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 …
It raised a total of $743 million from Wall Street in two separate stock offerings in 2005 and 2009. Shi started Suntech in 2001 after serving as research director at another solar company in Australia, Pacific Solar. He received a bachelor’s …
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 …
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 …
A woman answering the phone in the executive offices of the group headquarters of Wuxi Guolian, the holding company, said that a deal had already been reached for the acquisition of Suntech, which is traded on the New York Stock
Suntech’s U.S. shares tumbled in the days leading up to the debt deadline as fears rose that the company could be forced into bankruptcy. The stock, down nearly 80 percent in the past 12 months, dipped another 6 cents to close at 64 cents …
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 …
To add to the dysfunction, the New York Stock Exchange has said it will suspend trading in the shares on Nov. 11. While Suntech’s demise drags on, investors in other Chinese companies should watch closely. U.S.-listed Chinese …
Parent company Suntech Power, listed on the New York Stock Exchange, will not file for bankruptcy. But the company's share price is now trading around 60 cents, down from $50 in 2008. Wuxi accounts for about half Suntech's 20,000 …
Suntech is listed on the New York Stock Exchange, but the firm is registered in the Caymen ... the government-owned firm said he had no information on any plans regarding a bailout for Suntech. The report continued with the person …