Dish Network Corp. Surges on Merger Talks with DirecTV; ReneSola Stops Select Shipments to the U.S.


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NYSE:EMC / NASDAQ:DISH / PK:MYEC / NYSE:SOL
03/27/2014 [ACCESSWIRE]

EMC Corporation (NYSE: EMC) – For an in-depth report on EMC Corporation follow: www.BullTrends.com/stockquote/EMC

EMC Corporation closed down about 3% on Wednesday but not before it hit a new yearly high of $28.26. The stock traded nearly 33 million shares. Earlier in the week the company announced a series of senior executive appointments in support of the EMC Information Infrastructure business. EMC Information Infrastructure is one of the three businesses along with VMware and Pivotal under the EMC Corporation federated business model.

Dish Network Corp. (NASDAQ: DISH) - For an in-depth report on Dish Network Corp. follow: www.BullTrends.com/stockquote/DISH

Shares of Dish Network Corp. closed up 6.28% on about 15.2 million shares traded on Wednesday. The stock hit a new yearly high of $63.98 during intra-day trading. CEO Charlie Ergen recently contacted Mike White, the head of DirecTV (DTV), to discuss merging the 2 satellite TV companies according to Bloomberg News, citing unnamed sources. Both companies' stocks surged in response.

MyECheck, Inc. (OTC: MYEC) - For an in-depth report on MyECheck, Inc. follow: www.BullTrends.com/stockquote/MYEC

Shares of MYEC closed up 45.63% on about 36 million shares, making it one of the biggest gainers in the OTC market as well as one of the most active stocks. On March 19th, the electronic payment solutions provider and the leader in fully electronic check technology, launched a new payment platform for real-time government account to government account payments. MyECheck G-Pay service is the only fully electronic payment service that is capable of processing fully electronic transfers from government owned bank accounts.

ReneSola Ltd. (NYSE: SOL) - For an in-depth report on ReneSola Ltd. follow: www.BullTrends.com/stockquote/SOL

Shares of SOL closed down 14.03% on about 8.2 million shares traded. The stock was one of the biggest decliners on the NYSE after the company announced it was stopping select shipments to the U.S. The company has been chosen as a respondent to the Department of Commerce's anti-dumping investigation on photovoltaic products from China. Management said it is cooperating but also halting shipments to the U.S. of products that are within the scope of the probe.

 

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