REC Silicon ASA (REC.OL)
16 Jan 2019
OSLO Oslo-listed Elkem , which makes products used in steel, aluminium and chemicals, warned on Wednesday that earnings would weaken in the fourth quarter as the impact from U.S. trade tariffs against China was stronger than expected.
OSLO A U.S.-China trade dispute sent Norway's REC Silicon , a supplier to the solar industry, plunging to a quarterly loss on Thursday, but the company's shares rose after it indicated it would not need to issue new equity this year.
* Shares rise on assurance of no equity increase this year (Adds share price, analyst)