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Stock Market & Financial Investment News

News Breaks
March 5, 2014
08:56 EDTTSLTrina Solar price target raised to $25 from $20 at Roth Capital
Roth Capital increased its price target on Trina Solar after the company reported in-line Q4 revenue but higher than expected EPS. The firm reports that the company's 2014 shipment outlook is much higher than expected, and it keeps a Buy rating on the shares.
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July 29, 2014
09:34 EDTTSLTrina Solar says opposed to preliminary U.S. antidumping findings
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08:45 EDTTSLChinese solar stocks facing multiple headwinds, says Axiom
Axiom believes that there are "outsized risks" to the margins and consensus estimates of Trina Solar (TSL), Yingli Green Energy (YGE), and JA Solar (JASO). The firm says that the companies are facing higher raw material prices, lower cell and module prices, adverse tariff decisions in the U.S., and reduced solar subsidies in multiple countries. In conjunction with this note the firm downgraded its rating on JA Solar to Hold from Buy. It kept Sell ratings on Trina Solar and Yingli Green Energy.
July 27, 2014
20:10 EDTTSLU.S proposes penalties on certain Chinese solar-energy imports, Bloomberg says
The U.S Commerce Department proposed expanded penalties on some Chinese solar-energy imports, says Bloomberg. The agency said in a preliminary finding that Chinese manufacturers were unfairly selling goods in the U.S. at unfairly low prices, added Bloomberg. Reference Link

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