Tag: Yahoo Finance

Modi's loss in Maharashtra election raises questions about bullet train

India's richest state is set to be ruled by parties opposed to Prime Minister Narendra Modi's nationalist Bharatiya Janata Party, jeopardising a Japanese-backed bullet-train project opposed by farmers. The BJP's inability to pull together voters in Maharashtra, of which Mumbai is capital, has meant that three parties, including a former BJP ally, will form the government. It could also hinder the bullet train project, a $17 billion investment largely financed by a long-term, low-cost loan from Japan....

3 Solar Stocks to Buy for a New Day in Solar Energy

[Editor's note: "3 Solar Stocks to Buy for a New Day in Solar Energy" was previously published in October 2019. It has since been updated to include the most relevant information available.]Solar stocks have really taken it on the chin this year, but the huge declines are totally unjustified, creating a great buying opportunity for longer-term investors. As I've noted in the past, I'm convinced that JinkoSolar (NYSE:JKS), SunPower (NASDAQ:SPWR) and Daqo New Energy (NYSE:DQ) are great solar stocks to buy.And the recovery could be underway, JKS stock has added 7% YTD, SPWR stock has added 42% and DQ stock has added a whopping 60% after a dismal 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe catalyst for the retreat of solar stocks appears to have been a decision by the Federal Energy Regulatory Commission to eliminate "a requirement for utilities to offer long-term fixed prices for qualifying facilities."...

Deutsche Bank sells $50 billion in assets to Goldman amid overhaul: sources

Deutsche Bank has sold $50 billion in unwanted assets to Goldman Sachs as part of its restructuring, three people with knowledge of the matter said on Wednesday. The assets, related to emerging-market debt, were part of Deutsche's unit to wind down unwanted securities, the people said, confirming a development first reported by Bloomberg. As part of a broad overhaul, Deutsche has hived off billions in assets into a so-called capital release unit, also called a bad bank....

UPDATE 1-Deere's earnings fall on trade tensions, poor weather

Deere & Co. on Wednesday reported lower fourth-quarter earnings, hurt by trade tensions as well as poor weather in the U.S. farm belt that have slowed equipment purchases by farmers. "Lingering trade tensions coupled with a year of difficult growing and harvesting conditions have caused many farmers to become cautious about making major investments in new equipment," said new chief executive officer John May. Industry sales of agricultural equipment in the U.S. and Canada, the company's biggest market, are expected to be down about 5%, on the back of lower demand for large equipment....