Trina Solar Limited (ADR) (NYSE:TSL) a global leader in photovoltaic (“PV”) modules, solutions, and services, today announced it will host a conference call on Wednesday, May 21, 2014 at 8:00 a.m. U.S. Eastern Standard Time (8:00 p.m. Beijing / Hong Kong, March 21, 2014), to discuss results for the first quarter 2014. Trina Solar Limited (ADR) (NYSE:TSL) net profit margin is -4.10% and weekly performance is 2.71%. On last trading day company shares ended up $10.60. Analysts mean target price for the company is $20.02. Trina Solar Limited (ADR) (NYSE:TSL) distance from 50-day simple moving average (SMA50) is -20.69%.
Darden Restaurants Inc. (NYSE:DRI) has agreed to sell Red Lobster businessand certain other related assets and assumed liabilities to Golden Gate Capital for $2.1 billion cash. Darden expects nearly $1.6 billion net cash proceeds, after tax and transaction costs, of which around $1.0 billion would be used to retire outstanding debt. The final net proceeds of about $500 million – $600 million would be deployed for a new share buyback program of up to $700 million in fiscal 2015. Darden Restaurants, Inc. (NYSE:DRI) shares advanced 0.44% in last trading session and ended the day on $50.69. Gross Margin is 20.80% and its return on assets is 4.70%. Darden Restaurants, Inc. (NYSE:DRI) quarterly performance is 6.38%.
Nokia Corporation (ADR) (NYSE:NOK) and O2 (Telefónica UK) have won a prestigious award at the Global Telecoms Business (GTB) Innovation Awards in London. Nokia Corporation (ADR) (NYSE:NOK) shares moved down -0.27% in last trading session and was closed at $7.26, while trading in range of $7.17- $7.29. Nokia Corporation (ADR) (NYSE:NOK) year to date (YTD) performance is -10.48%.
Mary Erdoes, Chief Executive Officer of Asset Management at JPMorgan Chase & Co. (NYSE:JPM), will present at the UBS Global Financial Services Conference at The New York Palace on Wednesday, May 21, 2014, at 11:00 a.m. (Eastern). JPMorgan Chase & Co. (NYSE:JPM) ended the last trading day at $53.51. Company weekly volatility is calculated as 1.07%. JPMorgan Chase & Co. (NYSE:JPM) showed a negative weekly performance of -1.56%.
Applied Materials Inc. (NASDAQ:AMAT) rose 2.9% in premarket trading after a strong earnings report that showed adjusted earnings came in near the high end of expectations. Applied Materials, Inc. (NASDAQ:AMAT) net profit margin is 6.30% and weekly performance is -3.26%. On last trading day company shares ended up $18.69. Analysts mean target price for the company is $20.51. Applied Materials, Inc. (NASDAQ:AMAT) distance from 50-day simple moving average (SMA50) is -3.89%.