Author Archives: Scalper1

SunEdison, Yieldcos Spike On Slashed Vivint Solar Bid

Bowing to heightened pressure from hedge fund Appaloosa Management, SunEdison (SUNE) cut its bid on Vivint Solar (VSLR) by $2 per share Wednesday, reflecting Vivint Solar’s 23% depression on Wall Street since the original $2.2 billion offer was announced in July. The bid reduction was announced in conjunction with a $250 million loan from Blackstone Group, prompting solar stocks to light up Wednesday on Wall Street. In midday trading on the stock

Apple puts its pay-TV service ambitions on hold

Apple’s (AAPL) on-again-off-again Internet television service is apparently off again. Apple has been in discussions with cable and broadcast TV networks for years about starting a streaming video service. Most rumors have Apple offering a best-of-cable package of channels that would be aimed at cord-cutters and cord-nevers. But content providers have been reluctant to sign agreements with Apple for its skinny TV bundle, which was expected to cost

Can Microsoft Corporation's “Surface Phone” Succeed Where Windows Phones Failed?

Microsoft is reportedly developing a smartphone version of its Surface tablets called the “Surface Phone,” according to insider sources cited by Windows Central. Surface VP Panos Panay and his team reportedly inherited the project after Microsoft