Semiconductor Active Runners: Sunedison Inc. (NYSE:SUNE), Marvell (NASDAQ:MRVL), Taiwan Semiconductor (NYSE:TSM), China Sunergy (NASDAQ:CSUN)

Posted by on Feb 19, 2014

SunEdison Inc. (NYSE:SUNE) (St. Peters, Missouri, U.S.) has filed to create a “yieldco” vehicle, which it will use to own solar photovoltaic (PV) plants and sell the electricity generated on a merchant or other short-term basis. Sunedison Inc. (NYSE:SUNE) stockopened at $14.53 in last session, and closed at $15.18, while the day range ofSunedison Inc. (NYSE:SUNE) stock is $14.45 – $15.44. The stock showed a positive weekly performance of 3.34%.

Marvell Technology Group Ltd. (NASDAQ:MRVL) a worldwide leader in integrated silicon solutions, has announced that China’s leading smartphone manufacturer, YulongCoolpad, has launched a new TD-LTE entry-level 4G smartphone, the YulongCoolpad 8705, for the China 1,000 RMB (approx U.S. $165 )4G LTE market. Marvell Technology Group Ltd. (NASDAQ:MRVL) stock opened at $15.36, in last session and closed at $15.73, by gaining 2.68%. The 52 week range of $9.16 – $15.83. Company’s market capitalization is $7.74B.

Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) moves forward due to announcement of new plans. The chip maker has since January seen forward momentum, thanks to news of the 20 nanometer chip. The production of this chip is expected to begin in about three months or by second quarter. Taiwan Semiconductor Mfg. Co. Ltd. (ADR)(NYSE:TSM)stock decreased-0.56% and finished the last session at $17.79. The EPS of the stock remained1.18. Company’s market capitalization is $92.25B.

China Sunergy Co. Ltd (NASDAQ:CSUN) announced that the company’s Turkey plant has fulfilled a solar module supply contract totaling 7.8 MW for a project in Romania. China Sunergy Co Ltd(NASDAQ:CSUN) stock opened the session at $5.80, and closed the session at $6.16.The 52 week range of theChina Sunergy Co Ltd (NASDAQ:CSUN) stock remained $1.25 – $10.19and the day range was $5.69 – $6.16.

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