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Canadian Solar Inc

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  • *has 1 GW worth of power plants projects across China. March 18- Yingli Green Energy Holding Co Ltd's focus on selling solar panels in the low-margin Chinese market kept it in the red in a quarter when most of its rivals swung to profitability as they sold more panels to countries such as Japan.

  • March 10- SunPower Corp will launch the first tranche of its bonds backed by solar assets in the second half of the year, Chief Executive Thomas Werner told Reuters. SunPower's plan to launch notes backed by leases associated with its solar projects comes after SolarCity Corp became the first company to offer solar securities last year.

  • NEW YORK, March 5- The S&P 500 finished almost flat, just below its all-time high on Wednesday as investors shrugged off soft data on jobs and the services sector while keeping an eye on developments in Ukraine. A report from the Institute for Supply Management showed the services sector continued to grow last month, albeit at a slower pace.

  • NEW YORK, March 5- U.S. stocks barely moved on Wednesday, a day after the S&P 500 hit a new all-time high, as investors shrugged off soft data on jobs and the services sector while keeping an eye on developments in Ukraine.

  • NEW YORK, March 5- U.S. stocks were little changed on Wednesday after two days of sharp swings as investors shrugged off soft data on jobs and the services sector, while keeping an eye on developments in Ukraine.

  • March 5- Canadian Solar Inc forecast weaker-than-expected revenue for the first quarter and blamed severe winter in North America for delays in construction of power plants, sending its shares down 10 percent.

  • *Following the most serious confrontation between Russia and the West over influence in Ukraine and control of Crimea, a global investing flight to safety on Monday reversed sharply on Tuesday. Markets were calmer on Wednesday, but volatility was expected given the fluid situation in Ukraine.

  • March 5- Canadian Solar Inc warned of a drop in current-quarter revenue as about $100 million in sales were deferred after a severe winter in North America delayed construction of power plants. Canadian Solar shares fell 5.5 percent to $41.25 in trading before the bell on Wednesday.

  • JinkoSolar Holdings, JA Solar, Canadian Solar and U.S. companies including First Solar and Sunpower Corp have raised about $3 billion in the past year, over according to industry estimates and Thomson Reuters data, mostly through private share placements, public share issues and convertible bonds.

  • UPDATE 2-Weak panel prices weigh on Canadian Solar Tuesday, 11 Feb 2014 | 10:39 AM ET

    Feb 11- Canadian Solar Inc's fourth-quarter revenue estimate missed analysts' estimates as weak panel prices more than offset a rise in demand, sending its shares down 4 percent. Solar companies are seeing increased demand for panels and other products, primarily in China and Japan, but prices remain depressed as excess supplies continue to flood the market.

  • *Estimates 4th- qtr revenue of $510- $520 mln vs est. Feb 11- Canadian Solar Inc estimated 2013 would be its first profitable year since 2010 as its strategy of building high- margin solar power plants pays off. Canadian Solar estimated it would post a profit in the fourth quarter ended Dec. 31, its second straight quarterly profit after nine quarters of losses.

  • Feb 11- Canadian Solar Inc estimated a 75 percent rise in its fourth-quarter revenue, driven by a better-than-expected increase in solar module shipments. The company said revenue was expected to have risen to $510 million- $520 million in the quarter ended Dec. 31 from $294.8 million, a year earlier.

  • But industry officials worry fast-growing generation capacity will increase fiscal pressures on China and Japan and force them to cut subsidies which will then hit demand, just as happened with previous big solar users Germany, Spain and Italy.

  • But industry officials worry fast-growing generation capacity will increase fiscal pressures on China and Japan and force them to cut subsidies which will then hit demand, just as happened with previous big solar users Germany, Spain and Italy.

  • Nov 26- Chinese solar companies LDK Solar Co Ltd and JA Solar Holdings Co Ltd reported narrower quarterly losses and forecast strong shipments for the current quarter as markets outside of Europe drive demand in an improving solar market.

  • Nov 18- Chinese solar panel maker JinkoSolar Holding Co Ltd reported a second straight quarterly profit, helped by its fast-growing solar power plant business, amid signs of a recovery in the industry after a four-year downturn. JinkoSolar shares rose 16 percent in early trading to $34.26, their highest in about three years.

  • Nov 13- Canadian Solar Inc is considering spinning off a unit to operate some of the high-margin solar power plants that helped the company to its first profit in nine quarters.

  • U.S. stock index futures pointed to a lower open on Wall Street on Wednesday as investors digested mixed signals from the Fed.

  • Canadian Solar posts first profit in nine quarters Wednesday, 13 Nov 2013 | 5:14 AM ET

    Nov 13- Solar power company Canadian Solar Inc swung to a profit after eight straight quarters of losses, driven by its high-margin solar power plant business. Net income attributable to Canadian Solar was $27.7 million, or 56 cents per share, in the third quarter, compared with net loss of $43.7 million, or $1.01 per share, a year earlier.

  • Stock markets keeping a wary eye on interest rates Tuesday, 12 Nov 2013 | 7:54 PM ET

    A whiff of Fed 'taper talk' and a 10-year note auction Wednesday should keep the stock market focused on interest rates.

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