JPMorgan Chase & Co. initiated coverage on shares of Canadian Solar Inc. (NASDAQ:CSIQ) in a research report released on Monday morning,TheFlyOnTheWall.com reports. The firm issued an overweight rating and a $50.00 price objective on the stock. Canadian Solar Inc. (NASDAQ:CSIQ) stock opened at $43.10 in last session, and closed at $41.84, while the day range of CSIQ stock is $40.61-$44.50.The stock showed a positive weekly performance of 10.78%.
Auxilium Pharmaceuticals, Inc. (NASDAQ:AUXL) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in AUXL indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close. Auxilium Pharmaceuticals, Inc. (NASDAQ:AUXL) stock opened at $31.32, in last session and closed at $30.75, by loosed -0.29%.The 52 week range was $13.87-$32.46. Company’s market capitalization is $1.52 billion.
From a merger arbitrageur’s perspective the likelihood of completion of a Men’s Wearhouse (NYSE:MW) – Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) merger appears to be as predictable as a coin toss – it could easily go either way. However, recent legal developments have created a profitable opportunity. Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) stock gained 2.95% and finished the last session at $62.08.The EPS of the stock remained 2.29.Company’s market capitalization is $1.74 billion.
Ashford Hospitality Trust, Inc. (NYSE:AHT) released its earnings data on Thursday. The company reported $0.14 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.23 by $0.09, American Banking & Market News reports. The company had revenue of $163.00 million for the quarter, compared to the consensus estimate of $186.00 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The company’s quarterly revenue was down 12.8% on a year-over-year basis. Ashford Hospitality Trust, Inc. (NYSE:AHT) stock opened the session at $11.13, and closed the session at $11.18.The 52 week range of the AHT stock remained $7.86-$14.26 and the day range was $11.13-$12.00.
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