SunEdison Receives Financing for First Solar Project in the U.K; Lowe’s Companies Announces Buy Back Allowance


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NYSE:SUNE / PK:DEWM / NASDAQ:DLTR / NYSE:LOW
02/27/2014 [ACCESSWIRE]

SunEdison, Inc. (NYSE: SUNE) – For an in-depth report on SunEdison, Inc. follow: www.BullTrends.com/stockquote/SUNE

Shares of SunEdison closed up 9.31% on Wednesday with nearly 25 million shares traded. The stock was one of the biggest gainers in the NYSE and hit a new 52-week high of $18.74 during intra-day trading. The company announced that it has received financing from Deutsche Bank for its first solar projects in the U.K. The solar developer will spend the money it received for four solar parks in Swindon, Wiltshire, north Devon and northern Essex. Combined, the solar parks will total 56 megawatts. SunEdison will complete the projects by the end of March and sell each park to Foresight Solar Fund FSFL.

Dewmar International BMC, Inc. (OTC: DEWM) - For an in-depth report on Dewmar International BMC, Inc. follow: www.BullTrends.com/stockquote/DEWM

Shares of Dewmar International closed down 20.12% on about 340 million shares traded on Wednesday. The stock was one of the biggest decliners in the OTC market despite two announcements this week. The company has received an official certification as a Service-Disabled Veteran-Owned Small Business Concern (SDVBOC) and has secured U.S. Hemp Corporation, Inc. d/b/a United States Hemp Corporation as a wholly-owned subsidiary for the purpose of holding and marketing the future hemp-related assets of Dewmar.

Dollar Tree, Inc. (NASDAQ: DLTR) – For an in-depth report on Dollar Tree, Inc. follow: www.BullTrends.com/stockquote/DLTR

Dollar Tree Inc. closed up 4.95% on Wednesday with about 9.3 million shares traded. The stock was one of the biggest volume advancers on the NASDAQ and closed up higher despite earnings. The company reported lower-than-expected fourth-quarter earnings and sales. The discount retail chain recorded net income of $1.02 a share, 3 cents lower than analysts surveyed by Thomson Reuters had expected. In the three months to Feb. 2, the company generated revenue of $2.23 billion, slightly lower than the year-ago quarter's $2.25 billion and $46.8 million below consensus. Comparable-store sales increased 1.2% over the quarter, adding to a 2.4% increase a year earlier.

Lowe's Companies Inc. (NYSE: LOW) - For an in-depth report on Lowe's Companies Inc follow: www.BullTrends.com/stockquote/LOW

Shares of LOW closed up 5.43% on Wednesday with about 18.6 million shares traded. The stock was one of the most active stocks on the NYSE after posting profits in its fourth quarter and announcing an additional buyback allowance. The second-largest U.S. home improvement retailer reported a 5.6% gain in quarterly sales to $11.66 billion and an 11.5% increase in net income to 29 cents a share. Comparable-store sales jumped 3.9% over the three months to December.

 

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