China's electric vehicle sales surged five-fold in the first 10 months of 2014, raising concerns over potential over-investment from from local governments.» 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.
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.
Jamie Dimon speaks out, PC sales are in decline; U.S. sets tariffs on solar panels and Spain is downgraded by the S&P for the third time this year.
Oct 10- Suntech Power Holdings Co Ltd:.
*U.S. says China was dumping solar products. WASHINGTON, Oct 10- The United States on Wednesday set steep final duties on billions of dollars of solar energy products from China, but turned down a request from lawmakers and U.S. manufacturers to expand the scope of its order.
Oct 10- Suntech Power Holdings Co Ltd, the world's largest maker of solar panels, said its interim chief financial officer Anlin Ting-Mason had stepped down due to personal reasons. Mason will continue as CFO of Suntech America, the company said in a regulatory filing.
WASHINGTON, Oct 10- The United States said on Wednesday it had set final anti-dumping duties ranging from 18.32 percent to 249.96 percent on billions of dollars of solar panels and cells from China to offset unfair pricing.
In one of the largest trade cases the U.S. has pursued against the Asian superpower, the Commerce Department said China's government is subsidizing companies that are flooding the U.S. market with low-cost products _ a tactic known as "dumping."
WASHINGTON, Oct 10- The United States has set final anti-dumping duties ranging from 18.32 percent to 249.96 percent on billions of dollars of solar panels and cells from China, an attorney involved in the case said on Wednesday.
Oct 10- Suntech Power Holdings Co Ltd:. *Anlin Ting-Mason has stepped down from position of interim CFO for personal. *David King will assume position of acting CFO, in addition to his role as CEO.
*Solar panel makers have also filed action in Europe against Chinese manufacturers. WASHINGTON/ LOS ANGELES, Oct 8- The U.S. Commerce Department on Wednesday will announce final duties on billions of dollars of solar panels from China in a high-profile case that has raised fears of further damage to an already fragile industry.
MILAN, Oct 2- An investment fund controlled by China's Suntech Power Holdings said on Tuesday it would strengthen its position in Italy, denying it was involved in a fraud allegedly committed by one of the fund's shareholders.
Oct 1- Southern Pacific Resource Corp:. *BMO resumes coverage of Southern Pacific Resource with outperform. Reuters Station users, click. 1568.
Oct 1- Southern Pacific Resource Corp:. *Raymond James cuts Southern Pacific Resource Corp target price to. Reuters Station users, click. 1568.