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SunPower Corp

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  • 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...

  • Nasdaq stocks posting largest percentage increases Tuesday, 24 Feb 2015 | 1:17 PM ET

    SunPower Corp. rose 18.0 percent to $32.80. Staar Surgical Co. rose 12.9 percent to $7.20. Chart Industries Inc. rose 10.9 percent to $34.79.

  • *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.

  • SunPower beats Street 4Q forecasts Tuesday, 24 Feb 2015 | 11:58 AM ET

    SAN JOSE, Calif. _ SunPower Corp. on Tuesday reported fourth-quarter net income of $134.7 million. Analysts expected $610.1 million, according to Zacks. For the current quarter ending in March, SunPower expects its per-share earnings to range from 5 cents to 15 cents.

  • Asian stocks mostly up, cheered by US Fed chair remarks Tuesday, 24 Feb 2015 | 10:18 AM ET

    The latest milestones came as investors liked what they heard from Federal Reserve Chair Janet Yellen, who told Congress the central bank would be patient about raising interest rates as the economy improves. "Markets had been very focused on the Yellen testimony and wanted to see if there was going to be any change in the outlook for the first Fed rate hike," said...

  • 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...

  • NEW YORK— Solar power companies First Solar and SunPower said Monday they plan to combine some of their assets into an investment vehicle that is intended to provide steady dividends. Both First Solar Inc. and SunPower Corp. would contribute some assets to the partnership, and the companies said they intend to file for an initial public offering.

  • 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,...

  • Citigroup to use $100B for green initiatives Wednesday, 18 Feb 2015 | 11:26 AM ET

    Citigroup said it would set aside $100 billion to fund environmental projects over the next decade.

  • 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
    Vivint Solar technicians install solar panels on the roof of 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

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

  • Midday movers: Amazon, Macy's, SunPower & more Thursday, 13 Nov 2014 | 1:19 PM ET

    Some of Thursday's midday movers:

  • Nov 13- SunPower Corp, the second-largest maker of solar panels in the United States, forecast a much lower-than-estimated 2015 profit. SunPower, majority owned by French energy giant Total SA, expects to earn between $1.10 and $1.50 per share, excluding items, in the next year. SunPower also expects to report full-year gross margin in the range of 21-23 percent,...

  • Nov 13- SunPower Corp, the second-largest maker of solar panels in the United States, forecast a much lower-than-estimated 2015 profit, sending its shares down 11 percent. The company expects to earn between $1.10 and $1.50 per share, excluding items, for the next year. Analysts on average were expecting an adjusted profit of $1.69 per share, according to Thomson...

  • UPDATE 1-SunPower profit beats as it sheds inventory Wednesday, 29 Oct 2014 | 9:07 AM ET

    Oct 29- SunPower Corp, the second-largest maker of solar panels in the United States, reported a quarterly profit that handily beat analysts' average estimate as it reduced its stockpile of solar products. SunPower said inventory levels dropped 15 percent in the third quarter on a sequential basis. SunPower forecast non-GAAP revenue of $575 million to $625...

  • SunPower quarterly profit falls 70 pct Wednesday, 29 Oct 2014 | 8:18 AM ET

    Oct 29- SunPower Corp, the second-largest maker of solar panels in the United States, reported a 70 percent fall in quarterly profit as it recorded 14.4 million in charges related to the timing of revenue recognition from utility and power plant projects, among other things. Net income attributable to shareholders slumped to $32 million, or 20 cents per share, in...