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Major Movers on June 11; LDK, LULU, TXN, DMND, DOLE

Shares of LDK Solar Co. Ltd. (ADR) (NYSE: LDK) tumbled 10.98% by afternoon trade. The heavily indebted Chinese solar company said on Tuesday that fiscal first quarter loss widened. The Company blamed low panel prices for its poor show. Panel prices have fallen sharply due to oversupply in China and slowdown in Europe, where governments [...]

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LDK’s Fiscal Q3 Losses Widen (LDK)

LDK Solar Co. Ltd. (ADR) (NYSE: LDK) reported on Monday that its fiscal third-quarter losses widened due to double-digit slump in sales while margins also worsened, impacted by a massive inventory write-down.

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