SunEdison (SUNE) Plunges on Bankruptcy Fears
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TerraForm Power (TERP) CEO Wuebbels Resigns; SunEdison (SUNE) CFO Daskal Appointed as Director
March 31, 2016 5:58 AM UTCTerraForm Power, Inc. (Nasdaq: TERP) announced that Brian Wuebbels has resigned as president and chief executive officer and as a member of the Companys board of directors, effective immediately.
The board has formed an office of the chairman to lead TerraForm Power on an interim basis. The office of the chairman will be led by Peter Blackmore, an independent director and chairman of the Company. Independent directors Christopher Compton, Hanif Dahya and Jack Jenkins-Stark will also join the office of the chairman. The office of the chairman will report to the board... More
SunEdison (SUNE) Trades to Session High
March 30, 2016 10:17 AM UTCSunEdison (NYSE: SUNE) advanced Wednesday morning, climbing over 12%.
JPMorgan Downgrades TerraForm Power (TERP) to Neutral
March 30, 2016 7:11 AM UTCJPMorgan downgraded TerraForm Power (NASDAQ: TERP) from Overweight to Neutral with a price target of $13.00 (unchanged).
For an analyst ratings summary and ratings history on TerraForm Power click here. For more ratings news on TerraForm Power click here.
Shares of TerraForm Power closed at $8.61 yesterday.
... MoreFBR Capital Suspends SunEdison (SUNE) Rating
March 29, 2016 5:49 PM UTCFBR Capital suspending its rating on SunEdison (NYSE: SUNE) amid too many unknowns and uncertainties.
Analyst Carter Driscoll commented, "We are removing our rating and price target on SunEdison shares for several reasons. First, the company has not released audited financial... More
TerraForm Global (GLBL) Will Delay 10-K Filing; Cites Relationship with SunEdison (SUNE)
March 29, 2016 6:15 AM UTCTerraForm Global (Nasdaq: GLBL) disclosed the following on Tuesday morning:
Item 8.01 Other Events. Delayed Filing of Annual Report on Form 10-K
TerraForm Global, Inc. (TerraForm Global) anticipates that the filing of the Annual Report on Form 10-K for the fiscal year ended December 31, 2015 will be delayed beyond March 30, 2016. We expect to file a Form 12b-25 on or prior to March 30, 2016.
On February 29, 2016, SunEdison (NYSE: SUNE), a Delaware corporation and our controlling shareholder, filed a Form 12b-25, Notification of Late Filing, regarding the delayed filing of... More
