Trina Solar Limited (NYSE:TSL) announced the commencement of the offering of US$150 million in aggregate principal amount of convertible senior notes due 2019 (the “Notes”) (the “Notes Offering”). Trina Solar has granted the initial purchasers in the Notes Offering a 30-day option to purchase up to an additional US$22.5 million aggregate principal amount of the Notes. The Company also commenced a concurrent offering of 8,800,000 American Depositary Shares (“ADSs”), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the “ADS Offering”). Trina Solar has granted the underwriters in the ADS offering a 30-day option to purchase up to an additional 1,320,000 ADSs to cover over-allotments. Trina Solar Limited (ADR) (NYSE:TSL) net profit margin is -4.10% and weekly performance is -19.11%. On last trading day company shares ended up $11.60. Analysts mean target price for the company is $19.22. Trina Solar Limited (ADR) (NYSE:TSL) distance from 50-day simple moving average (SMA50) is -5.72%.
Rite Aid Corporation (NYSE:RAD) has lowered its earnings expectations for fiscal 2015 after the drugstore chain experienced higher-than-expected drug costs and reimbursement rate reductions in its recently concluded quarter. Analysts expect, on average, 39 cents per share, according to FactSet. Rite Aid also said it expected adjusted earnings in its fiscal first quarter, which ended May 31, to trail its performance in last year’s quarter. It will report results from the latest quarter on June 19. Rite Aid Corporation (NYSE:RAD) shares fell -7.41% in last trading session and ended the day on $7.87. Gross Margin is 28.70% and its return on assets is 3.10%. Rite Aid Corporation (NYSE:RAD) quarterly performance is 18.52%.
O June 4, LiveDeal Inc. (NASDAQ:LIVE) a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform that enables restaurants to publish “real-time” and “instant offers” to nearby consumers, announces that it was featured in Summer edition of Food & Drink magazine. LiveDeal Inc (NASDAQ:LIVE) shares moved down -7.09% in last trading session and were closed at $3.93, while trading in range of $3.80 – $4.29. LiveDeal Inc (NASDAQ:LIVE) year to date (YTD) performance is 195.49%.
On May 30, Inovio Pharmaceuticals, Inc. (NYSEMKT:INO) announced that its previously announced 1-for-4 reverse stock split shall become effective at 5 P.M., Thursday, June 5, 2014, and trading of the Company’s common stock on a post-reverse split basis shall commence on Friday, June 6, 2014. The common stock will continue to trade under the symbol “INO.” Inovio Pharmaceuticals Inc (NYSEMKT:INO) ended the last trading day at $2.31 . Company weekly volatility is calculated as 8.13% and price to cash ratio as 4.76. Inovio Pharmaceuticals Inc (NYSEMKT:INO) showed a negative weekly performance of -74.45%.
Amazonica Corp (OTCBB:AMZZ) On last trading day company shares ended up $0.0190 .