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Suntech (STP) -6.2% premarket after cutting two of its three production shifts and ~50 jobs at...

Suntech (STP) -6.2% premarket after cutting two of its three production shifts and ~50 jobs at its solar panel plant in Goodyear, Arizona. The world's top maker of solar panels is restructuring its operations worldwide in a bid to slash expenses by 20% in 2012 and 2013.
Comments (1)
  • jeffshub
    , contributor
    Comment (1) | Send Message
     
    The company is insolvent. Why would anyone buy this stock?
    16 Nov 2012, 03:06 PM Reply Like
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