Hanwha SolarOne Co. (NASDAQ:HSOL), the China-based photovoltaic manufacturing unit of South Korea’s Hanwha Group, agreed to develop 100 megawatts of rooftop power systems in eastern China. Hanwha Solarone Co Ltd (NASDAQ:HSOL) shares after opening at $2.94 moved to $3.11 on last trade day and at the end of the day closed at $2.86. Company price to sales ratio in past twelve months was calculated as 0.35 and price to cash ratio as 1.44. Hanwha Solarone Co Ltd (NASDAQ:HSOL) showed a negative weekly performance of -18.75%.
SAC reported a 2.2 percent stake in Zynga, (NASDAQ:ZNGA) the San Francisco-based maker of games including FarmVille. Zynga Inc. (NASDAQ:ZNGA) shares fell -1.12% in last trading session and ended the day on $4.42. ZNGA return on equity ratio is recorded as -2.00% and its return on assets is -1.60%. Zynga Inc. (NASDAQ:ZNGA) yearly performance is 31.55%.
58.com Inc. (NYSE:WUBA) on 28 march announced that the previously announced registered follow-on public offering of American depositary shares (“ADSs”) by the Company and certain selling shareholders was priced at US$38.00 per ADS. 58.com Inc. (ADR) (NYSE:WUBA) shares moved up 3.01% in last trading session and was closed at $40.33, while trading in range of $37.43 – $44.19. 58.com Inc. (ADR) (NYSE:WUBA) year to date (YTD) performance is 5.19%.
Shareholders are offloading Latin American telecom operator, NII Holdings Inc. (NASDAQ:NIHD), from their portfolio after the company sounded a warning on liquidity last month. Recently, NII Holdings suffered another setback when investors filed a class action suit against the company and its board of directors. NII Holdings Inc. (NASDAQ:NIHD) weekly performance is -10.77%. On last trading day company shares ended up $1.16. NII Holdings Inc. (NASDAQ:NIHD) distance from 50-day simple moving average (SMA50) is -47.31%. Analysts mean target price for the company is $2.42.