Author Archives: Scalper1

SunPower Bucks Yieldco Trend, Vaults SunEdison Flames

SunPower (SPWR) stock vaulted the flames scorching SunEdison (SUNE), TerraForm Power and TerraForm Global stocks on Thursday after issuing 2016 sales guidance that beat Wall Street views. In midday trading Thursday, SunPower stock bucked a three-day downtrend and was up more than 1.5%, near 26. Meanwhile, shares of SunEdison and spinoffs TerraForm Power (TERP) and TerraForm Global (GLBL) were down 0.4%, 3.5% and 7%, respectively. On Thursday,

Mylan, Perrigo Face Off As Takeover Vote Nears

The war of words heated up between generic drug makers Mylan (MYL) and Perrigo (PRGO) this week as both companies strove to win a shareholder vote set for Friday on Mylan’s hostile takeover attempt. Mylan first proposed buying Perrigo back in April for $60 in cash plus 2.2 Mylan shares for each Perrigo share, which it later lifted to $75 a share plus 2.3 Mylan shares — at the time, about $36 billion. By the time Mylan launched its tender offer on

Comcast Licenses X1 Video To Cox, First Cable Deal

Comcast (CMCSA) has scored its first licensing deal for “X1” video technology with Cox Communications, the third-biggest cable TV company. Comcast in 2015 has sped up the deployment of Internet-ready, X1 set-top boxes within its own service footprint, aiming to cut down on cord-cutting — customers substituting online video for pay-TV. Comcast sells its own broadband, video and phone services under the Xfinity brand. Privately-held Cox, owned by