Orlando, FL -- (SBWIRE) -- 10/16/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Sunedison Inc (NYSE:SUNE), D.R. Horton, Inc.(NYSE:DHI).
Sunedison Inc (NYSE:SUNE) shares decreased 1.72% to $9.15. The company on Oct. 4 announced that on September 30, 2013, its wholly owned subsidiary, SunEdison Singapore, Pte. Ltd. (formerly known as MEMC Singapore Pte. Ltd.), and Gintech Energy Corporation ("Gintech"), have terminated a long-term solar wafer supply agreement.
Under the terms of the supply agreement, originally executed on October 25, 2006 and last amended on April 19, 2011, SunEdison was to supply Gintech with solar wafers for a 10-year period on a take or pay basis beginning in the second half of 2007. As part of the original supply agreement, Gintech advanced funds to SunEdison in the form of an interest-free loan or security deposit.
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D.R. Horton, Inc.(NYSE:DHI) shares declined 3.07% to $17.69. The company announced that the Company will release financial results for its fourth quarter and fiscal year ended September 30, 2013 on Tuesday, November 12, 2013 before the market opens. The Company will host a conference call that morning at 10:00 a.m. Eastern Time (ET).
Additionally, Susquehanna reiterated their neutral rating on shares of D.R. Horton in a research report released on Oct. 15. Susquehanna currently has a $21.00 price objective on the stock, up from their previous price objective of $20.00.
Is DHI going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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