Shares of Trina Solar Limited (ADR) (NYSE:TSL), dropped about 6% on Monday, April 14, as the company lowered its projection for solar module shipments for the first quarter of 2014. The lower expectation stemmed from hitches in shipments to the European Union. Trina Solar Limited (ADR) (NYSE:TSL), shares after opening at $11.69 moved to $12.07 on last trade day and at the end of the day closed at $12.00. Company price to sales ratio in past twelve months was calculated as 0.55 and price to cash ratio as 1.91. Trina Solar Limited (ADR) (NYSE:TSL), showed a negative weekly performance of 11.24%.
On April 16, 2014, JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) rallied 7.83% after releasing preliminary results for its first quarter ended March 31, 2014. The Chinese solar manufacturer expects shipments for the quarter will exceed 620 megawatts, higher as compared to a March forecast of 580 megawatts to 610 megawatts, and reiterated its full-year forecast of 2.7 gigawatts to 2.9 gigawatts. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), shares advanced 4.63% in last trading session and ended the day on $10.40. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), return on equity ratio is recorded as -26.00% and its return on assets is -9.60%. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), yearly performance is 154.28%.
St. Jude Medical, Inc. (NYSE:STJ), said its first-quarter earnings rose 12% as the medical device maker reported modest sales growth at its core heart-rhythm device business. St. Jude Medical, Inc. (NYSE:STJ), shares moved down 1.87% in last trading session and was closed at $62.04, while trading in range of $ 59.85 – 63.45. St. Jude Medical, Inc. (NYSE:STJ), year to date (YTD) performance is 0.57%.
Before Wednesday’s opening bell, W.W. Grainger, Inc. (NYSE:GWW), reported higher first quarter earnings, which came in above analysts’ estimates. The company also reiterated its outlook for 2014 that is in-line with estimates. W.W. Grainger, Inc. (NYSE:GWW), weekly performance is -3.24%. On last trading day company shares ended up $250.20. W.W. Grainger, Inc. (NYSE:GWW), distance from 50-day simple moving average (SMA50) is 0.41%. Analysts mean target Price for the company is $280.38.