SunPower Corporation (NASDAQ:SPWR) [Trend Analysis] climbed reacts as active mover, shares a gain 1.65% to traded at $8.31 and the percentage gap among open changing to regular change was -0.37%. SunPower Corp. released that it will buy AUO’s portion of the two companies’ joint venture which manufactures solar cells at an 800 megawatt (MW) fabrication facility in Melaka, Malaysia. As per the stock purchase contract, SunPower will pay AUO $170 million over the next four years. SunPower has also inked a supply contract with AUO for 100 MW of SunPower’s E-series solar panels. AUO also will remain a wafer supplier to SunPower.
The transaction resolves a dispute among the two companies. SunPower plans to eventually upgrade the Melaka facility, which has been recognized by the International Energy Agency for its superior energy-efficient design and Leadership in Energy and Environmental Design (LEED) acknowledgement. The facility comprises infrastructure built to allow for important future capacity growth. The firm’s current ratio calculated as 1.90 for the most recent quarter. The firm past twelve months price to sales ratio was 0.74 and price to cash ratio remained 1.96. As far as the returns are concern, the return on equity was recorded as -24.10% and return on investment was -8.50% while its return on asset stayed at -7.00%. The firm has total debt to equity ratio measured as 1.71.
Healthways, Inc. (NASDAQ:HWAY) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -1.17% to $25.28. Healthways (HWAY) appointedPaul Edmisten Chief Information Officer, plans to announce a new COO in the coming weeks, current COO to transition to Executive Advisor to the CEO. Paul Edmisten has been appointedChief Information Officer. Edmisten has served as the interim chief information and technology officer at Healthways for 12 months in a consulting role. Healthways conducted an executive search for the Chief Operating and Product Officer, and expects to announce the new officer in the coming weeks. Current Network Solutions Chief Operating Officer Joy Powell will transition to Executive Advisor to the CEO. As a result of Healthways, Inc.’s strategic direction and organizational alignment, Sid Stolz, President of Network Solutions, left the co effective Sept 15, 2016. The share price of HWAY attracts active investors, as stock price of week volatility recorded 3.84%. The stock is going forward to its 52-week low with 175.02% and lagging behind from its 52-week high price with -7.52%.
Colgate-Palmolive Co. (NYSE:CL) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.10% to close at $72.55 with the total traded volume of 123210 shares. The firm has institutional ownership of 75.40%, while insider ownership included 0.30%. Its price to sales ratio ended at 4.18. CL attains analyst recommendation of 2.80 with week performance of 0.89%.