Orlando, FL -- (SBWIRE) -- 10/17/2013 -- 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 BlackBerry Ltd (NASDAQ:BBRY), Sunedison Inc (NYSE:SUNE).
BlackBerry Ltd (NASDAQ:BBRY) shares decreased 0.25% to $8.13. Canadian BlackBerry Ltd. Shareholders on Oct. 16 have launched a class-action lawsuit against the troubled smartphone maker in Quebec, alleging that it “knowingly or negligently misrepresented” consumer demand for its latest line of smartphones and the company’s financial position.
Additionally, Newman Ferrara LLP on Oct. 8 announces that a class action lawsuit has been filed in the Unites States District Court, Southern District of New York against BlackBerry Limited and certain of its executive officers, alleging violations of federal securities laws. Investors who purchased BlackBerry securities between September 27, 2012 and September 20, 2013 may apply with the Court to be appointed Lead Plaintiff no later than December 3, 2013. The Lead Plaintiff will direct the litigation on behalf of the other class members.
Are investors worried about the recent updates with BBRY? Find out with a free trend analysis HERE
Sunedison Inc (NYSE:SUNE) shares increased 0.66% to $9.21. 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.
Is SUNE going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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