Seeking Alpha

MEMC (WFR +3.5%) follows its solar peers higher after announcing its SunEdison subsidiary has...

MEMC (WFR +3.5%) follows its solar peers higher after announcing its SunEdison subsidiary has sold a 20MW Nevada solar project to Southern Company (SO) and Turner Renewable Energy. MEMC can definitely use the proceeds - it had $2.1B in debt on its balance sheet as of March 30, has been burning cash at a rapid pace, and has recently been hit with credit rating downgrades. (PR)
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector