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.
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 …
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 ...
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 …
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.
(Reuters) - Suntech Power Holdings Co Ltd STP.N, the world’s largest maker of solar panels whose shares hit a high of $90 in early 2008, runs the risk of being booted out by the New York Stock Exchange. The company did not meet the …
Four years later, Shi’s confidence paid off when his Suntech Power Holdings Ltd. went public on the New York Stock Exchange and investors snapped up shares, turning him into a billionaire. Last year, Shi ranked No. 7 on the Forbes …
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 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 when you’re talking …
Around the region, MSCI’s Asia ex-Japan stock index was weaker by 0.14 percent ... followed by Huayi Electric Co Ltd losing 10.02 percent and Wenyi Suntech Co Ltd down by 10.02 percent. ** About 13.42 billion shares were traded on …