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Stock Market & Financial Investment News

News Breaks
December 30, 2013
12:18 EDTJASO, TSL, YGE, JKS, CSIQChinese solar companies climb after Trina announces tentative deal
Shares of Chinese solar companies are rallying after one of the companies in the sector, Trina Solar (TSL), announced a tentative deal with a local Chinese government. WHAT'S NEW: Trina Solar announced that it had signed a "framework agreement" with a local government in China to build solar power plants with combined capacity of one gigawatt. Before the deal can proceed, the local government must issue additional approvals and national regulators must also sign off on the agreement, Trina stated. The first two phases of the project, with installed capacity of 300 megawatts, are scheduled to be completed and connected to the grid by the end of 2014, the company added. PRICE ACTION: In early afternoon trading, Trina Solar climbed 6.6% to $14, Yingli Green (YGE) advanced 6.2% to $5.05, Canadian Solar (CSIQ) rose 4% to $30.40, JA Solar (JASO) gained 6.9% to $9.50, and JinkoSolar (JKS) added 3.8% to $30.30.
News For TSL;CSIQ;YGE;JASO;JKS From The Last 14 Days
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April 17, 2014
07:09 EDTTSLTrina Solar announces grid connection for 23.8MW PV projects in United Kingdom
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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
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April 14, 2014
11:23 EDTJASOJA Solar raises Q1 shipment view to exceed 620 MW
Earlier today, JA Solar announced preliminary results for its first quarter ended March 31. Based on preliminary financial information, JA Solar currently expects total shipment volume in the 1Q14 to exceed 620 MW, ahead of its previously announced guidance of 580 MW to 610 MW. The company also expects sequential gross margin improvement in 1Q14. Furthermore, the company reiterates its full year cell and module shipments guidance of between 2.7 GW and 2.9 GW, which includes 200 MW of module shipments to the company's downstream projects. "We are proud that solid execution in the quarter enabled us to exceed our previously issued guidance," said Baofang Jin, Chairman and CEO of JA Solar. Shares of JA Solar are trading higher by 7.5% to $10.01 in morning trading.
07:37 EDTYGEYingli Green Energy subsidiary to sell at least 300MW solar energy systems
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April 11, 2014
16:03 EDTTSLTrina Solar still sees FY14 module shipments 3.6GW-3.8GW
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16:02 EDTTSLTrina Solar sees Q1 solar module shipments 540MW-570MW had seen 670MW-700MW
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April 8, 2014
10:03 EDTJKSOn The Fly: Analyst Initiation Summary
1st United Bancorp (FUBC) initiated with a Neutral at Macquarie... Avista (AVA) initiated with a Fair Value at CRT Capital... Castlight Health (CSLT) initiated with a Neutral at Goldman... Cempra (CEMP) initiated with an Equalweight at Barclays... Coca-Cola (KO) initiated with a Buy at BTIG... JinkoSolar (JKS) initiated with an Overweight at Barclays... Lumenis (LMNS) initiated with a Buy at Goldman... National Retail Properties (NNN) initiated with an Overweight at Morgan Stanley... PepsiCo (PEP) initiated with a Buy at BTIG... Realty Income (O) initiated with an Underweight at Morgan Stanley... Teekay (TK) initiated with an Outperform at Raymond James... Twitter (TWTR) initiated with a Buy at Janney Capital... Realogy (RLGY) initiated with an Outperform at RBC Capital... Bristow Group (BRS) initiated with an Outperform at Clarkson Capital... Era Group (ERA) initiated with an Outperform at Clarkson Capital... Endurance (EIGI) initiated with a Buy at Craig-Hallum... Tutor Perini (TPC) initiated with an Overweight at Stephens... MannKind (MNKD) initiated with an Outperform at Brinson Patrick... TriCo Bancshares (TCBK) initiated with an Outperform at Fig Partners... Achaogen (AKAO) initiated with an Outperform at Cowen.
07:05 EDTJKSJinkoSolar signs distribution agreement with PROINSO India
JinkoSolar Holding announced that it has signed a distribution agreement with PROINSO India. According to the terms of the agreement, PROINSO will begin distributing JinkoSolar solar PV modules through its extensive sales network in India. PROINSO will make use of its Mumbai office, experienced professionals who staff it, and 125 qualified installers who form part of its network in India.
05:56 EDTJKSJinkoSolar initiated with an Overweight at Barclays
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