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Stock Market & Financial Investment News

News Breaks
May 9, 2014
04:55 EDTSUNE, SUNESunEdison management to meet with UBS
Meeting to be held in New York on May 12 hosted by UBS.
News For SUNE From The Last 14 Days
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January 26, 2015
11:50 EDTSUNESolar names rise after Obama pledges U.S. help for Indian solar push
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10:28 EDTSUNEIndia's Mahnidra to add 500 MW of solar energy, Reuters says
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January 21, 2015
07:33 EDTSUNESunEdison becomes supplier to 250 school districts of California's SPURR
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07:04 EDTSUNESunEdison and TerraForm Power secure financing for solar project in UK
SunEdison (SUNE) and TerraForm Power (TERP) have secured financing to build five large-scale solar farms in the UK which will generate 85.2MW of electricity. The projects are expected to be acquired by Terraform in early 2015. Financing for the solar farms has been provided by Santander (SAN) Global Banking and Markets and Bayerische Landesbank, who acted as arrangers and Santander UK who acted as agent. The total amount financed was GBP70M. SunEdison has begun construction on all five sites, and will complete them in Q1.
January 20, 2015
18:30 EDTSUNEOn The Fly: After Hours Movers
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16:11 EDTSUNESunEdison files to sell $350M convertible senior notes due 2022
13:56 EDTSUNESamsung reports 3.4% passive stake in SunEdison
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January 16, 2015
11:05 EDTSUNEStocks with call strike movement; TWTR SUNE
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07:31 EDTSUNESunEdison raises $590M for First Wind acquisition
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January 15, 2015
16:01 EDTSUNEOptions Update; January 15, 2015
iPath S&P 500 VIX Short-Term Futures up 1.01 to 36.13. Option volume leaders: AAPL TSLA TWTR AMZN FB C CLF ABX SUNE according to Track Data.
07:37 EDTSUNESunEdison price target lowered to $26 from $35 at Canaccord
Canaccord lowered its price target on SunEdison to $26 from $35 based on a more conservative stance on high multiple names due to macro uncertainty. Canaccord reiterated its Buy rating on SunEdison shares.
January 12, 2015
07:33 EDTSUNESunEdison and Adani to invest $4B to build manufacturing facility in India
SunEdison and Adani Enterprises announced that they have signed a memorandum of understanding to establish a joint venture to build the largest vertically integrated solar photovoltaic manufacturing facility in India with an investment of up to $4B. The facility will create enough solar panels to fuel substantial solar growth in India, furthering India's goals for clean, renewable energy independence, and will add up to 20,000 jobs to the local economy. The new facility will be constructed in Mundra, Gujarat, India, over a three year period. This facility will vertically integrate all aspects of solar panel production on site, including polysilicon refining, and ingot, cell, and module production. During the first half of 2015, SunEdison and Adani will complete a comprehensive analysis of the joint venture opportunity and business plan. Pending successful outcome of the study, construction of the facility will begin shortly thereafter. As the facility is built, certain portions will be completed first to allow key production lines to come online before the entire facility is finished. This allows the joint venture to ramp up production quicker, and creates more jobs sooner.

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