On Apr 9, 2014 Advanced Micro Devices, Inc. (NYSE:AMD) announced global availability of its new AM1 platform featuring quad-core and dual-core variants of the AMD APU codenamed “Kabini” into the component channel for system builders. The AM1 platform, branded with the AMD Athlon™ and AMD Sempron™ APU brands, will deliver award-winning Graphics Core Next (GCN) architecture and “Jaguar” CPU cores on motherboards from the leading manufacturers. AMD Athlon™ 5150/5350 and AMD Sempron™ 2650/3850 APUs provide consumers a balanced computing experience on a socketed upgradable platform. Advanced Micro Devices, Inc. (NYSE:AMD) shares after opening at $3.82 on last trade day and at the end of the day closed at $3.65. Company price to sales ratio in past twelve months was calculated as 0.52 and price to cash ratio as 2.53. Advanced Micro Devices, Inc. (NYSE:AMD) showed a positive/negative weekly performance of -8.98%.
Sprint Corporation (NYSE:S) Recode claims that the network is announcing a partnership with Spotify that will offer discounts on the streaming service’s Premium tier, including group bargains for Family plan customers. Naturally, Sprint would continue to offer carrier billing; there would also be free Spotify trials to persuade fence-sitters. Neither of the companies are commenting on the rumor, but we’ll reportedly get the full scoop at an event on April 29th. Sprint Corporation (NYSE:S) shares fell -6.25% in last trading session and ended the day on $8.25. S return on equity ratio is recorded as -12.80% and its return on assets is -4.10%. Sprint Corporation (NYSE:S) yearly performance is 32.64%.
On April 1, 2014 Canadian Solar Inc. (NASDAQ:CSIQ) announced that The Manufacturer’s Life Insurance Company (“Manulife”) has agreed to provide approximately C$50.5 million in construction and term financing to Canadian Solar for the Company’s Mighty Solar power project located in Ontario, Canada. The Mighty Solar project will be acquired by Concord Green Energy Inc. (“Concord”) after Commercial Operation. Bowmont Capital and Advisory acted as the Financial Advisor to Concord. Canadian Solar Inc. (NASDAQ:CSIQ) shares moved down -6.33% in last trading session and was closed at $24.99, while trading in range of $24.90 – $27.41. Canadian Solar Inc. (NASDAQ:CSIQ) year to date (YTD) performance is 514.00%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) announces its preliminary estimates of certain financial results for the first quarter of 2014. The Company estimates that its PV module shipments in the first quarter of 2014 decreased by low 30(s)% from the fourth quarter of 2013, which is below its previous guidance of a mid-twenties percent decrease. The decrease was primarily due to a soft demand in China market as the result of a traditional seasonality and a slightly delayed schedule for delivering PV modules for projects in Algeria. This delivery delay was due to a longer than expected process for obtaining local construction permission and the delayed modules are now expected to be delivered in the following quarters. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) weekly performance is -13.00%. On last trading day company shares ended up $3.88. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) distance from 50-day simple moving average (SMA50) is -29.55%. Analysts mean target price for the company is $6.64.
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