Suntech Power is traded on the New York Stock Exchange, and had a market capitalisation of $US16 billion at its peak. The company failed to make payments last Friday on $US541 million worth of convertible debt. The bankruptcy filing of …
Polysilicon is the key raw ingredient in photovoltaic panels and Reuters reports that the disclosure by OCI in a regulatory filing sent OCI’s shares tumbling 9.5% to a six-year low on South Korea’s stock exchange. But don’t expect Suntech’s ...
Now it’s Suntech Power’s (STP) turn. The Wuxi, China-based company saw its stock rally more than 12 percent to $41.75 Wednesday after earnings showed revenues in the second quarter were up 51 percent from the same quarter a year …
Sept 17 (Reuters) - Suntech Power Holdings Co Ltd, are down 58 percent for the year. The weak outlook sent LDK shares down 5 percent to an all-time low of $1.18 on Monday. The stock, which was listed on the New York Stock
BEIJING — Suntech, one of the world’s biggest solar-panel manufacturers ... Among those benefiting Wednesday was First Solar Inc., which saw its stock price rise six percent to close at $29.49. First Solar started in Toledo before …
[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 …
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 …
Suntech's shares fell as much as 23 percent to $1.15 on the New York Stock Exchange on Wednesday. "We do think this is the end for Suntech," Raymond James analyst Ryan Berney told Reuters. Suntech filed for provisional …
The court-appointed administrators of solar power giant Wuxi Suntech Power Co Ltd have found a potential rescuer ... In a filing to the Hong Kong stock exchange on Wednesday, Shunfeng said it had made a bid with the receiver of Wuxi …
American depositary shares of Suntech fell 6 cents, or 5.2 percent, to close at $1.09 on Tuesday on the New York Stock Exchange following the news. Two years ago, the ADRs were trading around $8. Suntech blamed the April 3 closing of …