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Suntech stock took a beating Monday after the company said it might be the victim of fraud to the tune of $679 million. Suntech, whose U.S. subsidiary, Suntech America, is based in San Francisco, said it put $679 million into a fund called Global Solar ...
The Business Journal · 7/30/2012
$10.68 Price Estimate We recently launched coverage on Suntech Power with a $10.68 price estimate for the company’s stock. We’ve broken down our analysis of Suntech Power into three main business segments: 1. PV Modules; 2. PV Cells, and 3.
Forbes · 1/28/2011
With shares in insolvency-hit solar manufacturer Suntech leaping yesterday to close at US$0.48 on rumors Warren Buffett is interested in a purchase, all eyes will be on the stock when the market reopens at 3.30 pm today. Shares in Suntech, whose main ...
pv-magazine.com · 4/9/2013
There's currently a rumor going around that Buffett might be interested in buying Suntech out of bankruptcy, and while this is nothing official, it's enough to have made the solar panel maker's stock go up almost 50% (as of now) over the past 2 days.
Tree Hugger · ByMichael Graham Richard · 4/9/2013
Investors pounded the stock lower on Feb. 20 after Suntech stuck by its initial production outlook of 530 megawatts of power to be shipped this year. Most analysts had projected shipments of 600 to 700 MW in 2008 and, based on the company's track …
Bloomberg · 2/20/2008
The surprise move is meant to get Suntech’s financial house in order after four consecutive unprofitable quarters and a stock price that has fallen more than 50 percent this year. The company has a crushing debt load of over $2.2 billion and says it was ...
MIT Technology Review · 8/20/2012
Shares of Suntech have jumped on the news, gaining 2.6% to $1.20, while the Guggenheim Solar (TAN) exchange-traded fund has gained 0.8%. Other Chinese solar companies including LDK Solar (LDK) and Yingli Green Energy (YGE) have dropped this …
Barron's · 3/7/2013
One interesting footnote as the end draws near is what’s happened to Suntech’s stock. This kind of bankruptcy filing usually causes a company’s stock to become nearly worthless, since shareholders seldom recovery anything from such reorganizations.
Alt Energy Stocks · 11/8/2013
Suntech Power has said it intends to appeal a decision by NYSE Regulation, the oversight body of the New York Stock Exchange, to delist the company’s American Depository Shares. Earlier this month NYSE Regulation said it was taking the action due …
PV Tech · 11/19/2013
Declining prices for solar products and global trade spats ... dependent on government support. Parent company Suntech Power (STP), listed on the New York Stock Exchange, will not file for bankruptcy. But the company's share price is now trading around ...
CNN Money · ByCharles Riley · 3/21/2013