Tag Archives: ldk
LDK Solar (LDK) Guides Above Prior Range, But Still Expects Large Q2 Loss
LDK Solar (LDK) is out with an update tonight on results of the 2ndquarter. The company sees Q2 revenues in the range of $225 – 235million which is about inline with the analyst estimates and slightlyabove its previous estimated range. However, the company expects topost a sizable loss of $180 – 200 million in the [...]
LDK Solar (LDK) Continues Push Into Italian Solar Market With Solar Green Technology Acquisition
LDK Solar (LDK) is expanding its presence in the Italian market this morning by acquiring a 70% controlling interest in systems integrator expert Solar Green Technology. The deal should open up more opportunities in the Italian market. “We are very excited to acquire a controlling interest of SolarGreen Technology,” stated Xiaofeng Peng, Chairman and CEO [...]
LDK Solar Updates Outlook For 2nd Quarter And Takes Out Additional Loans
LDK Solar just announced that is has revised its outlook for the 2nd quarter. According to Reuters,the revised outlook is still disappointing, with revenue down from$283.3 million in the first quarter to between $215 to $225 million inthe second quarter. The estimates are between $25 and $35 millionlower than what analysts had expected, as well. [...]
LDK Solar Co. Ltd. (NYSE: LDK) Stock Alert
LDK Solar Co.Ltd. (NYSE: LDK) recent entered into a contract with Italy-basedsystems integrator SAEM Srl to build five 1-megawatt photovoltaicplants in the Apulia region of Italy, the press release said. LDK Solaris a leading manufacturer of multicrystalline solar wafers, which arethe principal raw material used to produce solar cells. According to thereport, the China-based company [...]
LDK Solar (LDK) Gets 5W Deal With Italy’s SAEM
An increasing number of solar deals are coming out of Italy. LDKSolar (LDK) is getting a bit of a pop premarket on news that it willwork with Italy’s SAEM beginning this month to build five 1MW solar PVplants in the Apulia region of Italy. LDK will supply the solar wafersand SAEM will provide just about [...]
LDK Solar (LDK) Hits Milestone In Plant Construction
LDK Solar just announced that is has finished building its first5,000 metric ton train in its new polysilicon plant in Xinyu, China.Once completed, the plant will have an annual capacity of 15,000metric tons. In a press release, representatives of both LDK and Fluor commented on the achievement: “We are very excited to reach this major [...]
LDK Solar (LDK) Reaches Milestone With 660kg Silicon Ingot
About a year ago LDK Solar (LDK) announced a deal with JYT Corp (acompetitor of GT Solar) to begin purchasing silicon ingot furnaces thatwould be capable of producing 800kg ingots, allowing the companygreater quality, efficiencies and margins. The day may be just aroundthe corner when the company can declare it is using those furnaces totheir [...]
June 8-12: Dow, NASDAQ Squeak Up; Solar Beats ‘Em
Akeena Solar, Evergreen and LDK biggest gainers Althoughthe DJIA gained only .04% for the week it logged the biggest 14-weekgain since 1975. The NASDAQ index was up only .005% but is now 14%above its January 5 close and 44% higher than its woeful 1293.85 closeon March 6. The 20 Solar Stock Index (20SSI) is up [...]
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 [...]
June 1-5: Dow Up 3%; NASDAQ, Solar Gain, Too
Market continues bullish LastFriday ended the 13th week of the new bull market which began March 9and virtually all indexes are still running strong. The Dow gainednearly 263 points, over 3% above last week’s close. The NASDAQ was up75 points, just over 4%. The 20 Solar Stock Index (20SSI) had mixedtrading, gaining nearly five points [...]
Intersolar – Reading Between the Lines
On the surface, Intersolar 2009 in Munich, Germany was business asusual: huge halls, filled to the brim with PV-related products of allshapes and sizes. LDK hauled in raw poly rocks courtesy of its recently constructed plant. There was Applied Materials‘gargantuan-sized module, on display from the bevy of customers it linedup last year. There was a sleek [...]
LDK Finding Support
LDK Solar (LDK) reported mixed results after the bell yesterday,reporting an EPS loss of .21/share vs analyst expectations of a smallerloss .06/share as well as the whisper number of a .12/share loss, so nosurprise the stock is off this morning. I’ts trading down about 13%but off the lows and appears to be finding support at [...]
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