The Manufacturer’s Life Insurance Company (Manulife) agreed to give ~ C$50.5 million financial support to Canadian Solar Inc. (NASDAQ:CSIQ) for its Mighty Solar power project. This project expects to be operation by 2Q2014 and will be a part of Concord Green Energy Inc. (Concord). As per Ontario’s Feed-In-Tariff Program, Canadian Solar Inc. (NASDAQ:CSIQ)’s 10 MW power project will supply energy to Ontario Power Authority for 20 years. Canadian Solar Inc. (NASDAQ:CSIQ) stock opened today at $29.93 and is currently trading at $29.04. The stock showed a negative weekly performance of -10.60%.
Ubiquiti Networks (NASDAQ:UBNT) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a note issued to investors on Wednesday, StockRatingsNetwork reports. They currently have a $46.60 price objective on the stock. Zacks‘s target price would indicate a potential upside of 16.04% from the company’s current price. Ubiquiti Networks Inc (NASDAQ:UBNT) stock opened at $41.97, in current trading session and currently is at $41.15, by loosing -2.00%.The 52 week range of $13.58-$56.85. Company’s market capitalization is $3.62 billion.
InvenSense Inc (NYSE:INVN). in Sunnyvale, California, a fabless supplier of MEMS microphones, has struck a deal with Sonion A/S in Roskilde, Denmark, a leading developer and supplier of hearing aids. InvenSense Inc (NYSE:INVN) stock is currently trading at $21.93.The EPS of the stock is 0.28. Company’s market capitalization is $1.93 billion.
The Chicago-based Groupon Inc (NASDAQ:GRPN) is no longer interested in being known for its often invasive daily deals that began their run into hundreds of cities; instead, the company is interested in being known as an “e-commerce marketplace” that is evolving and changing each day. Its newest foray, proving spring might actually be here no matter the contrary nature of the weather in parts of the nation, is into the wedding industry. Men and women alike splash out billions of dollars each year on their nuptials and Groupon Inc (NASDAQ:GRPN) wants their cut while “saving” you money.Groupon Inc (NASDAQ:GRPN) stock opened the session at $7.43, and now is at $7.42. The 52 week range of the GRPN stock remained $5.37-$12.76 and the day range was $7.38-$7.54.
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