A Chinese trust firm said on Monday it had reached an agreement to resolve a troubled high yield investment product.» Read More
Oct 12- Bankrupt solar firm Solyndra has filed a lawsuit against three U.S.-listed Chinese solar players, including Suntech Power Holdings Co, seeking $1.5 billion in compensation due to monopolization by these firms, according to court documents filed on Thursday.
Oct 12- LDK Solar Co Ltd:. *Responds to the final U.S. doc determination for Chinese solar cells and. *Says strongly regret U.S. doc's final determination to impose countervailing.
The U.S. government said China has subsidized companies that are flooding the U.S. with low-cost panels. Both U.S. and China- based solar companies gained in afternoon trading. However, another big gainer was Canadian Solar Inc., which has operations in both the U.S. and China. Its shares rose 15 cents, or 5.7 percent, to $2.78.
Oct 2- LDK Solar Co Ltd said lenders to its controlling shareholder have agreed not to sell some loan-related collateral, including shares of the Chinese solar equipment maker, for 12 months.
Oct 2- LDK Solar Co Ltd:. *Lenders agreed to forbear with respect to LDK Solar securities pledged under. of 12 months toward end September 2013.
NEW YORK-- Chinese solar equipment maker LDK Solar says lenders to its controlling shareholder won't sell loan-related collateral for a year. That gave lenders the right to sell the collateral, which includes shares of LDK Solar.
Take a look at some of Tuesday’s morning movers:
Still bruised by the March jobs reports, markets will be watching jobless claims to see if the trend towards job growth remains intact — or if it'll be a repeat of last year.
LDK Solar lowered the top end of its previous fourth-quarter sales forecast, citing lower-than-expected shipments of solar wafers, cells, and modules.
The Street is enamored with the old "sell in May and go away" philosophy; everyone seems poised for a sell-off, or at least a consolidation. Never mind that many of those spouting these clichés have lost a ton keeping their short positions on for the last couple months: The economy is just not improving the way everyone keeps saying, they insist, and dammit I am going to be right — at some point.
Take a look at some of Monday morning’s early movers:
Prospective bank buyers are outweighing sellers, signaling that after a big lull in U.S. bank M&A last year, the market may revive in 2012.
Prospects for the already battered solar stocks are getting darker as analysts anticipate another round of price declines due to virtual end of subsidies to the sector.
There's a cynical stock market adage that bad companies make for good trades. It's a bit of trading knowledge that can help investors identify stocks where even if the long-term outlook is promising, short-term management mistakes offer trading opportunities.
Everyone loves triumph in the face of adversity (as evidenced by the "Lin-sanity" currently gripping the nation) so it's hardly surprising that investors are enjoying the tech sector's rebound after a moribund 2011.
Bank of America just saw the heat turned up again in its multipronged, multibillion-dollar legal battle over problem mortgages, according to an analyst report.
Facebook, which filed for its hotly anticipated IPO after the stock market close Wednesday, unveiled some surprises in its hefty 202-page regulatory document.
Doing the required research to determine which dividend-yielding stocks should be in your portfolio is a daunting task. Consider investing in dividend exchange-traded funds instead.
Is the solar stock rally merited, in a sector where supply is still running ahead of demand, and profitability — even for the best-run manufacturing operations — could be slim to none in 2012?
Gadgets and cars are two products that seem to be growing in every country of the world, making earnings reports from Apple and Ford Motor critical to watch in the coming week.