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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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February 23, 2015
18:02 EDTTSLOn The Fly: After Hours Movers
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17:25 EDTTSLFirst Solar, SunPower rally after saying they are in talks to form YieldCo
Solar stocks are moving up in extended trading this afternoon after First Solar (FSLR) and SunPower (SPWR) announced that they are in advanced negotiations to form a joint YieldCo vehicle. WHAT'S NEW: First Solar and SunPower announced that they are in advanced negotiations to form a joint YieldCo vehicle to which they each expect to contribute a portfolio of selected solar generation assets from their existing portfolio of assets. Upon the execution of a master formation agreement, the parties intend to file a registration statement with the SEC for an initial public offering of limited partner interests in the YieldCo. Formation of the YieldCo and completion of the IPO are subject to, among other things, the execution of definitive documentation, each party’s board approval and regulatory approval. PRICE ACTION: First Solar is up over 10% to $54.90 in the after hours while SunPower is higher by over 12% to $31.27. OTHERS TO WATCH: Other solar stocks gaining in after-hours trading include SolarCity Corporation (SCTY), Trina Solar (TSL), JA Solar Holdings (JASO), SunEdison (SUNE), and Canadian Solar (CSIQ).
February 19, 2015
13:18 EDTTSLIsrael's SolarEdge to launch IPO
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