Trina Solar distinction tops Wall Street shares stand

NEW YORK Wed Feb 24, 2010 11:55am EST

NEW YORK (Reuters) - China-based Trina Solar Ltd reported higher-than-expected fourth quarter profit and said its margins widened even as the industry continued to see weaker selling prices for solar modules.

A glut of solar cells and modules pressured prices by about 40 percent last year, but a recent rebound in demand ahead of expected subsidy cuts in Germany has boosted sales for many producers of the renewable energy systems.

Net income rose to $49.2 million, or 74 cents per American Depositary Share, versus a loss of $673,000, or 1 cent per share, in the year-earlier quarter.

That easily topped the 60 cents per share that analysts had on average forecast, according to Thomson Reuters I/B/E/S.

Revenue rose 45 percent to $313.3 million, beating analysts" forecast for $284 million.

Gross margins climbed to 32.6 percent, topping Trina"s forecast of 25 percent to 27 percent.

Shipments of its photovoltaic modules rose to 164 megawatts, up 34 percent from the third quarter and at the top end of the company"s forecast of 145 to 165 megawatts.

Shares in the company rose 3.4 percent in premarket trade.

(Reporting by Matt Daily, editing by Gerald E. McCormick)

Arsenal 2 Sunderland 0: Theo Walcott steals the show as Gunners close in on Manchester United

At the close of a frenzied week which saw him lose both his temperand his dignity, Arsene Wenger was back in familiar reflective mood.

"I don"t remember another title race like this", he said. "Tomorrow,you will read that Chelsea will win the championship. But sport ismovement. What seems right today can be very different in three weeks".

Wenger picked his words with caution, but he could not disguise his ambitions. For suddenly, improbably, Arsenal are within shouting distance of thesummit. And a season which has spluttered and staggered is finallystarting to soar.

Spot on Cesc Fabregas ensures the victory

Wenger"s side were strangers to their finest form, but the victory is critically important, and the shadow of a smile across his gaunt features spoke of warm relief and renewed expectations.

Not until Cesc Fabregas thumped in a penalty in added time could Arsenal be truly confident of clinging to the first-half lead which Nicklas Bendtner had supplied.

That belated penalty could be seen as appropriate punishment for some ugly, and largely unpenalised, Sunderland tackling. In this case, it was a simple trip by Fraizer Campbell on Fabregas as Arsenal assembled a threatening break. The relief which hissed around the Emirates was evidence of the fans" slender confidence in their team"s ability to settle matters.

But if Arsenal were less than convincing, Sunderland"s plight grows more serious by the week. They have not achieved a League win since beating Arsenal in November, and Steve Bruce is openly speaking of his frustration.

"I think I"ve had more chances today than in all the years I"ve been coming here as a player and manager", he said. The exaggeration was pardonable, the anxiety intense.

And he had a point. Denied adequate possession and forced to exist on scraps, the strikers Kenwyne Jones and Darren Bent feebly fumbled the rare chances which were organised for them. Bruce is making brave noises, but he knows he is undergoing perhaps the most searching test of his managerial career.

Tap in: Nicklas Bendtner knocks in from close range

Arsenal"s first-half performance was an extended cameo of their entireseason. Allowed an absurd preponderance of possession, they used itself-indulgently. The extra pass became the frustrating norm, and whileSunderland were frequently bewildered, they were rarely overrun.

TODAY"S TEAMS

Arsenal (4-1-4-1): Almunia; Eboue (Denilson 89min), Vermaelen, Silvestre, Clichy; Song; Walcott (Sagna 78), Fabregas, Ramsey, Nasri (Rosicky 72); Bendtner.

Subs (not used): Vela, Fabianski, Traore, Campbell. Booked: Fabregas.

Sunderland (4-4-2): Gordon; Hutton, Turner, Mensah, McCartney (Bardsley 85); Campbell, Richardson (Zenden 76), Ferdinand, Cana; Bent, Jones (Benjani 78).

Subs (not used): Bardsley, Malbranque, Da Silva, Carson, Kilgallon.

Booked: Turner, Richardson, Cana, Mensah, Ferdinand.

Referee: S Bennett (Kent).

Indeed, when they managed to get through to Arsenal"s back four, they often exposed its fragility. The story was told inside a four-minute spell.

In 16 minutes, Theo Walcott"s pace unhinged George McCartney, but Walcott"s failure to lift his chin from his chest saw the chance dissolve. The incident was sadly typical of the young man"s afternoon.

A minute later, Bendtner was allowed an even easier chance from a dozen yards, but he slapped at the shot and saw it rear off McCartney and on to the Sunderland bar. But the threat of retaliation was always lurking, and in 20 minutes one such Sunderland break-out should have resulted in success for Campbell.

It took Arsenal 27 minutes to find the goal they were seeking, and when it came, it was an enviably simple event. Emmanuel Eboue ran at a befuddled defence before playing a low, diagonal ball to the far post. Given the most acceptable of chances, Bendtner duly accepted it.

Arsenal"s task might have become very much more comfortable in 34 minutes, when Sunderland"s captain Lorik Cana launched an appalling two-footed assault on Eboue and took a yellow card when it probably merited red.

In the hunt: Arsenal"s Emmanuel Eboue puts Arsenal within two points of Manchester United

Still Arsenal could not kill off the challenge, and they almost paid a price, with Kieran Richardson winning a ball at halfway and rolling his pass into the run of Jones. The striker ran on alone, awaited the keeper"s advance, then rolled his shot a yard past a post.

The pattern was maintained in the second 45 minutes, Sunderland"s tackling becoming more harsh as their cause grew more urgent.

In Alex Song, Arsenal had a holding midfielder capable of reading the play, breaking up attacks and offering critical support to his back four. Yet still Sunderland created chances, the best of them falling to Bent in 65 minutes, when he struck the keeper"s legs, and Campbell nine minutes later, when he missed expensively from in front of goal.

"That"s the Premier League", said Bruce. "Sometimes it"s very unforgiving".

He is left to glance apprehensively over his shoulder. As for Wenger, he is looking in a quite different direction.

More...Incompetent! Wenger launches stunning attack on refereeMan City eye 24m Yaya... but Barca star to lure Arsenal jewel FabregasUnder-fire Sunderland boss Bruce confident he has Black Cats backingARSENAL FC NEWS FROM ACROSS THE WEBSUNDERLAND AFC NEWS FROM ACROSS THE WEB

Dual self-murder conflict on Pakistan troops vehicles kills 45 in Lahore

Foreign Staff & , : {}

Two self-murder bombers targeting Pakistani troops vehicles detonated explosives inside of seconds of each alternative in the majority fatal conflict in the nation this year, murdering 45 and wounding 100.

A third explosve exploded nearby a military hire after in the day, military said, wounding 4 people and serve rattling nerves in the eastern city nearby the limit with India.

Pakistani authorities have pronounced that security operations have enervated Taleban militants related to al-Qaeda who are fighting to disintegrate the Government, but the insurgents have renewed vigour on Asif Ali Zardari, the President, with five explosve attacks this week alone.

A peace in assault could have supposing a little service for the President, who faces calls from opponents to palm over his strongest powers to the Prime Minister. If that does not occur Pakistan could face domestic misunderstanding whilst being pulpy to better the Taleban.

Related LinksPakistani Army captures al-Qaeda cavern networkSuicide car bomber kills at slightest thirteen in Lahore

The five blasts enclosed a car explosve self-murder conflict on a military comprehension construction in Lahore that killed thirteen people. A sharpened and bombing at a US-based assist group killed an additional 6 in the northwest.

hair wig

Prudential trainer held up in the impugn that wasnt

Mark Kleinman: In commercial operation & , : {}

A vital bitch erupted yesterday over the delay of meetings currently in between Prudential and a little of the Edinburgh-based investors.

Some institutions spoken that they had been snubbed. In actuality the discussions were scheduled in error: the Prus arch executive, Tidjane Thiam, had a longstanding lunch rendezvous with Singapores minister-mentor, Lee Kuan Yew.

Thiam will stick on alternative comparison commercial operation figures, together with Sir Martin Sorrell, arch senior manager of WPP, Ian Livingston, trainer of BT, and Sir James Sassoon, mercantile confidant to the Conservatives, at the Singaporean High Commission.

Carr knocked off course

Related LinksPru scrambles to finish Hong Kong floatPrudential trainer promises bomb expansion

The evident casualties of Kraft Foods takeover of Cadbury enclosed the autonomy of one of Britains majority feted companies. The acknowledgment of the closure of Cadburys Somerdale bureau at Keynsham, compounded the clarity of loss.

There might additionally have been an additional misadventure of the understanding a impending chivalry for Roger Carr, the Cadbury chairman. I assimilate that for multiform months, a letter-writing debate orchestrated by Carrs most supporters in the City has been receiving place in an try to convince officials of the merits of such an award.

In new weeks that debate has been most some-more pale and a little friends of Carr hold his chances of a chivalry have been neatly marked down by the takeover.

They should be valid wrong. Carrs use to British commercial operation over most years has been exemplary.

KBC goes courting again

The Belgian promissory note organisation KBC has been courting seductiveness in the London stockbroking operation Peel Hunt for multiform months. Now I assimilate it is additionally seeking at a sale of the plan financial arm, that has saved energy, infrastructure and telecoms initiatives around the world.

In Britain, the commercial operation has acted on the financing of a 100 million plan for Aberdeen Environmental Services. The KBC operation has additionally bankrolled activities in Australia, China and Qatar, and employs bankers in 6 locations, together with London and Hong Kong.

UBS has been allocated to find a customer for the business, that is thought to be value about €200 million (180 million).

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England step up security after group meetings bugged Football

The unlawful recordings are accepted to underline Fabio Capello. Photograph: Carl Recine/Action Images

The Football Association has changed to stop the essence of bugged conversations in in in between players and coaching staff apropos open after a recording was charity to media outlets.

Conversations in in in between the England coach, Fabio Capello, and the patrol are accepted to have been personally available forward of last week"s accessible opposite Egypt. The FA has launched an review in to how they were done and warned newspapers and broadcasters not to have them public.

The situation is the ultimate blow to strike Capello"s World Cup set up up, in the arise of the media frenzy that surrounded John Terry"s purported event with the ex-girlfriend of his general team-mate Wayne Bridge.

The recording, believed to be multiform hours long, is purported to enclose conversations in in in between coaching staff and players at the Grove Hotel in Hertfordshire forward of the 3-1 feat over Egypt at Wembley last Wednesday.

Although they have not strictly commented, the FA"s lawyers have contacted media organisations notice that announcement of the essence of the recording would be bootleg and a crack of the Data Protection Act and Press Complaints Commission rules.

Section 10 of the PCC formula states: "The press contingency not find to acquire or tell element acquired by utilizing dark cameras or surreptitious listening devices; or by intercepting in isolation or mobile write calls, messages or emails; or by the unapproved removal of papers or photographs; or by accessing digitally hold in isolation report but consent."

It is accepted that the FA"s lawyers have additionally been in hold with the Daily Star, that hinted at the calm of the conversations but did not imitate them, in sequence to try to discern who was charity the recordings for sale and how they were made.

It has been referred to that the calm of the tapes could give afar Capello"s tactical secrets but it is expected that whoever is obliged was anticipating for some-more blockbuster revelations about the England players" in isolation lives or justification of the outcome of the Terry story on the mood inside of the camp.

It is accepted that the recordings were charity to multiform Sunday newspapers, that incited them down. Capello is believed to be endangered about the crack but the FA is assured that parsimonious security around the England group at their remote Rustenburg precision stay at this summer"s World Cup will forestall a repeat.

It is perfect 507.5 carats and sole for 23m

David Robertson & , : {}

This is a mill that even a landowner with an total reward would onslaught to buy the 507.5 carat, perfect white-coloured Cullinan Heritage Diamond, that was sole to a Chinese customer yesterday for $35.3 million (�23 million).

The sale cost completed by Petra Diamonds is a jot down for a severe mill and comes as the marketplace is recuperating from the lows last year, when it was strike really bad by the recession.

The sale of the Cullinan Heritage is poignant in multiform ways, not slightest given it is an intensely singular mill that solid experts have likened to the find of a Van Gogh masterpiece.

The size, colour and faultlessness of the mill has enabled Petra, that is listed in London, to secure a cost per carat some-more than twice that that a not as big mill would fetch.

Related LinksPetra awaits solid bidsPetra buys important Cullinan solid cave

The sale to Chow Tai Fook Jewellery in Hong Kong highlights the flourishing significance of China in the tellurian solid market. The Chinese are thought to have overtaken Japan as the second-largest marketplace for changed stones at the back of the United States. Greater lavishness and a conform between civic couples for solid marriage bands has propelled sales in the country.

Diamond prices have recovered about 70 per cent of their worth given early last year, nonetheless direct in America stays weak.

The find of the Cullinan Heritage additionally confirms Petras conviction in the South African mine. It paid for it for one billion rand (around �72 million at the time) dual years ago from De Beers, that longed for to combine on newer mines. The Cullinan cave began prolongation in 1903 and is important for the large gems, together with the largest ever detected the 3,106 carat Cullinan Diamond, stones from that are featured in the Crown Jewels.

The Chow Tai Fook Group has not suggested the plans for the diamond, that could be cut in to not as big stones.

Chinas ultimate mystery: Hu Jintao and the declining micro-blog

Jane Macartney in Beijing & , : {}

Chinas President dismayed the internet at the week end by opening a micro-blog the Chinese homogeneous of Twitter.

Fascinated netizens began signing up at the rate of some-more than ten people a minute. But a day after the comment of Hu Jintao disappeared.

A short pro-forma note this sunrise on the dull site, hosted by the Communist Party spokesman Peoples Daily Online, pronounced simply: This object cannot be found, the writer might have erased it.

That fails to insist the poser of the presidents blank micro-blog.

Related LinksChina court order US Ambassador over Dalai LamaChinese censors worried by fabulous animalChina earnings glow opposite US in Google-war

Did the famously discreet personality of 1.3 billion people confirm he wasnt ready for such open interaction? Has he assimilated the ranks of those censored by the Great Firewall of China? Was it a box of temperament theft? Had the Peoples Daily unsuccessful to lift out the correct checks? Or was it a elementary computer error?

A journal inform on the remarkable disappearance offering dual central explanations. One was that the site simply crashed underneath the assault of 1,000 people an hour signing up to follow President Hus micro-blog.

The second was that a new ascent combined an involuntary micro-blog for any one who had purebred their temperament in the Peoples Daily chatroom as the boss did for an online review with the open on Jun 20, 2008.

A notice on the website pronounced all Strong Country VIP accounts were at the moment dangling to concede acknowledgment of the identities.

Whatever the case, the result is a serious annoyance for Peoples Daily Online. Today, would-be micro-bloggers were incompetent to register new accounts, at slightest for the moment, notwithstanding the notice that pronounced users were still acquire notwithstanding the strong overkill the day before.

Registered supporters of President Hu will be disappointed. He had nonetheless to post a singular blog prior to the site disappeared.

His micro-blog had been reliable as genuine, according to the Global Times an English-language announcement underneath the Peoples Daily.

Perhaps users should have been alerted to intensity problems by the deficiency of a photograph. Instead, micro-blogger Hu Jintao was represented simply by the animation light-bulb used by those reluctant or incompetent to pulp up a self-portrait.

His blog had been listed as @hujintao. It gave his temperament as General Secretary of the Communist Party of China Central Committee, Chinese President and Chairman of the Central Military Commission.

The pretension was roughly as prolonged as a singular entry. By the time the micro-blog left it had gained some-more than 16,000 supporters and a thousand-plus comments, most of that were adulatory.

Blogger Shao Mingbo wrote on Sunday: "I will keep watchful tonight to see who can be the initial propitious supporter of the account." An hour later, a blogger declared "feiquanmingqin" was hailed as the initial supporter of President Hu"s micro-blog and wrote "Calm down, ease down as others offering congratulations.

Another voiced disappointment, saying: "It"s a empathize he hasn"t created anything yet.

Some had even asked either the boss would concede Twitter criminialized in China to reappear.

It looks as if they will be watchful utterly a little time for a twitter from that sold micro-blogger.