As expected , China's corporate-bond market has suffered its first ever domestic default , with Shanghai Chaori Solar Energy Science & Technology failing to fully pay 89.8M yuan ($14.7M) in interest that was due today. Until now, China
HONG KONG, March 7 (Reuters) - China shares ended a jittery week with a whimper on Friday, with a slip by financial and property stocks as investors braced for a possible bond default by Chinese solar equipment producer Chaori Solar .
* Chaori solar posts China's first public domestic corporate bond default * Bond yields rise but money rates slide * Traders suspect Beijing easing off on previous attempts to push rates up * Current...
March 6 (Reuters) - Activist investor Casablanca Capital LP on Thursday nominated six directors for election to the board of Cliffs Natural Resources Inc, setting in motion a proxy battle for the iron ore producer that it wants split into two companies.
regulatory risk. But skepticism of renewable energy abounds, with Eni's ( E ) Paolo ..... noting that Europe is realizing that renewables are "more a problem than a solution ..... CEO Joe Kaeser says “using solar panels in Germany is like growing
March 6 (Reuters) - Activist investor Casablanca Capital LP said on Thursday it sent a letter to Cliffs Natural Resources Inc nominating six directors for election to the company's board at its annual meeting in May, setting in motion a proxy battle for the iron ore producer.
Alpha Natural Resources ( ANR ) -2.4% AH after Goldman Sachs downgrades shares to Sell from Neutral with a $4 price target, down from $6. Goldman
Ascent Solar Technologies ( ASTI ): Q4 EPS of -$0.18 misses by $0.07 . Revenue of $580K beats by $80K . Press Release Post your comment!
main stock index declined on Thursday as concerns about instability in Ukraine helped offset gains in shares of Canadian Natural Resources Ltd and the materials sector after the prices of some commodities rose. A U.S. government report showed that the number
Porta Hnos signed a letter of intent to become the exclusive licensee of Gevo's GIFT technology in the country to produce renewable isobutanol. Porta also has designed and built two 250 m3/day ethanol plants for others and is working on two more ethanol