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 EDTLate 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 EDTGoldman 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 EDTFirst 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 EDTFirst 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
