logo
Share SHARE
FONT-SIZE Plus   Neg

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 RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A massive cyberattack has hit Europe on Tuesday, spreading to U.S. and Asia, affecting businesses and government systems with ransom demands. The new ransomware attack, in a possible reprise of a widespread WannaCry assault in May, is said to be caused by the virus linked to malware called Petrwrap or Petya. The affected users are told to pay $300 in cryptocurrency per infected computer... Apple and Hertz Global Holdings Inc. will work hand in hand to develop self driving vehicles. Bloomberg reported that Apple will hand over six Lexus SUVs to Hertz subsidiary Donlen fleet management unit for software testing. The leasing agreement between Apple and Hertz for a small fleet of vehicles was revealed by the California Department of Motor vehicles. The document listed Donlen as the le Apple Inc. has acquired German computer vision company SensoMotoric Instruments, a maker of eye-tracking glasses and systems, according to media reports. Financial terms of the deal are not known. The acquisition is expected to help Apple develop software that will be built into future versions of the iPhone or other new hardware.
comments powered by Disqus
Follow RTT