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Solarfun Power Holdings (Nasdaq: SOLF) $12.19. Today announced that it has already reached its 2010 year-end target of 360 MW in ingot manufacturing capacity, 400 MW in wire saw capacity, 500 MW of cell capacity and 900 MW in module capacity. This represents increases of 100 MW in cell capacity and 200 MW in module capacity compared to the end of the second quarter of 2010. As announced in the Company's press release dated July 19, 2010, the cell capacity is scheduled to increase to 550MW by early in the first quarter of 2011 through debottlenecking and the enhancement of manufacturing processes
What They Do: Solarfun Power Holdings is a leading manufacturer of solar PV cells and modules in China, focusing on delivering high quality and reliable products at competitive prices. Solarfun produces its monocrystalline and polycrystalline products at its internationally certified, vertically-integrated manufacturing facilities.
Dril-Quip, (NYSE: DRQ) $65.81. Today announced that Dril-Quip (Europe) Limited, its wholly owned subsidiary located in Aberdeen, Scotland, has been awarded a contract valued at approximately $20 million by Technip UK Limited for the supply of equipment for the Islay Gas Field project in the United Kingdom sector of the North Sea. The Islay Field is located 440 kilometers northeast of Aberdeen in 120 meters of water.
Dril-Quip will provide subsea control system equipment which includes a subsea fiber optic network communication system, two subsea control pods and a HIPPs (High Integrity Pressure Protection) system with its own subsea control pod. The majority of the work will be managed and executed at Dril-Quip's facility in Aberdeen. Offshore installation is scheduled to begin mid-2011.
What They Do: Dril-Quip is a leading manufacturer of highly engineered offshore drilling and production equipment which is well suited for use in deepwater, harsh environment and severe service applications.
Walmart (NYSE: WMT) $54.61. Today announced big savings on toys to kick off the pre-holiday season, with $5, $10 and $15 on this year's must-have toys, available now in all Walmart stores. This includes a wide assortment of the hottest toys including FurReal Gogo Pup, Nerf N-Strike Stampede, Iron Man, Thomas the Train, Barbie and more.
"We know moms and toys better than anyone, and we're serious about making sure we help families spread more Christmas cheer by offering the hottest toys and brands at unmatched prices," said Laura Phillips, senior vice president of toys and seasonal merchandising, Walmart. "We have conducted ongoing focus groups throughout the year to ensure that we stock our toy shelves with toys that'll make kids scream with delight at low prices that'll make parents smile."
Research shows that this holiday season will be more difficult than most for budget-savvy customers. Families are looking to save money by cutting gifts for extended family and friends to create a memorable holiday for their immediate family. (Walmart Customer Insights, 2010).
What They Do: Wal-Mart Stores serves customers and members more than 200 million times per week at more than 8,600 retail units under 55 different banners in 15 countries.
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