FreeSeas Inc. (NASDAQ:FREE) a transporter of dry-bulk cargoes through the ownership and operation of a fleet of five Handysize and one Handymax vessels, announced that on May 30, 2014, it paid $22.6 million in full settlement of $37.6 million of debt owed to Credit Suisse using funds from the $25 million proceeds of the Company’s sale of the Series D Convertible Preferred Stock and Series C Warrants concluded on May 28, 2014. FreeSeas Inc (NASDAQ:FREE) weekly performance is -21.60%. On last trading day company shares ended up $0.980. FreeSeas Inc (NASDAQ:FREE) distance from 50-day simple moving average (SMA50) is -28.21%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) on May 21 announced that it has begun trial production of monocrystalline silicon modules with N-type Metal-Wrap-Through (“N-MWT”) technology, by adopting equipment provided by Formula E s.r.l. (Formula E), a leading supplier of photovoltaic technology and automated manufacturing lines. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares fell -7.10% in last trading session and ended the day on $3.14. Gross Margin is 10.90 % and its return on assets is -6.90%. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) quarterly performance is -46.87%.
Stock analysts at Maxim Group reduced their price objective on shares of MasTec Inc (NYSE:MTZ) from $48.00 to $40.00 in a report issued on Monday. The firm currently has a “buy” rating on the stock. Maxim Group’s price objective points to a potential upside of 11.11% from the company’s current price. MasTec, Inc. (NYSE:MTZ) shares moved down -10.94% in last trading session and was closed at $32.06, while trading in range of $31.30 – $32.97. MasTec, Inc. (NYSE:MTZ) year to date (YTD) performance is -2.02%.
Penn Virginia Corporation (NYSE:PVA) announced that it has entered into a definitive agreement to sell its Mississippi assets to an undisclosed buyer for gross cash proceeds of $72.7 million. The sale is expected to close in July 2014 and is subject to customary purchase price adjustments and other customary closing conditions. The effective date of the sale is April 1, 2014. Penn Virginia Corporation (NYSE:PVA) ended the last trading day at $14.14. Company weekly volatility is calculated as 9.29% and price to cash ratio as 39.47. Penn Virginia Corporation (NYSE:PVA) showed a negative weekly performance of -9.01%.
Berkshire Hathaway HomeServices Inc. (NYSE:BRK.A), part of the HSF Affiliates LLC real estate brokerage network family, announced that Prudential California Realty has joined the network and is operating as Berkshire Hathaway HomeServices California Properties. Berkshire Hathaway Inc. (NYSE:BRK.A) on last trading day company shares ended up $191,748.00.