Tag Archives: fslr

First Solar Up On Deal In Japan, New Chinese Tariffs

First Solar (FSLR) on Monday announced a new deal to supply solar modules to a Japanese solar distributor, which coupled with news Friday about new tariffs to be imposed on Chinese solar markers helped boost First Solar stock. Japan is “one of the highest-priced (solar) markets globally,” so the deal is a “positive,” Sven Eenmaa, an analyst with Stifel, Nicolaus & Co., told IBD. First Solar stock was up more than 3% in afternoon trading in the

SunPower, First Solar, Other Solar Stocks Climb

Solar-energy stocks SunPower and First Solar, among others, saw some heat in Thursday trading. Solar-panel maker SunPower (SPWR) stock jumped 2.7% on the stock market today. SunPower late Wednesday closed a $400 million offering, with the debt sold convertible to shares initially valued at about $48.76 apiece, the company said in a regulatory filing. It would represent a 42.5% premium over Wednesday’s closing price. First Solar (FSLR) was up 0.5%

China Solar Stocks Dive As Feds Protect U.S. Makers

Major U.S. solar panel manufacturers, including First Solar (FSLR), jumped in the stock market today as Chinese rivals fell, the effect of government tariff moves in a trade dispute between America and China. The largest company by market cap, Tempe, Ariz.-based First Solar, rose nearly 4%, and San Jose, Calif.-based SunPower (SPWR) was up 7%. Chinese makers, known for selling low-priced solar components and increasingly subsidized by their own