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SunPower Corp


  • April 30- Solar panel makers SunPower Corp and First Solar Inc reported a quarterly loss, compared with a year-earlier profit, as they sold fewer power plants ahead of a spinoff of some of their assets into a joint public entity. SunPower and First Solar said in February that they would spin off some of their power plants into a limited partnership called 8 point3...

  • *Jobless claims lowest since 2000. April 30- U.S. stocks, led by the Nasdaq, sold off on Thursday as Apple shares declined, and tech and biotech quarterly results disappointed. The Nasdaq biotech index dropped 3.1 percent on Thursday, led by a 4.5 percent fall in Celgene, which reported lower-than-expected quarterly revenue.

  • Solar panel maker SunPower reports quarterly loss Thursday, 30 Apr 2015 | 4:18 PM ET

    April 30- SunPower Corp, the second-largest maker of solar panels in the United States, reported a quarterly loss, compared with a year-earlier profit, as it sold fewer power plants. The company reported a net loss of $9.6 million, or 7 cents per shares, attributable to shareholders for the first quarter ended March 29 compared with a profit of $65 million, or 42 cents...

  • UPDATE 1-SunPower, Apple to build solar projects in China Thursday, 16 Apr 2015 | 10:05 AM ET

    April 16- Solar panel maker SunPower Corp said it would partner with Apple Inc to build two solar power projects in China's Sichuan province with total capacity of 40 megawatts. The projects, when complete, will be co-owned by Apple and Sichuan Shengtian New Energy Development Co Ltd, SunPower's project development joint venture. SunPower and longstanding...

  • In documents filed with Hawaii's utility regulator, SunPower Corp, SunEdison Inc and a group backed by SolarCity say they are worried the acquisition would be bad for their businesses, many of which have grown dramatically in the Aloha State in just a few years. "A decision on this merger could be a signal of what utility 2.0 looks like," Robert Harris, a Hawaii- based...

  • UPDATE 2-Trina Solar plans IPO of power plants business Wednesday, 4 Mar 2015 | 11:41 AM ET

    *Plans to set up low-cost plants outside China. Trina's U.S. rivals, SunPower Corp and First Solar Inc, said last week that they were in talks to set up a venture that would hold some of their power-generating assets. The company said it expects to spend $250 million- $300 million on its manufacturing business and about $1.1 billion on the downstream, or power plants,...

  • Feb 24- U.S. solar company First Solar Inc on Tuesday reported sharply higher quarterly earnings in part due to the sale of a large California solar power plant to Southern Co.. For the first quarter, First Solar forecast sales of $550 million to $650 million and a loss of 25 cents to 35 cents a share. On Monday, First Solar and SunPower said they were in talks to bundle...

  • The 2 industries fighting over your electric bill Tuesday, 24 Feb 2015 | 1:34 PM ET
    Solar panel instalation

    Some utilities are pushing back against the growing number of customers who use solar technology to generate their own electricity.

  • *SunPower Q4 adj profit of $0.26/ shares vs est. of $0.24. *SunPower, First Solar shares up on JV news. Feb 24- Shares of solar companies got a boost on Tuesday, a day after SunPower Corp and First Solar Inc said they were in talks to jointly spin off some assets, a move expected to generate stable cash flows for the long-standing rivals.

  • Waiting for Yellen Q&A, but QE helping elsewhere Tuesday, 24 Feb 2015 | 10:21 AM ET
    The Federal Reserve building in Washington.

    As investors await word on U.S. interest rate increases, quantitative easing certainly seems to be helping stock markets in Europe and Japan.

  • Early movers: HD, CMCSA, TOL, ODP, JPM & more Tuesday, 24 Feb 2015 | 8:15 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • SunPower quarterly profit beats estimates Tuesday, 24 Feb 2015 | 8:13 AM ET

    Excluding one-time items, SunPower earned 26 cents per share in the fourth quarter ended Dec. 28, above analysts' average estimate of 24 cents per share, according to Thomson Reuters I/B/E/S.

  • Feb 23- First Solar Inc and SunPower Corp said they were in advanced talks to form a joint venture, which will hold some of their solar power-generating assets. First Solar's shares rose 10.4 percent, while SunPower's stock was up 11.8 percent in after-market trading on Monday. First Solar and SunPower said they intend to file with the U.S. Securities and Exchange...

  • After-hours buzz: Express Scripts, SunPower & more Monday, 23 Feb 2015 | 5:21 PM ET
    Traders work on the floor of the New York Stock Exchange, Dec. 11, 2014.

    Check out which companies are making headlines after the bell Monday: Stifel, Express Scripts, SunPower & more.

  • Feb 23- First Solar Inc and SunPower Corp said they were in advanced talks to form a joint venture, which will hold some of their power-generating assets. The solar companies said they intend to file with the U.S. Securities and Exchange Commission for an initial public offering of limited partner interests in the "yield co.". First Solar's shares rose 10.4 percent,...

  • Feb 18- Citigroup Inc said it would set aside $100 billion to fund environmental projects over the next decade, doubling the amount it had earmarked for such projects in 2007.. Citigroup financed the Solar Star photovoltaic project in Southern California for Berkshire Hathaway Energy in 2013.. The project, constructed by Sunpower Corp, is expected to generate...

  • ... And these stocks are losing on lower oil Friday, 28 Nov 2014 | 1:30 PM ET
    A Halliburton worker walks through a hydraulic fracturing (fracking) site north of Dacono, Colorado, U.S.

    Oil producer and driller stocks are falling after oil's dip, but other energy companies are also seeing their stocks drop.

  • Trader bets sun will shine on SunPower Friday, 21 Nov 2014 | 10:13 AM ET

    Behind the big options bet on the solar stock.

  • SunPower CEO: ‘We’ll be back’ Thursday, 13 Nov 2014 | 8:06 PM ET
    Technicians install solar panels on a house in Mission Viejo, Calif.

    SunPower CEO Tom Werner says he's optimistic about the company's future.

  • Your first trade for Friday Thursday, 13 Nov 2014 | 6:01 PM ET
    Fast Money Final Trade: FXC, EWZ, M, TLT

    The "Fast Money" traders share their final trades of the day.