LDK
LDK Solar Co., Ltd.  |  NYSE
LDK is defunct.
  • Apr. 16, 2013, 4:45 PM

    An LDK Solar (LDK) unit is selling its equity interest in a subsidiary to the government of the city of Hefei for RMB120M ($19.4M) LDK expects to recognize an $80M-$90M net loss on the deal, which comes after a January deal with Shanghai Qianjiang Group fell through due to the group's failure to obtain government approvals by a March 30 deadline. Shares -2.8% AH. (bond default)

    Apr. 16, 2013, 4:45 PM
  • Nov. 18, 2012, 2:45 AM

    LDK Solar (LDK) has sold 25.3M shares to Heng Rui Xin Energy, a company partly owned by the city of Xinyu, for $0.86 each in a deal worth $21.8M. LDK, which has suffered five consecutive quarters of losses, closed -5.2% at $0.91 on Friday. (PR)

    Nov. 18, 2012, 2:45 AM
  • May 29, 2012, 12:26 PM

    If major Chinese solar vendors, who now have to contend with U.S. tariffs in addition to the industry's pricing and oversupply woes, continue to struggle, the Chinese government is "likely to adjust the entire supply chain," Digitimes reports. That might not go over well with governments upset over Chinese subsidies for solar vendors, but would back up reports the government favors industry consolidation. LDK Solar (LDK -12.5%), the one firm specifically named in the report, is off sharply.

    May 29, 2012, 12:26 PM
  • May 9, 2012, 9:41 AM

    Westinghouse Solar (WEST +12.5%) and CBD Energy sign a definitive merger agreement - not a big transaction in itself, but 24/7's Jon Ogg thinks it could trigger more solar mergers. He cites FSLR, SPWR, LDK and WFR among companies that ought to consider stock mergers before it's too late.

    May 9, 2012, 9:41 AM
  • Apr. 16, 2012, 8:12 AM

    Solar stocks run red hot after a report tips off that CNOOC plans to acquire Canadian Solar (CSIQ). Premarket advancers: CSIQ +20.4%, JASO +6.7%, TSL +7.5%, LDK +3.5%, YGE +7.6%.

    Apr. 16, 2012, 8:12 AM
  • Apr. 29, 2011, 9:37 AM

    Total’s (TOT +0.2%) $1.37B offer for SunPower (SPWRA +36.5%) lifts other solar stocks, responding to the deal’s fat premium and the notion that oil giants may be interested in buying solar companies. FSLR +3.3%, CSIQ +4.5%, LDK +3.8%, JASO +3.9%, TSL +2.9%, ASTI +3.2%, SOLR +2.8%.

    Apr. 29, 2011, 9:37 AM | 2 Comments
  • Apr. 29, 2011, 8:50 AM

    TOTAL S.A.'s (TOT) landmark  $1.37B bid for a majority stake in SunPower (SPWRA) will likely fuel takeover speculation in the sector, but soft guidance from LDK Solar (LDK) earlier this week could put a cap on upside. Demand is still weak, and regulatory concerns remain an issue.

    Apr. 29, 2011, 8:50 AM | 3 Comments