Wed, Aug 27, 2014, 3:08 PM EDT - U.S. Markets close in 52 mins.

Recent

% | $
Quotes you view appear here for quick access.

First Solar, Inc. Message Board

  • minchie89 minchie89 Nov 15, 2011 4:17 PM Flag

    Maxim Believes First Solar Could Be Takeover Target

    Maxim Believes First Solar Could Be Takeover Target ..
    Maxim believes a potential acquisition of First Solar (NASDAQ:FSLR) is more likely following the stock's 72% year-to-date drop. The firm speculates a First Solar takeover by General Electric (NYSE:GE) at a 25%-40% premium could be accretive to GE shares and thinks First Solar is likely a more willing seller given the company's turbulent year. Maxim keeps a Hold rating on on the stock.

    https://research.scottrade.com/qnr/Stocks/Article?dockey=100-319z6299-1


    Shares of First Solar are trading up 0.45% to $44.85 in afternoon trade on Tuesday.

    First Solar is currently below its 50-day moving average (MA) of $62.59 and below its 200-day MA of $114.18. In the last five trading sessions, the 50-day MA has fallen 4.61% while the 200-day MA has slid 1.37%.

    First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Maxim may have done their research on FSLR but certainly not GE. GE is already hugely invested in Primestar - a competitor to FSLR making teh same Cd TE modules. GE does not cannibalize itself and would not buy another Cd Te manufacturer - especially with poly prices dropping weekly.

 
FSLR
69.87-1.15(-1.62%)3:08 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.