ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Two days ago, MEMC Electronic Materials (WFR) issued a late earnings warning stating that it “…experienced a disruption in production at its polysilicon facility in Pasadena, Texas due to an equipment failure on August 7, 2009, requiring a large portion of the facility to be shut-down…The lost production and related costs are expected to negatively … Read more
First Solar (FSLR) wasted no time in securing a deal from China. One day after announcing the arrival of senior Chinese government leaders from the Standing Committee of the National People’s Congress of China, FSLR announced that it had secured a major contract in Inner Mongolia. This 2 gigawatt desert solar power plant is exactly … Read more
Even as angry and restive voices grow louder and louder for confronting the Chinese assault on the global solar market, First Solar (FSLR) is hosting a delegation of senior Chinese government leaders from the Standing Committee of the National People’s Congress of China to talk shop on solar. FSLR’s press release states that the delegation … Read more