Applied Materials (NASDAQ:AMAT) was upgraded by stock analysts at B. Riley from a “neutral” rating to a “buy” rating in a report issued on Tuesday. The firm currently has a $25.00 price target on the stock, up from their previous price target of $23.06. B. Riley’s price objective would indicate a potential upside of 9.41%…
On July 8, 2014, Kandi Technologies Group Inc (NASDAQ:KNDI) announced that Kandi Electric Vehicles Group Co., Ltd. (the JV Company), the manufacturing subsidiary of Kandi Brand electric vehicles, has received a national subsidy of RMB197 million (approximately US$31.8 million) for sales of over 3,000 Electric Vehicles (EVs) between June and December in 2013 and sales…
Google Inc (NASDAQ:GOOG)’s chief business officer, one of Chief Executive Officer Larry Page’s key lieutenants and the company’s main liaison to Wall Street, is leaving the Internet search company, the latest high-ranking executive to depart. Google Inc (NASDAQ:GOOG) stock performance was -1.53% in last session and finished the day at $573.73. Traded volume was 3.02million…
In a report published on June 12, Deutsche Bank analyst Vivian Hao downgraded SouFun Holdings Ltd (NYSE:SFUN) from Buy to Hold and lowered the price target to $11.00. The company announced a 40 percent discount on nationwide subscription fee to secondary listing customers, making up approximately 25 percent of revenues. Deutsche Bank sees this as…
Barrick Gold (NYSE:ABX) is the largest gold mining company in the world by production, although it isn’t by market capitalization [that title is held by Goldcorp (NYSE:GG)]. One of the reasons for this is the company’s failure to generate shareholder value over the years despite a very strong gold market. If you had bought Barrick…
Oklahoma City-based Chesapeake Energy Corporation (NYSE:CHK) has been accused of skimming more than other companies, selling gas to itself, misreporting production data, and violating lease terms that explicitly prohibit the fees. Most of the company’s Pennsylvania operations are located in Bradford County. Chesapeake Energy Corporation (NYSE:CHK) stock performance was -3.66% in last session and finished the day at $26.82. Traded…
