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SOL

ReneSola

$2.50

0.05 (2.04%)

06:33
07/17/17
07/17
06:33
07/17/17
06:33

ReneSola engages financial advisor, legal counsel to review non-binding proposal

ReneSola announced that the special committee of its board has retained Roth Capital Partners as its financial advisor and Kirkland & Ellis as its U.S. legal counsel in connection with its review and evaluation of the previously-announced preliminary non-binding proposal, dated June 13, from Xianshou Li, the company's Chairman and CEO, to acquire the company's manufacturing business and LED distribution business and assume related indebtedness and other alternatives available to the company.

SOL ReneSola
$2.50

0.05 (2.04%)

08/05/16
ROTH
08/05/16
DOWNGRADE
Target $1
ROTH
Sell
ReneSola downgraded to Sell from Neutral at Roth Capital
Roth Capital analyst Philip Shen downgraded ReneSola to Sell from Neutral as the company continues to be "highly" exposed to upstream ASP weakness, which the analyst expects to put pressure on its margins and earnings ahead and potentially further stretch the company's balance sheet. Shen believes the softening demand in major solar markets and increasing cell/module capacity in 2016 is creating an oversupply situation that could persist for 1.5 years. He lowered his price target on the shares to $1 from $1.45.
03/29/17
FBCO
03/29/17
UPGRADE
FBCO
Neutral
ReneSola upgraded to Neutral from Underperform at Credit Suisse
04/18/17
OTRG
04/18/17
NO CHANGE
OTRG
Solar PV Manufacturers downgraded to Negative from Mixed at OTR Global
OTR Global view on crystalline PV producers in the solar integrator market was downgraded to Negative from Mixed following checks that indicate global crystalline PV prices fell in Q1 and inventories increased. Further 2017 Chinese installations are expected at 27-28GW, below 34.21 GW in 2016.

TODAY'S FREE FLY STORIES

PRTA

Prothena

$60.32

-0.43 (-0.71%)

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HK

Halcon Resources

$5.90

-0.1 (-1.67%)

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Halcon Resources rating change  »

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ARMK

Aramark

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MDXG

MiMedx

$13.51

0.31 (2.35%)

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IPXL

Impax

$19.95

-0.85 (-4.09%)

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  • 09

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JBL

Jabil Circuit

$28.61

0.37 (1.31%)

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EVTCY

Evotec

$51.15

2.3099 (4.73%)

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Evotec management to meet with Deutsche Bank »

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  • 17

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GPRO

GoPro

$9.08

-0.48 (-5.02%)

, CREE

Cree

$29.28

-0.08 (-0.27%)

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Options
Unusual put flow in option market yesterday »

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GPRO

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CREE

Cree

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MT

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Pioneer Natural

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BABY

Natus Medical

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CARB

Carbonite

$22.30

-0.5 (-2.19%)

07:30
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Initiation
Carbonite initiated  »

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  • 02

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NEWS

NewStar Financial

$12.13

0.23 (1.93%)

07:30
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Breaking Hot Stocks news story on NewStar Financial »

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JRVR

James River Group

$41.95

-0.08 (-0.19%)

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Initiation
James River Group initiated  »

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  • 02

    Nov

MDB

MongoDB

07:27
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Syndicate
MongoDB IPO deal range increased to $20.00-$22.00 »

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  • 19

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NFLX

Netflix

$202.68

3.19 (1.60%)

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Netflix analyst commentary  »

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  • 22

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PSX

Phillips 66

$90.87

-3.56 (-3.77%)

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  • 27

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VZ

Verizon

$48.09

0.23 (0.48%)

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Periodicals
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VLO

Valero

$77.42

-0.66 (-0.85%)

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  • 26

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SNDX

Syndax

$12.76

0.39 (3.15%)

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IMDZ

Immune Design

$10.10

-0.85 (-7.76%)

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CVS

CVS Health

$72.44

-0.16 (-0.22%)

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CVS

CVS Health

$72.44

-0.16 (-0.22%)

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IPXL

Impax

$19.95

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  • 09

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ANDV

Andeavor

$103.82

-1.55 (-1.47%)

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TCMD

Tactile Systems

$30.87

-1.05 (-3.29%)

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Initiation
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  • 07

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AGN

Allergan

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GRPN

Groupon

$4.70

0.07 (1.51%)

07:22
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Initiation
Groupon initiated  »

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