Investor’s Alert: Trina Solar (NYSE:TSL), StemCells Inc (NASDAQ:STEM), ISIS Pharmaceuticals (NASDAQ:ISIS), Pandora Media (NYSE:P), FireEye Inc (NASDAQ:FEYE)

Trina Solar Limited (ADR) (NYSE:TSL) on June 27 announced its chairman and chief executive officer, Mr. Jifan Gao, has been elected as the first president of the newly-established China Photovoltaic Industry Association (“CPIA”) during its inaugural founding ceremony and member congress held in Beijing on June 27, 2014, for a term of 5 years. CPIA is the first accredited national level solar industry association established … Continue reading Investor’s Alert: Trina Solar (NYSE:TSL), StemCells Inc (NASDAQ:STEM), ISIS Pharmaceuticals (NASDAQ:ISIS), Pandora Media (NYSE:P), FireEye Inc (NASDAQ:FEYE)

Healthcare Most Active Stocks: MannKind Corporation (NASDAQ:MNKD), Pfizer Inc. (NYSE:PFE), Amicus Therapeutics (NASDAQ:FOLD), Geron Corporation (NASDAQ:GERN), Gilead Sciences (NASDAQ:GILD)

MannKind Corporation (NASDAQ:MNKD) VP David Thomson sold 30,000 shares of the stock on the open market in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $10.51, for a total transaction of $315,300.00. Following the transaction, the vice president now directly owns 102,286 shares in the company, valued at approximately $1,075,026. MannKind Corporation (NASDAQ:MNKD) stock performance was … Continue reading Healthcare Most Active Stocks: MannKind Corporation (NASDAQ:MNKD), Pfizer Inc. (NYSE:PFE), Amicus Therapeutics (NASDAQ:FOLD), Geron Corporation (NASDAQ:GERN), Gilead Sciences (NASDAQ:GILD)

(NYSE:ORCL) Why is Oracle Buying Micros Systems For About $5.3B?

Software maker Oracle is buying Micros Systems Inc., which provides software and hardware to the hospitality and retail industries, for about $5.3 billion. Oracle said Monday that it will pay $68 per Micros share, a 3 percent premium to the company’s $65.77 Friday closing price. Shares of Micros gained $1.43, or 2.2 percent, to $67.20 in premarket trading Monday. Oracle said the acquisition will extend … Continue reading (NYSE:ORCL) Why is Oracle Buying Micros Systems For About $5.3B?

(NYSE:NQ) No Evidence Of Fraud found at NQ Mobile

(NYSE:NQ) The Investigation Team conducted a thorough review of cash reported on NQ Mobile’s financial statements and the Company’s cash transactions, which included the following procedures: obtained bank confirmations for the Company’s accounts through in-person visits and mail

Chinese mobile security software maker NQ Mobile said a special committee had found no evidence of fraud, as alleged by short-seller Muddy Waters Research Group. NQ Mobile also said the committee also found no evidence that the company’s revenues and cash balances were inconsistent with public disclosures. Muddy Waters called NQ Mobile a “massive fraud” in October, a charge NQ Mobile rejected as false.

NQ Mobile’s shares rose about 30 percent in premarket trading.

According to the auditors findings : “The Investigation Team determined that the Company’s cash balances were verifiable and consistent with public disclosures. … (ii) The Investigation Team did not find evidence that the Company’s revenues were inconsistent with public disclosures.”

Benedict commented on NQ Mobile’s activity since the Muddy Waters allegation, “We have seen fees drop off a bit from October to around early to mid April, then we saw fees surge again briefly.”. An independent committee investigating Muddy Waters’ allegations at NQ Mobile Inc (ADR) (NYSE:NQ) has found no evidence of fraud. Block says they continue to investigate NQ Mobile Inc (ADR) (NYSE:NQ) and that he doesn’t think the debate over the company will be over “until regulators step in or NQ’s shares go to zero.”

In the meantime, ChinaRock discloses that is has doubled its stake in NQ Mobile. Both short interest and utilization rose by about one percent on the news, according to Benedict. The utilization rate is now 92 percent.

Continue reading “(NYSE:NQ) No Evidence Of Fraud found at NQ Mobile”

Tech Losers: Microsoft Corporation (NASDAQ:MSFT), Oracle Corporation (NYSE:ORCL), Alcatel Lucent SA (ADR) (NYSE:ALU), Amazon.com, Inc. (NASDAQ:AMZN)

Over the years, Microsoft Corporation (NASDAQ:MSFT) has made it known, time and time again, that it has an extreme dedication to security. While this can be seen in the company’s many software applications and hardware, it recently took things to the next level by partnering with the FBI. Microsoft Corporation (NASDAQ:MSFT) stock performance was -0.37% in last session and finished the day at $40.79. Traded … Continue reading Tech Losers: Microsoft Corporation (NASDAQ:MSFT), Oracle Corporation (NYSE:ORCL), Alcatel Lucent SA (ADR) (NYSE:ALU), Amazon.com, Inc. (NASDAQ:AMZN)

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Basic Material Gainers; Halcon Resources Corp (NYSE:HK), Cheniere Energy, Inc. (NYSEMKT:LNG), Solazyme Inc (NASDAQ:SZYM), Ur-Energy Inc. (USA) (NYSEMKT:URG)

Halcon Resources Corp (NASDAQ:HK) had its target price boosted by Goldman Sachs from $4.25 to $4.75 in a report issued on Wednesday. Goldman Sachs has also updated their ratings on a number of other stocks in the last week. The firm reiterated its sell rating on shares of National Grid plc (ADR). Also, Goldman Sachs downgraded shares of Prudential Public Limited Company (ADR) to a … Continue reading Basic Material Gainers; Halcon Resources Corp (NYSE:HK), Cheniere Energy, Inc. (NYSEMKT:LNG), Solazyme Inc (NASDAQ:SZYM), Ur-Energy Inc. (USA) (NYSEMKT:URG)