Shares of ReneSola (NYSE: SOL) were crushed today, down by 19% as of 1:45 p.m. EST after the company announced a stock offering. ReneSola is looking to raise $20 million in fresh capital through a new registered direct offering. The solar company will sell roughly 2.1 million American depository shares (ADS) at a price of $9.50 per share.
Revenue Surpasses Expectations, EPS Nearly Meets Forecasts
Insights into Financial Performance and Upcoming Merger with Summit Financial Group
The major indexes (^DJI,^GSPC, ^IXIC) opened higher on Friday morning thanks to strong results from Alphabet (GOOG, GOOGL) and Microsoft (MSFT). Investors seemingly were able to shrug off the latest inflation print. The core Personal Consumption Expenditures price index rose 2.8% in March, slightly more than the 2.7% economists had been expecting. It rose 0.3% from February, which was in line with estimates. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
An Israeli assault on southern Gaza's Rafah area would spell disaster for civilians, not only in Gaza but across the Middle East, the head of an aid group warned on Friday, saying the region faced a "countdown to an even bigger conflict". Jan Egeland, the Secretary-General of the Norwegian Refugee Council, told Reuters that 1.3 million civilians seeking refuge in Rafah - including his aid group's staff - were living in "indescribable fear" of an Israeli offensive.
First enjoyed by the Mississaugas some three hundred years ago, the awesome tree cover that provided natural and spiritual benefits has since fallen victim to wide scale deforestation. Some Ojibwe, whose homelands spread to the easternmost area of the Anishinaabe people, migrated south to the banks of the Great Lake now called Ontario, around the early 1700s. They came to be known as the Mississaugas. Framing what are now known as Etobicoke Creek and the Credit River, the mouths where these flow
Katherine Altagracia Guerrero de Aguasvivas was found dead in her Dodge Durango on April 11
LONDON (AP) — TikTok is in the crosshairs of authorities in the U.S., where new law threatens a nationwide ban unless its China-based parent ByteDance divests. It would be the biggest blow yet to the popular video-sharing app, which has faced various restrictions around the world. TikTok is already banned in a handful of countries and from government-issued devices in a number of others, due to official worries that the app poses privacy and cybersecurity concerns. Those fears are reflected in t
Loose Women guest Jennie Bond has shared her devastation on the 25th anniversary of her friend Jill Dando's murder.
U.S. Federal Reserve policymakers sifting through the latest inflation data will find little to fuel a sense of urgency to cut interest rates, but also nothing to rule out the likelihood of rate reductions starting later this year. That was the view from financial markets and analysts following a government report on Friday that showed inflation rose last month largely in line with economist expectations, and with what Fed officials themselves had said they anticipated. Core PCE, a measure of underlying inflation, came in at 2.8%, the same as February.
It should have come as no surprise to Councillor Lori Lococo that she would come up empty handed in her effort to get Niagara Falls Council to consider her Notice of Motion at their most recent meeting of April 9th, calling for easier access to oversight for all residents seeking to hold herself and her colleagues accountable to the voters who put them in office. On the surface, it seemed innocuous enough, asking for staff to prepare a report on Integrity Commissioner complaints from other citie
Ukraine has quietly withdrawn its American Abrams tanks from the front line to avoid the growing threat from Russian drones.
“It gave me so much bliss that she had a community,” said Ana Van Gilst, mother of murdered Andrea Doria Dos Passos.
NEW YORK (AP) — Jerry Seinfeld has been responsible for more movies than you think. Yes, he co-wrote and lent his voice to 2007's “Bee Movie." But before that, “Seinfeld” — where going to the movies, with or without the aid of Moviefone, was nearly as regular a destination as the coffee shop — gave birth to dozens of (fake) films. “Rochelle, Rochelle." “Prognosis Negative.” “Sack Lunch." But nearly three decades after Seinfeld was, in one episode, cajoled into bootlegging “Death Blow," he has fi
Deutsche Bank has named Oliver Jerome as head of European foreign exchange in London as the lender boosts its forex desks, according to a note sent internally. Jerome has held similar roles at JP Morgan and Morgan Stanley and was recently one of the founders of a technology company active in foreign exchange. At Deutsche Bank, he will report to Sameen Farooqui, co-head of global foreign exchange, and Panos Stergiou, head of institutional client group.
All the stories from Friday’s episode of the Tech & Science Daily podcast.
The Kansas basketball team has landed another transfer. He played in last year’s Final Four.
The federal Conservative critic for northern affairs and Arctic sovereignty says the Liberal government has failed to address housing and food security issues in the North. However, in an interview this week, Bob Zimmer, an MP from B.C., didn’t say how a Conservative government under Pierre Poilievre would tackle those issues. Zimmer was in Iqaluit to attend the Nunavut Mining Symposium on Wednesday. “The people in the North are tired of broken promises or no promises at all and we need to suppo
Several London Underground stations are closed due to workers striking while two Tube lines were halted because of a casualty on the track. Transport for London said three stations were closed on the network at midday on Friday due to the Transport Salaried Staffs' Association action. The union said the action was likely to cause Tube stations to close at the last minute, including into Saturday morning, but Transport for London said there will not be significant disruption.
Microsoft reported better than anticipated Q3 earnings on Thursday, powered by growth in its cloud products.
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