Latest Ldk Solar Co. Ltd (LDK) Headlines
Move Slow With Fuel Cell Markers or Risk Shock
at The Street - Tue Mar 11, 5:30AM CDT
It's easy to get carried away by emotion while watching a stock you wanted to buy continue to make new highs almost every hour for a week straight. But it's a trap.
LDK Solar Welcomes Appointment of Joint Provisional Liquidators in Cayman Islands
PR Newswire - Mon Mar 03, 2:15AM CST
LDK Solar Co., Ltd. - in provisional liquidation ("LDK Solar" or the "Company"; NYSE: LDK) announces that the Grand Court of the Cayman Islands appointed Tammy Fu and Eleanor Fisher, both partners of Zolfo Cooper (Cayman) Limited of 38 Market Street, 2nd Floor, Canella Court, Camana Bay, Grand Cayman, Cayman Islands, as joint provisional liquidators ("JPLs") for the Company on February 27, 2014. This appointment was made pursuant to a winding-up petition filed by the Company, acting by its directors, on February 21, 2014 on grounds of insolvency. The Company welcomes the appointment of the JPLs and will work with them to resolve its offshore liquidity issues.
LDK Solar aims to resolve offshore liquidity by filing in Grand Court in Cayman Islands
M2 - Tue Feb 25, 3:47AM CST
LDK Solar Co Ltd (NYSE: LDK) announced on Monday that it has made a filing with the Grand Court of the Cayman Islands, on 21 February 2014, for the appointment of joint provisional liquidators in connection with its plans to resolve its offshore liquidity issues.
LDK Solar Files in Cayman Islands to Resolve Offshore Liquidity
PR Newswire - Mon Feb 24, 7:46AM CST
LDK Solar Co., Ltd. ("LDK Solar"; NYSE: LDK) announces that LDK Solar made a filing on February 21, 2014 with the Grand Court of the Cayman Islands for the appointment of joint provisional liquidators in connection with its plans to resolve its offshore liquidity issues. LDK Solar has made considerable progress in its discussions with its key offshore creditors in line with the terms announced in its press release of December 27, 2013. LDK Solar intends to continue such discussions over the next few days and anticipates a favorable conclusion to those discussions. The filing and the proposed appointment do not affect any of the LDK Solar-affiliated entities operating in the People's Republic of China and LDK Solar has no intention of initiating any additional debt restructuring proceedings in that jurisdiction. LDK Solar's bank group for its mainland China operations has expressed unanimous support for LDK Solar's continued discussions with its offshore creditors with a view to resolving its offshore liquidity issues.
Hot Stock: LDK Solar, Shares Drop 5.5% (LDK)
Comtex SmarTrend(R) - Tue Feb 18, 10:11AM CST
LDK Solar (NYSE:LDK) is one of today's worst performing low-priced stocks, down 5.5% to $1.04 on 2.4x average daily volume. Thus far today, LDK Solar has traded 2.6 million shares, vs. average volume of 1.1 million shares per day. The stock has underperformed the Dow (-5.5% to the Dow's -0.1%) and underperformed the S&P 500 (-5.5% to the S&P's 0.1%) during today's trading.
LDK Solar announces new forbearance arrangement with holders of notes
M2 - Fri Feb 14, 5:05AM CST
LDK Solar Co Ltd (NYSE: LDK), a vertically integrated manufacturer of photovoltaic (PV) products, announced on Thursday the entering into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its USD-settled 10% senior notes due 2014.
LDK Solar announces forbearance arrangement with noteholders
M2 - Fri Feb 14, 3:59AM CST
LDK Solar Co Ltd (NYSE: LDK), a manufacturer of photovoltaic (PV) products based in China, announced on Thursday it is entering into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its USD-settled 10% senior notes due 2014.
LDK Solar Enters into Further Forbearance Arrangement with Noteholders
PR Newswire - Thu Feb 13, 8:05AM CST
LDK Solar Co., Ltd. ("LDK Solar"; NYSE: LDK) announced that it has entered into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its US$-Settled 10% Senior Notes due 2014 (the "Notes"). The new forbearance arrangement, which expires on February 27, 2014, relates to the interest payment due under the Notes on August 28, 2013. That interest payment is still unpaid. It is LDK Solar's intention to find a consensual solution to its obligations under the Notes as soon as possible and LDK Solar remains hopeful that it will be able to achieve that goal. As reported previously, LDK Solar has engaged Jefferies LLC as a financial advisor for strategic advice in connection with the Notes and LDK Solar's other offshore obligations. Holders of LDK Solar's offshore debt obligations may contact Augusto King at aking@Jefferies.com, or Steven Strom at sstrom@Jefferies.com, Lyndon Norley at lyndon.norley@Jefferies.com, or Richard Klein at rklein@Jefferies.com with any questions.
Canadian Solar Lifts Q4 & 2013 Guidance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 12, 3:42PM CST
Canadian Solar Inc. has provided selective preliminary results for the fourth quarter and full-year 2013.
LDK Solar announces new forbearance arrangement with holders of its senior notes
M2 - Fri Jan 24, 4:49AM CST
LDK Solar Co Ltd (NYSE: LDK), a vertically integrated manufacturer of photovoltaic (PV) products, announced on Thursday that it has entered into a new 21-day forbearance arrangement with holders of a majority in aggregate principal amount of its USD-settled 10% senior notes due 2014.
The Coming Solar Boom
Joshua Bondy, The Motley Fool - Motley Fool - Tue Jan 21, 8:00AM CST
Renewables are the fastest growing energy source in BP 's Energy Outlook to 2035. The Energy Information Agency predicts an even higher yearly growth rate of 9.8% for U.S. solar until 2040. Right now you can buy many solar manufacturers for around...
Investors look to Lighten Up on Shares of LDK Solar, Shares Down 7.4% (LDK)
Comtex SmarTrend(R) - Fri Jan 17, 10:13AM CST
LDK Solar (NYSE:LDK) is one of today's worst performing low-priced stocks, down 7.4% to $1.11 on 2.1x average daily volume. LDK Solar has traded 2.5 million shares thus far today, vs. average volume of 1.2 million shares per day. The stock has underperformed the Dow (-7.4% to the Dow's 0.3%) and underperformed the S&P 500 (-7.4% to the S&P's -0.1%) during today's trading.
This Week's Solar Recap
Travis Hoium, The Motley Fool - Motley Fool - Sat Jan 11, 10:00PM CST
The solar industry had another busy week, even if that didn't mean a lot of movement for most of the industry's stocks. As I highlighted earlier this week, large solar projects continue to drive a lot of demand for the industry, and some of China's ...
LDK Solar enters into new forbearance arrangement for interest payment on senior notes with noteholders
M2 - Fri Jan 10, 6:32AM CST
LDK Solar Co Ltd (NYSE: LDK), a vertically integrated manufacturer of photovoltaic (PV) products, announced on Thursday the entering into a new 15-day forbearance arrangement with holders of a majority in aggregate principal amount of its USD-Settled 10% senior notes due 2014.
Discovery Ventures and Roca Mines Announce Partial Payment and Extension of Payment Terms with Respect to Acquisition of Max Mine and Mill from Roca Mines
Marketwire Canada - Wed Jan 08, 4:02PM CST
Discovery Ventures Inc. (TSX VENTURE
VN) ("Discovery") and Roca Mines Inc. ("Roca") are pleased to announce they have amended the letter agreement dated November 4, 2013 (the "Agreement") with Roca and FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo"). Pursuant to the original letter agreement, Roca granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo. FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure.
Europe faces $2.25bn economic loss from December windstorms, according to Impact Forecasting catastrophe report
PR Newswire - Tue Jan 07, 10:50AM CST
Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, today releases the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during December 2013. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON).
E-Commerce Platform Payelp Expands Mobile Coverage for Merchants by Partnering with Fortumo
PR Newswire - Tue Jan 07, 8:33AM CST
International business and payment platform Payelp Global announced its partnership and integration with Fortumo, which offers merchants "one-click" mobile payments in 79 countries worldwide.
3 Predictions for Solar in 2014
Jay Yao, The Motley Fool - Motley Fool - Sun Jan 05, 3:17PM CST
The solar sector had a rally for the ages in 2013. Several solar stocks were up over 400%. Canadian Solar rallied 10-fold. Many of the trends that sparked solar's rally in 2013 should continue for 2014. What will 2014 bring for the solar...
Move Slow With Fuel Cell Markers or Risk Shock
at The Street - Tue Mar 11, 5:30AM CDT
It's easy to get carried away by emotion while watching a stock you wanted to buy continue to make new highs almost every hour for a week straight. But it's a trap.
LDK Solar Welcomes Appointment of Joint Provisional Liquidators in Cayman Islands
PR Newswire - Mon Mar 03, 2:15AM CST
LDK Solar Co., Ltd. - in provisional liquidation ("LDK Solar" or the "Company"; NYSE: LDK) announces that the Grand Court of the Cayman Islands appointed Tammy Fu and Eleanor Fisher, both partners of Zolfo Cooper (Cayman) Limited of 38 Market Street, 2nd Floor, Canella Court, Camana Bay, Grand Cayman, Cayman Islands, as joint provisional liquidators ("JPLs") for the Company on February 27, 2014. This appointment was made pursuant to a winding-up petition filed by the Company, acting by its directors, on February 21, 2014 on grounds of insolvency. The Company welcomes the appointment of the JPLs and will work with them to resolve its offshore liquidity issues.
LDK Solar aims to resolve offshore liquidity by filing in Grand Court in Cayman Islands
M2 - Tue Feb 25, 3:47AM CST
LDK Solar Co Ltd (NYSE: LDK) announced on Monday that it has made a filing with the Grand Court of the Cayman Islands, on 21 February 2014, for the appointment of joint provisional liquidators in connection with its plans to resolve its offshore liquidity issues.
LDK Solar Files in Cayman Islands to Resolve Offshore Liquidity
PR Newswire - Mon Feb 24, 7:46AM CST
LDK Solar Co., Ltd. ("LDK Solar"; NYSE: LDK) announces that LDK Solar made a filing on February 21, 2014 with the Grand Court of the Cayman Islands for the appointment of joint provisional liquidators in connection with its plans to resolve its offshore liquidity issues. LDK Solar has made considerable progress in its discussions with its key offshore creditors in line with the terms announced in its press release of December 27, 2013. LDK Solar intends to continue such discussions over the next few days and anticipates a favorable conclusion to those discussions. The filing and the proposed appointment do not affect any of the LDK Solar-affiliated entities operating in the People's Republic of China and LDK Solar has no intention of initiating any additional debt restructuring proceedings in that jurisdiction. LDK Solar's bank group for its mainland China operations has expressed unanimous support for LDK Solar's continued discussions with its offshore creditors with a view to resolving its offshore liquidity issues.
Hot Stock: LDK Solar, Shares Drop 5.5% (LDK)
Comtex SmarTrend(R) - Tue Feb 18, 10:11AM CST
LDK Solar (NYSE:LDK) is one of today's worst performing low-priced stocks, down 5.5% to $1.04 on 2.4x average daily volume. Thus far today, LDK Solar has traded 2.6 million shares, vs. average volume of 1.1 million shares per day. The stock has underperformed the Dow (-5.5% to the Dow's -0.1%) and underperformed the S&P 500 (-5.5% to the S&P's 0.1%) during today's trading.
LDK Solar announces new forbearance arrangement with holders of notes
M2 - Fri Feb 14, 5:05AM CST
LDK Solar Co Ltd (NYSE: LDK), a vertically integrated manufacturer of photovoltaic (PV) products, announced on Thursday the entering into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its USD-settled 10% senior notes due 2014.
LDK Solar announces forbearance arrangement with noteholders
M2 - Fri Feb 14, 3:59AM CST
LDK Solar Co Ltd (NYSE: LDK), a manufacturer of photovoltaic (PV) products based in China, announced on Thursday it is entering into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its USD-settled 10% senior notes due 2014.
LDK Solar Enters into Further Forbearance Arrangement with Noteholders
PR Newswire - Thu Feb 13, 8:05AM CST
LDK Solar Co., Ltd. ("LDK Solar"; NYSE: LDK) announced that it has entered into a new 14-day forbearance arrangement with holders of a majority in aggregate principal amount of its US$-Settled 10% Senior Notes due 2014 (the "Notes"). The new forbearance arrangement, which expires on February 27, 2014, relates to the interest payment due under the Notes on August 28, 2013. That interest payment is still unpaid. It is LDK Solar's intention to find a consensual solution to its obligations under the Notes as soon as possible and LDK Solar remains hopeful that it will be able to achieve that goal. As reported previously, LDK Solar has engaged Jefferies LLC as a financial advisor for strategic advice in connection with the Notes and LDK Solar's other offshore obligations. Holders of LDK Solar's offshore debt obligations may contact Augusto King at aking@Jefferies.com, or Steven Strom at sstrom@Jefferies.com, Lyndon Norley at lyndon.norley@Jefferies.com, or Richard Klein at rklein@Jefferies.com with any questions.
Canadian Solar Lifts Q4 & 2013 Guidance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 12, 3:42PM CST
Canadian Solar Inc. has provided selective preliminary results for the fourth quarter and full-year 2013.
LDK Solar announces new forbearance arrangement with holders of its senior notes
M2 - Fri Jan 24, 4:49AM CST
LDK Solar Co Ltd (NYSE: LDK), a vertically integrated manufacturer of photovoltaic (PV) products, announced on Thursday that it has entered into a new 21-day forbearance arrangement with holders of a majority in aggregate principal amount of its USD-settled 10% senior notes due 2014.
The Coming Solar Boom
Joshua Bondy, The Motley Fool - Motley Fool - Tue Jan 21, 8:00AM CST
Renewables are the fastest growing energy source in BP 's Energy Outlook to 2035. The Energy Information Agency predicts an even higher yearly growth rate of 9.8% for U.S. solar until 2040. Right now you can buy many solar manufacturers for around...
Investors look to Lighten Up on Shares of LDK Solar, Shares Down 7.4% (LDK)
Comtex SmarTrend(R) - Fri Jan 17, 10:13AM CST
LDK Solar (NYSE:LDK) is one of today's worst performing low-priced stocks, down 7.4% to $1.11 on 2.1x average daily volume. LDK Solar has traded 2.5 million shares thus far today, vs. average volume of 1.2 million shares per day. The stock has underperformed the Dow (-7.4% to the Dow's 0.3%) and underperformed the S&P 500 (-7.4% to the S&P's -0.1%) during today's trading.
This Week's Solar Recap
Travis Hoium, The Motley Fool - Motley Fool - Sat Jan 11, 10:00PM CST
The solar industry had another busy week, even if that didn't mean a lot of movement for most of the industry's stocks. As I highlighted earlier this week, large solar projects continue to drive a lot of demand for the industry, and some of China's ...
LDK Solar enters into new forbearance arrangement for interest payment on senior notes with noteholders
M2 - Fri Jan 10, 6:32AM CST
LDK Solar Co Ltd (NYSE: LDK), a vertically integrated manufacturer of photovoltaic (PV) products, announced on Thursday the entering into a new 15-day forbearance arrangement with holders of a majority in aggregate principal amount of its USD-Settled 10% senior notes due 2014.
Discovery Ventures and Roca Mines Announce Partial Payment and Extension of Payment Terms with Respect to Acquisition of Max Mine and Mill from Roca Mines
Marketwire Canada - Wed Jan 08, 4:02PM CST
Discovery Ventures Inc. (TSX VENTURE
VN) ("Discovery") and Roca Mines Inc. ("Roca") are pleased to announce they have amended the letter agreement dated November 4, 2013 (the "Agreement") with Roca and FortyTwo Metals Inc., a wholly-owned subsidiary of Roca ("FortyTwo"). Pursuant to the original letter agreement, Roca granted an exclusive option to Discovery to acquire all of the issued and outstanding common shares of FortyTwo. FortyTwo holds, among other assets, the Max Mine which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailings storage facilities, mineral claims, mining leases, licenses and other holdings located near Trout Lake in the Revelstoke mining division of the Province of British Columbia. The Max Mine is located approximately 135 kilometres from Discovery's Willa Project and is a formerly producing molybdenum mine that operated from 2007 until November 2011 when depressed metal prices led to its closure. Europe faces $2.25bn economic loss from December windstorms, according to Impact Forecasting catastrophe report
PR Newswire - Tue Jan 07, 10:50AM CST
Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, today releases the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during December 2013. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON).
E-Commerce Platform Payelp Expands Mobile Coverage for Merchants by Partnering with Fortumo
PR Newswire - Tue Jan 07, 8:33AM CST
International business and payment platform Payelp Global announced its partnership and integration with Fortumo, which offers merchants "one-click" mobile payments in 79 countries worldwide.
3 Predictions for Solar in 2014
Jay Yao, The Motley Fool - Motley Fool - Sun Jan 05, 3:17PM CST
The solar sector had a rally for the ages in 2013. Several solar stocks were up over 400%. Canadian Solar rallied 10-fold. Many of the trends that sparked solar's rally in 2013 should continue for 2014. What will 2014 bring for the solar...
