Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of Fusion-io, Inc. (FIO) (“Fusion” or the “Company”) on behalf of its shareholders. SanDisk Corporation announced a definitive agreement to acquire Fusion. Under the terms of the agreement, SanDisk will commence a tender offer for all outstanding shares of Fusion for $11.25 per share in cash. Fusion-IO, Inc. (NYSE:FIO) net profit margin is -26.80% and weekly performance is 33.33%. On last trading day company shares ended up $11.36. Analysts mean target price for the company is $11.88. Fusion-IO, Inc. (NYSE:FIO) distance from 50-day simple moving average (SMA50) is 29.88%.
Sunedison Inc (NYSE:SUNE) stock is gaining after receiving an upgrade to “buy” from “hold” from Deutsche Bank Monday. Analysts upped the price target to $35 from $13, arguing the company’s YieldCo plans have yet to be priced in. Sunedison Inc (NYSE:SUNE) shares advanced 10.93% in last trading session and ended the day on $21.51. Gross Margin is 6.80% and its return on assets is -18.60%. Sunedison Inc (NYSE:SUNE) quarterly performance is 4.98%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) announced that its solar modules were used to build the largest solar power plant in Malaysia. The deal was done through its business wing, Yingli Green Energy Singapore Company Pte. Ltd. The project undertaken by Amcorp Power Sdn. Bhd is situated in the Gemas, Negri Sembilan region of Malaysia. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares moved up 6.67% in last trading session and was closed at $3.52, while trading in range of $3.33 – $3.52. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) year to date (YTD) performance is -30.30%.
SunPower Corporation (NASDAQ:SPWR) the second largest U.S. solar-panel maker, saw its shares rally Monday after the company said it closed on a $200 million loan program to fund residential solar projects over the next two years. The company’s shares were up 5.5% in recent trading. SunPower Corporation (NASDAQ:SPWR) ended the last trading day at $38.56. Company weekly volatility is calculated as 5.04% and price to cash ratio as 6.68. SunPower Corporation (NASDAQ:SPWR) showed a positive weekly performance of 15.35%.
Topeka Capital Markets lifted their target price on shares of Rambus Inc (NASDAQ:RMBS) from $15.00 to $17.00 in a research note issued on Thursday. The firm currently has a “buy” rating on the stock. Topeka Capital Markets’ target price indicates a potential upside of 24.63% from the company’s current price. Rambus Inc. (NASDAQ:RMBS) net profit margin is -5.50% and weekly performance is 17.29%. On last trading day company shares ended up $ 14.38. Analysts mean target price for the company is $13.79. Rambus Inc. (NASDAQ:RMBS) distance from 50-day simple moving average (SMA50) is 20.44%.