New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2014
07:06 EDTTSLTrina Solar announces favorable arbitration reward of $20.4M
Trina Solar announced it has received $20.4M from a customer in an arbitration settlement involving an outstanding account balance under a solar module purchase agreement. The arbitration panel determined that Trina Solar was entitled to $20.4M, which included the full amount of the outstanding accounts receivable of $17.4M sought by the company, plus sales tax and accrued interests. The arbitration fund was received subsequent to the Company's fourth quarter and full year 2013 earnings results. As a result, the accounts receivable provision of $5.7M for bad debt previously accrued has been reversed in the fourth quarter of 2013. Consequently, related financial numbers previously stated in the company's fourth quarter and full year 2013 earnings release are being adjusted to reflect this event.
News For TSL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 26, 2015
06:48 EDTTSLTax credit, loan guarantee changes could hurt solar energy, NY Times says
Subscribe for More Information
January 22, 2015
06:14 EDTTSLTrina Solar comments on ITC determination in antidumping duty investigation
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use