Hanwha SolarOne Co. Ltd (NASDAQ:HSOL), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, announced it has signed a memorandum of understanding with Shanghai HuiTianRan Investment Holding Group Co. Ltd, stating their intention to establish a long-term strategic partnership to co-operate in the PV downstream business, leveraging HTR’s existing JV project company with a large state-owned electric power company. Hanwha Solarone Co. Ltd (NASDAQ:HSOL) stock opened at $3.32 in last session, and closed at $3.23, while the day range of stock is $3.22 – $3.38. The stock showed a negative weekly performance of -1.22%.
Franco-American telecom gear group Alcatel-Lucent SA (ADR) (NYSE:ALU) will cut fewer jobs in France than previously planned under moves to slash 10,000 posts worldwide in an attempt to stem losses, its chief executive told Le Monde newspaper. Alcatel Lucent SA (ADR) (NYSE:ALU) stock opened at $4.35, in last session and closed at $4.37, by gaining 0.23%. The 52 week range of the stock is $1.27 – $4.68. Company’s market capitalization is $10.49 billion.
Financial services giant Citigroup Inc (NYSE:C) is scheduled to report fourth quarter results before the markets open. The earnings of the company are expected to rise to $0.95 per share from $0.69 per share reported a year earlier Citigroup Inc (NYSE:C) stock advanced 1.93% and finished the last session at $54.99. The EPS of the stock remained 3.97. Company’s market capitalization is $166.78 billion.
Credit Suisse restated their neutral rating on shares of Barclays PLC (ADR) (NYSE:BCS) in a report released on Tuesday, Analyst Ratings Network.com reports. Credit Suisse currently has a GBX 270 ($4.45) price objective on the stock. Barclays PLC (ADR) (NYSE:BCS) stock opened the session at $19.43, and closed the session at $19.58. The 52 week range of the stock remained $15.83 – $20.60 and the day range was $19.39 – $19.59.
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