Canadian Solar Inc. (NASDAQ:CSIQ) (Guelph, Ontario) on January 22nd, 2015 announced the sale of the 10 MW AC Glenarm solar photovoltaic (PV) power plant to an affiliate of DIF Infrastructure III. This PV power plant is valued at over CSD 60 million (USD 49 million) and utilizes Canadian Solar’s CS6X PV modules. The Glenarm plant will sell electricity pursuant to a 20-year Ontario Power Authority feed-in tariff contract. The project reached commercial operation in November 2014. On Friday shares of Canadian Solar Inc. (NASDAQ:CSIQ) closed at $19.30. Company’s sales growth for last 5 years was 18.60% and EPS growth for next 5 years is recorded as 10.00%.
Zacks upgraded shares of Companhia de Saneamento Basico (ADR) (NYSE:SBS) from an underperform rating to a neutral rating in a research note issued to investors on Tuesday. Companhia de Saneamento Basico (ADR) (NYSE:SBS) in last trading activity decreased -13.42% to close at $5.16. Company weekly performance is -12.69% while its quarterly performance stands at -33.68%. Companhia de Saneamento Basico (ADR) (NYSE:SBS) is -53.05% away from its 52 week high.
Larry Ellison, Chairman of Oracle Corporation (NYSE:ORCL) has been competing against competitor computer manufacturers depend on performance. His new weapon is price. Ellison, revealed new server hardware that he stated is roughly half the price of same machines sold by Cisco Systems, Inc. (NASDAQ:CSCO) and others and is significantly faster. On Friday shares of Oracle Corporation (NYSE:ORCL) closed at $44.19. Company’s sales growth for last 5 years was 10.50% and EPS growth for next 5 years is recorded as 8.50%.
Danbury-based Praxair Inc. (NYSE:PX) has been awarded a five-year contract worth $53 million to supply liquid hydrogen to NASA. Praxair’s hydrogen supply network will serve four NASA sites: Stennis Space Center in Mississippi; Kennedy Space Center in Florida; Marshall Space Flight Center in Alabama; and Glenn Research Center in Ohio. Praxair Inc. (NYSE:PX) has 0.10% insider ownership while its institutional ownership stands at 89.30%. In last trading activity company’s stock closed at $126.34.
Joe Tomkinson, CEO of Irvine-based Impac Mortgage Holdings Inc. (NYSEMKT:IMH), said his firm’s loan volume has been going up almost every month, with about 60 percent of his recent business in refinancing existing loans. He projected that rates may stay low until late this year. “It’ll be a very profitable year for us,” Tomkinson said. On last trading day Impac Mortgage Holdings Inc. (NYSEMKT:IMH) increased 10.31% to close at $9.20. Its volatility for the week is 5.70% while volatility for the month is 5.14%. IMH’s EPS growth for past 5 years was 6.80%. Impac Mortgage Holdings Inc. (NYSEMKT:IMH) monthly performance is 46.50%.