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Stock Market & Financial Investment News

News Breaks
July 29, 2014
09:34 EDTTSLTrina Solar says opposed to preliminary U.S. antidumping findings
Trina Solar notes the preliminary findings on July 25 by the U.S. Department of Commerce relating to the antidumping duty investigations concerning imports into the U.S. of certain crystalline silicon photovoltaic products from mainland China and Taiwan. Trina Solar is one of the China-based suppliers of these products to the United States. The U.S. Department of Commerce preliminarily determined that certain crystalline silicon photovoltaic products from mainland China and Taiwan have been sold in the United States at dumping margins ranging from 26.33% to 58.87% and from 27.59% to 44.18%, respectively. Trina Solar was a compulsory respondent to the China investigation in which it received a preliminary dumping margin of 26.33%, the lowest among the Chinese exporters. "Trina Solar opposes the preliminary findings and believes the allegations made by SolarWorld are contrary to the principles of free and fair trade and are unfounded. The Company continues to actively defend its position in these administrative proceedings and remains committed to serving its many customers and business partners in the United States where Trina Solar has built a solid and long-standing reputation for high quality products and services. Trina Solar believes that because of its competitive cost structure, in house manufacturing capacities, global strategies, strong brand image and quality products and global strategies, it will continue to grow its business in the United States and to play an important role in the U.S. market," the company said.
News For TSL From The Last 14 Days
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August 26, 2015
10:00 EDTTSLOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: BRE Group (CBG) initiated with a Buy at Sterne Agee CRT... Callidus Software (CALD) initiated with an Overweight at Piper Jaffray... Jones Lang LaSalle (JLL) initiated with a Neutral at Sterne Agee CRT... Natural Grocers (NGVC) initiated with a Buy at Jefferies... NextEra Energy Partners (NEP) initiated with an Outperform at Baird... Sprouts Farmers Markets (SFM) initiated with a Hold at Jefferies... Synchrony Financial (SYF) initiated with a Buy at Buckingham... TerraForm Global (GLBL) initiated with a Buy at Citi... Trina Solar (TSL) initiated with a Sell at Axiom... Zebra Technologies (ZBRA) initiated with an Outperform at Barrington.
07:19 EDTTSLTrina Solar initiated with a Sell at Axiom
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August 25, 2015
11:41 EDTTSLSolarCity rises again after Chairman Musk buys shares
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August 24, 2015
16:46 EDTTSLPresident Obama announces new renewable energy commitments
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11:09 EDTTSLGoldman says SolarCity attractive after sharp pullback
SolarCity (SCTY) shares are climbing in the down market after Goldman Sachs contended in a note to investors today that the stock is attractive following its recent sharp retreat, The company probably won't be affected by issues that are causing investors to worry about the solar sector, the firm believes. WHAT'S NEW: Noting that SolarCity's stock had tumbled 27% in the last month before today's open, Goldman Sachs analyst Brian Lee wrote that the shares are being dragged down by worries about financing and cost of capital that are affecting the entire solar sector. However, he contended that these issues are having only a "limited" impact on SolarCity. On August 13, the company successfully sold asset-backed securities and it said that more such sales are likely to occur in the near-term, Lee noted. Meanwhile, SolarCity isn't being affected by the cost of capital increases that other solar companies are experiencing, the analyst reported. Before today's open, the stock was near a two year low, even though SolarCity's fundamentals are still "strong," Lee believes. Additionally, the largest U.S. solar trade show, which is expected to begin on September 14, could boost solar stocks, as it has historically been a catalyst for the sector, the analyst stated. SolarCity may provide guidance about the outlook for its Silevo solar panel manufacturing subsidiary in the second half of 2015, and the guidance could boost the stock, Lee believes. The risk/reward ratio of SolarCity's stock is positive, according to the analyst, who has a Conviction List Buy and $85 price target on the shares. OTHERS TO WATCH: Other publicly traded companies in the solar space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunEdison (SUNE), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). PRICE ACTION: In late morning trading, SolarCity advanced 5.3% to $43.18.
August 21, 2015
06:56 EDTTSLSolar companies spending $1B in Texas projects, WSJ says
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August 19, 2015
13:11 EDTTSLCanadian Solar plummets after Q3 guidance, YieldCo comments
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August 18, 2015
11:03 EDTTSLSunEdison raises capital while Trina Solar tops expectations
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07:04 EDTTSLTrina Solar expects 2015 ingot production capacity of 2.5 GW
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07:03 EDTTSLTrina Solar expects to ship 1,450 MW-1,500 MW of PV modules
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07:03 EDTTSLTrina Solar reports Q2 total module shipments were 1,231.6 MW
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07:02 EDTTSLTrina Solar reports Q2 EPS 42c, consensus 25c
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August 17, 2015
14:48 EDTTSLNotable companies reporting before tomorrow's open
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