5 Stocks Under Wall Street’s Radar: TriNet Group, Inc. (NYSE:TNET), Baxalta (NYSE:BXLT), Penn West Petroleum (NYSE:PWE), Foot Locker (NYSE:FL), Canadian Solar (NASDAQ:CSIQ)

Law Offices of Howard G. Smith announces an investigation on behalf of investors of TriNet Group, Inc. (NYSE:TNET). The investigation concerns whether the Company violated specific sections of the Securities Exchange Act of 1934 by issuing materially misleading information regarding its alleged violations of SEC rules. TriNet Group, Inc. (NYSE:TNET) belongs to Services sector. Its net profit margin is 1.30% and weekly performance is -36.24%. On last trading day company shares ended up $16.33. TriNet Group, Inc. (NYSE:TNET) distance from 50-day simple moving average (SMA50) is -39.30%.

Baxalta Incorporated (NYSE:BXLT) confirmed receipt from Shire plc (LSE: SHP, NASDAQ: SHPG) of a highly conditional, unsolicited proposal to acquire all of the outstanding common shares of Baxalta in an all-stock transaction under which Baxalta shareholders would receive for each Baxalta share 0.1687 Shire ADRs. Baxalta Incorporated (NYSE:BXLT) shares advanced 11.92% in last trading session and ended the day at $37.10.

On 04 August, Penn West Petroleum Ltd. (NYSE:PWE) announces on July 30, that the Board of Directors has declared a third quarter 2015 dividend of $0.01 per share to be paid on October 15, 2015 to shareholders of record at the close of business on September 30, 2015. Shareholders are advised that this dividend is designated as an “eligible dividend” for Canadian income tax purposes. Penn West Petroleum Ltd. (NYSE:PWE) belongs to Basic Materials sector. Its weekly performance is 2.40%. On last trading day company shares ended up $1.28. Penn West Petroleum Ltd. (NYSE:PWE) distance from 50-day simple moving average (SMA50) is -23.43%.

On July 30, Foot Locker, Inc. (NYSE:FL) announced the appointment of Pawan Verma as Senior Vice President and Chief Information Officer, effective August 10. Verma succeedsPeter Brown, who retired in April after 38 years with the company. Foot Locker, Inc. (NYSE:FL) ended the last trading day at $71.73. Company weekly volatility is calculated as 1.74% and price to cash ratio as 10.13. Foot Locker, Inc. (NYSE:FL) showed a weekly performance of 3.94%.

On July 30, Canadian Solar Inc. (NASDAQ:CSIQ)announced that the company is the supplier of 1.25 MW AC of 28 kW three-phase inverters to Renewable Solar Energy in central California. These inverters will be used in their three ground mount PV projects in Netto Farms, Tos Farms, and Summer Hill Dairy. Canadian Solar is also the supplier of 1.5 MW DC of Canadian Solar’s CS6X-305P solar panels. By offering inverters and PV panels together as part of a total system solution, this bundling allows Canadian Solar to further enhance their customer support services. Canadian Solar Inc. (NASDAQ:CSIQ) belongs to Technology sector. Its net profit margin is 8.90% and weekly performance is -4.55%. On last trading day company shares ended up $24.57. Canadian Solar Inc. (NASDAQ:CSIQ) distance from 50-day simple moving average (SMA50) is -16.52%.

Leave a Reply

Your email address will not be published. Required fields are marked *