On June 6, SolarCity Corp. (NASDAQ:SCTY) has reached an OEM supply agreement with a leading global provider of energy solutions, REC Group. The news elicited a positive market reaction with the stock price gaining 4.4% yesterday, according to Zack. SolarCity Corp (NASDAQ:SCTY) net profit margin is -19.70% and weekly performance is -4.30%. On last trading day company shares ended up $50.24. Analysts mean target price for the company is $80.50. SolarCity Corp (NASDAQ:SCTY) distance from 50-day simple moving average (SMA50) is -8.22%.
On June 4, Canadian Solar Inc. (NASDAQ:CSIQ) appears to be pulling all stops to enhance its production capacity. The company manufactures solar products and it anticipates big demand for the products in the near future given the widespread adoption of solar power solutions around the world. Canadian Solar Inc. (NASDAQ:CSIQ) shares advanced 2.51% in last trading session and ended the day on $24.05. Gross Margin is 17.20% and its return on assets is 1.60%. Canadian Solar Inc. (NASDAQ:CSIQ) quarterly performance is -36.46%.
On June 2, 2014 ABB Ltd (ADR) (NYSE:ABB), the leading power and automation technology group, has agreed to be a partner in the UN Global Partnership Programme to promote international standards and accelerate the transition to energy efficient equipment such as motors, drives and distribution transformers. ABB Ltd (ADR) (NYSE:ABB) shares moved up 0.68% in last trading session and was closed at $23.77, while trading in range of $23.56 – $23.78. ABB Ltd (ADR) (NYSE:ABB) year to date (YTD) performance is -7.51%.
On June 4, 2014 Flowserve Corp. (NYSE:FLS)a leading provider of flow control products and services for the global infrastructure markets, announced plans to present at the William Blair 34th Annual Growth Stock Conference in Chicago, Illinois, on June 10, 2014, beginning at 11:30 a.m. Central Standard Time. Presenting at the conference for Flowserve is Michael Taff, Senior Vice President and Chief Financial Officer. Flowserve Corp (NYSE:FLS) ended the last trading day at $76.51. Company weekly volatility is calculated as 1.78 % and price to cash ratio as 63.91. Flowserve Corp (NYSE:FLS) showed a positive weekly performance of 3.76%.
On June 6, Lennox International Inc (NYSE:LII) was upgraded by stock analysts at KeyCorp from a “hold” rating to a “buy” rating in a report issued on Friday, TheFlyOnTheWall.com reports. Lennox International Inc. (NYSE:LII) net profit margin is 5.90% and weekly performance is 6.63%. On last trading day company shares ended up $90.55. Analysts mean target price for the company is $97.09. Lennox International Inc. (NYSE:LII) distance from 50-day simple moving average (SMA50) is 4.95%.
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