31 Dec '11, 8pm

Will First Solar Get Gobbled Up? $FSLR: Recently Businessweek speculated that now would be the best time to purc...

Recently Businessweek speculated that now would be the best time to purchase First Solar (NASDAQ: FSLR). The organization looked at First Solar’s precipitous fall in value and observed that a company like General Electric or Siemens AG would be likely suitors for the company. The company made a number of interesting moves in 2011, but at least one analyst thinks the company doesn’t have such plans at this point. “First Solar Inc. has gotten $22 billion cheaper,” Businesswire reported in “First Solar Never So Cheap in Takeover Boon for Energy: Real M&A”. The publication said that First Solar’s stock has plummeted by 76 percent in 2011 and called it the biggest drop in the Standard & Poor’s 500 Index this year. First Solar has made a number of moves as it works to remain competitive in an industry rife with increased competition. Among other thins, the company fired its CEO ...

Full article: http://www.solarfeeds.com/will-first-solar-get-gobbled-up...

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