Trina Solar Limited (ADR) (NYSE:TSL) had its buy rating reiterated by analysts at Jefferies Group. The firm currently has a $23.90 price target on the stock, up from their previous price target of $23.70. The analysts wrote, “Trina Solar reported 1Q14 results with NPAT of US$27m and diluted EPS of US$0.37, above our and consensus…
In contrast, Aeroflex Holding Corp (NYSE:ARX) shares jumped 25.4 per cent to US$10.42. British aerospace and defense supplier Cobham is buying the US communications equipment maker for US$1.46 billion, including the assumption of Aeroflex Hldg Corp (NYSE:ARX)’s debt. Aeroflex Holding Corp. (NYSE:ARX) stock performance was 25.39% in last session and finished the day at $10.42….
Drilling down further into the Oil & Gas Equipment and Services space, Bristow Group Inc. (NYSE:BRS) of Houston has trailed the subsector this year, with shares returning only 2%, following a 42% jump during 2013. Bristow Group Inc (NYSE:BRS) stock performance was 1.54% in last session and finished the day at $74.03. Traded volume was…
Rackspace Hosting, Inc. (NYSE:RAX increased 7.12% after the news that the company as hired Morgan Stanley to evaluate a sale or other strategic options, after being approached by potential suitors. “In recent months, Rackspace has been approached by multiple parties who have expressed interest in a strategic relationship with Rackspace, ranging from partnership to acquisition,”…
Oi SA (ADR) (NYSE:OIBR) is approaching towards the completion of its merger with Portugal Telecom, SGPS (ADR) (NYSE:PT). At this point, the disappointing news is that the company has reported a drop in its revenue. It is the second consecutive quarter where the Oi SA has reported declines in its revenue. Oi SA (ADR) (NYSE:OIBR)…
Potbelly Corp (NASDAQ:PBPB) Director Bryant L. Keil sold 66,846 shares of the stock on the open market in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $16.02, for a total value of $1,070,872.92. Following the completion of the transaction, the director now directly owns 983,625 shares…
