According to Facebook Inc (NYSE:FB), its missions is extend far beyond building and delivering the best experience on high-end smartphones and LTE networks. The social network giant wants to do the same for every person regardless of region, network condition or mobile device. Facebook Inc (NASDAQ:FB) net profit margin is 21.40%. On last trading day company shares ended up $64.50. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average is 5.61%.
The Canadian Solar Inc. (NASDAQ:CSIQ) on May 27 announced that it has entered into an agreement (the “JV Agreement) with GCL-Poly Solar System Integration (China) Co., Ltd., a subsidiary of GCL-Poly Energy Holdings Limited (“GCL”, stock code: 3800.HK) to establish a joint venture (the “Joint Venture”) to build a manufacturing site to produce crystalline silicon solar cells in Funing, Jiangsu Province, China. Under the terms of the agreement, Canadian Solar will own 80% and GCL will own 20% of the equity in the Joint Venture. In the initial phase, this new solar cell plant will have 300MW annual production capacity. Canadian Solar Inc. (NASDAQ:CSIQ) shares advanced 6.16% in last trading session and ended the day on $29.10. CSIQ Gross Margin is 17.20% and its return on assets is 1.60%. Canadian Solar Inc. (NASDAQ:CSIQ) quarterly performance is -17.13%.
Equities researchers at KeyCorp increased their price target on shares of KapStone Paper and Packaging Corp. (NYSE:KS) from $30.00 to $35.00 in a research report issued on Wednesday. KapStone Paper and Packaging Corp. (NYSE:KS) shares moved up 7.23% in last trading session and was closed at $33.21, while trading in range of $30.90-$33.37. KapStone Paper and Packaging Corp. (NYSE:KS) year to date performance is 18.90%.
Equities research analysts at Credit Suisse initiated coverage on shares of JinkoSolar Holding Co. (NYSE:JKS) in a research note issued to investors on Friday. The firm set an “outperform” rating and a $45.00 price target on the stock. JinkoSolar Holding Co., Ltd. (NYSE:JKS) ended the last trading day at $29.61. Company weekly volatility is calculated as 5.53% and price to cash ratio as 3.47. JinkoSolar Holding Co., Ltd. (NYSE:JKS) showed a positive weekly performance of 12.20%.
On June 10,2014 Alkermes plc (Nasdaq:ALKS) announced the initiation of FORWARD-3 and FORWARD-4, two of the three planned phase 3 core efficacy studies in the pivotal clinical program for ALKS 5461, a once-daily, oral investigational medicine with a novel mechanism of action for the adjunctive treatment of major depressive disorder (MDD). Alkermes Plc (NASDAQ:ALKS) net profit margin is -1.20% and weekly performance is 9.70%. On last trading day company shares ended up $50.88. Analysts mean target price for the company is $50.92. Alkermes Plc (NASDAQ:ALKS) distance from 50-day simple moving average is 11.04%.