Market Mover’s – Facebook Inc (FB), Intel (INTC), Yingli Green Energy (YGE), Suntech (STP), Twitter (TWTR), CSIQ


Facebook Inc (NASDAQ:FB) extends its December upward momentum towards its October highs near $54.82. Facebook Inc (NASDAQ:FB) shares surged 1.46% to $54.11 in current session. Twitter Inc (NYSE:TWTR) stock topped $60 to reach a new high on Monday, despite two ratings cuts, including one from a Wells Fargo analyst who said investors may be underestimating the social network’s challenges. But Twitter Inc (NYSE:TWTR) was last trading down 1.2% to $58.31, after reaching an intraday high of $60.24. Wells Fargo analyst Peter Stabler downgraded the stock to underperform, while SunTrust Robinson Humphrey’s Robert Peck cut Twitter to neutral, as the stock has surpassed his $50 price target. Twitter Inc (NYSE:TWTR) shares increased 1.08% to $59.10 in current session.

Mindspeed Technologies, Inc. a leading supplier of semiconductor solutions for network infrastructure, today announced that it has signed a definitive agreement to sell the assets of its wireless infrastructure business unit to Intel Corporation (NASDAQ:INTC). The asset sale was contemplated by the agreement and plan of merger with M/A-COM Technology Solutions Holdings, Inc. (MTSI), announced on November 5, 2013. Intel Corporation (NASDAQ:INTC) shares climbed 1.10% to $24.56 in current session.

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) announced that its wholly-owned subsidiary, Yingli Energy (China) Company Limited, together with Sinohydro Corporation Limited and Hydrochina Corporation, formed a three-party Consortium to win 233 megawatts of PV projects in Algeria. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares increased 2.38% to $4.31 in current session.

Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ) today announced that on November 14, 2013, the Joint Provisional Liquidators, of the Company passed a sole shareholder’s resolution placing Power Solar System Co., Ltd., an immediate subsidiary of the Company, into liquidation pursuant to the Insolvency Act of the British Virgin Islands, the jurisdiction of its incorporation. Liquidators have since been appointed over PSS. Suntech Power Holdings Co., Ltd. (ADR) (OTCMKTS:STPFQ) shares dropped -2.33% to $0.570 in current session.

Canadian Solar Inc. (NASDAQ:CSIQ) is one of the world’s largest solar power companies, today announced its modules were selected for the Clovis Unified School District solar installation (“Clovis Project”) in Clovis, California. Canadian Solar Inc. (NASDAQ:CSIQ) shares advanced 1.01%, to $27.97 in current session.


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