FSLR: First Solar Stock Soars on Guidance. GE Deal

FSLR stock is up about 14% Wednesday

   

First Solar (FSLR) has seen its stock rise following the company’s announcements of its 2014 guidance and its PV power plant deal with General Electric (GE).

first solar FSLR: First Solar Stock Soars on Guidance. GE DealThe solar company announced full-year 2014 guidance as well as summary financial targets for 2015 and 2016. First Solar expects net sales of $3.7 to $4.0 billion in 2014 and diluted earnings per share to be between $2.20 and $2.60.

First Solar stock also went up thanks to a deal with GE to develop a more cost effective and productive utility-scale PV power plant. The plant lowers installation and maintenance costs while producing high power delivery.

FSLR stock is up about 14% Wednesday.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/03/fslr-first-solar-stock-ge/.

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