On April 16, 2014, Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), the largest vertically integrated photovoltaic (“PV”) module manufacturer in the world, also known as “Yingli Solar”, announced that its wholly-owned subsidiary, Yingli Energy (China) Company Limited (“Yingli China”) has signed a cooperation agreement (the “Agreement”) with Shanghai Sailing Capital Management Co., Ltd., the manager of Shanghai Sailing Capital Investment Fund, to jointly form a renewable energy fund (the “Fund”) in Shanghai with an aim to invest in downstream solar energy projects in China. Shanghai Sailing Capital Investment Fund is an affiliated entity of Sailing Capital International Fund (“Sailing Capital”). Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), shares after opening at $4.16 moved to $4.29 on last trade day and at the end of the day closed at $4.22. Company price to sales ratio in past twelve months was calculated as 0.33 and price to cash ratio as 1.51. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), showed a negative weekly performance of 2.54%.
Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ), struck a licensing agreement with its Wuxi Suntech Power Co. unit, which is in the process of being acquired after being pulled into bankruptcy last year. Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ), shares fell 5.18% in last trading session and ended the day on $0.311.
F5 Networks, Inc. (NASDAQ:FFIV), was upgraded by equities researchers at Stifel Nicolaus from a “hold” rating to a “buy” rating in a research report issued on Monday, TheFlyOnTheWall.comreports. The firm currently has a $120.00 price objective on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 11.39% from the company’s current price. F5 Networks, Inc. (NASDAQ:FFIV), shares moved up 0.54% in last trading session and was closed at $108.31, while trading in range of $ 106.35 – 109.43. F5 Networks, Inc. (NASDAQ:FFIV), year to date (YTD) performance is 19.21%.
Baird lifted its rating on Visa Inc (NYSE:V), to “outperform” from “neutral” this morning. After settling Friday at a year-to-date low of $196.63, the shares are poised to open with a 1.7% gain. The stock is no stranger to optimism, though, as 18 out of 25 ranking analysts consider V worthy of a “buy” or better endorsement, with not a single “sell” in sight. Likewise, the security’s SOIR of 0.66 sits higher than just 1% of comparable readings from the past year, suggesting short-term options players have rarely been more call-heavy. Plus, those speculators are paying up to bet on Visa Inc ahead of its turn in the earnings confessional after the close on Thursday, April 24. The stock’s Schaeffer’s Volatility Index (SVI) of 29% stands in the 70th percentile of its annual range, implying that short-term options are rather pricey right now, from a volatility standpoint. Visa Inc (NYSE:V), weekly performance is 0.88%. On last trading day company shares ended up $209.36. Visa Inc (NYSE:V), distance from 50-day simple moving average (SMA50) is -4.32%. Analysts mean target Price for the company is $258.22.