. decision on Chinese solar panel makers expected today, DJ reports | | The Department of Commerce is expected to issue a decision today on tariffs as part of an investigation into accusations that Chinese solar-panel makers receive unfair government subsidies and then sell their products in the U.S. at prices below production costs, reports Dow Jones. Reference Link :theflyonthewall.com |
| | 06:22 EDT | | STP, TSL |
| theflyonthewall.com: | Chinese could commence anti-dumping, subsidy probe on U.S., Digitimes reports |
Subscribe for More Information :theflyonthewall.com |
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May 16, 2012
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| 06:19 EDT | | TSL, STP |
| theflyonthewall.com: | Thin-film solar firms expanding into solar PV systems, Digitimes reports | | With thin-film solar products increasingly marginalized due to the falling price of mainstream silicon-based products, associated firms have been increasingly turning to production of PV systems, according to industry sources and reported in Digitimes. Reference Link :theflyonthewall.com |
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May 15, 2012
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| 08:05 EDT | | TSL |
| | 06:29 EDT | | TSL, STP |
| | 06:26 EDT | | TSL, STP |
| theflyonthewall.com: | H2 solar revenue growth led by U.S., Asia Pacific pipelines, Digitimes reports |
Subscribe for More Information :theflyonthewall.com |
| | 06:23 EDT | | TSL, STP |
| | 06:22 EDT | | STP |
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