New York, NY -- (ReleaseWire) -- 01/04/2013 --SunPower Corporation (NASDAQ:SPWR) 9.07 +2.94 (47.96%).
Analysts at Lazard upgraded the stock to Buy from Neutral with an $11 price target, one day after the company sold its Antelope Valley solar projects in southern California to Berkshire Hathaway (BRK.A) for more than $2 billion.
MidAmerican Solar, a subsidiary of MidAmerican Renewables, and SunPower Corp. (SPWR) announced MidAmerican Solar's acquisition from SunPower of the 579-megawatt Antelope Valley Solar Projects (AVSP), two co-located projects in Kern and Los Angeles Counties in Calif. Together, the two combined projects will form the largest permitted solar photovoltaic power development in the world and will create an estimated 650 jobs during construction.. SPWR develops solar power products.
Find out how this announcement could benefit SPWR by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=SPWR
LDK Solar Co., Ltd (ADR) (NYSE:LDK) 1.92 +0.34 (21.52%).
LDK announced that it has signed a purchase agreement with Shanghai Qianjiang Group in which Qianjiang Group has agreed to purchase all shares of LDK Anhui, located in Hefei City, for approximately RMB 25 million. According to the terms of the agreement, Qianjiang Group will release the guarantee LDK Solar provided to LDK Anhui and its subsidiaries within 12 months, as well as compensate LDK Solar for any loss associated with such guarantee, prior to its release. LDK Solar Co., Ltd. is a vertically integrated manufacturer of Photovoltaic (PV) products.
Find out more about LDK by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=LDK
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains.
WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetScoop.net
Disclosure: WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
Wall Street Scoop