[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 …
rebuild the Company’s operating assets, and rehabilitate the Company’s global brand. Suntech’s stock is up nearly 10% in mid-afternoon trading on Wednesday at $1.39 in a 52-week range of $0.30 to $1.99.
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 …
Thoratec chose a permanent chief financial officer; Suntech Power Holdings said its recently-named interim CFO is relinquishing the role for personal reasons; American Stock Transfer & Trust hired the former CFO of Mellon HR Solutions.
was lured back by officials in Wuxi who wanted to develop high-tech industry and put up $6 million to start Suntech. Shi later bought out his state backers with help from a group led by Goldman Sachs and went public on the New York …
The sector as a whole could slash prices by half as soon as 2013, he added. Hot on the scent of a company within striking distance of grid parity, investors sent Suntech’s stock soaring (reports of the solar industry’s lobbying efforts at the UN ...
Chinese equity Suntech Power Holdings Co. (STP) filed for bankruptcy last week, with its stock falling 40% after it defaulted on $541 million in bonds, and this having a snowball effect on solar stocks, with other Chinese solar …
Shares of China-based Suntech shares fell more than 15 percent to $1.33 on the New York Stock Exchange as investors feared the world’s largest maker of solar panels would have try to tap debt markets to raise more than $500 million to …
A spokesman for Suntech Power, whose shares are traded on the New York stock exchange, declined to comment. Suntech was founded in 2001 by Shi Zhengrong. Shi, who trained and worked at the University of NSW, was stripped of …
[ID:nBNG62856] Shares of Suntech, which is set to report quarterly results on Thursday, were up nearly 13 percent at $15.47 in trading on Monday on the New York Stock Exchange. “This is truly an international marketplace, especially …