TodayEco.com

29 Nov '12, 4pm

Yingli Solar Order: Sunnier Days Ahead?

Struggling solar panel maker Yingli (NYSE: YGE) is trying the good news-bad news approach to distract investors from its latest downbeat earnings, announcing its biggest-ever new order on the same day it released its dismal third-quarter results. Based on shareholder reaction, the approach has been quite successful, with Yingli's stock surging more than 13 percent in Wednesday trade after both announcements came out. Investors seem to clearly be focused on the big new order, and are hoping that Yingli may actually be able to manufacture profitably by the time it delivers the solar cells to this major new customer. Let's start with the good news, since that's clearly the focus of investors who are desperately looking for any signs of optimism in this beaten-down sector suffering through its worst-ever downturn due to a huge global supply glut. The new order will see Yingli ...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2012/11...

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