Technology shares were generally higher in
EZchip Semiconductor (
) reported Q2 sales rose 33% to $22.1 million from a year earlier.
It earned $0.36 per share, up from $0.29 a year earlier and above
the Capital IQ estimate of $0.34 per share
JinkoSolar Holding Company (
) said it signed a PV project-development agreement with the
Economic Development Zone of Lishui City, Zhejiang Province, to
develop a 500MW PV power plant with an aggregate investment amount
of RMB5 billion.
Shares of Canadian Solar (
) jumped 11% in pre-bell trading Wednesday after the company
reported strong Q2 results, with earnings and revenue beating the
consensus of analysts polled by Capital IQ. The solar-panel maker
posted Q2 net income attributable to the company of $55.8 million,
or $0.95 per diluted share, compared to a net loss of $12.6
million, or $0.29 per diluted share in Q2 2013. Analysts were
expecting EPS of $0.58.
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