Reuters ahead with First Solar rebate news, shares sink

Reuters beat Dow Jones by 18 minutes with the news that First Solar is planning to offer rebates on solar panels to defend its market position in Germany, the top solar market. The company’s stock promptly fell 3 percent in extended trade after having been up as much as 10 percent earlier after announcing better-than-expected quarterly earnings. The stock fell 10 percent in regular trading the following day. Bloomberg did not match Reuters` headlines and kept details about the rebate program at the bottom of its First Solar earnings story.