American Heritage® Dictionary of the English Language, Fourth Edition
- Prigogine, Ilya 1917-2003. Russian-born Belgian chemist. He won a 1977 Nobel Prize for his contributions to nonequilibrium thermodynamics.
“Renesola, a solar wafer maker whose sales more than doubled last year, is down 33 percent in New York trading since June 2 when Muddy Waters founder Carson Block published his note on Sino-Forest.”
“Renesola Chief Executive Officer Li Xianshou said analysts' profit forecasts for the company were inflated after Germany and Japan pledged to shut nuclear plants after the Fukushima reactor meltdown in March.”
“Multiples of stock prices to earnings forecast for this year are 2.8 at LDK, 6 at Trina and 3.4 at Renesola Ltd. as of July 19.”
“We are more objective and realistic about the market," the Renesola executive said in a July 14 telephone interview.”
“Renesola this year is aiming to almost triple its output of polysilicon even after a tumble in the price of the raw material for solar cells.”
“Analysts expect Renesola of Jiashan, China, to post profit of $137 million this year, 15 percent less than four weeks ago, according to a Bloomberg survey.”
“Renesola should reach 25-30% gross margin in 2H 2011 as expansion cost goes away this year.”
“Impact: 1. Expect margin jump in premium supplier such as LDK Solar and Renesola.”
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