First Solar News

May 25, 2012: The Frank Lloyd Wright Foundation today inaugurated a new 250-kilowattAC solar photovoltaic power system donated by First Solar, Inc.

First Solar Inc.'s project developments usually take years, but one of its efforts came online Thursday that was just a few months in the making.

Piper Jaffray has published a research report on Cree and First Solar saying that the two companies compared to one another based on raw material cost is not a fair comparison.

Shares of First Solar have been steadily falling in recent months. First Solar is currently trading near $13.70, far removed from the $49 price shares saw in February.

Best Buy's Board of Directors Search Committee officially chose Spencer Stuart to lead an in-depth search meant to consider internal and external candidates for the CEO position of Best Buy.

Tempe-based First Solar will be impacted by new tariffs the U.S. Commerce Department has placed on panels imported from China.

Shares of Micron move up, after Raymond James interpret's Apple's obtaining mobile dynamic random access memory from the bankrupt Elpida, as an 'implied endorsement' for Micron's offer for that company.

Some companies waned in the red by recording 52-week stock price lows on May 15th.

Tempe-based First Solar Inc. will pay its new CEO $750,000, giving him a bump from the $550,000 he was earning before his recent promotion.

In a conference call today, business advisory firm FTI Consulting reported Q1 earnings per share of 43 cents, falling short of analyst predictions of 61 cents per share.

The Silver State North project was the first built on federal lands, and supplies NV Energy the power under a 25-year agreement.

First Solar Inc . Thursday reported disappointing results for the first three months of 2012, spurring a sell-off that has continued into pre-market trading today.A Net sales were $497A million for the period - down $163 million from theA last quarter of 2011, and $70 millionA year-over-yearA -A as prices throughout the industry continued to ... (more)

This morning, Jefferies lowered its price target on shares of First Solar to $21 as the company's new guidance is not realistic.

Dow: 13,038, -168.3, -1.2% S&P 500: 1,369, -22.4, -1.6% NASDAQ: 2,956, -67.9, -2.2% U.S. companies added just 115k new nonfarm payrolls in April.

Des Moines, IA, May 4, 2012 - MidAmerican Solar and First Solar, Inc. marked the start of major construction at Topaz Solar Farms, located in San Luis Obispo County, Calif.

On Thursday, First Solar, Inc. reported its first quarter earnings and discussed the following topics in its earnings conference call.

The Desert Sunlight Solar Project site can be seen in the distance above the Lake Tamarisk Golf Course near Desert Center.

Shares of LinkedIn Corp. jumped more than 8 percent in late trading. After the closing bell, the social network company reported net income of $5 million for the first-quarter, compared to $2.1 million a year earlier.

A shakeout that is rattling the solar panel industry has sent First Solar, once among the industry's biggest and strongest companies, to a wide quarterly loss.

First Solar reported a loss of $450 million in the first quarter of 2012, the price it is paying to restructure its business among an increasingly competitive solar panel industry.