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 …
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 …
Suntech, a Chinese company considering Oregon as a manufacturing site ... Suntech shares closed at $12.48 Friday on the New York Stock Exchange, down 99 cents or 7.35 percent.
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 in the …
Seriously? On Friday, March 15, 2013, Suntech Power Holdings did not make the due payment of US$541 million on convertible bonds. Here comes the surprise: the firm's share price on the New York Stock Exchange (NYSE) went up …
... 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 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 …
Suntech (STP) investors concerned about customer relationship Suntech shares fall 15 percent Renesola (SOLA) cuts 2009 revenue view, stock down 11.6 pct LDK (LDK) sees thin margins until market improves By Matt Daily and Nichola …
China Development Bank Corp. is among its lenders. Suntech raised a total of $743 million from Wall Street in two separate stock offerings in 2005 and 2009. The bonds traded in New York. Shi started Suntech in 2001 after serving as …