Domestic solar power producers and exporters of solar equipment to India, who have been vehemently opposing the Commerce Ministry’s proposed anti-dumping duty on solar panels and cells, have a surprise sympathiser in the Minister of Road Transport and Highways, Nitin Gadkari. The Directorate-General of Anti-Dumping, under the Commerce Ministry, had recommended steep anti-dumping duties ranging from $ 0.11 per watt of power produced to $ 0.81 per watt of power produced after its investigations revealed that these items were being dumped in the market at very low prices causing serious injury to the fledgling domestic industry. The US-based First Solar Inc. (NASDAQ:FSLR) has already approached the Delhi High Court seeking reversal of the recommendation of anti-dumping on the import of its material. First Solar, Inc. (NASDAQ:FSLR) stock performance was 1.96% in last session and finished the day at $63.54. Traded volume was 3.02million shares in the last session and the average volume of the stock remained 4.47million shares. The beta of the stock remained 1.75. First Solar, Inc. (NASDAQ:FSLR) insider ownership is 0.20%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) on June 4 scored third rank in Huawei’s recently launched study in which Yingli Solar (17%) came out as the most popular Chinese-origin brand after Lenovo (30%) and Huawei (21%). Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) rose 0.34 percent to $2.91 Wednesday on volume of 1.56million shares. The intra-day range of the stock was $2.87 to $2.93. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has a market capitalization of $528.93million.
Oil giant ConocoPhillips (NYSE:COP) posted some $200 million in profit during the quarter from natural gas. Texas-based hedge funds e360 and Goldfinch reportedly had gains of 14 percent and 21 percent in January, respectively, when gas spiked. “It was a very unusual quarter because of weather,” ConocoPhillips CFO Jeff Sheets told Reuters in May, describing a successful winter of gas trading. He warned the results might not be repeatable. ConocoPhillips (NYSE:COP)’s stock on June 11, 2014 reported a increase of 0.39% to the closing price of $81.95. Its fifty two weeks range is $58.71 -$82.10. The total market capitalization recorded $100.61billion. The overall volume in the last trading session was 4.54million shares. In its share capital, COP has 1.23billion outstanding shares.
In a report that tracked the number of mobile phones sold in the United States and Canada during the last six months iQmetrix, provider of retail management software for the wireless industry, found that BlackBerry Ltd (NASDAQ:BBRY) handsets outsold Apple’s iPhones. Unfortunately, the Big Smoke was the only city in North America that the Waterloo, Ont.- based phone maker outsold its rival for the period. On Wednesday, shares of BlackBerry Ltd (NASDAQ:BBRY) dropped -1.02% to close the day at $7.78. Company return on investment (ROI) is -8.45% and its monthly performance is recorded as 4.57%. BlackBerry Ltd (NASDAQ:BBRY) quarterly revenue growth is -15.62%.
Apurba Technologies Inc. a leading data analytics and visualization company announced today the launch of Lyticas Prism Cloud – an analytics tool designed to work with Fujitsu Limited (ADR) (OTCMKTS:FJTSY)’s newly launched XWand Cloud Platform. Apurba is the first partner to join the community that will offer value added financial services around XWand Cloud Platform. Fujitsu Limited (ADR) (OTCMKTS:FJTSY) stock performance was -0.61% in last session and finished the day at $34.47. Traded volume was 790.00million shares in the last session. The beta of the stock remained 1.10.