Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Below Their 200 Day Moving Average
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
QuoteThis is one of the brightest and most generous groups
you will ever come across.
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 4/22 Insider Buying Report: GE, IMDZWednesday 4/22 Insider Buying Report: GE, IMDZ
Related symbols: GE,IMDZ
Tuesday 4/21 Insider Buying Report: BXMT, WGTuesday 4/21 Insider Buying Report: BXMT, WG
Related symbols: BXMT,WG
Monday 4/20 Insider Buying Report: LGF, COTYMonday 4/20 Insider Buying Report: LGF, COTY
Related symbols: LGF,COTY
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
Nasdaq 100 Movers: BIIB, AMZNNasdaq 100 Movers: BIIB, AMZN
Related symbols: BIIB,AMZN
S&P 500 Movers: XRX, AMZNS&P 500 Movers: XRX, AMZN
Related symbols: XRX,AMZN
Dow Movers: GS, MSFTDow Movers: GS, MSFT
Related symbols: GS,MSFT
S&P 500 Analyst Moves: ECLS&P 500 Analyst Moves: ECL
Related symbols: ECL
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: NEES&P 500 Analyst Moves: NEE
Related symbols: NEE
Dow Analyst Moves: TRVDow Analyst Moves: TRV
Related symbols: TRV
Friday Sector Laggards: Education & Training Services, SemiconductorsFriday Sector Laggards: Education & Training Services, Semiconductors
Related symbols: DV,UTI,SIMO,MXIM
Friday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, AirlinesFriday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Airlines
Related symbols: VALE,SCHN,HA,HUBG
Thursday Sector Laggards: General Contractors & Builders, Vehicle ManufacturersThursday Sector Laggards: General Contractors & Builders, Vehicle Manufacturers
Related symbols: PHM,SPF,GM,STS
Friday's ETF with Unusual Volume: VFHFriday's ETF with Unusual Volume: VFH
Related symbols: VFH,BAC,HBAN,EHTH,RCAP
Friday's ETF Movers: FDN, GDXJFriday's ETF Movers: FDN, GDXJ
Related symbols: AMZN,JNPR,MDW,AKG.CA,GDXJ,FDN
IYR, GGOV: Big ETF OutflowsIYR, GGOV: Big ETF Outflows
Related symbols: IYR,GGOV,SPG,AMT
Daily Dividend Report: SPG, PFG, RF, AVY, PFE, VDaily Dividend Report: SPG, PFG, RF, AVY, PFE, V
Related symbols: SPG,PFG,RF,AVY,PFE,V
Daily Dividend Report: JNJ, AMP, COL, NDAQ, TWX, LMT, PH, SCHWDaily Dividend Report: JNJ, AMP, COL, NDAQ, TWX, LMT, PH, SCHW
Related symbols: JNJ,AMP,COL,NDAQ,TWX,LMT,PH,SCHW
Daily Dividend Report: NLSN, RCI, WNR, PCAR, TXT, DHIDaily Dividend Report: NLSN, RCI, WNR, PCAR, TXT, DHI
Related symbols: NLSN,RCI,WNR,PCAR,TXT,DHI
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: April 24, 2015Weekly Market Wrap: April 24, 2015
Related symbols: MSFT,VALE,CMCSA,AAPL
Weekly Market Wrap: April 10, 2015Weekly Market Wrap: April 10, 2015
Related symbols: BAC,GE,RAD,F,ZNGA
Weekly Market Wrap: April 2, 2015Weekly Market Wrap: April 2, 2015
Related symbols: BAC,MU,MSFT
Week Ahead Market Report: April 13, 2015Week Ahead Market Report: April 13, 2015
Related symbols: GE,AAPL,BAC,JPM,NOK
Week Ahead Market Report: April 6, 2015Week Ahead Market Report: April 6, 2015
Related symbols: AAPL,BAC,RAD,AMAT
Week Ahead Market Report: March 30, 2015Week Ahead Market Report: March 30, 2015
Related symbols: AAPL,BAC,INTC,AYI,CONN,MU
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 Stock Message Boards Stock Market Definitions
MNV

SunPower to Acquire Total Solar Unit; Total Buys SunPower Shares | Market News Video | Copyright © 2008 - 2015, 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.