Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) came in under pressure along with solar stocks after a commission for the European Union proposed changes in the bloc’s alternative energy target. The European Commission, the executive arm of the EU, suggested terminating a requirement that each country produce a certain amount of renewable energy after 2020 and proposed that a renewable energy goal for the entire EU be set. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) stock opened at $6.19 in last session, and closed at $5.86, while the day range of stock is $5.83 – $6.19. The stock showed a negative weekly performance of -17.81%.
LSI Corporation (NASDAQ:LSI) reported adjusted earnings per share (excluding amortization, restructuring expenses but including stock-based compensation) of 16 cents in the fourth quarter of 2013, which not only beat the Zacks Consensus Estimate of 13 cents but also increased 21.5% from the year-ago quarter. LSI Corp (NASDAQ:LSI) stock opened at $11.01, in last session and closed at $11.00, by losing -0.27%. The 52 week range of the stock is $5.99 – $11.05. Company’s market capitalization is $5.99 billion.
Altera Corporation (Nasdaq:ALTR) announced the availability of a broad range of JESD204B solutions designed to simplify the integration of Altera FPGAs and SoCs and high-speed data converters in systems using the latest JEDEC JESD204B standard. The interface standard is used across many applications, including radar, wireless radioheads, medical imaging equipment, software defined radios and industrial applications. Altera’s JESD204B solutions include intellectual property (IP) cores, reference designs, development boards and interoperability reports for the industry’s latest data converters. Altera Corporation (NASDAQ:ALTR) stock decreased -2.46% and finished the last session at $32.12. The EPS of the stock remained 1.43. Company’s market capitalization is $10.31 billion.
Trina Solar Limited (ADR) (NYSE:TSL) Chairman Jifan Gao said he expects three to five “leading” solar companies to remain in China by 2017, with 80 percent of the country’s market share. Currently, there are about a dozen companies with capacity to produce more than 1 gigawatt of solar cells a year. Trina Solar Limited (ADR) (NYSE:TSL) stock opened the session at $14.67, and closed the session at $13.62. The 52 week range of the stock remained $3.31 – $17.84 and the day range was $13.45 – $14.70.