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Stock Market & Financial Investment News

News Breaks
January 27, 2014
10:26 EDTJKS, TSL, CSIQ, SCTY, FSLR, YGESolar stocks bounce back after analyst says China not cutting target
Shares of solar energy companies are rebounding after dropping sharply on Friday. Today's bounce came after Deutsche Bank wrote that China is not reducing its 2014 solar energy target, as had been reported on Friday. WHAT'S NEW: Bloomberg reported on Friday that China had decided to reduce its solar energy generation target to 10 gigawatts from 14 gigawatts, Deutsche Bank analyst Vishai Shah stated in a note to investors earlier today. However, Shah says hat the country is actually maintaining its 14 gigawatt target. A press release from China's National Energy Administration, upon which the Bloomberg story had been based, referred to previous targets, Shah indicated. Moreover, solar projects in China are being approved without regard to quotas and China exceeded its 2013 solar energy target by a significant amount, added the analyst. He reiterated Buy ratings on Trina Solar (TSL), Yingli Green Energy (YGE), and SolarCity (SCTY). PRICE ACTION: In early trading, Trina Solar jumped 5% to $14.30, Yingli Green rallied 5.3% to $6.17, SolarCity advanced 1% to $71.10, JinkoSolar (JKS) gained 2.5% to $40.45, Canadian Solar (CSIQ) rose 3.7% to $38.65, and First Solar (FSLR) climbed 2.6% to $49.90.
News For TSL;YGE;SCTY;JKS;FSLR;CSIQ From The Last 14 Days
Check below for free stories on TSL;YGE;SCTY;JKS;FSLR;CSIQ the last two weeks.
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April 17, 2014
09:59 EDTSCTYOn The Fly: Analyst Upgrade Summary
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08:41 EDTFSLRFederal Energy Regulatory Commission to hold a meeting
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08:12 EDTFSLRFirst Solar price target raised to $81 from $70 at Argus
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07:09 EDTTSLTrina Solar announces grid connection for 23.8MW PV projects in United Kingdom
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05:35 EDTSCTYSolarCity upgraded to Outperform from Neutral at RW Baird
RW Baird upgraded SolarCity to Outperform citing the recent pullback in shares and expectations the U.S. rooftop market will accelerate over the next several years. The firm keeps a $75 price target for the stock.
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
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 10, 2014
10:44 EDTFSLRStocks with call strike movement; FSLR LNKD
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08:15 EDTSCTYSolarCity risk/rewards favorable, says Goldman
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April 8, 2014
15:41 EDTFSLRFirst Solar April volatility low on wide price movement
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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.
09:35 EDTSCTYActive equity options trading on open
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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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April 7, 2014
14:04 EDTSCTYSolarCity to be probed in response to lawsuits, Watchdog.org says
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14:00 EDTSCTYSolarCity volatility increases as shares pull back to three-month low
SolarCity April weekly call option implied volatility is at 96, April is at 74, May is at 77, July is at 66; compared to its 26-week average of 65 according to Track Data, suggesting large near term price movement.

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