Take a look at some of Wednesday's midday movers:» Read More
Aug 20- China- based solar products maker JA Solar Holdings Co Ltd reported a lower-than-expected quarterly profit as operating expenses jumped from last year, sending its shares down 5 percent in premarket trading. JA Solar reported a fall in gross margins as prices for solar modules fell in China.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. SeaWorld Entertainment Inc., down $9.25 to $18.90. Macy's Inc., down $3.29 to $56.47.
Canadian Solar rose 24.3 percent to $31.03. Aemetis Inc. rose 21.7 percent to $9.36. Fonar Corp. rose 17.5 percent to $13.39.
Aug 13- Canadian Solar Inc said it expected its more profitable business of building solar power plants to help blunt the impact of a fall in margins in the United States due to the imposition of duties on solar products made in China and Taiwan.
June 13- Shares of Abengoa Yield Plc, a unit of Spanish renewable and engineering firm Abengoa SA, rose about 28 percent in their U.S. market debut, valuing the company at about $3 billion. Abengoa Yield's IPO raised about $721 million after its upsized offering of 24.9 million shares was priced at $29 per share, well above the expected price range of $25- $27 per share.
May 21- Trina Solar Ltd forecast higher solar panel shipments for the second quarter, helped by improving demand from China, sending its shares up as much as 27 percent in morning trade.
May 21- China's Trina Solar Ltd reported a quarterly profit compared with a loss a year earlier, helped by better prices for its solar panels, and it forecast higher shipments for the current quarter. Rivals Canadian Solar Inc and JA Solar Holdings Co Ltd also posted a first-quarter profit earlier this month, helped by a rise in shipments.
Take a look at some of Friday's midday movers:
May 16- Solar panel maker Canadian Solar Inc forecast much lower-than-expected quarterly revenue as it expects to recognize most of the revenue from its solar projects in Canada and the United States later in the year.
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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.
Some of the names on the move ahead of the open.
Edwin Mok, Managing Director & Senior Equity Analyst at Needham & Co. thinks margins could improve for Chinese silicon players and explains why there may be more consolidation in the industry.