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Morgan Stanley Downgrades JinkoSolar On Possibility Of 52% Downside From Consensus
Wednesday, May 31, 2017 - 8:16am | 289Analyst at Morgan Stanley are not optimistic about Chinese utility company JinkoSolar Holding Co., Ltd. (NYSE: JKS) after double-downgrading its rating from Overweight to Underweight. Justification For Significant Downgrade The double-downgrade is especially significant against the backdrop of an...
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SunEdison Leads Short Interest Trend In Solar Stocks
Saturday, February 13, 2016 - 11:58pm | 629Short interest in many of the leading solar stocks shrank in the most recent period. Two solar companies in particular led that trend in late January. Analysts on average recommend buying shares of both of them. While short sellers shied away from many of the leading solar stocks between the...
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Why Short Interest Surged In These 3 Solar Stocks
Tuesday, December 15, 2015 - 10:32am | 960Short interest in many leading solar stocks grew in the most recent period. Sunedison Inc (NYSE: SUNE), TerraForm Power Inc (NASDAQ: TERP) and Sunrun Inc (NASDAQ: RUN) saw sharp increases in short interest in late November. Short sellers lost interest in just a few solar stocks late in the month...
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Markets Continue To Rally Ahead Of Yellen's Speech At Jackson Hole
Thursday, August 21, 2014 - 5:16pm | 2993U.S. stocks rose as the S&P 500 toppled to a new all-time high of 1,994.76 while the Dow rose above the 17,000 mark following positive economic reports. Speaking from Jackson Hole, San Francisco's Federal Reserve President John Williams stated that raising the benchmark interest rate...
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Markets Mostly Higher Despite Initial Negative Reaction From FOMC Minutes
Wednesday, August 20, 2014 - 5:31pm | 2792U.S. stocks were mostly higher as the S&P 500 and Dow continue trading near historical all-time highs. The S&P 500 briefly dipped into negative territory immediately following the Federal Reserves's minutes while the Dow trading lower but stayed in positive territory. The NASDAQ...
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Dow Posts Triple-Digit Point Gain; S&P 500 And NASDAQ Also Higher As Global Concerns Calm
Monday, August 18, 2014 - 4:59pm | 2150U.S. stocks gained as geopolitical tension eased as the Nasdaq finished the day at a 14-year high. Russia stated that it settled a dispute over a humanitarian aid convoy to Ukraine while a five-hour meeting between officials of both countries may have brought about moderate progress. In Iraq...
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Markets Higher In Another Quiet Session Ahead Of Expiration Of Ceasefire Between Israel And Hamas
Wednesday, August 13, 2014 - 4:43pm | 2982U.S. stocks rose for the third time in four days bringing the Dow back into positive territory for the year. Investors appeared to brush up poor retail sales from Macy's while focusing on business inventories that rose in June. On the international front, Ukraine said it would not allow...
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Stocks Mixed Despite Better Than Expected GDP
Wednesday, July 30, 2014 - 4:43pm | 2929U.S. stocks were mixed as the Fed continued to wind down its monthly asset purchase program by another $10 billion. The Fed noted that the economy rebounded in the second quarter despite significant under-utilization remaining in the labor market. As such, the Fed noted, it will maintain a...
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Big Short Interest Swings In These 3 Solar Stocks
Saturday, July 26, 2014 - 1:47pm | 1054Among the leading U.S. solar-related stocks, First Solar (NASDAQ: FSLR), GT Advanced Technologies (NASDAQ: GTAT) and SolarCity (NASDAQ: SCTY) saw the largest percentage changes in the number of shares sold short in the first two weeks of July. While short sellers shied away from SunPower (...
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3 Solar Stocks With Short Interest Still Rising
Monday, July 14, 2014 - 12:34pm | 852Among the leading U.S. solar-related stocks, First Solar (NASDAQ: FSLR), SolarCity (NASDAQ: SCTY) and SunPower Holdings (NASDAQ: SPWR) saw the largest percentage increases in the number of shares sold short in the final two weeks of June. Short sellers shied away from Advanced Energy Industries and...
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Market Wrap For April 8: Markets Bounce Higher As Earnings Season Begins
Tuesday, April 8, 2014 - 4:54pm | 2569U.S. stocks rose as major indices finished the day just barely in the green as the Dow was up as much as 50 points and lower by 65 points before settling the day gaining 10 points. The Nasdaq bounced back sharply from its worst three-day performance since 2011 as investors went bargain hunting...
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Earnings Expectations For The Week Of March 3: Costco, SolarCity And More
Sunday, March 2, 2014 - 5:36pm | 755The calendar page has turned, and the earnings season is all but done. But this week's earnings highlights will include quarterly reports from a few more retailers, such as Costco, Kroger, RadioShack and Staples, as well as some solar companies, including SolarCity and Trina Solar. Here is a...
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Three Rising Asian Stocks With More Room To Grow
Monday, December 9, 2013 - 8:03am | 821E-House (China) Holdings (NYSE: EJ), ICICI Bank (NYSE: IBN) and Tata Motors (NYSE: TTM) are each trading more than 20 percent higher than 90 days ago. They all pay dividends, and analysts see some further room for them to grow into the new year. In addition, other Asian stocks traded on U.S....
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First Solar's Japanese-Fueled Rally is Misguided
Monday, June 18, 2012 - 2:51pm | 547The solar stocks have been rallying today following a Bloomberg article about Japanese solar power incentives. According to the article, Japan will overtake Germany and Italy as the second biggest solar power market in the world. The incentives might be a catalyst for more than $9.6 billion in...
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Rolling the Dice With Solar: TAN, JKS, FSLR, and Snake Eyes
Wednesday, July 27, 2011 - 9:19am | 417FRANKFURT - Solar has not given most investors in the sector a sunny disposition so far this year. The Guggenheim Solar ETF (NYSE: TAN) is down over 8% year-to-date and an investor who has stuck it out with ReneSola (NYSE: SOL) has seen that investment drop by over 45% since the beginning of the...