Stock message boards
MNV
Market News Video
MNV MNV 10 Oversold Stocks You Need To Know About
MNV
MNV
MNV
MNV
MNV
MNV
MNV


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
MNV Backgroundemail friendsEmail Friendsembed / linkEmbed VideorssRSS Feed standaloneLaunch Standalone Player
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteThe subscription fee has been repaid many-fold
in investment gains.
more testimonials »

SunPower to Acquire Total Solar Unit; Total Buys SunPower Shares
Friday, December 23, 11:48 AM ET

Solar power manufacturer SunPower (NASDAQ:SPWR) said today it has agreed to acquire Total's (NYSE:TOT) Tenesol solar provider subsidiary.

SunPower will acquire Tenesol for $165.4 million in cash.

Concurrent with the closing of the acquisition, Total has agreed to purchase 18.6 million shares of SunPower common stock in a private placement at $8.80 per share, a 50% premium over SunPower's closing price yesterday.

Total will own 66% of SunPower common shares following the purchase.

Tenesol, based in France, has operations in 18 countries and solar panel manufacturing facilities in France and South Africa. SunPower said the acquisition is a step toward differentiating itself in the competitive solar market.

The transaction is expected to close early in 2012.

SunPower said the acquisition is expected to positively impact its financial position in 2012.

SunPower shares are surging on today's news.

Solar investors will be keeping an eye on other solar stocks to see if they rise on enthusiasm in the sector. First Solar (NASDAQ:FSLR) looked poised to trade higher Friday. Suntech (STP) and LDK Solar (LDK) were unchanged in the premarket.

For MarketNewsVideo.com, I'm Sayoko Murase.

SunPower to Acquire Total Solar Unit; Total Buys SunPower Shares picture
Wednesday 12/17 Insider Buying Report: YUM, NGLWednesday 12/17 Insider Buying Report: YUM, NGL
Related symbols: YUM,NGL
Tuesday 12/16 Insider Buying Report: HCLP, MPLXTuesday 12/16 Insider Buying Report: HCLP, MPLX
Related symbols: HCLP,MPLX
Tuesday 12/16 Insider Buying Report: IDRA, OASTuesday 12/16 Insider Buying Report: IDRA, OAS
Related symbols: IDRA,OAS
10 Bargains You Can Buy Cheaper Than Insiders Did
Top Ranked Dividend Stocks With Insider Buying
10 Stocks Crossing Below Book Value
10 Oversold Stocks You Need To Know About
10 Stocks Crossing Above Their 200 Day Moving Average
10 Stocks Crossing Below Their 200 Day Moving Average
The 10 Most Popular Large-Caps in ETFs
The Top 10 DividendRank'ed DJIA Components
S&P 500 Movers: XL, DOS&P 500 Movers: XL, DO
Related symbols: XL,DO
Nasdaq 100 Movers: EXPD, VIPNasdaq 100 Movers: EXPD, VIP
Related symbols: EXPD,VIP
Dow Movers: CAT, XOMDow Movers: CAT, XOM
Related symbols: CAT,XOM
S&P 500 Analyst Moves: QEPS&P 500 Analyst Moves: QEP
Related symbols: QEP
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: SBUXS&P 500 Analyst Moves: SBUX
Related symbols: SBUX
Dow Analyst Moves: IBMDow Analyst Moves: IBM
Related symbols: IBM
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty StocksWednesday Sector Leaders: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty Stocks
Related symbols: WRES,SN,NDRO,VOC
Wednesday Sector Laggards: Trucking, Aerospace & Defense StocksWednesday Sector Laggards: Trucking, Aerospace & Defense Stocks
Related symbols: YRCW,CVTI,BEAV,HEI
Tuesday Sector Leaders: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing StocksTuesday Sector Leaders: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks
Related symbols: TLM,SFY,CZZ,SU
EWJ, FTSM: Big ETF OutflowsEWJ, FTSM: Big ETF Outflows
Related symbols: EWJ,FTSM,FTSL
FXO, DXKW: Big ETF InflowsFXO, DXKW: Big ETF Inflows
Related symbols: FXO,DXKW,MCY,SYF
Wednesday's ETF with Unusual Volume: IATWednesday's ETF with Unusual Volume: IAT
Related symbols: IAT,RF,KEY,IBKC,CFR
Daily Dividend Report: MCO, ROP, EOG, GIS, EQR, O, MAS, UDR, DRIDaily Dividend Report: MCO, ROP, EOG, GIS, EQR, O, MAS, UDR, DRI
Related symbols: MCO,ROP,EOG,GIS,EQR,O,MAS,UDR,DRI
Daily Dividend Report: CVS, MMM, BA, LLY, KRFT, FITB, IFFDaily Dividend Report: CVS, MMM, BA, LLY, KRFT, FITB, IFF
Related symbols: CVS,MMM,BA,LLY,KRFT,FITB,IFF
Daily Dividend Report: GE, PFE, ABT, BXMT, AES, ZMHDaily Dividend Report: GE, PFE, ABT, BXMT, AES, ZMH
Related symbols: GE,PFE,ABT,BXMT,AES,ZMH
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: December 12, 2014Weekly Market Wrap: December 12, 2014
Related symbols: BAC,TLM,AAPL,GE,CME,WPC,PM,CAT,JPM,MON
Weekly Market Wrap: December 5, 2014Weekly Market Wrap: December 5, 2014
Related symbols: BAC,SIRI,AAPL,KMI,FB,DIS,VZ,MA,SPLS
Weekly Market Wrap: November 26, 2014Weekly Market Wrap: November 26, 2014
Related symbols: SDRL,KMI,AAPL,FB,ACE
Week Ahead Market Report: December 15, 2014Week Ahead Market Report: December 15, 2014
Related symbols: BAC,AAPL,SIRI,GE,DRI,FDX,CAG,BBRY
Week Ahead Market Report: December 8, 2014Week Ahead Market Report: December 8, 2014
Related symbols: BAC,AAPL,DRYS,HAL,BURL,MW,LULU,NQ
Week Ahead Market Report: December 1, 2014Week Ahead Market Report: December 1, 2014
Related symbols: AAPL,KMI,BAC,GE,BOBE,ARO,ANF,BKS,GCO
All videos » |  Stock market definitions »
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Portfolio Channel Stock Market Definitions
MNV

SunPower to Acquire Total Solar Unit; Total Buys SunPower Shares | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.