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Stock Market & Financial Investment News

News Breaks
June 4, 2014
16:41 EDTTSLTrina Solar files to sell 8.8M American Depositary Shares
Each ADS representing 50 ordinary shares of the company, par value of US$0.00001 per share. Deutsche Bank Securities, Barclays Capital, J.P. Morgan Securities and Goldman Sachs will act as joint book-running managers for the ADS Offering. HSBC Securities will act as a co-manager for the ADS Offering.
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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