Mergers & Acquisitions

SunEdison Strengthens US Residential Sales Engine With PPA Product Launch, Expanded Channel and Sales Platform, and Tax Equity Financing From Morgan Stanley

SunEdison Strengthens US Residential Sales Engine With PPA Product Launch, Expanded Channel and Sales Platform, and Tax Equity Financing From Morgan Stanley – SunEdison launches power purchase agreement (PPA) product across seven US states – Tax equity financing immediately available for the PPA product from Morgan Stanley – TerraForm Power to acquire residential power plants upon completion as long-term asset owner – Channel reach expanded with SunEdison’s acquisition of LightWing, a comprehensive solar platform solution for utilities and retail energy providers – Sales capabilities strengthened by SunEdison’s exclusive partnership with Evolve Solar, one of the nation’s largest solar resellers PR Newswire BELMONT, Calif., May 5, 2015 BELMONT, Calif. , May 5, 2015 /PRNewswire/ — SunEdison, Inc. […]

Stock Analysts

Sempra Energy Beats Q1 Earnings Estimates, Reaffirms View

Sempra Energy ’s SRE first-quarter 2015 adjusted earnings per share came in at $1.71, ahead of the Zacks Consensus Estimate of $1.40 by 22.1%. Earnings also soared 66% from $1.03 per share in the prior-year quarter, primarily due to seasonal adjustment at the company’s subsidiary Southern California Gas Co. (SoCalGas) […]

Stock Analysts

Jarden Up 5% on Ackman’s Comments at Ira Sohn Conference

Shares of Jarden Corp. JAH rose more than 5% in after-hours trade following activist investor Bill Ackman’s comment that the global consumer products maker’s shares were “perpetually undervalued.” Ackman’s bullish comments came at the annual Ira Sohn Conference, held on May 4 this year. The hedge fund manager of Pershing Square reportedly praised the company’s founder and Chairman Martin Franklin as being "incredible" in building Jarden which has been perennially undervalued by the market. […]