LDK Solar Co. Ltd. (NYSE: LDK) narrowed second quarter losses to 97 cents per American Depositary Share from $2 per American Depositary Share last year but its cash equivalents plunged and the photovoltaic products maker would miss a debt payment. The stock price lost 23 cents to $1.52.
LDK To Miss Debt Payment
August 27, 2013 at 07:42 AM EDT