Memc Electronic Materials News

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Recently formed investment firm Inerjys hired Jigar Shah and Russell Pullan, two well-known investors and entrepreneurs in the clean technology sector, to join the firm and move to Montreal, VentureWire has learned.

ST. PETERS, Mo., May 24, 2012 /PRNewswire/ -- MEMC Electronic Materials, Inc. acknowledged S&P's downgrade of MEMC's senior debt to a B+ rating today.

The continued weakening of the solar power sector is weighing on the credit risk profile of MEMC Electronic Materials, which gets roughly 70% of its gross margins from its solar development business.

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS , the Fool's free investing community, silicon wafer maker MEMC Electronic Materials the stocks in this series are performing? Follow the new TrackPoisedTo CAPS account.

The company will use the funds to build a 20-megawatt solar part in Picture Rocks, Arizona.

San Antonio, TX, May 18, 2012 - The North American Development Bank and SunEdison, a leading worldwide solar energy services provider and subsidiary of MEMC Electronic Materials, Inc., have signed a US$65 million loan agreement for the construction of a 20-megawatt ) solar park in Picture Rocks, Arizona.

John Weisenseel has been named finance chief of investment-management company AllianceBernstein LP.

Mark Murphy, chief financial officer at silicon wafer supplier MEMC Electronic Materials Inc., resigned Tuesday to take a job as president of Praxair Inc.'s wholly owned subsidiary, Praxair Surface Technologies, MEMC said.

While Wall Street can't seem to shake its euro-zone anxiety, it's some disappointing domestic data that's amplified the bearish mood on the major market indexes this afternoon.

MEMC Electronic Materials, Inc. shares have fallen Thursday to levels last visited in 2001.

MEMC Electronic Materials says it will transition the Chief Financial Officer role to Brian Wuebbels from the company's current CFO, Mark Murphy, who resigned earlier today.

ST. PETERS, Mo., May 16, 2012 /PRNewswire/ -- MEMC Electronic Materials, Inc. today announced that it will transition the Chief Financial Officer role to Brian Wuebbels from the company's current CFO, Mark Murphy.

As if there weren't enough bad signs for the solar industry these days, Energy Conversion Devices is cancelling the auction for United Solar Ovonic LLC as a going concern because of the failure to receive a qualified bid in the court-approved bankruptcy proceeding.

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Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 2:30 p.m. in New York.

's stock had its "hold" rating reiterated by investment analysts at Needham & Company in a note issued to investors on Thursday.

Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 9:40 a.m. in New York.

Memc Electronic Materials : MEMC Electronic reports Q1 EPS versus consensus .A Reported Q1 revenue $523.8M, consensus $496.37M. The shares closed at $3.25, down $0.06 or 1.81% on the day.