3 Stocks That Soared Recently: Ascent Solar Technologies, Inc. (NASDAQ:ASTI), Yahoo! Inc. (NASDAQ:YHOO), Sunedison Inc (NYSE:SUNE)
By Aaron Bradley • December 3, 2015
On the trading floor, shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) gain 22.58% to close at $0.190. The $14.70M company on December 2, 2015 announced the Company was awarded a Schedule 56 contract, beginning December 15th, 2015, by the General Services Administration (GSA), the procurement division of the United States Federal Government.
The contract enables Federal customers, including all four branches of the U.S. Military, Federal Agencies and others, to easily purchase a range of Ascent Solar products including: the MilPak E and EnerPlex products such as the Kickr IV and Kickr II.
“Ascent’s GSA Schedule 56 contract unlocks a large and previously untapped potential revenue opportunity. The military applications for Ascent’s lightweight and durable solar products are numerous, particularly considering the MilPak platform; but there are a multitude of other applications for Ascent’s products ranging from disaster relief to use by the U.S. Forest Service,” said Rafael Gutierrez, Senior Vice President and COO of Ascent Solar.
Yahoo! Inc. (NASDAQ:YHOO) closed at $35.65 with again of 5.75%. The $35.65 company on December 2, 2015 launched, provides a full picture of what captivated the company’s users by leveraging data from billions of searches across Yahoo, Polyvore, Flickr, and Tumblr.
For the first time, Yahoo is sharing insights from across its platforms: Polyvore looks at all things style, Flickr reveals the top photos of the year, and Tumblr offers a sneak peek into its annual review of top trends, which launches on December 8. On Yahoo women throughout Hollywood, professional sports, and on the campaign trail dominated the year’s top searches. In 2015, the Jenner family captured more attention than the Kardashian family, the color of a dress became a national phenomenon, and the iPhone remained at the top of consumer tech.
Sunedison Inc (NYSE:SUNE) ended at $3.57 by gain 2.15%. On December 2, 2015, SunEdison, Inc. (SUNE), the largest global renewable energy development company, terminated the securities purchase agreement with Light S.A. to acquire an approximate 16 percent stake in Renova for $250 million. In addition, the agreement (the “Backlog Agreement”) among SunEdison and TerraForm Global, Inc. (GLBL), a global owner and operator of clean energy power plants, and Renova Energia S.A. (RNEW11.SA), the leading renewable energy company in Brazil, which provided for the acquisition of certain development-stage projects that were intended for a subsequent sale by SunEdison to TerraForm Global as call rights projects under the sponsor support agreement was also terminated . The previously announced fifty-fifty joint venture between Renova and SunEdison to develop, own, and operate 1 gigawatt of utility scale solar photovoltaic projects to supply the Brazilian Regulated Electricity Market remains.
“While it is disappointing that the agreement was terminated, we remain committed to Brazil,” said Brian Wuebbels, SunEdison’s chief financial officer and TerraForm Global’s chief executive officer. “In addition, Renova remains a valued partner and we look forward to continuing our relationship with them on our solar development joint venture.”
Summary of Terminated Agreements
On July 15, 2015, SunEdison entered into a securities purchase agreement with Light Energia S.A. in which SunEdison agreed to acquire all of Light Energia’s approximately 16 percent ownership interest in Renova for $250 million. The purchase price was payable in shares of SunEdison common stock. On December 1, 2015, SunEdison terminated this agreement as a result of certain conditions precedent to closing not being satisfied.
By Aaron Bradley • December 3, 2015
On the trading floor, shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) gain 22.58% to close at $0.190. The $14.70M company on December 2, 2015 announced the Company was awarded a Schedule 56 contract, beginning December 15th, 2015, by the General Services Administration (GSA), the procurement division of the United States Federal Government.
The contract enables Federal customers, including all four branches of the U.S. Military, Federal Agencies and others, to easily purchase a range of Ascent Solar products including: the MilPak E and EnerPlex products such as the Kickr IV and Kickr II.
“Ascent’s GSA Schedule 56 contract unlocks a large and previously untapped potential revenue opportunity. The military applications for Ascent’s lightweight and durable solar products are numerous, particularly considering the MilPak platform; but there are a multitude of other applications for Ascent’s products ranging from disaster relief to use by the U.S. Forest Service,” said Rafael Gutierrez, Senior Vice President and COO of Ascent Solar.
Yahoo! Inc. (NASDAQ:YHOO) closed at $35.65 with again of 5.75%. The $35.65 company on December 2, 2015 launched, provides a full picture of what captivated the company’s users by leveraging data from billions of searches across Yahoo, Polyvore, Flickr, and Tumblr.
For the first time, Yahoo is sharing insights from across its platforms: Polyvore looks at all things style, Flickr reveals the top photos of the year, and Tumblr offers a sneak peek into its annual review of top trends, which launches on December 8. On Yahoo women throughout Hollywood, professional sports, and on the campaign trail dominated the year’s top searches. In 2015, the Jenner family captured more attention than the Kardashian family, the color of a dress became a national phenomenon, and the iPhone remained at the top of consumer tech.
Sunedison Inc (NYSE:SUNE) ended at $3.57 by gain 2.15%. On December 2, 2015, SunEdison, Inc. (SUNE), the largest global renewable energy development company, terminated the securities purchase agreement with Light S.A. to acquire an approximate 16 percent stake in Renova for $250 million. In addition, the agreement (the “Backlog Agreement”) among SunEdison and TerraForm Global, Inc. (GLBL), a global owner and operator of clean energy power plants, and Renova Energia S.A. (RNEW11.SA), the leading renewable energy company in Brazil, which provided for the acquisition of certain development-stage projects that were intended for a subsequent sale by SunEdison to TerraForm Global as call rights projects under the sponsor support agreement was also terminated . The previously announced fifty-fifty joint venture between Renova and SunEdison to develop, own, and operate 1 gigawatt of utility scale solar photovoltaic projects to supply the Brazilian Regulated Electricity Market remains.
“While it is disappointing that the agreement was terminated, we remain committed to Brazil,” said Brian Wuebbels, SunEdison’s chief financial officer and TerraForm Global’s chief executive officer. “In addition, Renova remains a valued partner and we look forward to continuing our relationship with them on our solar development joint venture.”
Summary of Terminated Agreements
On July 15, 2015, SunEdison entered into a securities purchase agreement with Light Energia S.A. in which SunEdison agreed to acquire all of Light Energia’s approximately 16 percent ownership interest in Renova for $250 million. The purchase price was payable in shares of SunEdison common stock. On December 1, 2015, SunEdison terminated this agreement as a result of certain conditions precedent to closing not being satisfied.
I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
