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Daqo New Energy Shares Plunge, Roth Capital Downgrades On New Chinese Solar Policy
Monday, June 4, 2018 - 4:04pm | 337Chinese solar stocks were under heavy selling pressure Monday in reaction to the government's decision to suspend the construction of new solar farms and cut subsidies to solar companies. One of the most impacted companies is Daqo New Energy Corp (NYSE: DQ), according to Roth Capital Partners...
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Analysts Are Having A Hard Time Predicting Solar Beyond 2016
Wednesday, September 16, 2015 - 3:02pm | 367Philip Shen of Roth Capital Partners commented in a note that near-term fundamentals for the solar sector are "healthy." Shen added that visibility beyond 2016 "remains unclear." Shen's top solar picks remain Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE: HASI), Solaredge Technologies Inc (NASDAQ...
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Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 4:46pm | 3092U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
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Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss
Thursday, May 15, 2014 - 4:41pm | 2809U.S. stocks declined for the second straight day after investors and traders digested disappointing earnings from retailers and economic reports were disappointing. The Dow suffered a triple-digit point loss and declined one percent after the retailer giant Wal-Mart failed to "wow" investors....
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Market Wrap For April 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...
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Market Wrap For January 2: Markets Begin 2014 on Negative Note
Thursday, January 2, 2014 - 5:45pm | 1461Major indices saw plenty of red during the first trading session of 2014. There were no fundamental reasons for the Dow to suffer a triple digit point loss, along with the S&P 500 and Nasdaq indices ending the day lower. "People are taking profits and seeking bargains," according to Jim...
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Market Wrap For December 10: Fed Meeting One Week Away
Tuesday, December 10, 2013 - 5:41pm | 1996After starting the week hitting record closes yesterday, major indices slipped in today's trading session. Investors are anxiously awaiting next week's Federal Reserve meeting which it is becoming more and more apparent that tapering is set to begin sooner, rather than later. The meetings will...