Kandi Technologies Group (NASDAQ: KNDI) announced that the manufacturing subsidiary of Kandi Brand electric vehicles, Kandi Electric Vehicles Group Co., Ltd. (the “JV Company”) has received a national subsidy of RMB197 million (approximately US$31.8 million) for sales of over 3,000 Electric Vehicles (“EVs”) between June and December in 2013 and sales of over 1,000 EVs during the first quarter of 2014. The subsidy payment includes the 2013 year-end subsidy and advance subsidy payment for the first quarter of 2014. The JV Company is a 50/50 joint venture between Kandi and Shanghai Maple Guorun Automobile Co., Ltd., a 99% owned subsidiary of Geely Automobile Holdings Ltd., one of China’s largest automakers.Kandi Technologies Group Inc (NASDAQ:KNDI) net profit margin is -29.40% and weekly performance is 8.79%. On last trading day company shares ended up $14.85. Analysts mean target price for the company is $4.59. Kandi Technologies Group Inc (NASDAQ:KNDI) distance from 50-day simple moving average is 19.21%.
Canadian Solar Inc. (NASDAQ:CSIQ) shas announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., has entered into an Engineering, Procurement and Construction (EPC) contract with Kinston Solar LP for the construction of 140 MW solar PV farm located in Ontario, Canada. This considered to be the largest EPC agreement ever signed by Canadian Solar.Canadian Solar Inc. (NASDAQ:CSIQ) shares fell -3.19% in last trading session and ended the day on $29.73. CSIQ Gross Margin is 17.20% and its return on assets is 1.60%. Canadian Solar Inc. (NASDAQ:CSIQ) quarterly performance is -4.03%.
BlackBerry Ltd (NASDAQ:BBRY) is entering healthcare services in India, according to a report in Economic Times. The struggling smartphone maker, after losing much of its share in the devices market, is ramping up in other areas to open revenue streams. In India, it plans to start a service that will integrate hundreds and thousands of medical devices. BlackBerry Ltd (NASDAQ:BBRY) shares moved up 5.66% in last trading session and was closed at $11.21, while trading in range of $10.57-$11.34. BlackBerry Ltd (NASDAQ:BBRY) year to date performance is 50.67%.
Groupon Inc (NASDAQ:GRPN) is a daily deals company that has many wars to fight, and it has to win all to survive. From market saturation to intense competition, the company is clearly fighting for its life.Groupon Inc (NASDAQ:GRPN) ended the last trading day at $6.45. Company weekly volatility is calculated as 3.41% and price to cash ratio as 4.24. Groupon Inc (NASDAQ:GRPN) showed a negative weekly performance of -3.44%.