Earnings for China’s LDK Solar Far Outshine Estimates

The Chinese maker of solar wafers, modules and cells reported third-quarter earnings that easily beat analyst estimates on strong demand and improved pricing environment. The company also raised its outlook much above expectati…

Buffett’s China Car Project Drives Into Trouble

Profit tumbled 99% at BYD, a Chinese auto company that makes electric cars. Warren Buffett’s Berkshire Hathaway holds a 10% stake in the company.
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LDK Solar Lifts Revenue Outlook

Just as many were expecting demand for solar products to wane in 2011, LDK Solar, the Chinese maker of solar wafers, raised its shipment and revenue outlook for the third quarter.
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