Orlando, FL -- (SBWIRE) -- 09/13/2013 -- 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 Groupon Inc (NASDAQ:GRPN), Sunedison Inc (NYSE:SUNE).
Groupon Inc (NASDAQ:GRPN) stock increased 1.95% to $11.76. The company on Sept. 4 announces a concert deal of epic proportions: A trip to Los Angeles to meet legendary, nine-time Grammy® Award-winning recording artist Sheryl Crow. The Groupon deal includes airfare for two to Los Angeles, hotel accommodations, dinner for two, private round-trip transportation between LAX and the hotel and between the hotel and the concert venue, two tickets to Sheryl Crow's Free and Easy Tour at The Greek Theater and two copies of Sheryl Crow's latest album, FEELS LIKE HOME, which is available everywhere on Sept. 10.
Additionally, the company on August 14 announced the addition of credit card terminals to the company's existing payments suite for local businesses. With the inclusion of terminals, Groupon extends its popular payments service to the most common way that local businesses accept credit cards and makes an affordable and sophisticated payments solution available to nearly every merchant - regardless of the size of their business or budget.
Are investors worried about the recent updates with GRPN? Find out with a free trend analysis HERE
Sunedison Inc (NYSE:SUNE) shares decreased 6.48% to $7.51. The company on Sept. 10 won $212.5 million in project financing to help build what may be Latin America’s biggest solar power plant in Chile. The Overseas Private Investment Corp., the U.S. government’s development finance institution, provided a $147.5 million loan, St. Peters, Missouri-based SunEdison said in a statement. IFC, a member of the World Bank Group, provided $65 million of debt.
Additionally, the company on Sept. 9 said it cut the full-year revenue outlook for its semiconductor business amid weak demand and said it plans to spin off the unit in a $250 million initial public offering to focus on the high-margin solar power business.
The company trimmed its 2013 sales forecast for the semiconductor business by $20 million to $920-$960 million, the second time it has done so. The unit had $917.5 million in revenue in 2012. The company also said it now expects to sell 750-900 megawatts of solar energy systems in 2014, a number that came above above Sanganeria's expectation.
Is SUNE going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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