Canadian Solar, Suntech Feel More Heat
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The latest news from*Canadian Solar*(Nasdaq: CSIQ) and*Suntech*(NYSE: STP) is casting a shadow over a nascent recovery for the embattled solar sector, as each company struggles to fix its broken finances pummeled by a two-year downturn. Canadian* Solar has announced a plan to raise up to $50 million through a stock sale, while domestic media are reMore...
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