STMicroelectronics (NYSE:STM) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.04 by 11.54 percent. This is a 127.45 percent increase over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $4.32 billion which beat the analyst consensus estimate of $4.24 billion by 1.91 percent. This is a 35.16 percent increase over sales of $3.20 billion the same period last year.
HSBC Initiates Coverage On JinkoSolar Holding Co with Buy Rating, Announces Price Target of $76
HSBC analyst Daniel Yang initiates coverage on JinkoSolar Holding Co (NYSE:JKS) with a Buy rating and announces Price Target of $76.
