Stocks Fall After Fed Minutes Show Willingness to Taper in June
Trina Solar Ltd
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SolarCity, with its shares up more than 50 percent in a little more than a week, may go down as the poster child of the sizzling market for this nutty round of solar stocks.
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SolarCity, with its shares up more than 50 percent in a little more than a week, may go down as the poster child of the sizzling market for this nutty round of solar stocks.
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LONDON, May 22- Overcapacity in the global solar industry is unlikely to disappear soon, suggest data and strategies outlined in the recent financial reports of top manufacturers. That surplus has contributed to sharp falls in the average selling prices of solar panels, or modules, with knock-on impacts for manufacturing profit margins.
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NEW YORK-- Solar companies traded mostly higher on Tuesday as Yingli Green Energy Holdings Co. raised its first-quarter solar shipment forecast. Yingli's revised outlook comes one day after Chinese panel maker JA Solar Holdings Co. announced a rare rise in first-quarter revenue and a smaller-than-expected loss for the period.
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May 21- NEW YORK/ WASHINGTON- Europe and the United States both said on Tuesday they were not holding coordinated talks to negotiate an end to a trade dispute with China over the dumping of solar panels onto their respective markets.
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WASHINGTON, May 21- WASHINGTON, May 21- The United States is not actively negotiating a solar trade deal with the European Union and China, a spokeswoman for the U.S.
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Solar stocks rose Monday after Chinese panel maker JA Solar announced a rare rise in revenue and quarterly loss far smaller than expected. JA Solar Holdings Co. Ltd., based in Shanghai, announced Monday that revenue in the first quarter rose compared with a year earlier for the first time since June of 2011, and that its loss narrowed.
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*Bank of America helps lead Dow higher. NEW YORK, May 14- U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will help propel the rally further. Bank of America, up 2.8 percent at $13.34, was the Dow's biggest percentage gainer, while Citigroup Inc rose 2.4 percent to $50.09.
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NEW YORK-- Chinese solar panel maker Trina Solar Ltd. on Tuesday cut its estimate for solar module shipments in the quarter that ended in March, sending its shares lower in morning trading. Trina Solar now anticipates shipments of 390 to 400 megawatts, down from a previous forecast of 420 to 430 megawatts.
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NEW YORK-- Chinese solar panel maker Trina Solar Ltd. on Tuesday cut its estimate for solar module shipments in the quarter that ended in March, sending its shares lower in morning trading. Trina Solar now anticipates shipments of 390 to 400 megawatts, down from a previous forecast of 420 to 430 megawatts.
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LONDON, May 10- The latest round of company financial reports suggests that solar module selling prices will continue to fall, although more slowly than previously. China's Yingli, one of the top module manufacturers by volume shipped, pointed to a stabilisation of prices in an upbeat assessment which was not specific on timing.
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**RADCOM LTD, $4.05, up 53 pct. **DELCATH SYSTEMS INC, $0.43, down 45 pct. **LINKEDIN CORP, $181.69, down 10 pct.
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**RADCOM LTD, $4.05, up 53 pct. **DELCATH SYSTEMS INC, $0.43, down 45 pct. **LINKEDIN CORP, $181.69, down 10 pct.
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**RADCOM LTD, $4.05, up 53 pct. **DELCATH SYSTEMS INC, $0.43, down 45 pct. **LINKEDIN CORP, $181.69, down 10 pct.
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**LINKEDIN CORP, $186.46, down 8 pct. **VIVUS INC, $13.28, up 3 pct. Arena said on Thursday that it pulled its application seeking approval for its anti-obesity treatment Belviq in the European Union, lowering competition for rival Vivus, whose obesity pill was recommended for European approval by regulators late last month.
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**LINKEDIN CORP, $186.46, down 8 pct. **VIVUS INC, $13.28, up 3 pct. Arena said on Thursday that it pulled its application seeking approval for its anti-obesity treatment Belviq in the European Union, lowering competition for rival Vivus, whose obesity pill was recommended for European approval by regulators late last month.
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**RADCOM LTD, $4.05, up 53 pct. **LINKEDIN CORP, $181.69, down 10 pct. The U.S. Justice Department is suing the company and its hospice subsidiaries, including the biggest U.S. for-profit hospice chain, alleging false billings for Medicare hospice services.
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**ORCHARD SUPPLY HARDWARE STORES, $2.11, up 42 pct. Telular said it may solicit superior proposals from third parties through may 29, 2013. Germany's Bayer AG has agreed to buy the U.S. contraceptive devices maker for $1.1 billion, aiming to underpin its position as the world's largest women's healthcare provider.
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*Says will continue to get support from China- based banks. April 18- Chinese solar panel maker LDK Solar Co Ltd, which partially defaulted on a bond payment this week, said it was in the process of securing a 2 billion yuan credit facility as it struggles to meet looming debt payments.
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Despite the financial headwinds battering solar panel makers, alternative energy has a bright future, First Solar CEO James Hughes said Thursday.
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*Microsoft jumps nearly 4 pct and leads the Dow's advance. *Alcoa tops profit expectations, early earnings have been strong. *Solar companies have bright day after First Solar outlook.