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MarketScreener Homepage  >  News  >  Economy & Forex

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Utilities Up As Investors Hedge On Stimulus Chances -- Utilities Roundup

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09/25/2020 | 06:30pm EDT

Shares of power producers rose as investors hedged their bets on the likely outcome of economic-stimulus negotiations in Washington DC.

Nasdaq-listed Canadian Solar is close to raising 1.8 billion yuan, equivalent to $264 million, from electric-vehicle maker BYD Co. and other investors, for its Chinese solar-power equipment manufacturing business, The Wall Street Journal reported.

 

Write to Rob Curran at rob.curran@dowjones.com


Stocks mentioned in the article
ChangeLast1st jan.
CANADIAN SOLAR INC. -0.82% 37.68 Delayed Quote.71.90%
NASDAQ COMP. 1.64% 11185.592838 Delayed Quote.27.40%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) -0.25% 6.7042 Delayed Quote.-3.36%
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