Recent Posts

Energy explorers headed for IPO find buyers circling

  Bloomberg As oil prices stabilize and confidence returns to the patch, there’s been an uptick in oil and gas companies filing to go public. With prized assets in the industry’s promised lands, not all of them make it that far. In the past month alone, two explorers that were headed for an initial public offering have ins- tead become ...

Read More »

Solar panels sold at loss as prices nosedive

  Bloomberg Solar manufacturers led by China’s Trina Solar Ltd. are probably selling at a loss after prices fell to a record low this week. The global spot market price for solar panels fell 2.4 percent to an average of 36 cents a watt on Dec. 28, according to PVinsights. That’s the bottom end of the cost range for most ...

Read More »

Huawei vows to overhaul business strategies in 2017

  WASHINGTON / AFP Huawei Technologies Co. pledged to overhaul its culture and rethink the way it conducts business, expecting global uncertainty to mount in 2017 after sales growth slowed. China’s largest telecommunications equipment maker expects a 32 percent rise in revenue to 520 billion yuan ($75 billion) in 2016, rotating Chief Executive Officer Eric Xu said. That’s down from ...

Read More »
Send this to a friend