Tuesday, October 27, 2009

LDK Solar lifts outlook for 3rd-quarter revenue

The stock is trading up 5 1/2% at $7.52 in pre-market trade.
From MarketWatch:
LDK Solar Co., (LDK 7.54, +0.41, +5.75%) the Xinyu City, China, producer of solar wafers, the main raw material used to make solar cells, lifted its estimate of third-quarter revenue. The company now expects to report revenue of $270 million to $290 million, compared with its previous estimate of $240 million to $270 million....MORE