First Solar (FSLR) Moves Lower Following Dilutive Equity Offering

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First Solar (FSLR) Prices 8.5M Share Offering at $46/Sh

June 13, 2013 6:47 AM EDT

Late Wednesday, First Solar, Inc. (NASDAQ: FSLR) announced the pricing of an underwritten public offering of 8,500,000 shares of its common stock at a price of $46.00 per share, versus Wednesday's NASDAQ close of $46.66. Closing of the offering is expected to occur on June 18, 2013, subject to customary... More

Goldman Maintains Buy on First Solar (FSLR), Adjusts Numbers Following Stock Offering

June 12, 2013 8:30 AM EDT

Goldman Sachs today maintained a Buy rating on First Solar (NASDAQ: FSLR) with a price target of $62.00 (from $64.00). The change reflects a higher share count following a proposed 8.5 million share offering. Goldman also adjusted EPS estimates, lowering them 6%-7% to $4.17/$3.35/$4.47 for FY13/FY14/FY15.... More

First Solar (FSLR) Announces 8.5M Common Stock Offering

June 11, 2013 4:52 PM EDT

First Solar, Inc. (NASDAQ: FSLR) announced the commencement of an underwritten public offering of 8,500,000 shares of its common stock. In addition, First Solar will grant the underwriters a 30-day option to purchase up to 1,275,000 shares of common stock. First Solar intends to use... More

First Solar (FSLR) Files Automatic Mixed Securities Shelf

June 11, 2013 4:49 PM EDT

First Solar, Inc. (NASDAQ: FSLR) filed an automatic mixed securities shelf on form S-3ASR. The company may sell common stock, debt, preferred stock, and/or warrants.... More