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Did Analysts Expect Too Much Out Of Canadian Solar? Inside The Company's Q3 Earnings
Tuesday, November 22, 2022 - 5:35pm | 423Canadian Solar Inc (NASDAQ: CSIQ) shares dipped after the company's third-quarter earnings came in below analyst estimates. The solar energy company did show growth in key areas, including profits of $1.12 per share ($78.47 million) on revenues of $1.93 billion. Last year in the third quarter,...
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How COVID-19 Has Demonstrated The Value Of Renewable Energy
Monday, June 15, 2020 - 11:50am | 1095As COVID-19 swept the globe, it has put hundreds of thousands of lives at risk and threatened to collapse the world's strongest economies. But there is always a silver lining. In this case, COVID-19 did wonders for our environment. Ducks were seen walking on the streets of Paris, rivers...
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Why Are Solar Stocks Down After Obama's Carbon Announcement?
Monday, August 3, 2015 - 3:54pm | 478On Monday, U.S. president Barack Obama announced what he called the "single most important step America has taken in the fight against global climate change." He introduced the nation's first-ever limits on carbon emissions by power plants. The plan will aim for a 32 percent...
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Outlook for Solar in the U.S. and Canada Brighter in 2013
Wednesday, June 12, 2013 - 8:26am | 539Solar installations in the U.S. increased by 33 percent in Q1, representing nearly half of all new electric capacity added during that period, according to Bloomberg. Washington-based Solar Energy Industries Association (SEIA) said in a statement issued Tuesday that it expects 5.3 gigawatts to...
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The Sun Shines Bright for First Solar
Wednesday, April 10, 2013 - 11:10am | 585Tuesday was a good day to be in solar. Especially First Solar (NASDAQ: FSLR), when shares spiked more than 50 percent rising to a new 52-week high and ending the trading day up more than 45 percent at $39.35. Others in the channel saw more than a little sunshine of their own. JA Solar Holdings...
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Auriga Reiterates Buy Rating On Canadian Solar
Friday, April 15, 2011 - 7:20am | 178According to Auriga, Canadian Solar (NASDAQ: CSIQ) Buy rating is reiterated. Auriga reported that with CSIQ trading 0.8x tangible book and 0.9x gross cash, it finds CSIQ shares too inexpensive to ignore and suggest investors with a time frame beyond this earnings season re-consider shares of CSIQ...
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Piper Jaffray Rolls Out 2012 Estimates On Canadian Solar
Monday, January 3, 2011 - 9:04am | 65Piper Jaffray is rolling out its 2012 estimates on Canadian Solar Inc. (NASDAQ: CSIQ) with a Neutral and a $14 price target based on 8x multiple to its FY12 estimate of $1.69. Some of the risks to achieving that PT, Piper Jaffray said, include subsidy reductions; ASP declines; and execution risks...