First Solar, Inc. (NASDAQ:FSLR) reported profit slump in the latest quarter that was almost 60 percent below what was achieved in the same quarter a year ago. The source of the company’s trouble is the decline in the big solar projects that it used to book in the past. First Solar, Inc. (NASDAQ:FSLR) stock opened at $54.08 in last session, and closed at $57.19, while the day range of FSLR stock is $54.00-$57.30.The stock showed a positive weekly performance of 0.55%.
NVIDIA (NASDAQ:NVDA) was upgraded by equities researchers at Thomson Reuters/Verus from a “hold” rating to a “buy” rating in a research report issued on Monday, Analyst Ratings News reports. NVIDIA Corporation (NASDAQ:NVDA) stock opened at $18.71, in last session and closed at $18.50, by loosed -1.12%.The 52 week range was $12.04-$19.05.Company’s market capitalization is $10.52 billion.
Yingli Green Energy Holding Company Limited (YGE), the largest vertically integrated photovoltaic module manufacturer in the world, known as “Yingli Solar”, recently reported that it will supply 54 MW of solar modules to seven projects in the United Kingdom that are developed by Grid Essence UK Ltd., a wholly-owned subsidiary of Grid Essence Holdings Ltd. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) stock gained 3.60% and finished the last session at $6.33.The EPS of the stock remained -2.52.Company’s market capitalization is $991.18 million.
SolarCity Corp. (NASDAQ: SCTY) reported some preliminary fourth quarter 2013 results after the markets closed on Monday, but the solar PV installer delayed until next week its full earnings results. The company said the delay is the “result of the accounting related to recent acquisitions as well as a change in overhead allocation owing to an increase in the volume of MW deployed.” SolarCity now says it will release earnings on Monday, March 3rd. SolarCity Corp (NASDAQ:SCTY) stock opened the session at $87.00, and closed the session at $86.14.The 52 week range of the SCTY stock remained $15.88-$88.35 and the day range was $83.68-$87.55.