NASDAQ New Lows; The Wet Seal (NASDAQ:WTSL), MoSys Inc. (NASDAQ:MOSY), MELA Sciences (NASDAQ:MELA), Big 5 Sporting Goods Corporation (NASDAQ:BGFV)
The Wet Seal, Inc (NASDAQ:WTSL) has been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the company, American Banking News.com reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month … Continue reading NASDAQ New Lows; The Wet Seal (NASDAQ:WTSL), MoSys Inc. (NASDAQ:MOSY), MELA Sciences (NASDAQ:MELA), Big 5 Sporting Goods Corporation (NASDAQ:BGFV)
Hot Stocks: Johnson & Johnson (NYSE:JNJ), 58.com Inc (ADR) (NYSE:WUBA), Aegean Marine Petroleum Network Inc. (NYSE:ANW), Sears Holdings Corp (NASDAQ:SHLD)
Johnson & Johnson (NYSE:JNJ), the world’s biggest health-care products company, is bolstering its medical device presence in China as some companies struggle with government rules in one of the world’s fastest growing markets. J&J built a manufacturing plant in Suzhou and conducted clinical trials with the plates and screws for broken bones that it produced, said Michel Orsinger, worldwide chairman of J&J’s global orthopedics group. … Continue reading Hot Stocks: Johnson & Johnson (NYSE:JNJ), 58.com Inc (ADR) (NYSE:WUBA), Aegean Marine Petroleum Network Inc. (NYSE:ANW), Sears Holdings Corp (NASDAQ:SHLD)
Hot Movers: BlackBerry Ltd (NASDAQ:BBRY), Gogo Inc (NASDAQ:GOGO), Spartan Motors Inc (NASDAQ:SPAR), 3D Systems Corporation (NYSE:DDD)
BlackBerry Ltd (NASDAQ:BBRY), a world leader in mobile communications, on May 21, 2014 unveiled a series of initiatives, codenamed Project Ion, to help businesses easily connect people, devices and machines, and derive value from these connections. Project Ion is a cornerstone of BlackBerry’s vision to offer end-to-end solutions for the Internet of Things. According to Forrester Research, Inc., “New smart products and the systems that … Continue reading Hot Movers: BlackBerry Ltd (NASDAQ:BBRY), Gogo Inc (NASDAQ:GOGO), Spartan Motors Inc (NASDAQ:SPAR), 3D Systems Corporation (NYSE:DDD)
Stocks To Watch: GTT Communications Inc (NYSEMKT: GTT), Lentuo International Inc (ADR) (NYSE:LAS), Qiwi PLC (NASDAQ:QIWI), TeleCommunication Systems (NASDAQ:TSYS)
GTT Communications Inc (NYSEMKT: GTT) announced May 22. 2014 the pricing of a public offering of 3,000,000 shares of common stock at a purchase price of $7.75 per share. The net proceeds to GTT from this offering are expected to be approximately $21.5 million, after deducting underwriting discounts and other estimated offering expenses payable by GTT. GTT has also granted the underwriters an option to … Continue reading Stocks To Watch: GTT Communications Inc (NYSEMKT: GTT), Lentuo International Inc (ADR) (NYSE:LAS), Qiwi PLC (NASDAQ:QIWI), TeleCommunication Systems (NASDAQ:TSYS)
NYSE bearish Stocks: Trina Solar (NYSE:TSL), China Ming Yang Wind Power Group (NYSE:MY), ITT Educational Services (NYSE:ESI), Millennial Media (NYSE:MM)
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 estimates. Management guided 2Q14 shipments of 950-1,010 MW in 2Q14 … Continue reading NYSE bearish Stocks: Trina Solar (NYSE:TSL), China Ming Yang Wind Power Group (NYSE:MY), ITT Educational Services (NYSE:ESI), Millennial Media (NYSE:MM)
NYSE bullish Stocks: Rio Alto Mining Ltd (NYSE:RIOM), JGWPT Holdings Inc (NYSE:JGW), CIBER, Inc. (NYSE:CBR), ReneSola Ltd. (ADR) (NYSE:SOL)
Canada’s Rio Alto Mining Ltd (NYSE:RIOM) said on Wednesday it would buy Sulliden Gold Corp Ltd for about C$300 million ($275 million) in an all-stock deal to create a Peru-focused gold miner. After the announcement Rio Alto Mining Ltd (NYSE:RIOM)’s stock fell on concerns the price it was paying was steep. The friendly takeover will combine Rio Alto Mining Ltd (NYSE:RIOM)’s producing La Arena gold … Continue reading NYSE bullish Stocks: Rio Alto Mining Ltd (NYSE:RIOM), JGWPT Holdings Inc (NYSE:JGW), CIBER, Inc. (NYSE:CBR), ReneSola Ltd. (ADR) (NYSE:SOL)
