Orlando, FL -- (SBWIRE) -- 10/01/2013 -- 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 ReneSola Ltd. (ADR) (NYSE:SOL), Intrexon Corp (NYSE:XON).
ReneSola Ltd. (ADR) (NYSE:SOL) shares gained 3.10% to $4.99. The company on Sept. 17 announced that it has closed its previously announced $70 million securities offering. The net proceeds received by the Company are intended to be used for polysilicon production optimization and as working capital for general corporate purposes. The securities were offered by ReneSola pursuant to a shelf registration statement previously filed with and subsequently declared effective by the Securities and Exchange Commission (the "SEC").
Are investors worried about the recent updates with SOL? Find out with a free trend analysis HERE
Intrexon Corp (NYSE:XON) shares gained 2.96% to $23.69. Research analysts at Griffin Securities started coverage on shares of Intrexon Corp in a report released on Sept. 30. The firm set a “buy” rating on the stock.
Additionally, the company on Sept. 13 announced that it has agreed to a joint research and development initiative with Rentokil Initial PLC that may lead to a new generation of highly-effective and sustainable pest control product and solution.
Under the agreement, Intrexon will apply its biology and science expertise to assist Rentokil in the development of specific pest control products. The companies will also consider exploring additional areas of commercial product research and development. Additional terms of the agreement were not disclosed.
Is XON going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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