STR Holdings, Inc. (NYSE:STRI) announced that Susan C. Schnabel, Co-Head of DLJ Merchant Banking Partners (DLJMB), has tendered her resignation from the STR Board of Directors, effective March 10, 2014, following the sale of DLJMB’s holdings of STR common stock in the Company’s modified “Dutch auction” tender offer. STR Holdings, Inc. (NYSE:STRI) net profit margin is -62.30% and weekly performance is -7.69%. On last trading day company shares ended up $1.44. Analysts mean target price for the company is $2.00. STR Holdings, Inc. (NYSE:STRI) distance from 50-day simple moving average (SMA50) is -7.06%.
China Sunergy Co., Ltd. (NASDAQ:CSUN) a specialized solar cell and module manufacturer, announced that the Company received a Nasdaq Staff Deficiency Letter dated April 24, 2014 indicating that the Company is not in compliance with the majority board independence composition requirement for continued listing set forth in Nasdaq Listing Rule 5605(b)(1) which requires that each listed company maintain a board of directors comprised of a majority of independent directors. China Sunergy Co Ltd (NASDAQ:CSUN) shares fell -3.37% in last trading session and ended the day on $2.58. Gross Margin is 2.70% and its return on assets is -13.10%. China Sunergy Co Ltd (NASDAQ:CSUN) quarterly performance is -47.24%.
Pomerantz LLP has filed a class action lawsuit against SolarCity Corporation (NASDAQ:SCTY) and certain of its officers. The class action, filed in United States District Court, Northern District of California, and docketed under 3:14-cv-01435, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired SolarCity securities between March 6, 2013 and March 18, 2014, both dates inclusive (the “Class Period”). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws pursuant to Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. SolarCity Corp (NASDAQ:SCTY) shares moved down -2.9% in last trading session and was closed at $52.04, while trading in range of $51.53 – $54.72. SolarCity Corp (NASDAQ:SCTY) year to date (YTD) performance is -8.41%.
Real Goods Solar, Inc. (NASDAQ:RGSE) a nationwide leader of turnkey solar energy solutions for residential, commercial, and utility customers, will hold a conference call on Wednesday, May 14, 2014 at 4:30 p.m. Eastern time to discuss results for the first quarter ended March 31, 2014. Financial results will be issued in a press release prior to the call. Real Goods Solar, Inc. (NASDAQ:RGSE) ended the last trading day at $2.80. Company weekly volatility is calculated as 10.86% and price to cash ratio as 10.15. Real Goods Solar, Inc. (NASDAQ:RGSE) showed a negative weekly performance of -2.78%.