$STPFQ News

Last published 5y ago

5y agoENPH STPFQ DQSolar Stocks Propel Asia Hedge Funds to Supersized GainsBloombergSolar energy is back in favor with hedge funds.
9y agoSTPFQ CSIQSolar Industry Crowns New Leader as Jinko Expands at Wrong TimeBloombergJinkoSolar Holding Co. is poised to become the latest solar-industry leader to learn coming in first doesn’t always make you a winner.
10y agoSTPFQOnce a Billionaire, Miao Is China’s Latest Humbled Solar KingBloombergMore than two decades ago in China, Miao Liansheng made a first tentative step toward harnessing the sun to produce power -- eventually becoming a billionaire.
11y agoSTPFQYingli Set to Get Lifeline From Chinese State-Run Solar PartnerBloombergYingli Green Energy Holding Co., the debt-strapped solar manufacturer that lost almost a third of its value this week, may get emergency funds to refinance.
11y agoTSLA STPFQHanergy's Li Said He’s No Gambler, Just Weeks Before Shares CrashedBloombergChinese solar entrepreneur Li Hejun, chairman of a solar manufacturer that on Wednesday lost nearly half of its market value in less than 30 minutes, said in an interview earlier this year that he’s no gambler.
11y agoSTPFQBaoding Tianwei Default Exposes Weaknesses in China Solar SectorBloombergBaoding Tianwei Group Co.’s default on an onshore bond, the first by a state-owned company in China, exposes the toll a glut of solar manufacturing has inflicted on some of the smallest and financially weakest producers.
12y agoSTPFQSuntech Seeks New Cash After China Bankruptcy, Liquidator SaysBloombergSuntech Power Holdings Co., the Chinese solar panel maker that’s in bankruptcy proceedings, is seeking as much as $150 million to revive its business, according to its court-appointed liquidators.
12y agoSTPFQSuntech Unit Gets New Creditor Reprieve From Swiss CourtsBloombergSuntech Power Holdings Co., the Chinese solar manufacturer involved in bankruptcy proceedings, said Swiss judicial authorities extended a moratorium on credit claims made against its European unit until June 19, 2014.
13y agoKKR BAC MCO STPFQAtari Wins Approval to Send Plan to Vote: BankruptcyBloombergNov. 1 (Bloomberg) -- Atari Inc., the bankrupt video-game
13y agoMCO STPFQ BACBMW Dealer Sweetens Bonds Amid $1.9 Trillion Debt: China CreditBloombergChina ZhengTong Auto Services Holdings Ltd., the luxury car dealer that scrapped a bond last year, is planning to sell credit-enhanced notes as concern grows about Chinese companies’ $1.9 trillion of debt.
13y agoSTPFQ CSIQSolar Shipments Surge in Second Quarter as Demand in Asia SwellsBloombergSolar-panel shipments in the second quarter by three of the four largest producers exceeded projections by as much as 32 percent as demand in Asia surged.
13y agoTREE RUN AONE STPFQ+1Solar Sales Moving From Sofa to Websites to Speed OrdersBloombergU.S. solar companies are borrowing sales techniques from online retailers to make paying for power as easy as buying an airplane ticket.
13y agoSTPFQ CSIQChina Solars Move Factories Overseas to Avoid EU DutiesBloombergAs Europe slaps duties on $15 billion of solar panels, their Chinese producers are preparing to counterattack with devices assembled from South Africa to Istanbul that will avoid the import taxes.
13y agoSTPFQ JASOJA Solar Expects Second-Quarter Shipments to Beat EstimateBloombergJA Solar Holdings Co., China’s biggest solar-cell maker, expects deliveries in the second quarter to exceed an earlier forecast on higher demand from the U.S. and Japan.
13y agoSTPFQTrina Solar Declines as Quarterly Loss Exceeds EstimatesBloombergTrina Solar Ltd., China’s third-largest panel manufacturer, fell the most in a week as declining prices led to a first-quarter loss that exceeded expectations.
13y agoSTPFQSuntech Has $541 Million Confirmed Debt Claims, Government SaysBloombergThe restructuring administrator of Suntech Power Holdings Co.’s Wuxi unit, which was forced into bankruptcy in March, has confirmed 3.32 billion yuan ($541 million) of debt claims, the Wuxi city government said.
13y agoSTPFQ QIHU BIDUQihoo Slips With Baidu as Web Ads Trail: China OvernightBloombergQihoo 360 Technology Co., the Chinese Internet company whose search engine debut drove shares to a record, is falling along with rival Baidu Inc. on concern advertising spending isn’t keeping pace with economic growth.
13y agoFSLR STPFQSuntech Short Positions Closed After Bankruptcy Cuts Stock PriceBloombergShort interest in Suntech Power Holdings Co. has plunged to its lowest level since 2007, suggesting investors have closed out positions betting it will decline after the Chinese solar company’s main unit went bankrupt.
13y agoEDU STPFQSuntech Jumps on Buffett Buyout Report: China OvernightBloombergChinese solar manufacturers rallied in New York, led by Suntech Power Holdings Co., on a report that billionaire Warren Buffett may be interested in buying the company forced into bankruptcy after defaulting on debt.
13y agoSTPFQSolar Glut Survives Suntech as Customers Seek AlternativeBloombergA day after Suntech Power Holdings Co. Ltd. became the solar industry’s biggest corporate failure, workers continued to load and unload trucks at its main factory in China, adding to the global oversupply of panels.
13y agoSTPFQSuntech Names Wuxi Executive to Serve as PresidentBloombergSuntech Power Holdings Co., the Chinese solar manufacturer seeking financial support from the regional authorities in Wuxi, named an executive from a government-backed development company to serve as its president.
13y agoNYT STPFQSuntech Set for Takeover by Wuxi Government in China, NYT SaysBloombergSuntech Power Holdings Co. is preparing to be taken over by local government authorities in Wuxi where it’s based, the New York Times reported.
13y agoSTPFQSuntech Unit May Seek Bankruptcy Protection, Business SaysBloombergWuxi Suntech Power Co. , a unit of Suntech Power Holdings Co., may seek bankruptcy protection between March 15 and March 20, the China Business Journal reported, citing a person it didn’t identify.
13y agoSTPFQ FENG WXWuXi Tops First Jump in Month on Profits: China OvernightBloombergChinese equities rose in New York, headed for their first weekly advance in more than a month, as signs of a recovery in the world’s second-biggest economy bolstered earnings.
13y agoSTPFQSuntech’s Ousted Founder Says Board Has No Plan for DebtBloombergShi Zhengrong, who was ousted as chairman of Suntech Power Holdings Co. this week, said the solar manufacturer’s board has no plans for refinancing the $541 million convertible bond due on March 15.
13y agoSTPFQ JASOYingli Fourth-Quarter Shipments Surge as Solar Prices SlumpBloombergYingli Green Energy Holding Co., the Chinese company that may become the biggest solar manufacturer, said shipments of panels surged at more than double its expected pace in the fourth quarter as prices fell.
13y agoNTES FMCN C CSCO+5Ambow Leads ADR Slump to Cheapest Level: China OvernightBloombergAmbow Education Holding Ltd. is leading a decline in Chinese education providers listed in the U.S., trading at its cheapest-ever level as investors wait for updates on earnings and an internal probe.
13y agoSTPFQ FSLR CSIQCanadian Solar Sees Growth From Selling PowerBloombergCanadian Solar Inc., the solar-panel maker whose shares have dropped 77 percent in the past two years, plans to get almost half its revenue next year from selling solar farms after prices for panels collapsed.
13y agoSTPFQ FSLRInfigen, Suntech Scale Back Plans for Solar Project in AustraliaBloombergInfigen Energy and Suntech Power Holdings Co. cut the size of a solar plant proposed for Australia’s New South Wales state to about a quarter of the original plan as they vie for federal funds.
13y agoFSLR STPFQ CSIQCanadian Solar Falls to Record Low on Reduced ForecastBloombergCanadian Solar Inc., the third-largest maker of solar panels, fell to a record low after third-quarter sales slumped and the company reduced its shipment forecast for 2012.
14y agoSTPFQSuntech Sells Solar Panels to EDP Renovaveis for Romania PlantsBloombergSuntech Power Holdings Co., the world’s biggest maker of solar panels, signed a contract to supply 39 megawatts of the devices to EDP Renovaveis SA as the company expands in Eastern Europe.
14y agoSTPFQSuntech Jumps After Cutting Solar Manufacturing CapacityBloombergSuntech Power Holdings Co., the world’s largest solar-panel manufacturer, rose the most in almost a week after temporarily reducing production capacity to lower costs amid a global oversupply.
14y agoNEE STPFQ AONE FSLRTrina Seeks Partners in Shift Away From Solar-Panel ProductionBloombergTrina Solar Ltd., the solar-panel maker that reported a fourth quarterly loss last month, is seeking partners to diversify as a global glut of panels and slowing demand in Europe spur a shakeup of the industry.
14y agoSTPFQ SOHU AMBOSohu Jumps on ECB Bond Program as Ambow Rallies: China OvernightBloombergChinese stocks traded in New York climbed the most in a month as European policy makers agreed on steps to safeguard the region’s currency, fueling optimism for exporters in Asia’s biggest economy.
14y agoSTPFQ FSLRSolar Panel Maker Doubles Output as Prices Drop: Corporate IndiaBloombergSurana Ventures Ltd., an Indian maker of solar panels, is planning to double production after oversupply from Chinese manufacturers pushed prices down by almost 34 percent in the past year.
14y agoFSLR STPFQRousseff Solar Push Thwarted by BNDES Loan Ban: Corporate BrazilBloombergBrazil’s bid to spur solar-energy projects is failing as a ban on state subsidies for foreign-made panel parts hinders sales by the world’s biggest producers.
14y agoGE BRK/A STPFQ NEE+1Top U.S. Solar Company Profits Amid Red: EnergyBloombergFirst Solar Inc. Chairman Mike Ahearn has found the best way to make money from photovoltaics is to sell whole power plants to Warren Buffett and NextEra Energy Inc. instead of competing with China on panel sales.
14y agoCTESY PUDA CYXI AONE+1China Deals Meet Growing Scrutiny as Suntech Spurs QuestionsBloombergSuntech Power Holdings Co.’s admission that it may have failed to verify the existence of German bonds it accepted as loan collateral adds to growing concerns about Chinese business practices that are sparking a wave of lawsuits and regulatory probes.
14y agoSTPFQ GSSolar Boom Heads to Japan Creating $9.6 Billion Market: EnergyBloombergJapan is poised to overtake Germany and Italy to become the world’s second-biggest market for solar power as incentives starting July 1 drive sales for equipment makers from Yingli Green Energy Holdings Co. to Kyocera Corp.
14y agoSTPFQ DANGAsiaInfo Surges as ADRs Rally for Second Week: China OvernightBloombergAsiaInfo-Linkage Inc. and E-Commerce China Dangdang Inc. sent Chinese stocks traded in the U.S. for the steepest two-week rally since February on bets the nation will join counterparts in taking steps to spur growth.
14y agoSTPFQPhono Solar to Partner With Suntech Amid Price DeclinesBloombergPhono Solar Technology Co., a state-owned solar module-maker, agreed to team with Suntech Power Holdings Co. in sun-powered businesses amid a supply glut and declining prices that have depressed profits.
14y agoBAC STPFQSolar Silicon Falling 9% Widens Slump That Hit SolyndraBloombergPolysilicon, the raw material used to make most solar panels, is forecast to fall another 9 percent from its lowest in a decade as a supply glut narrows margins throughout the industry.
14y agoGS STPFQ SPWR FSLRSolar Suppliers Head for First Demand Drop as Subsidy CutBloombergFewer solar panels will be installed this year as the first drop in more than a decade worsens a glut of the unsold devices that’s already slashed margins at the top five manufacturers, an analyst survey showed.
14y agoSTPFQ DANGTudou Drops as Rally in Internet Stocks Pauses: China OvernightBloombergChinese Internet companies fell, led by Tudou Holdings Ltd., on speculation gains of as much as 50 percent in the online sector this year were excessive and that China’s faster-than-forecast inflation in January may erode the companies’ profit.
14y agoBIDU STPFQ SOHU CMelco Jumps as NY Index Rises Most in a Month: China OvernightBloombergChinese equities traded in the U.S. rose the most in a month after the nation cut banks’ reserve requirement for the first time since 2008 to bolster growth.
15y agoSTPFQLG Electronics Denies Report It Seeks to Buy Suntech PowerBloombergLG Electronics Inc. is not seeking to buy solar-cell maker Suntech Power Holdings Co., Ken Hong, a Seoul-based spokesman for the South Korean company, said by telephone, denying an earlier report by MoneyToday. The Korean-language news agency said LG has held talks to buy Suntech Power, and that a 1.06 trillion won rights offering may be for funding an acquisition.
15y agoSTPFQ SPRD RENN QIHU+11Sohu.com Falls Most in a Month on Higher Costs: China OvernightBloombergSohu.com Inc., the operator of China’s fifth-most visited website, and its online games unit Changyou.com led a decline among Chinese stocks trading in the U.S. as higher costs squeezed their third-quarter profit margin.
15y agoSCCO BGS NUE FSLR+7AIG, Alcoa, DreamWorks, Humana, Trex, Valero: U.S. Equity MoversBloombergShares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 1:40 p.m. in New York.
15y agoSPWR KO STPFQChina Elbows Into German Soccer as Solar Rivalry Hits FieldBloombergChinese solar companies including Suntech Power Holdings Co. are reaching into the homes of German soccer fans for the first time, ramping up advertising to oust local suppliers from Europe’s biggest electricity market.
15y agoSTPFQ EIX SPWRSunPower Rises on Higher Guidance, U.S. Market OutlookBloombergSunPower Corp. reached an 11-month high after the San Jose, California-based solar panel maker raised first quarter and full-year guidance.