... Suntech back on track for growth.” The solar panel maker is listed on New York Stock Exchange and enjoyed a market capitalization of $16 billion at its peak. Last Friday, the company missed on the payment of $541 million worth of …
Suntech Power is traded on the New York Stock Exchange, and had a market capitalization of $16 billion at its peak. The company failed to make payments last Friday on $541 million worth of convertible debt. The bankruptcy filing of …
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 …
Monday, the American depositary shares of Suntech fell 8.4% to 64 cents in 4 p.m. trading on the New York Stock Exchange. (Sixty-four cents. By comparison, the stock was trading at $85.16 in December 2007. And as of today, it's …
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 ...
Solar power, which is much more expensive than other forms of power ... New Jersey and the District. Shares of Suntech Power Holdings , a Chinese maker of photovoltaic cells used in solar panels, were up as much as 35 percent …
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 …
“If you are here, I will come to you and ask, ‘Do you need any help?’ ” Suntech went public on the New York Stock Exchange in 2005. Within months, its stock price more than doubled, spurring public offerings by other Chinese solar …
Suntech Power Holdings Corp, one of the world's largest solar panel makers, has been contacted by the New York Stock Exchange regarding unusual trading of its American depositary shares. In a statement, the China-based manufacturer …