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New York, NY -- (SBWIRE) -- 02/20/2013 -- SunPower Corporation (NASDAQ:SPWR) surged +16.94% with the closing price of $13.39. The overall volume in the last trading session was 16.94 million shares. Its fifty two week range was $3.71-$13.66. The total market capitalization remained $2.16 billion.
SPWR is ahead its 52 week low with 7.55% and its last month price volatility remained 14.18%. Its beta coefficient was 2.07 with a target price of $8.07. In its share capital SPWR has 161.08 million outstanding shares while 62.52 million shares have been floated in market. SPWR has insider ownership of 0.03% with its institutional ownership remained 20.25%.
What was the Moving Force behind SPWR On Bullish Run? Read This Research Report
Morgan Stanley (NYSE:MS) reported that it appointed a veteran team of advisers in California from rival Merrill Lynch. Advisers Nikesh Kadakia, Joseph Pastore and Kirk Snyder moved to Morgan Stanley's El Segundo operation on Friday from Merrill, the brokerage possessed by Bank of America Corp. They had an annual revenue production of nearly $1.3 million.
In the last trading session, Morgan Stanley (NYSE:MS) jumped +1.89% to close at $24.32 and its total traded volume was 17.46 million shares.
For How Long MS will Fight for Profitability? Read This Trend Analysis report
OfficeMax Incorporated (NYSE:OMX)’s one of top shareholders, oNeuberger Berman LLC, would support a merger with Office Depot Inc reliant on agreement terms, according to a portfolio manager at the investment firm.
In the last trading session, OfficeMax Incorporated (NYSE:OMX) reported the gain of +20.93% and closed at $13.00 with the overall traded volume of 15.62 million shares. OMX has market cap of 1.13 billion.
Why Should Investors Buy OMX After The Recent Gain? Just Go Here and Find Out
PepsiCo, Inc. (NYSE:PEP) moved up +2.47% and closed at $75.50 in the last trading session with the total traded volume of 10.83 million shares more than the average volume of 5.88 million. PEP has earnings per share of $3.92 and its price to earnings ratio ended at 19.25. PEP has market cap of 116.57 billion and its beta value stands at 0.46 times.
Will PEP Continue To Move Higher? Find Out Here
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Alphapennystocks.com is an Independent Company, our focus is on small cap stocks that trade on OTCBB and OTC markets, and are mostly referred to as “penny stocks”. These are stocks that normally trade under $5 a share and could offer the greatest potential return on your short or long term investment. We strive to live up to our name, Alpha, being the leader in the industry. It is important to understand that these stocks also carry high risk. You must read our Disclaimer page for more information regarding conflicts of interest and the risks involved.
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