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Stock Market & Financial Investment News

News Breaks
August 1, 2014
11:10 EDTSUNE, YELPStocks with call strike movement; YELP SUNE
Yelp (YELP) January 75 call option implied volatility increased 2% to 53, SunEdison (SUNE) January 23 call option implied volatility decreased 2% to 55 according to IVolatility
News For SUNE;YELP From The Last 14 Days
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April 22, 2015
07:11 EDTYELPYelp price target raised to $58 from $50 at Brean Capital
Brean Capital raised its price target on Yelp to $58 from $50 heading into Q1 results. The firm sees potential for upside from its marketing, mobile, sales force, and Yelp platform efforts. Brean Capital reiterated its Buy rating on Yelp shares.
07:11 EDTSUNESunEdison to convert landfill site in Winchendon to 2.6 MW solar power plant
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06:09 EDTSUNESunEdison appoints Pancho Perez as COO
SunEdison announced that Pancho Perez has been appointed to the newly created role of EVP and COO. Perez's appointment extends his role as COO for TerraForm Power to leadership in the same role across the SunEdison platform. Perez has previously served as president of SunEdison Europe, Middle East, and Latin America.
April 21, 2015
07:16 EDTSUNESunEdison and TerraForm close financing for portfolio of 97 MW of solar projects
SunEdison (SUNE) and TerraForm (TERP) announced that they have closed financing of a 97 megawatts DC portfolio of utility-scale photovoltaic solar projects in the UK that were connected during the first quarter of 2015. The portfolio is comprised of eight large-scale solar farms across England and Wales that will have the combined capacity to power nearly 30,000 homes per year. Individual project size varies from 6 to 19 MW. Financing for the construction of the solar farms has been provided by Bayerische Landesbank, which provided a GBP 84.6 million non-recourse loan. EDF Energy, the UK's largest producer of low-carbon electricity, will purchase the solar energy under a 15-year power purchase agreement with SunEdison. As announced on March 31, 2015, TerraForm Power has acquired plants with a capacity of 53 MW from this portfolio. It intends to acquire the remaining 44 MW, currently included on SunEdison's Call Right Project List for TerraForm Power, during the second quarter of 2015.
April 17, 2015
08:06 EDTYELPRecent developments positive for Yelp, says Wunderlich
Wunderlich says recent developments on the legal and regulatory fronts as well as enhanced search capabilities should be positive for Yelp's (YELP) outlook. The firm believes the European Commission's charges against Google (GOOG) should help Yelp's traffic overseas. It also views the Supreme Court of Virginia's decision yesterday to protect users' rights to free speech and anonymity online as positive for Yelp's reviewers and community. Further, it points out Yelp introduced a new search tool for restaurant reservations and takeout/delivery food, which it thinks will help the user experience and potential ad targeting. Wunderlich keeps a Buy rating on Yelp with a $90 price target.
April 16, 2015
13:45 EDTYELPVirginia court says Yelp does not need to disclose reviewer identity, WSJ says
Virginia's highest court ruled that Yelp does not need to reveal the identity of reviewers that were accused by a small business owner of posting fraudulent negative reviews about his business, says the Wall Street Journal. Reference Link
11:27 EDTSUNESunEdison initiated with an Outperform at Avondale
Target $35.
April 14, 2015
11:16 EDTYELPCredit Suisse's top Internet picks
Credit Suisse's top large-cap Internet picks remain Amazon.com (AMZN) for operating margin expansion and normalizing International growth, Facebook (FB) for underestimated long-term monitization potential from growing new products, and Google (GOOGL) for a slowdown in capex and narrowing of the mobile-desktop monetization gap. The firm's top small-cap picks are LinkedIn (LNKD) for the ramp of Sales Navigator and acceleration of Marketing Solutions and Yelp (YELP) because of reduced churn and increasing mobile traffic growth and ARPU.

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