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Stock Market & Financial Investment News

News Breaks
June 16, 2014
07:01 EDTTSLTrina Solar announces supply of 23MW of modules to Linuo's solar project
Trina Solar announced it was selected to supply 23MW of PV modules to Linuo Solar Power's distributed generation solar project located in China's Shandong province. The project will utilize 92,000 Trina Solar TSM-250PC05A modules and cover 500,000 square meters of roof top. It is expected to produce 2990 kWH of electricity annually and mitigate 28,674 tons of CO2 emissions. The Company expects shipments to be completed by the end of June.
News For TSL From The Last 14 Days
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March 5, 2015
09:16 EDTTSLTrina Solar reported healthy Q4 results, says Roth Capital
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07:49 EDTTSLTrina Solar price target raised to $15 from $13 at RBC Capital
RBC Capital increased its price target on Trina Solar as the firm thinks the company's fundamentals remain strong after it reported in-line revenue but higher than expected EPS. RBC notes that the company provided 2015 project grid connection guidance of 700-750 MW, versus the 283 MW of its projects that were connected last year. RBC expects the spin off of Trina's project holding vehicle to provide a catalyst in 2016. It keeps an Outperform rating on the shares.
March 4, 2015
06:31 EDTTSLSolar energy's future in Japan in doubt, NY Times says
The use of solar energy in Japan has surged in the last two years, but utilities say they can't cope with the large number of entities now looking to sell solar energy to them, according to The New York times. The utilities' willingness to invest more money in solar largely depends on the government's commitment to clean energy, the newspaper stated, noting that the government is reviewing its clean energy policies. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
06:18 EDTTSLTrina Solar sees FY15 shipments 4.4 GW-4.6 GW
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06:16 EDTTSLTrina Solar sees Q1 shipments 840 MW-870 MW
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06:15 EDTTSLTrina Solar reports Q4 EPS 13, consensus 13c
Reports Q4 revenue $705.04M, consensus $642.88M. Reports Q4 EPS ex-items 21c. Total module shipments were 1,098.8 MW, consisting of 1,070.5 MW of external shipments and 28.3 MW of shipments to the company's own downstream power projects.
March 3, 2015
15:20 EDTTSLNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include PetSmart (PETM), consensus $1.38... Trina Solar (TSL), consensus 13c... Lexicon Pharmaceuticals (LXRX), consensus (3c)... Abercrombie & Fitch (ANF), consensus $1.15... American Eagle Outfitters (AEO), consensus 34c... E. W. Scripps (SSP), consensus 40c.
09:04 EDTTSLSolar stocks could benefit from developments in China, says Roth Capital
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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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