Yingli Green Energy Holding Co. Ltd. (ADR) (NYSE:YGE), the largest solar-panel maker, will sell 25 million shares at a 17 percent discount as it raises money to build power plants. The American depositary receipts, which represent one ordinary share, will be sold for $3.50 apiece, the Baoding, China-based company said in a statement today. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) stock performance was -12.80% in last session and finished the day at $3.68. Traded volume was 17.70million shares in the last session and the average volume of the stock remained 5.66million shares. The beta of the stock remained 2.35. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) insider ownership is 1.75%.
SunPower Corporation (NASDAQ:SPWR) shares rallied Friday following an earnings report that gave investors plenty to celebrate — it beat Wall Street estimates, forecast higher profits for 2014, and painted a rosier picture for demand. SunPower Corporation (NASDAQ:SPWR) rose 6.75 percent to $34.18 Friday on volume of 9.79million shares. The intra-day range of the stock was $32.33 to $34.89. SunPower Corporation (NASDAQ:SPWR) has a market capitalization of $5.59billion.
Altera Corporation (NASDAQ:ALTR) released its earnings data on Thursday. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.05. Altera Corporation (NASDAQ:ALTR)’s stock on Apr 25, 2014 reported a decrease of -3.08% to the closing price of $33.09. Its fifty two weeks range is $30.73 -$39.18. The total market capitalization recorded $10.51billion. The overall volume in the last trading session was 9.53million shares. In its share capital, ALTR has 314.78million outstanding shares.
Austin-based chipmaker Cirrus Logic Inc. (NASDAQ:CRUS) saw its stock jump Friday in the wake of this week’s stronger-than-expected earnings report and a Friday ratings upgrade from an industry analyst. On Friday, shares of Cirrus Logic, Inc. (NASDAQ:CRUS) advanced 4.85% to close the day at $21.63. Company return on investment (ROI) is 24.80% and its monthly performance is recorded as 8.64%. Cirrus Logic, Inc. (NASDAQ:CRUS) quarterly revenue growth is 9.96%.