Turkcell Iletisim (NYSE:TKC) was downgraded by The Street from a “buy” rating to a “hold” rating in a research note issued on Wednesday, Analyst Ratings News reports. The analysts wrote, “Turkcell Iletisim Hizmetleri AS (TKC) has been downgraded by the Street Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels.
Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE:TKC) stock opened at $12.61 in last session, and closed at $12.39, while the day range of Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE:TKC) stock is $12.35 – $12.63. The stock showed a positive weekly performance of -5.64%.
Mandalay Digital Group, Inc. (NASDAQ:MNDL) announced its intention, subject to market and other conditions, to commence a public offering of its common stock. Mandalay Digital intends to use the net proceeds from the offering for general corporate purposes, including working capital, operations and potential acquisitions. Mandalay Digital Group Inc. (NASDAQ:MNDL) stock opened at $4.80 in last session, and closed at $4.60 by losing -5.35%. The 52 week range of $2.28 – $6.00. Company’s market capitalization is $144.11 million.
Yandex NV (NASDAQ:YNDX) shares plunged after Russia invaded Crimea, which is part of the Ukraine. Now Russia occupies a number of strategic locations in the area, and the U.S. and other nations in the West denounced the occupation, threatening sanctions if Russia doesn’t back off. Yandex NV (NASDAQ:YNDX) stock decreased -14.05% and finished the last session at $32.23. The EPS of the stock remained 1.06. Company’s market capitalization is $10.52 billion.
Trina Solar (NYSE:TSL) released its earnings data on Tuesday. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.02) by $0.15, AnalystRatings.NET reports. The company had revenue of $525.60 million for the quarter, compared to the consensus estimate of $543.47 million. Trina Solar Limited (ADR) (NYSE:TSL) stock opened the session at $15.49, and closed the session at $14.75. The 52 week range of the Trina Solar Limited (ADR) (NYSE:TSL) stock remained $3.31 – $17.84 and the day range was $14.66 – $15.57.
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