On Sep 18, ReneSola Ltd. (NYSE:SOL) announced that it has entered into a partnership with SolarMax to supply the latter’s solar inverters in Australia. Per the agreement, ReneSola will provide a combination of the SolarMax P-series and MT-series solar inverters and accessories, which are certified to be used in Australia and New Zealand, along with its solar panels to both residential and commercial customers. ReneSola Ltd. (NYSE:SOL) belongs to Technology sector. Its net profit margin is -12.80% and weekly performance is -11.27%. On last trading day company shares ended up $3.15. ReneSola Ltd. (NYSE:SOL) distance from 50-day simple moving average (SMA50) is 14.71%.
Cisco Systems (NASDAQ:CSCO) COO Gary B. Moore sold 148,651 shares of Cisco Systems stock on the open market in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $25.10, for a total value of $3,731,140.10. Following the transaction, the chief operating officer now directly owns 567,355 shares in the company, valued at approximately $14,240,611. Cisco Systems, Inc. (NASDAQ:CSCO) shares moved down -0.08% in last trading session and ended the day at $25.20. CSCO Gross Margin is 58.90% and its return on assets is 7.70%. Cisco Systems, Inc. (NASDAQ:CSCO) quarterly performance is 2.27%.
McDonald’s Corp. (NYSE:MCD)’s build-your-own- burger experiment, under way in four Southern California restaurants, could be coming to many more locations as the chain seeks to pull out of the worst sales slump in a decade. On 19 September, McDonald’s Corp. (NYSE:MCD) shares increased 0.94% and was closed at $94.36. MCD EPS growth in last 5 year was 8.10%. McDonald’s Corp. (NYSE:MCD) year to date (YTD) performance is -0.27%.
On Sept. 10, Cape Bancorp, Inc. (NASDAQ:CBNJ), and Colonial Financial Services, Inc. (Nasdaq:COBK), the holding company for Colonial Bank, FSB (“Colonial Bank”), jointly announced today they have entered into an agreement and plan of merger (the “Agreement”) under which each shareholder of Colonial, subject to potential adjustments at closing, will be entitled to elect to receive either $14.50 per share in cash or 1.412 shares of Cape’s common stock, subject to 50% of the shares being exchanged for stock and 50% for cash. Based on Cape’s stock price of $10.06, as of September 9, 2014, the transaction is valued at approximately $55.0 million. Cape Bancorp, Inc. (NASDAQ:CBNJ) ended the last trading day at $9.45. Company weekly volatility is calculated as 2.08% and price to cash ratio as 2.33. Cape Bancorp, Inc. (NASDAQ:CBNJ) showed a weekly performance of 0.96%.
On Sep 12, Xcel Energy Inc. (NYSE:XEL)’s Southwestern Public Service Company is seeking proposals for additional solar energy resources as a component of its resource planning process. Through this solicitation, SPS is requesting proposals for up to 200 megawatts of solar photovoltaic generation resources that could begin delivery to SPS on or before Dec. 31, 2016, and that would be contracted through a power purchase agreement. Xcel Energy Inc. (NYSE:XEL) shares increased 0.74% in last trading session and ended the day at $31.19. XEL Gross Margin is 88.40% and its return on assets is 2.90%. Xcel Energy Inc. (NYSE:XEL) quarterly performance is -0.32%.