Trina Solar cuts margins, shipments estimates; shares down

13 Nov. 2012 by

REUTERS - Chinese solar panel maker Trina Solar Ltd slashed its estimates for third-quarter shipments and gross margins on weak prices, days after the United States approved duties on billions of dollars of solar equipment imports from China.

Trina shares, which have nearly halved in value this year, were down nearly 4 percent in early trading on the New York Stock Exchange on Monday.


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