SunPower Corp. (NASDAQ: SPWR) announced on Wednesday that it has sold two solar projects running in California to a firm controlled by Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK.A). In lieu, SunPower would receive about $2.5 billion along with related contracts. Shares of SunPower climbed more than 30% in early trading on Thursday. On Wednesday, [...]
PolyOne Corporation (NYSE: POL) climbed 8 percent on Wednesday after Jefferies Group initiated coverage on the stock with a “buy” rating. On December 20, the company announced the acquisition of Glasforms Inc., which specializes in glass and carbon fiber reinforced polymers and advanced products. [...]
Shares of Tiffany & Co. (NYSE: TIF), a specialty retailer, have opened higher in trading today after the company signed a new 20-year licensing deal with designer Elsa Peretti. The deal ends uncertainty over a collection that accounts for 10% of TIF’s worldwide sales. [...]
Shares of car-sharing service provider Zipcar Inc. (NASDAQ: ZIP) skyrocketed nearly 48 percent in pre-market trading on Wednesday after Avis Budget Group Inc. (NASDAQ: CAR) announced that it has agreed to acquire Zipcar in an all cash deal, estimated at $500 million or $12.25 a share, which represents a premium of 49 percent over ZIP’s [...]
Shares of Alon USA Energy Inc. (NYSE: ALJ), an independent refiner and marketer of petroleum products operating mainly in the South Central, Southwestern and Western regions of the U.S., are soaring in trading today after Goldman Sachs initiated coverage on the stock with a “Buy” rating. [...]
Shares of Lexicon Pharmaceuticals Inc. (NASDAQ: LXRX), a biopharmaceutical company engaged in the discovery and development of breakthrough treatments for human disease, are soaring in early trading today. [...]
Duff & Phelps Corp. (NYSE: DUF), a New York City-based provider of independent financial advisory and investment banking services, announced over the weekend that it signed a definitive merger agreement under which a private investor consortium will acquire the company for $15.55 per share in cash. [...]
Shares of Barnes & Noble Inc. (NYSE: BKS), a content, commerce and technology company that provides consumers access to books, rose sharply in trading on Friday after the company announced that Pearson (NYSE: PSO) agreed to make a strategic investment in Nook Media LLC. [...]
Francesca’s Holdings Corp. (NASDAQ: FRAN) Director Richard Emmett bought 5,000 shares of FRAN common stock earlier this month. Following the purchase, Emmett, who has been a board member since 2009, now holds 10,000 shares of FRAN common stock. [...]
Shares of Cepheid (NASDAQ: CPHD), a molecular diagnostics company engaged in the development, manufacturing and marketing of integrated systems for testing in the Clinical market, are soaring in early trading today. [...] |
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