Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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

MEMC Electronic Materials Inc. (WFR: Quote) 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.

Click here to receive FREE breaking news email alerts for SunEdison and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Home improvement and building products company Masco Corp. said Monday after the markets closed that its second quarter profit jumped 78% from last year, as revenue increased and margins improved amid strong performance of its Plumbing Products, Installation and Other Services and Decorative Architectural Products segments. American Financial Group Inc. (AFG) Monday reported second-quarter net earnings of $106 million or $1.15 per share, compared to $110 million or $1.20 per share last year. Core net operating earnings were $99 million or $1.07 per share, compared to $87 million or $0.96 per share last year. Total... Stocks showed a significant recovery over the course of the trading day on Monday after coming under pressure in early trading. The markets eventually ended the session roughly flat following the mixed performance that was seen last week.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.