Tag Archives: csun
Extension of China Sunergy’s injunction against REC granted by Norwegian Court (CSUN)
China Sunergy Co. Ltd, a specialized solar cell manufacturer based inNanjing, China, announced that the Court in Norway has granted anextension of the injunction against REC Wafer Norway AS relating tocertain bank guarantees. On October 15, 2009, the injunctionagainst REC Wafer Norway AS previously granted by the Salten DistrictCourt in Norway would have expired. China [...]
More details on China Sunergy’s REC Wafer injunction granted in Norway (CSUN)
NANJING, CHINA: China Sunergy Co. Ltd, a specialized solar cellmanufacturer based in Nanjing, China, has provided additional insightregarding the injunction granted by the Salten District Court in Norwayrelated to the ongoing proceedings with REC Wafer. On September11, 2009 the Norwegian court granted a preliminary injunction, based onChina Sunergy’s petition, prohibiting REC Wafer Norway AS from [...]
China Sunergy (CSUN) Beats Estimates, Swings Back To A Profit
A surprisingly good quarter out of China Sunergy (CSUN)this morning. The company swung back to a profit in the quarter,posting .03/share excluding one time items on revenues of $70.1million. Analysts were expecting .01/share and $60.79 millionrespectively. It looks like the company is finally getting its costsunder control which it had been unable to do in [...]
China Sunergy (CSUN) Provides Positive Guidance; Shipments and Margins Better Than Expected
China Sunergy (CSUN) is out with some positive comments about themost recent quarter, saying that solar cell shipments have slightlyexceeded the previously announced guidance of 35 – 40MW and grossmargins are expected to be closer to 9% rather than the low singledigits. They also expect a return to profitability. Said CEO Dr. Allen Wang, ”We [...]
Solar Stocks Kick-Up The Heat
Today’s Stocks Alertsinclude: Ldk Solar (NYSE: LDK), Canadian Solar (Nasdaq: CSIQ), Ja SolarHoldings Inc. (Nasdaq: JASO), Suntech Power (NYSE: STP), Yingli GreenEnergy (NYSE: YGE) and China Sunergy Co (Nasdaq: CSUN). LDK Solar (NYSE: LDK) StockAlert – LDK CFO Expects Low Gross Margins in Q2 and into Q3; Co. toPresent at the Deutsche Bank Alternative Energy [...]
Hot stocks for Friday – Canadian Solar and China Sunergy
CSUNbounced with the market on Thursday, but did not hit resistance at$4.20. I still like this stock and will watch it again on Friday.Resistance stays at $4.20, which was last week high. Technically, ChinaSunergy looks very good here, especially if market attempts a rallyagain. Although the moving average still shows weakness as 50 daymoving average [...]
Solar stocks to follow – Yingli Green Energy Hold., Renesola and China Sunergy Co.
YGE- Yingli Green Energy Holding Company Limited, is a verticallyintegrated photovoltaic (PV) product manufacturer in China. The stockis starting to show signs of acumulation with high volume on upsidedays and low on dowside days. The technical daily chart shows the stockis in a short term bull market rally with MACD on top of signal lineand [...]
China Sunergy (CSUN) Reports Steep Loss, Revenues Plunge 50%, But Stock Rises
The theme that we’ve seen for several months now continues for themost part.. solar company reports steep loss and plunging revenues, butthe stock holds up or even rises as is the case with China Sunergy(CSUN) today. The company reported a steeper than expected loss of.33/share (vs expectations of a .26) on revenues of just $37 [...]