First Solar falls 10% on cut guidance
First Solar Inc. shares fall 10% to be the worst performer in the S&P 500, after the energy company’ lowers its 2012 revenue estimate and misses Wall Street’s adjusted earnings target.
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DuPont sales miss on weak solar, electronic demand
DuPont's quarterly revenue missed Wall Street expectations as its customers bought fewer solar-panel materials and digital television parts, offsetting strong demand for chemicals used in agriculture. …
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First Solar cuts 2011 forecast, sees weak 2012
(Reuters) – First Solar Inc cut its 2011 sales and profit forecast for the second time in two months Wednesday and said next year’s profits would fall below Wall Street’s view, sending its shares tumbling more than 20 percent. The company, long the darling of the solar industry, has suffered amid the dramatic drop in the price of solar panels this year that has nearly erased profit margins …
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LDK Solar cuts 3Q, full-year sales outlook
Chinese solar panel maker LDK Solar Co. Ltd. cut its forecast for third-quarter and full-year revenue far below Wall Street expectations because of weak prices for solar-energy equipment.
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