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LDK's Blow-Out Results Lights Solar Stocks (CSIQ, FSLR, STP, SOL, More...)
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A number of solar stocks are higher after the close following blow-out results from LDK Solar (NYSE: LDK). LDK reported Q2 EPS of $1.29, versus analyst estimate of $0.42. Revenues for the quarter were $441.7 million, versus the consensus of $282.04 million. LDK sees FY08 $1.65 billion to $1.75 billion versus $1.16 billion consensus.
Solar stocks: First Solar, Inc. (Nasdaq: FSLR) +1.3%, Suntech Power Holdings Co. Ltd. (NYSE: STP) +4%, Evergreen Solar Inc. (Nasdaq: ESLR) +3%, JA Solar Holdings Co., Ltd. (Nasdaq: JASO) +5%, Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) +3.5%, SunPower Corporation (Nasdaq: SPWR) +1%, Canadian Solar Inc. (Nasdaq: CSIQ) +5%, Solarfun Power Holdings Co. Ltd. (Nasdaq: SOLF) +5%, ReneSola Ltd. (NYSE: SOL) +6%, China Sunergy Co. Ltd. (Nasdaq: CSUN) +5%, Trina Solar Ltd. (NYSE: TSL) +6, Akeena Solar, Inc. (Nasdaq: AKNS) +3.5%, MEMC Electronic Materials Inc. (NYSE: WFR) +1%.
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