LOS ANGELES (Reuters) - Suntech Power Holdings Co Ltd, the world’s top solar panel maker, posted sharply higher quarterly earnings due to a better-than-expected 62 percent rise in revenue and a $250 million increase in the value of …
China’s one-time solar champion is about to be delisted from the New York Stock Exchange. The move caps a dramatic reversal of fortune for Suntech Power Holdings, which raised $400 million in an initial public offering in 2005. Suntech’s …
Nov 6 (Reuters) - China's Suntech Power Holdings Co Ltd , once the world's largest maker ... Suntech's shares fell as much as 23 percent to $1.15 on the New York Stock Exchange on Wednesday. "We do think this is the end for …
Shares of Suntech (NYSE: STP) have jumped about 3% this morning as an analyst at Macquarie upgraded the stock from Underperform to Neutral. The firm also lifted its price target on the solar stock from $13.50 to $19. Suntech shares most …
China's Suntech Power has put its largest subsidiary into bankruptcy, a casualty of rampant ... Parent company Suntech Power (STP), listed on the New York Stock Exchange, will not file for bankruptcy. But the company's share price is …
Jet Airways, Jain Irrigation, KPIT Tech, L&T Infotech, MEP Infra, Natco Pharma, Omaxe, Ramco Cements, Repco Home, Shipping Corp, SML Isuzu, Suntech Realty, Tata Motors and Vidhi Specialty will declare their quarter and full-year …
Suntech's stock is down nearly 98 percent since 2008 as this chart shows. In the past year, it's been down nearly 80 percent:
According to stock-analysis firm Trefis, China plans to generate at least 15% of its total power from renewable sources by 2020, with much of that likely to come from solar. As a Chinese company, Suntech should be able to win a sizable …
[Photo/China Daily] NYSE contacts firm after debt lifeline staves off immediate bankruptcy Suntech Power Holdings Corp, one of the world's largest solar panel makers, has been contacted by the New York Stock Exchange regarding unusual …
Macpherson denied that Suntech was considering any move to pull its shares from the New York Stock Exchange. Suntech’s shares were down 4.7 percent at $1.01 at midday on the NYSE, bringing their decline so far this year to …