Hot Stocks: Trina Solar Limited (NYSE:TSL), First Solar (NASDAQ:FSLR), LDK Solar (NYSE:LDK), SolarCity Corp (NASDAQ:SCTY)

Technology Stocks News 15

Trina Solar Limited (ADR) (NYSE:TSL) projects shipments of 3.6 gigawatts to 3.8 GW, up from 2.58 GW in ’13. CEO Jifan Gao said efforts to diversify beyond the company’s traditional Europe and U.S. markets are progressing. Trina cut its ’13 net loss 71% to $77.9 mil. Trina Solar Limited (ADR) (NYSE:TSL) stock performance was 11.05% in last session and finished the day at $16.38. Traded volume was 10,539,919 million shares in the last session and the average volume of the stock remained 4.86 million shares. The beta of the stock remained 3.16.

Thomson Reuters/Verus upgraded shares of First Solar (NASDAQ:FSLR) from a hold rating to a buy rating in a research note released on Monday morning, American Banking and Market News reports. First Solar, Inc. (NASDAQ:FSLR) rose 3.13 percent to $57.71 yesterday on volume of 3.99 million shares. The intra-day range of the stock was $56.25 to $58.05. First Solar, Inc. (NASDAQ:FSLR) has a market capitalization of $5.74 million.

LDK Solar Co., Ltd. (NYSE:LDK) announces that the Grand Court of the Cayman Islands appointed Tammy Fu and Eleanor Fisher, both partners of Zolfo Cooper (Cayman) Limited of 38 Market Street, 2nd Floor, Canella Court, Camana Bay, Grand Cayman, Cayman Islands, as joint provisional liquidators (“JPLs”) for the Company on February 27, 2014. LDK Solar Co., Ltd (ADR) (NYSE:LDK)’s stock on Mar 4, 2014 reported closing price of $1.01. Its fifty two weeks range is $0.93 -$2.17. The total market capitalization recorded $160.41 million.

SolarCity Corp. (NASDAQ:SCTY) delayed its fourth quarter 2013 earnings release for the second time now. The company announced that it will restate its 2012 and 2013 financial results after fixing an accounting error related to the way it calculates overhead expenses. Shares of the solar photovoltaic installer slipped 2.0% yesterday. On Tuesday, shares of SolarCity Corp (NASDAQ:SCTY) dropped -0.74% to close the day at $82.64. Company return on investment (ROI) is -13.70% and its monthly performance is recorded as 11.54%. SolarCity Corp (NASDAQ:SCTY) quarterly revenue growth is 58.07%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone