Glancy Binkow & Goldberg LLP is investigating potential claims against the Board of Directors of Kandi Technologies Group Inc (NASDAQ:KNDI), related to fraud charges brought against George Tazbaz (“Tazbaz”), Shawn A. Becker (“Becker”), and Roger Lockhart (“Lockhart”) by the Securities and Exchange Commission (“SEC”). Kandi Technologies Group Inc (NASDAQ:KNDI), net profit margin is -20.10% and weekly performance is 1.15%. On last trading day company shares ended up $11.44. Analysts mean target price for the company is $4.59. Kandi Technologies Group Inc (NASDAQ:KNDI), distance from 50-day simple moving average (SMA50) is -24.96%.
On May 09, 2014, A U.S. judge said Wal-Mart Stores, Inc. (NYSE:WMT) does not deserve dismissal of a lawsuit claiming it defrauded shareholders by concealing suspected corruption at its Mexico operations, even after learning that a damaging media report detailing alleged bribery was being prepared. Wal-Mart Stores, Inc. (NYSE:WMT), advanced 0.65% in last trading session and ended the day on $79.20. WMT, Gross Margin is 24.80% and its return on assets is 9.70%. Wal-Mart Stores, Inc. (NYSE:WMT), quarterly performance is 8.75%.
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), a Cambridge biotechnology firm, said Wednesday that first-quarter net product revenues from sales of Iclusig, the company’s leukemia treatment that was briefly taken off the US market last year, were $8 million, up 25 percent from $6.4 million in the same quarter a year ago. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), shares was closed at $6.67, while trading in range of $ 6.38 – 6.68. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), year to date (YTD) performance is -2.20%.
On May 07, 2014, First Solar, Inc. (NASDAQ:FSLR), reported its financial results for the first quarter of its fiscal 2014 (1QFY14; ended March 31, 2014) after the closing bell. The stock price was up more than 4% during after-hours trading after the company raised its guidance for the year, and beat 1QFY14 revenue and earnings estimates. First Solar, Inc. (NASDAQ:FSLR), ended the last trading day at $63.21. Company weekly volatility is calculated as 6.02% and price to cash ratio as 3.59. First Solar, Inc. (NASDAQ:FSLR), showed a negative weekly performance of 7.09%.
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