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MEMC Electronic Materials Sees Q1 Capex Of $30 Mln - $40 Mln - Quick Facts

MEMC Electronic Materials Inc. (WFR) said it is filing a Form 8-K today with the Securities and Exchange Commission to provide the slides that will be presented later today at the company's Capital Markets Day in Belmont, California, as well as a 2013 financial outlook and details on a forthcoming company name change proposal to shareholders.

Looking ahead, the company expects Capex between $30 million and $40 million for the first quarter of 2013, and between $120 million and $140 million for the full year 2013.

MEMC would be holding a capital markets day today, March 13, 2013. Additionally, the company announced its plan to change its name to SunEdison, Inc.

by RTTNews Staff Writer

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