Broadcom Corporation (NASDAQ:BRCM) reported sales figures that were on the higher side. The company stated that a surge in demand for networking components helped counterbalance the dip in the sales of mobile phone based chips. Broadcom Corporation (NASDAQ:BRCM) shares after opening at $30.72 moved to $31.00 on last trade day and at the end of the day closed at $ 30.56 . Company price to sales ratio in past twelve 31.00 months was calculated as 2.16 and price to cash ratio as 6.10. Broadcom Corporation (NASDAQ:BRCM) showed a negative weekly performance of -1.86 %.
China Sunergy Co., Ltd (NASDAQ:CSUN) a specialized solar cell and module manufacturer, announced that the Company received a Nasdaq Staff Deficiency Letter dated April 24, 2014 indicating that the Company is not in compliance with the majority board independence composition requirement for continued listing set forth in Nasdaq Listing Rule 5605(b)(1) which requires that each listed company maintain a board of directors comprised of a majority of independent directors. In the deficiency letter, Nasdaq provided the Company a cure period to regain compliance as follows: (i) until earlier of the Company’s next annual shareholders’ meeting or March 26, 2015; or (ii) if the next annual shareholders’ meeting is held before September 22, 2014, then the Company must evidence compliance no later than September 22, 2014. China Sunergy Co Ltd (NASDAQ:CSUN) shares fell -1.57% in last trading session and ended the day on $3.13. CSUN return on equity ratio is recorded as 734.00% and its return on assets is -13.10%. China Sunergy Co Ltd (NASDAQ:CSUN) yearly performance is 110.07%.
ReneSola Ltd. (ADR) (NYSE:SOL) a leading brand and technology provider of solar photovoltaic products, announced it has appointed Mr. Daniel Lee as the Company’s chief financial officer, effective May 5, 2014. ReneSola Ltd. (ADR) (NYSE:SOL) shares moved up 2.21% in last trading session and was closed at $2.78 while trading in range of $2.70 – $2.86 – ReneSola Ltd. (ADR) (NYSE:SOL) year to date (YTD) performance is -19.42%.
Hanwha SolarOne Co., Ltd. (NASDAQ:HSOL) a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic (“PV”) cells and modules in China, announced that it will release its unaudited financial results for the first quarter 2014 before the market opens on Wednesday, May 14, 2014. On the same day, management will host a conference call to discuss the results at 8:00 AM Eastern Time (8:00 PM Shanghai time). Hanwha Solarone Co Ltd (NASDAQ:HSOL) weekly performance is -7.93%. On last trading day company shares ended up $2.67. Hanwha Solarone Co Ltd (NASDAQ:HSOL) distance from 50-day simple moving average (SMA50) is -12.00%. Analysts mean target price for the company is $5.00.
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