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Stock Market & Financial Investment News

News Breaks
June 4, 2014
09:37 EDTTSLTrina Solar 'disppointed' by DOC's findings in countervailing investigations
Trina Solar Limited notes the preliminary findings on June 3 by the U.S. Department of Commerce relating to the countervailing duty investigation concerning imports into the U.S. of certain crystalline silicon solar finished products and components from China. Trina Solar is one of the China-based suppliers of these products to the U.S.According to the Commerce Preliminary Subsidy Rate scheme, preliminary subsidy rates ranging from 18.56% to 35.21% were assigned to the exporters in China. Trina Solar as a compulsory respondent is found to be subject to a preliminary rate of 18.56%, the lowest among the Chinese exporters. Trina Solar is disappointed by the preliminary findings and believes the allegations made by SolarWorld are contrary to the principles of free and fair trade, and are unfounded. Trina Solar's transactions with all its customers in the United States are in accordance with international trade practices.
News For TSL From The Last 14 Days
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January 28, 2016
05:34 EDTTSLTrina Solar announces shipment of 57.1MW solar modules to solar project in Japan
Trina Solar announced that it has begun shipping 57.1 MW of solar modules to Toyo Engineering Corporation for use in the Furukawa Mega Solar Project located in Osaki City, Miyagi Prefecture, Japan. The delivery of solar modules is scheduled to be completed before the end of the third quarter of 2016. The Project, developed by Pacifico Energy Furukawa G.K., is being constructed on an abandoned golf course in Osaki and is expected to be completed and commissioned in the fourth quarter of this year. The clean electricity that the Project will generate will be purchased by Tohoku Electric Power company to energize the region.
January 25, 2016
10:09 EDTTSLTrina Solar downgraded to Equal Weight at Morgan Stanley
As previously reported, Morgan Stanley analyst Sheng Zhong downgraded Trina Solar (TSL) to Equal Weight from Overweight and set a $11.10 price target on the shares as the analyst expects the stock to be range-bound under the price of $11.6 in cash per ADS proposed by Chairman's recent privatization proposal. The analyst, who still prefers module makers, named JinkoSolar (JKS) as the top pick in the solar space.
09:58 EDTTSLTrina Solar downgraded to Equal Weight from Overweight at Morgan Stanley

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