Top Movers: Tesla Motors Inc (NASDAQ:TSLA), Nokia Corporation (ADR) (NYSE:NOK), First Solar (NASDAQ:FSLR), Hanwha Solarone (NASDAQ:HSOL), ReneSola (NYSE:SOL)

Technology Stocks News 3

Tesla Motors Inc (NASDAQ:TSLA) has opened its first Supercharger in France earlier this month. The Supercharger is located in Auxerre. It has two spots with total output of 135 kW. It appears to be one of the temporary mobile units. There is one more charging point (3-phase AC with 2x 22 kWs) next to the Supercharger. Tesla Motors has opened 27 Supercharger stations in Europe as a whole so far. Tesla Motors Inc (NASDAQ:TSLA) stock performance was 1.82% in last session and finished the day at $223.06. Traded volume was 4.12million shares in the last session and the average volume of the stock remained 6.41million shares. The beta of the stock remained 0.38. Tesla Motors Inc (NASDAQ:TSLA) insider ownership is 0.20%.

Nokia Corporation (ADR) (NYSE:NOK), Apple and Lenovo have all pulled production from China to produce closer to major regional markets. Many are choosing emerging markets like Africa and South America. Of major concern to SA is the fact that there is major interest in Angola, the continent’s fastest growing economy. However SA is still seen as a base of security for sub-Saharan Africa, with Dubai serving North Africa. Nokia Corporation (ADR) (NYSE:NOK) rose 1.89 percent to $7.54 Wednesday on volume of 11.24million shares. The intra-day range of the stock was $7.41 to $7.54. Nokia Corporation (ADR) (NYSE:NOK) has a market capitalization of $28.00billion.

The largest photovoltaic (PV.V) panel manufacturer in the U.S., First Solar Inc. (NASDAQ:FSLR) received approval from the Overseas Private Investment Corporation (:OPIC), the U.S. government’s development finance institution and International Finance Corporation or IFC for a 141-megawatt (MW) AC solar project in northern Chile. First Solar, Inc. (NASDAQ:FSLR)’s stock on July 09, 2014 reported a increase of 0.05% to the closing price of $64.42. Its fifty two weeks range is $35.59 -$74.84. The total market capitalization recorded $6.45billion. The overall volume in the last trading session was 2.57million shares. In its share capital, FSLR has 100.13million outstanding shares.

Hanwha SolarOne Co Ltd (NASDAQ:HSOL) completed a 9.5 MWp delivery of high quality solar modules to Belgian headquartered solar company Ikaros Solar. The modules have been installed in a 3 MWp solar park in Hampshire and a 6.5 MWp in Oxfordshire, both UK. On Wednesday, shares of Hanwha Solarone Co Ltd (NASDAQ:HSOL) advanced 4.64% to close the day at $2.48. Company return on investment (ROI) is -9.20% and its monthly performance is recorded as 7.36%. Hanwha Solarone Co Ltd (NASDAQ:HSOL) quarterly revenue growth is -10.79%.

Equities research analysts at Credit Suisse assumed coverage on shares of ReneSola Ltd. (ADR) (NYSE:SOL) in a research note issued to investors on Friday. The firm set an “underperform” rating on the stock. ReneSola Ltd. (ADR) (NYSE:SOL) stock performance was 0.40% in last session and finished the day at $2.52. Traded volume was 1.26million shares in the last session and the average volume of the stock remained 2.16million shares. The beta of the stock remained 3.39. ReneSola Ltd. (ADR) (NYSE:SOL) insider ownership is 55.27%.

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