News Breaks |
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| October 5, 2012 |
| 06:32 EDT |  | TSL | Trina Solar CEO says consolidation will achieve equilibrium, DigiTimes reports
Trina Solar CEO Jifan Gao said consolidation can help the solar market reach equilibrium, reports DigiTimes. Gao said the consolidation will take approximately 3-5 years for the market to reach a balance between demand and supply. Reference Link |
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News For TSL From The Last 14 Days Check below for free stories on TSL the last two weeks. |
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| May 15, 2013 |
| 09:19 EDT |  | TSL | Trina Solar margins poised to rebound in Q2, says Nomura
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| May 14, 2013 |
| 12:32 EDT |  | TSL | On The Fly: Midday Wrap
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| 12:00 EDT |  | TSL | Trina Solar falls 6.2%
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| 10:00 EDT | | TSL | Trina Solar falls 7.3%
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| 09:14 EDT |  | TSL | On The Fly: Pre-market Movers
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| 09:00 EDT | | TSL | Trina Solar falls 5.9%
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| 06:45 EDT | | TSL | Trina Solar lowers Q1 solar module shipment view to 390 MW-400 MW
Trina Solar announced the following updates to its previous guidance made for the quarter ended March 31. The company estimates its solar module shipments in Q1 to be between 390 MW-400 MW, compared to the company's previous guidance of 420 MW-430 MW. Additionally, for the Q1, the company estimates that overall gross margin to be between 1.0% to 3.0%, in-line with the company's previous guidance of low single digits in percentage terms. The company further expects that its bottom line results in Q1 be impacted by an accounts receivables provision reversal of between $10.5M-$11.5M and a foreign currency exchange loss between $18.5M-$19.5M, net of changes in fair value of derivative instruments. |
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| May 7, 2013 |
| 10:28 EDT | | TSL | Solar companies drop after First Solar report, outlook
Solar stocks are retreating after a leading company in the sector, First Solar (FSLR), reported lower than expected first quarter earnings per share and said that it would generate more earnings in the second half of 2013 than in the first half of the year. WHAT'S NEW: First Solar reported lower than expected EPS and said it expected its earnings to be higher in the second half of the year than in the first half due to the timing of revenue recognition from a number of projects. Previously the company had expected to generate higher earnings in the first half of the year. However, First Solar reaffirmed its previous fiscal 2013 EPS guidance range of $4.00-$4.50 and disclosed that it was working on "sizable" opportunities in Africa, ANALYST REACTION: In a note to investors this morning, Deutsche Bank analyst Vishal Shah wrote that First Solar's results and guidance were weak. Shah is concerned about First Solar's reliance on a strong second half performance to meet its 2013 guidance and he maintained a Hold rating on the stock. TODAY'S PRICE ACTION: In early trading, SunPower (SPWR) fell 5.7% to $15, Trina Solar (TSL) dropped 3.8% to $4.80, Canadian Solar (CSIQ) slumped 4.2% to $5.55 and First Solar tumbled 10% to $42.90. |
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| 07:24 EDT | | TSL | EU to tax imported solar panel equipment form China, WSJ reports
The EU is set to place import duties on solar panel equipment made in China, with a trade battle expected to follow, reports the Wall Street Journal. Reference Link |
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| May 6, 2013 |
| 10:00 EDT | | TSL | Trina Solar falls 4.2%
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