Monday, April 29, 2013

"OCI dives after Suntech orders cancelled" ($STP)

Who would've thought - defunct firm cancels supply contracts:

"Shares in the South Korean company tumbled as much as 9.5 percent to nearly six-year low after it said on Friday three polysilicon orders worth of 1.46 trillion Korean won ($1.31 billion) from units of China's solar panel maker Suntech Power Holdings Co Ltd were cancelled because of the latter's financial troubles."

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