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Los Angelas, CA -- (SBWIRE) -- 01/03/2013 -- Quicksilver Resources Inc (NYSE:KWK) shares increased 2.10% to $2.95. Zacks reissued their neutral rating on shares of Quicksilver in a research report released on Dec. 25. Zacks currently has a $3.50 price target on the stock. Additionally, analysts at Macquarie upgraded shares of Quicksilver Resources from an underperform rating to a neutral rating in a research note to investors on Nov. 16. They now have a $2.50 price target on the stock.
Should Investors Buy KWK After The Latest News? Find Out Here
SunPower Corp. (NYSE:STP) shares were up 8.9 percent to $6.12. SunPower announced that MidAmerican Energy would buy two solar projects under construction in Southern California for up to $2.5 billion. Suntech Power Holdings Co., Ltd. (Suntech) is a solar energy company. Suntech is principally engaged in the design, development, manufacturing and marketing of photovoltaic (PV) products.
Is STP Showing Any Sign of Buy At The Current Market Price? Find Out Here
LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares increased 9.72% to $1.58 after the company announced that it has signed a purchase agreement with Shanghai Qianjiang Group in which Qianjiang Group has agreed to purchase all shares of LDK Anhui, located in Hefei City, for approximately RMB 25 million. According to the terms of the agreement, Qianjiang Group will release the guarantee LDK Solar provided to LDK Anhui and its subsidiaries within 12 months, as well as compensate LDK Solar for any loss associated with such guarantee, prior to its release.
Will New Regulations Weigh over LDK Revenue Stream? Find Out Here
MEMC Electronic Materials, Inc. (NYSE:WFR) shares increased 7.17% and closed at $3.44. The company has announced that two members of its board of directors, John Marren and William Stevens, will be retiring from the board, effective Dec. 31. Marren and Stevens have each served on the MEMC board for 11 years. The company also announced that directors Emmanuel Hernandez and Marshall Turner have been appointed to succeed the retiring directors as chairman of the board and chairman of the audit committee, respectively.
How Should Investors Trade WFR After The Recent Volatile Moves? Find Out Here
GameStop Corp. (NYSE:GME) has over 35% of its shares shorted, but also had 18 notable investors and hedge funds owning the stock as of 3Q. The game retailer has seen pressure from online competitors, which should help push revenues down 7% in FY2013. The interim decline should continue with lower sales of new game hardware and software. Longer-term, the retailer should see a rebound from a move toward digital sales and mobile games. FY2014 revenues are expected to be up by 3% thanks to expected hardware launches.
Where Is GameStop Corp Headed Exactly After Achieving This Milestone? Find Out Here
Trina Solar Limited (ADR) (NYSE:TSL) stock increased 20.98% to $5.42. The 52 week trading range for the company is $2.04 – $12.19. The shares of the company declined 25% in the last one year. The company is an integrated solar-power products manufacturer based in China with a global distribution network covering Europe, North America and Asia.
Is TSL A Buy Or Sell At These Levels? Find Out Here
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