On June 17, 2014, SolarCity Corporation (SolarCity) announced that it has signed a definitive agreement to acquire Silevo, a solar technology and manufacturing company. The Company stated that its Chairman Elon Musk, Co-founder and Chief Technology Officer Peter Rive and Co-founder and CEO Lyndon Rive announced the transaction on the Company blog. SolarCity Corp (NASDAQ:SCTY) net profit margin is -19.70% and weekly performance is 4.19%. On last trading day company shares ended up $70.80. Analysts mean target price for the company is $82.38. SolarCity Corp (NASDAQ:SCTY) distance from 50-day simple moving average is 28.87%.
AU Optronics Corp. (ADR) (NYSE:AUO) announced that it will participate in Display Week 2014 in San Diego from June 3 to 5. Organized by SID (The Society for Information Display), Display Week is the largest professional display exhibition in the United States. With the focus of ultra high resolution technologies for mobile solutions and innovative display applications, AUO will debut a whole series of car displays from 7 to 12.3 inches for all kinds of in-vehicle infotainment systems, and high value-added applications including 21.3-inch AHVA (Advanced Hyper-Viewing Angle) display for high-end medical diagnostic use and fingerprint sensing technology with a panel that is large and thin. AU Optronics Corp. (ADR) (NYSE:AUO) shares advanced 6.30% in last trading session and ended the day on $4.05. AUO Gross Margin is 8.70% and its return on assets is 1.50%. AU Optronics Corp. (ADR) (NYSE:AUO) quarterly performance is 17.39%.
Synacor Inc. (Nasdaq: SYNC) announces an extension of its partnership with DISH (Nasdaq: DISH) to deploy Cloud ID Social Login for in-home and mobile TV Everywhere access via DISH Anywhere, which allows subscribers to access pay-TV content with their favorite social accounts like Facebook, Twitter or Google+. Synacor Inc (NASDAQ:SYNC) shares moved up 6.32% in last trading session and was closed at $2.69, while trading in range of $2.53-$2.69. Synacor Inc (NASDAQ:SYNC) year to date performance is 9.80%.
China Sunergy Co. Ltd. (Nanjing, China) has signed a framework agreement for the supply of 50 MW of solar photovoltaic (PV) modules to the Turkish subsidiary of Frankensolar (Nuremburg, Germany). China Sunergy Co Ltd (NASDAQ:CSUN) ended the last trading day at $3.35. Company weekly volatility is calculated as 5.81% and price to cash ratio as 1.65. China Sunergy Co Ltd (NASDAQ:CSUN) showed a positive weekly performance of 6.69%.
——LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) On last trading day company shares ended up $0.630.