Volume Spike Investor

Suntech Power Holdings Co. Ltd. (NYSE: STP) is seeing a surge in both its price and its pre-market trading volume.  Shares are trading up over 4% at $38.90 at 8:40 AM EST on more than 130,000 shares pre-market after beating earnings and raising guidance. Its new guidance for 2008 is $2.05 to $2.15 Billion in [...]

Canadian Solar Inc. (NASDAQ: CSIQ) is seeing a battering this morning after its earnings are disappointing to the solar bulls.  The company posted $0.36 EPS (after $10+M charges) on a 24% revenue gain to $212.6M versus estimates from First Call of $0.47 and $206.8M (see below for better comparison). The company sees Q3 revenues of [...]

Canadian Solar Inc. (NASDAQ: CSIQ) is seeing a surge in pre-market activity today after the company raised its guidance.  The company lifted its annual guidance for 2008 from 200 to 220 MW to 230 to 260 MW in output and its estimated annual revenue from $650 to $750 million to $750 to $870 million.  Shares [...]