Shares of Alcatel Lucent SA (ADR) (NYSE:ALU) are higher following a ratings upgrade to “overweight” from “neutral” at JPMorgan. The firm said it raised its rating on the service provider solutions company based on a valuation call due to a recent pull back in shares. Alcatel Lucent SA (ADR) (NYSE:ALU) net profit margin is -9.50% and weekly performance is 2.51%. On last trading day company shares ended up $3.67. Analysts mean target price for the company is $4.90. Alcatel Lucent SA (ADR) (NYSE:ALU) distance from 50-day simple moving average (SMA50) is -4.61%.
Oi SA (ADR) (NYSE:OIBR) shares moved up 2.11% in last trading session and was closed at $0.800, while trading in range of $ 0.77 – $0.81. Oi SA (ADR) (NYSE:OIBR) year to date (YTD) performance is -49.69%.
On June 27, Groupon Inc (NASDAQ:GRPN) launched a sweepstakes for a trip for two to travel to New York City, share a drink with Neil Patrick Harris and see the Tony-winning musical “Hedwig and the Angry Inch” on Broadway. Starting today and running through July 3. All donations will go directly to Broadway Cares/Equity Fights AIDS, which supports people across the country living with HIV/AIDS. Groupon Inc (NASDAQ:GRPN) shares fell -0.46% in last trading session and ended the day on $6.50. OIBR Gross Margin is 55.30% and its return on assets is -6.30%. Groupon Inc (NASDAQ:GRPN) quarterly performance is -20.15%.
As Tropical Storm Arthur threatens to bring damaging winds and rain to the South Carolina coast, Verizon Communications Inc. (NYSE:VZ) has alerted its emergency response team and is in the process of preparing to keep coastal residents connected if disaster hits. Verizon Communications Inc. (NYSE:VZ) ended the last trading day at $49.66. Company weekly volatility is calculated as 1.14% and price to cash ratio as 58.03. Verizon Communications Inc. (NYSE:VZ) showed a positive weekly performance of 0.51%.
On June 30, 2014, Sunedison Inc (NYSE:SUNE) announced the closing of a US$ 155 million non-recourse debt financing arrangement with the Overseas Private Investment Corporation (OPIC), the Inter-American Development Bank (IDB), and CorpBanca, a prominent Chilean commercial bank, who also provided a local Chilean Peso VAT facility equivalent to US $35 million. The debt proceeds will be used in Chile for the construction of a 72.8 MWp (megawatt) merchant solar power plant. Sunedison Inc (NYSE:SUNE) shares moved down -0.99% in last trading session and was closed at $22.89, while trading in range of $22.80 – $23.64. Sunedison Inc (NYSE:SUNE) year to date (YTD) performance is 75.40%.