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Why Need to Watch: FXCM Inc. (NYSE:FXCM), Ericsson (NASDAQ:ERIC), SunEdison (NYSE:SUNE), ChinaCache International Holdings (NASDAQ:CCIH), Eaton Corporation plc (NYSE:ETN) - Property Mentor Group

Why Need to Watch: FXCM Inc. (NYSE:FXCM), Ericsson (NASDAQ:ERIC), SunEdison (NYSE:SUNE), ChinaCache International Holdings (NASDAQ:CCIH), Eaton Corporation plc (NYSE:ETN)


On March 13, it was reported that, FXCM Inc. (NYSE:FXCM) is seeking to sell its stakes in three trading businesses as it grapples with repaying an emergency loan. The company started the process of selling the positions in FastMatch, Lucid and V3 Markets, FXCM Chief Executive Officer Drew Niv said during a conference call with analysts. On Monday shares of FXCM Inc. (NYSE:FXCM) closed at $2.46. Company’s sales growth for last 5 years was 8.70%.

Ericsson (NASDAQ:ERIC) has signed a definitive agreement to acquire the telecom business of Sunrise Technology, a provider of IT services in the operations and business support systems (OSS/BSS) domain. Sunrise Technology, which is headquartered in Guangzhou, China, will continue to exist as a separate entity – serving customers in sectors other than telecom. Ericsson (NASDAQ:ERIC) in last trading activity advanced 2.13% to close at $12.92. Company weekly performance is 3.44% while its quarterly performance stands at 5.81%. Ericsson (NASDAQ:ERIC) is -2.71% away from its 52 week high.

On March 13, SunEdison, Inc. (NYSE:SUNE) announced the company recently secured non-recourse project financing for a 9.6 megawatt utility scale solar power plant being built in Japan.The Tarumizu project is one of the first utility scale solar projects constructed by a US company in Japan to be provided non-recourse funding from a leading Japanese bank. On Monday shares of SunEdison, Inc. (NYSE:SUNE) closed at $24.14. Company’s sales growth for last 5 years was 16.40% and EPS growth for next 5 years is recorded as 1.58%.

ChinaCache International Holdings Ltd. (NASDAQ:CCIH) participated in the following investor conferences in March 2015: Morgan Stanley Asia Technology, Media, Telecom & Internet Conference, March 12-13, at Morgan Stanley’s offices in the International Commerce Center in Hong Kong. ChinaCache International Holdings Ltd. (NASDAQ:CCIH) has 9.24% insider ownership while its institutional ownership stands at 55.80%. In last trading activity company’s stock closed at $9.02.

Vetr lowered shares of Eaton Corp plc (NYSE:ETN) from a buy rating to a hold rating in a research report released on Monday morning. Vetr
currently has $60.35 price objective on the stock. On last trading day Eaton Corporation plc (NYSE:ETN) advanced 1.73% to close at $67.79. Its volatility for the week is 1.43% while volatility for the month is 1.34%. ETN’s sales growth for past 5 years was 13.70% and its EPS growth for past 5 years was 27.00%. Eaton Corporation plc (NYSE:ETN) monthly performance is -4.63%.


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