Roth Capital Cuts Price target to $35 on Daqo New Energy (DQ) Following 2Q15

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Daqo New Energy (DQ) Plans to Restructure Xinjiang Daqo Unit; Will Explore Potential Listing

August 12, 2015 7:40 AM EDT

Daqo New Energy (NYSE: DQ) announced that it proposes to restructure Xinjiang Daqo New Energy Co., Ltd. ("Xinjiang Daqo"), a subsidiary of the Company, and is exploring the idea of listing Xinjiang Daqo separately on the National Equities Exchange and Quotations, an emerging over-the-counter market in China (the "New Third Board"). Xinjiang Daqo operates the polysilicon production facilities of the Company located in Shihezi, Xinjiang Uyghur Autonomous Region.

Pursuant to the restructuring plan, which has been approved by the board of directors of the Company and its audit committee, Xinjiang Daqo Investment Co.,... More

Daqo New Energy (DQ) Tops Q2 EPS by 5c

August 11, 2015 6:36 AM EDT

Daqo New Energy (NYSE: DQ) reported Q2 EPS of ($0.09), $0.05 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $34.3 million versus the consensus estimate of $34.95 million.

Polysilicon production volume(1) of 1,734 MT in Q2 2015, compared to 1,801 MT in Q1 2015

For... More

Trading Radar for 8/10: Towers Watson (TW), Cree (CREE), CyberArk (CYBR), Arcos Dorados (ARCO), Fossil (FOSL) Report

August 10, 2015 2:18 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Productivity: Prelim. - Street sees 1.4%Unit Labor Costs: Prelim. - Street sees 0.1%

Earnings:

Addvantage Technologies Group, Inc. (Nasdaq: AEY) - no Street consensus
AerCap Holdings (NYSE: AER) - consensus EPS $1.32
Aldeyra Therapeutics (Nasdaq: ALDX) - consensus loss $0.35
Applied DNA Sciences (Nasdaq: APDN) - consensus... More