Alibaba Group Holding Ltd. (NYSE:BABA) Chairman Jack Ma said Tuesday the Chinese e-commerce giant will fully cooperate with Taiwanese government, which has asked the company to withdraw from the market on concern of its Chinese ownership. On Wednesday shares of Alibaba Group Holding Ltd (NYSE:BABA) closed at $85.49. Company’s EPS growth for next 5 years is recorded as 30.46%.
On February 24, First Solar, Inc. (Nasdaq:FSLR) announced financial results for the fourth quarter and year ended December 31, 2014. Net sales were $1,008 million in the quarter, an increase of $119 million from the third quarter of 2014. First Solar, Inc. (NASDAQ:FSLR) in last trading activity increased 0.84% to close at $61.20. Company weekly performance is 4.54% while its quarterly performance stands at 33.74%. First Solar, Inc. (NASDAQ:FSLR) is -18.23% away from its 52 week high.
Apple Inc (NASDAQ:AAPL) will delay the start of production on a larger, 12.9-inch iPad until around September because of delays involving the supply of display panels, according to two media reports. Production on the bigger tablet had been scheduled to begin this quarter, Bloomberg reported, citing people familiar with the company’s plans. On last trading day Apple Inc. (NASDAQ:AAPL) decreased -0.63% to close at $128.54. Its volatility for the week is 1.76% while volatility for the month is 1.59%. AAPL’s sales growth for past 5 years was 33.60% and its EPS growth for past 5 years was 37.80%. Apple Inc. (NASDAQ:AAPL) monthly performance is 8.78%.
Canaccord Genuity set a $25.00 target price on Egalet Corp (NASDAQ:EGLT) in a report issued on Friday. The firm currently has a a buy rating on the stock. Egalet Corporation (NASDAQ:EGLT) has 3.80% insider ownership while its institutional ownership stands at 70.30%. In last trading activity company’s stock closed at $15.36.
Sirius XM Holdings Inc. (NASDAQ:SIRI) announced that its subsidiary Sirius XM Radio Inc. priced an offering of $1.0 billion of Senior Notes due 2025. The notes are to be sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States in compliance with Regulation S of the Securities Act. Sirius XM Holdings Inc. (NASDAQ:SIRI) has 57.91% insider ownership while its institutional ownership stands at 23.50%. In last trading activity company’s stock closed at $3.94.