DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering Market Movers: Evergreen Solar Inc. (Nasdaq: ESLR), Popular Inc. (Nasdaq: BPOP), AgFeed Industries Inc. (Nasdaq: FEED), Flextronics International Ltd. (Nasdaq: FLEX), JDS Uniphase Corp. (Nasdaq: JDSU) and Virgin Media Inc. (Nasdaq: VMED).
In the Trade Alert, the author highlights Evergreen Solar’s joint venture delays plans for an initial public offering:
“Evergreen Solar Inc. (ESLR) shares closed Monday at $2.87, up 2.14% from its previous close of $2.81. Evergreen Solar develops, manufactures and markets solar power products primarily in Europe and the United States. … According to reports, EverQ, the joint venture between Evergreen Solar, Q-Cells and Renewable Energy Corp., has changed its name and delayed plans for an initial public offering (IPO). … Several months ago, Q-Cells announced preparations would begin immediately for an IPO for EverQ, which is now called Sovello AG. However, the market for solar stocks has fallen considerably in recent months, causing a number of planned IPOs to be shelved. No timeline was given for a future public offering.”
The Trade Alert author also featured Popular receiving $935 million in bailout money:
“Popular Inc. (BPOP) shares closed Monday at $4.90, down 3.54% from its previous close of $5.08. Through its subsidiaries, Popular offers a range of retail and commercial banking products and services in Puerto Rico and the United States. … The government has recently injected $165.3 billion into 87 banks as part its $700 billion financial rescue plan. Under the Troubled Asset Relief Program, Treasury has allocated $250 billion of the bailout funds for capital investments in banks. … In the latest round, Popular got the largest amount, receiving $935 million.”
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