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Los Angelas, CA -- (SBWIRE) -- 12/20/2012 -- First Solar, Inc. (NASDAQ:FSLR) shares climbed 3.22% and closed at $33.03 in the previous trading session. The company announced the release of its most advanced thin-film photovoltaic (PV) module, the Series 3 FS-392, which is rated at 92.5 watts. The new FS-392 module maintains all the existing IEC certifications and UL listings for the Series 3 family, including UL listing for 1000-volt systems.
Additionally, Bank of America restated their buy rating on shares of First Solar in a research report sent to investors on Dec. 19. The firm currently has a $35.00 price target on the stock, up from their previous price target of $30.00.
Should Investors Buy FSLR After The Recent Fall? Find Out Here
Knight Capital Group Inc. (NYSE:KCG) stock increased 5.41% to $3.51. Knight Capital Group, and GETCO Holding Company announced they have entered into an agreement for a strategic business combination whereby GETCO and Knight will be combined under a new publicly traded holding company. The combined firm will create a true industry leader as an independent market-maker and agency broker across geographies, market structures and asset classes. The resulting company will benefit from Knight’s deep customer franchise and GETCO’s leading edge technology platform, resulting in a company extremely well positioned to serve customers across multiple products globally.
Is KCG Ready To Move Back To New Highs This Year? Find Out Here
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) shares climbed 3.36% and closed at $20.02 in the previous trading session after the company announced that it has reached agreement for the acquisition of a 100% stake in Araucaria Nitrogenados SA from Vale SA. It is located in Araucaria, in the state of Parana in Brazil. The transaction value is BRL 234 million. Araucaria Nitrogenados SA has a production plant with the capacity of 700,000 tons per year of urea, 475 tons per year of ammonia and 450,000 cubic meters per year of Arla 32.
How Should Investors React To PBR-A Now? Find Out Here
Alcatel Lucent SA (ADR) (NYSE:ALU) shares climbed 5.07% to $1.45. The company announced that on December 14, 2012 it entered into commitments with Credit Suisse AG and Goldman Sachs Bank USA for Euro 1.615 billion in senior secured credit facilities. It is expected that Alcatel-Lucent USA, an Alcatel-Lucent subsidiary, will be the borrower and Alcatel-Lucent and some of its material subsidiaries will be guarantors.
Is ALU Showing Any Sign of Buy At The Current Market Price? Find Out Here
J.C. Penney Company, Inc. (NYSE:JCP) shares gained 3.52% and closed at $20.88 in the previous trading session. JCP‘s stock had its “underperform” rating reaffirmed by research analysts at Credit Suisse in a report released yesterday. They currently have a $15.00 target price on the stock. Additionally, analysts at Telsey Advisory Group cut their price target on shares of J.C. Penney Company from $27.00 to $20.00 in a research note to investors this month.
Is JCP Ready To Move Back To New Highs This Year? Find Out Here
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