Investing Idea; Invest in Clean Energy: Solar Stocks to Watch: (CSIQ), (SOL), (TSL)
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Point Roberts, WA - April 8, 2013 (Investorideas.com renewable energy newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in investing ideas in leading sectors reports on trading for solar stocks for Monday April 8th . For investors that choose to invest in products and services they believe in, todays snapshot gives insight into the solar stocks sector.
Solar Stocks Snapshot
Canadian Solar Inc. (NasdaqGS: CSIQ) is trading up at 3.6, gaining 0.19(5.48%) 12:33PM EDT. Last week the company reported that the United States District Court for the Southern District of New York dismissed with prejudice a class action lawsuit filed against the Company and certain named defendants. The lawsuit alleged that the Company's financial disclosures during 2009 and early 2010 were false or misleading and in violation of federal securities law. The Court found that the plaintiffs failed to adequately allege a securities law violation, and on March 29, 2013, it granted the Company's motion to dismiss all claims against all defendants with prejudice. The plaintiffs have 30 days to appeal the judgment
ReneSola Ltd. (NYSE:SOL) is trading up at 1.3802, gaining 0.0602(4.56%) at 12:33PM EDT on over 450,000 shares. On Friday the company announced that it has signed a toll manufacturing agreement with Solairedirect SA ("Solairedirect"), a global pioneer of competitive solar power, to produce 120 megawatts ("MW") of solar modules in South Africa
Trina Solar Limited (NYSE: TSL) has edged up to $3.81, gaining $ 0.24 or 6.72% as of 12:42PM EDT on over 2 Million shares. Last week the company reported that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2012 with the Securities and Exchange Commission on April 2, 2013.
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