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Gold/Mining/Energy : First Solar, Nasdaq: FSLR

FSLR 266.80

+14.2%

Oct 31 3:59 PM EST

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From: Sr K	10/22/2012 11:12:07 AM
	2 Recommendations of 912

BUSINESS \| Updated October 22, 2012, 10:18 a.m. ET Siemens to Exit Solar Energy By ARCHIBALD PREUSCHAT And FRIEDRICH GEIGER FRANKFURT—Siemens AG plans to divest its solar business, the German industrial conglomerate said Monday, a first step in an overhaul to bolster profits. "Due to the changed framework conditions, lower growth and strong price pressure in the solar markets, the company's expectations for its solar energy activities have not been met," Siemens said in a statement. wsj.com

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