Deployments, Share Repurchases, Stock Price Movements, and New Product Availability - Analyst Notes on Weibo, Athenahealth, Sina, First Solar and Corning
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 24, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Weibo Corporation (NASDAQ: WB), Athenahealth, Inc. (NASDAQ: ATHN), Sina Corp. (NASDAQ: SINA), First Solar, Inc. (NASDAQ: FSLR) and Corning Inc. (NYSE: GLW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1550-100free.
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Weibo Corporation Analyst Notes
On April 21, 2014, shares of Weibo Corporation (Weibo) surged 11.71% on the second day of its listing on NASDAQ and ended the trading session at $22.61. The stock touched a high of $24.48 on the first day of its listing. On April 17, 2014, Weibo announced that its initial public offering of 16.8 million American depositary shares (ADS), each representing one Class A ordinary share of the Company, was priced at $17 per ADS. Weibo, the Chinese micro blogging service, is owned by Sina Corp. The full analyst notes on Weibo are available to download free of charge at:
http://www.analystsreview.com/1550-WB-24Apr2014.pdf
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Athenahealth, Inc. Analyst Notes
On April 17, 2014, Athenahealth, Inc. (Athenahealth) announced that its AthenaCoordinator Enterprise has been selected by Griffin Hospital to activate patients, coordinate care, and analyze the clinical and financial impact of that care, for use across its community health care network. The Company informed that Griffin, which is an affiliate of the Yale School of Medicine and The Frank H. Netter MD School of Medicine at Quinnipiac University, will advance care and coordination initiatives across its network of more than 280 physicians by leveraging the capabilities of AthenaCoordinator Enterprise. Ed Park, Executive Vice President and Chief Operating Officer, Athenahealth, commented, "Griffin Hospital and athenahealth have a strong history of partnership, and we are thrilled to be working alongside their talented team to advance the athenaCoordinator Enterprise service for their care network and for health systems across the U.S." The full analyst notes on Athenahealth are available to download free of charge at:
http://www.analystsreview.com/1550-ATHN-24Apr2014.pdf
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Sina Corp. Analyst Notes
On April 11, 2014, Sina Corp. (Sina) announced the approval of a new share repurchase program by the board of directors of the Company. Under the new program, Sina is authorized to repurchase its own ordinary shares with an aggregate value of up to $500 million. The Company informed that it expects to fund the repurchase out of its existing cash balance. Meanwhile, Sina-owned micro blogging website Weibo made a strong debut on NASDAQ on April 17, 2014. The stock rose to $24.48 on the first day of its listing, as against the base of $17.00 per share. The full analyst notes on Sina are available to download free of charge at:
http://www.analystsreview.com/1550-SINA-24Apr2014.pdf
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First Solar, Inc. Analyst Notes
On April 21, 2014, the shares of First Solar, Inc. (First Solar) traded up 2.81%, closing the day at $69.21. During the trading session, the Company's shares opened at $67.42 and oscillated in the range of $66.50 - $69.23. A total of 2.41 million shares changed hands during the day. Over the previous three trading sessions, the shares of First Solar increased 4.25%, outperforming the broader market index (NASDAQ Composite), which increased 2.17% during the same period. On March 19, 2014, First Solar provided an 2014 financial guidance. For 2014, the Company expects diluted EPS to be between $2.20 and $2.60, and consolidated operating income to be in the range of $270 and $320 million. From the close on March 18, 2014, a day prior to the financial guidance announcement, the stock has surged 20.24%. The full analyst notes on First Solar are available to download free of charge at:
http://www.analystsreview.com/1550-FSLR-24Apr2014.pdf
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Corning Inc. Analyst Notes
On April 15, 2014, Corning Inc. (Corning) announced the availability of its USB 3.Optical™ Cables. The Company informed that USB 3.Optical™ Cables are capable of sending up to 5 gigabits per second of data at distances up to 30 meters. According to the Company, USB 3.Optical™ Cables by Corning is compatible with most USB 3.0 and USB 2.0 devices, USB 3 and can quickly and easily extend data transmission beyond the 3-meter limitation of comparable copper cable. Further, they can withstand bending, squeezing, and tangling without damage or loss of function due to a "zero-bend" radius. Bernhard Deutsch, Vice President, Product Line Management, Optical Connectivity Solutions for Corning Optical Communications, commented, "With longer, thinner, and lighter cables, USB 3.Optical Cables by Corning give users the freedom to max out data connection speeds for a more enjoyable creative workflow." The full analyst notes on Corning are available to download free of charge at:
http://www.analystsreview.com/1550-GLW-24Apr2014.pdf
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