Canadian Solar Set To Shine
The market’s bloodbath creates opportunities in solid stocks like these five caught in the mayhem.
June 30, 2008
Solar Night shuts down, assets sold at auction
Solar Night Industries Inc., a local money-losing penny-stock company, has gone out of business after one of its largest shareholders and financial backers foreclosed on all its assets.
Japan Stocks Fall on Stronger Yen; Oil, Mining Companies Jump
June 30 (Bloomberg) — Japan’s stocks fell to the lowest in more than two months after a stronger yen clouded earnings prospects for makers of electronics and cars. Oil explorers and mining companies advanced as commodities prices rose.
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Most Asian Stocks Drop in Worst First Half Since 1992 on Oil
June 30 (Bloomberg) — Most Asian stocks fell, sending the region’s benchmark index to its worst first-half in 16 years, on speculation rising commodities prices will erode earnings and as a stronger yen hurt Japan’s electronics exporters.
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Japan’s Stocks Decline, Led by Auto, Electronics Makers on Yen
June 30 (Bloomberg) — Japan’s stocks fell, reversing early gains, after the stronger yen diminished the earnings outlook for makers of electronics and cars.
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