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

|About: Suntech Power Holdings Co.,... (STP)|By:, SA News Editor

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.