Citigroup Inc (NYSE:C) paid a record HK$5.4 billion ($697 million) to a unit of Wheelock & Co. for a Hong Kong office tower that will bring most of its 5,000 employees in the city under one roof. Citigroup Inc (NYSE:C) net profit margin is 26.80% and weekly performance is -3.12%. On last trading day company shares ended up $47.79. Analysts mean target price for the company is $58.14. Citigroup Inc (NYSE:C) distance from 50-day simple moving average (SMA50) is 0.53%.
The U.S. solar panel manufacturer First Solar Inc (NASDAQ:FSLR) was selected by Tenaska Solar Ventures – an independent energy company – to build the 150 megawatt (MW) AC Tenaska Imperial Solar Energy Center West project near El Centro, CA. Per the agreement, First Solar will provide full engineering, procurement and construction (:EPC) services utilizing its advanced thin film photovoltaic (PV.V) modules and single-axis tilt technology for the project. First Solar, Inc. (NASDAQ:FSLR) shares advanced 3.41% in last trading session and ended the day on $69.13. Gross Margin is 26.50% and its return on assets is 6.00%. First Solar, Inc. (NASDAQ:FSLR) quarterly performance is 20.10%.
Sprint Corporation (NYSE:S) made two important announcements marking its accelerated expansion. The company has signed 4G LTE agreements with local carriers to provide high speed mobile broadband provisions. It has also announced launching an online ConnectED app and information space in line with the Government’s initiative to further digital learning scope in educational institutions. Sprint Corporation (NYSE:S) shares moved up 0.35% in last trading session and was closed at $8.64, while trading in range of $ 8.56 – $8.73. Sprint Corporation (NYSE:S) year to date (YTD) performance is -19.63%.
Pandora Media Inc (NYSE:P) CRO John Trimble unloaded 20,000 shares of the stock on the open market in a transaction dated Monday, June 16th. The stock was sold at an average price of $26.94, for a total value of $538,800.00. Following the sale, the executive now directly owns 85,374 shares of the company’s stock, valued at approximately $2,299,976. Pandora Media Inc (NYSE:P) ended the last trading day at $27.23. Company weekly volatility is calculated as 4.50% and price to cash ratio as 16.38. Pandora Media Inc (NYSE:P) showed a positive weekly performance of 7.46 %.
Orexigen Therapeutics, Inc. (NASDAQ:OREX) was a big mover last session with its shares rising nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend of the company as the stock has lost nearly 8% in the last five trading sessions, according to Zack. Orexigen Therapeutics, Inc. (NASDAQ:OREX) weekly performance is -7.93%. On last trading day company shares ended up $6.27. Analysts mean target price for the company is $11.63. Orexigen Therapeutics, Inc. (NASDAQ:OREX) distance from 50-day simple moving average (SMA50) is 9.54%.