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Stock Market & Financial Investment News

News Breaks
March 26, 2014
11:26 EDTSCTYSolarCity complicated company valued with confusing metric, TheStreet says
A deep dive into SolarCity's filings and earnings releases reveals a very complicated company whose valuation is based on a "made-up metric" that requires a broad leap of faith by investors, according to's Herb Greenberg. Greenberg notes that the metric, retained value, is used by others in the solar industry as well. SolarCity is "a real company with real customers" in a booming industry, but Greenberg considers it "among the ultimate in leap-of-faith stocks." Reference Link
News For SCTY From The Last 14 Days
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November 25, 2015
08:36 EDTSCTYSolarCity CFO retirement likely stems from strategy change, says Roth Capital
After SolarCity's CFO announced that he would retire in February, Roth Capital says the news "feels sudden." However, the firm thinks the CFO's departure stems from the recent change in the company's strategy. Roth reiterates a $55 price target and Buy rating on the shares.
November 24, 2015
16:18 EDTSCTYSolarCity CFO Brad Buss plans to retire
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November 23, 2015
14:35 EDTSCTYSenators ask Treasury Secretary for update on SolarCity probe, Republic says
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November 18, 2015
08:11 EDTSCTYMusk, Silver Lake investing over $100M in SolarCity, NY Times reports
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November 17, 2015
13:29 EDTSCTYSunEdison selloff continues, shares down 23%
Shares of SunEdison (SUNE) continue to be weak and are down 23% to $3.49 in afternoon trading. Dan Loeb's Third Point last night disclosed it no longer owns the stock while David Einhorn's Greenlight Capital disclosed a reduced stake. Deutsche Bank analyst Vishal Shah lowered his price target for SunEdison this morning to $16 saying language in Vivint Solar's (VSLR) quarterly filing around SunEdison debt financing could concern some investors. SunEdison's solar peers are also weak, with SunPower (SPWR), First Solar (FSLR) and SolarCity (SCTY) all in the red.

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