MEMC (WFR +3%), which tumbled along with other solar names yesterday, is rebounding a bit after...
MEMC (WFR +3%), which tumbled along with other solar names yesterday, is rebounding a bit after Collins Stewart (Buy) argues the company's SunEdison solar power plant division is seeing "positive business trends" in the U.S. and Canada, where the majority of its backlog exists. This, in its view, offsets the company's failure to sell several systems in Italy due to rising interest rates.
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