First Solar Inc
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Information Technology : Semiconductors & Semiconductor Equipment | Mid Cap BlendCompany profile

First Solar, Inc. is a provider of photovoltaic (PV) solar energy solutions. The Company designs, manufactures and sells PV solar modules with a thin-film semiconductor technology. The Company also develops, designs, constructs and sells PV solar power systems that primarily use the modules it manufactures. It operates through two segments: components and systems. The components segment is engaged in the design, manufacture and sale of cadmium telluride (CdTe) solar modules, which convert sunlight into electricity. The systems segment includes the development, construction, operation and maintenance of PV solar power systems, which primarily use its solar modules. In addition, the Company provides operations and maintenance (O&M) services to system owners that use solar modules manufactured by it or by third-party manufacturers. The Company's solar modules had an average rated power per module of approximately 114 watts, as of December 31, 2016.

Closing Price
$45.30
Day's Change
0.00 (0.00%)
Bid
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Ask
--
B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
0

10-day average volume:
2,123,368
0

UPDATE: Here are the stocks that powered the Dow after the Fed's Powell soothed investors

7:10 am ET November 29, 2018 (MarketWatch)
Print

By Philip van Doorn, MarketWatch

The Federal Reserve chairman seemed to indicate a slower approach to increasing interest rates

Call it the Powell rally.

The Dow Jones Industrial Average rose 618 points, or 2.5%, to close at 25,366 points Wednesday after Federal Reserve Chairman Jerome Powell signaled a possibly slower approach to raising interest rates.

During a speech before the Economic Club of New York, Powell said interest rates were "just below the broad range of estimates of the level that would be neutral for the economy (http://www.marketwatch.com/story/seemingly-dovish-powell-says-interest-rates-are-just-below-level-where-they-wont-stimulate-economy-2018-11-28)." The Federal Open Market Committee, the Fed's policy-making body, has raised the federal funds rate three times this year to the current range of 2% to 2.25%, and decided on Nov. 8 to leave the rate unchanged. The next FOMC rate announcement is expected on Dec. 19.

More on the Fed:Why economists insist Powell wasn't as dovish as the market thinks (http://www.marketwatch.com/story/why-economists-insist-powell-wasnt-as-dovish-as-market-thinks-2018-11-28)

Michael Brush believes a change in policy by the Fed is one of two likely events that will cause stocks to resume their upward climb (http://www.marketwatch.com/story/these-2-shocks-will-jolt-stocks-higher-and-15-smart-ways-to-prepare-for-that-move-2018-11-28).

The Dow Jones Industrial Average was down 6.5% from the end of October through Nov. 27, while the S&P 500 Index was down 8%, and the Nasdaq Composite Index was down 12%. On Wednesday, while the Dow rose 2.5%, the S&P 500 was up 2.3% and the Nasdaq was up 3%.

All 30 components of the Dow were up Wednesday, except for Verizon, which fell 1%. Caterpillar (CAT) led the benchmark index, showing the strongest gain of 5%, followed closely by Boeing (BA), which was up 4.9%.

Here's how all 30 Dow stocks performed Wednesday:

Company Ticker Price change - Nov. 28 Price change - November Price change - 2018 through Nov. 28 Price change - 2017

Caterpillar Inc. US:CAR 5.0% 7.8% -17.0% 69.9%

Boeing Co. US:BA 4.9% -6.0% 13.1% 89.4%

Visa Inc. Class A US:V 4.0% 2.6% 24.0% 46.1%

Apple Inc. US:AAPL 3.8% -17.3% 6.9% 46.1%

Microsoft Corp. US:MSFT 3.7% 4.0% 29.9% 37.7%

UnitedHealth Group Inc. US:UNH 3.6% 7.5% 27.4% 37.8%

Nike Inc. Class B US:NKE 3.6% -0.5% 19.4% 23.1%

Walmart Inc. US:WMT 2.5% -2.8% -1.3% 42.9%

Chevron Corp. US:CVX 2.5% 5.8% -5.6% 6.4%

Cisco Systems Inc. US:CSCO 2.5% 3.4% 23.5% 26.7%

American Express Co. US:AXP 2.5% 9.9% 13.7% 34.1%

International Business Machines Corp. US:IBM 2.5% 6.6% -19.8% -7.6%

Home Depot Inc. US:HD 2.4% 0.9% -6.4% 41.4%

Goldman Sachs Group Inc. US:GS 2.4% -12.0% -22.1% 6.4%

Johnson & Johnson US:JNJ 2.2% 4.6% 4.8% 21.3%

Walt Disney Co. US:DIS 1.9% 1.1% 8.0% 3.2%

Pfizer Inc. US:PFE 1.9% 4.3% 24.0% 11.5%

3M Co. US:MMM 1.8% 7.4% -13.2% 31.8%

Exxon Mobil Corp. US:XOM 1.8% -1.5% -6.2% -7.3%

McDonald's Corp. US:MCD 1.7% 6.2% 9.1% 41.4%

Intel Corp. US:INTC 1.6% 4.2% 5.8% 27.3%

Walgreens Boots Alliance Inc US:WBA 1.3% 6.1% 16.6% -12.3%

Merck & Co. Inc. US:MRK 1.2% 4.9% 37.2% -4.4%

JPMorgan Chase & Co. US:JPM 1.1% 1.8% 3.7% 23.9%

Travelers Cos. Inc. US:TRV 0.8% 4.5% -3.6% 10.8%

Coca-Cola Co. US:KO 0.7% 3.8% 8.3% 10.7%

Procter & Gamble Co. US:PG 0.3% 4.9% 1.2% 9.3%

DowDuPont Inc. US:DWDP 0.1% 6.1% -19.7% 24.5%

United Technologies Corp. US:UTX 0.0% -1.2% -3.8% 16.4%

Verizon Communications Inc. US:VZ -1.0% 5.2% 13.5% -0.8%

Source: FactSet

You can click on the tickers for more about each company, including news, charts, ratings, price ratios and financials.

Don't miss: Utility stocks have beaten the S&P 500 in two months of turbulence and in the long run (http://www.marketwatch.com/story/utility-stocks-have-beaten-the-sp-500-in-two-months-of-turbulence-and-in-the-long-run-2018-11-28)

Create an email alert for Philip van Doorn's Deep Dive columns here (http://www.marketwatch.com/tools/alerts/newsColumn.asp).

-Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 29, 2018 07:10 ET (12:10 GMT)

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