Xerox Corp (NYSE:XRX) was downgraded by stock analysts at Argus from a “buy” rating to a “hold” rating in a report issued on Thursday. The analysts noted that the move was a valuation call. Xerox Corp (NYSE:XRX) shares after opening at $12.30 moved to $12.52 on last trade day and at the end of the day closed at $12.51. Company price to sales ratio in past twelve months was calculated as 0.68 and price to cash ratio as 9.32. Xerox Corp (NYSE:XRX) showed a positive weekly performance of 1.30%.
Canadian Solar Inc. (NASDAQ:CSIQ) subsidiary Canadian Solar Solutions Inc. inked an Engineering, Procurement, and Construction (EPC) deal with Kingston Solar LP to build a 140-megawatt (MW) DC (100 MW AC) utility-scale solar energy farm in Ontario, Canada. The new contract is considered the largest Canadian EPC agreement. Canadian Solar Inc. (NASDAQ:CSIQ) shares ended the day on $29.79. CSIQ return on equity ratio is recorded as 10.50% and its return on assets is 1.60%. Canadian Solar Inc. (NASDAQ:CSIQ) yearly performance is 194.95%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) the largest vertically integrated photovoltaic (“PV”) module manufacturer in the world, known as “Yingli Solar,” today hosted a press conference in Rio de Janeiro to announce the Company’s plans to leave a sustainable legacy in Brazil. These plans include becoming the first ever carbon neutral sponsor of the FIFA World Cup, and supplying 400 to 600 kW for a solar legacy project in Brazil that is expected to be among the largest solar energy systems in the country. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares moved up 3.78% in last trading session and was closed at $3.78, while trading in range of $3.62-$3.80. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) year to date performance is -25.15%.
Credit Suisse assumed coverage on shares of JinkoSolar Holding Co. (NYSE:JKS) in a report issued on Friday. The firm issued an outperform rating and a $45.00 target price on the stock.JinkoSolar Holding Co., Ltd. (NYSE:JKS) weekly performance is 6.90%. On last trading day company shares ended up $29.73. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) distance from 50-day simple moving average is 10.43%. Analysts mean target price for the company is $43.82.
Panasonic Corporation announced that it will begin selling the “Space Player”, a new type of lighting equipment combining the functions of traditional lighting and video projectors to offer non-conventional ambient lighting, as well as projection contents in Japan from July 1, 2014.Panasonic Corporation (ADR) (OTCMKTS:PCRFY) shares after opening at $12.12 moved to $12.13 on last trade day and at the end of the day closed at $12.09.
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