Oi SA (ADR) (NYSE:OIBR)’s preferred shares fell to a record low after the company was said to raise 8.25 billion reais ($3.71 billion) by selling stock at a price below yesterday’s close. The funding paved the way for a merger with Portugal Telecom SGPS SA. Brazil’s biggest phone carrier priced preferred shares at 2 reais…
eBay Inc(NASDAQ:EBAY) shares have largely been trading in a range of $50 at the low and $56 at the high (with some notable exceptions) since late 2012. A range that has been this long in development tends to keep moving in the direction of the ultimate break of the range. If $50 were taken out…
SINA Corp (NASDAQ:SINA), a Nasdaq-listed firm which is one of China’s most popular web portals, has established Soufan.com for Chinese Internet users hoping to buy property abroad. Zillow has announced plans to enter a partnership with Beijing-based Yisheng Leju Information Services in order to gain direct access to the Chinese market. SINA Corp (NASDAQ:SINA) stock…
Comcast Corporation (NASDAQ:CMCSA) and Charter Communications (Nasdaq:CHTR) announced that the companies have reached an agreement (the “Agreement”) on a series of tax-efficient transactions, whereby the combined Comcast-Time Warner Cable entity, following completion of Comcast Corporation (NASDAQ:CMCSA)’s previously announced merger with Time Warner Cable, will divest systems resulting in a net reduction of approximately 3.9 million…
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has announced availability of its EnerPlex Jumpr Slate at company-owned kiosks, as well as online. The product will be available at partner retailers both domestically and internationally later…
Plug Power Inc (NASDAQ:PLUG) is on a roll with this year. Reportedly, Plug Power Inc (NASDAQ:PLUG) has made its biggest share offering till date in this year. The volume of the shares has been continuously increasing on a yearly basis for Plug Power Inc (NASDAQ:PLUG). Plug Power Inc (NASDAQ:PLUG) stock performance was -10.65% in last…
