Canadian Solar Inc


  • 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.

  • 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.

  • *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.

  • Early movers: HON, AAPL, TIVO, MS, CSIQ & more Wednesday, 5 Mar 2014 | 7:37 AM ET
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  • 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.

  • Sunny times ahead for China solar plays?     Sunday, 22 Dec 2013 | 7:50 PM ET

    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.

  • Midday movers: Macy's, Crocs, YRC Worldwide & more Wednesday, 13 Nov 2013 | 1:00 PM ET

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