Tag Archives: bad-request

Solar Energy Firm 8Point3 Raises $420 Million In IPO

Solar company 8point3 Energy Partners (CAFD) raised $420 million Thursday evening, pricing 20 million shares at 21, the high point of its estimated range. The pricing was reported by research firm IPOboutique.com. The stock will begin trading Friday on the Nasdaq exchange. 8Point3 is described as a growth-oriented limited partnership formed by First Solar (FSLR) and SunPower (SPWR) to own, operate and acquire solar energy generation projects. In

E3 winners and losers: Wall Street edition

The Force was strong with Electronic Arts (EA) at the E3 video game show this week in Los Angeles. Among the major publicly traded game companies, EA stock got the biggest lift from the annual trade show, which ended Thursday. Electronic Arts shares were up 4% from the start of the week through the close of E3, thanks to major positive buzz about its upcoming game “Star Wars: Battlefront.” EA has three new “Star Wars” games coming out that seek to capitalize on excitement surrounding the latest movie in the space adventure series. The Walt Disney (DIS) movie, “Star Wars: The Force Awakens,” is due to open on Dec. 18. EA could sell 9.5 million units of “Star Wars: Battlefront” in its fiscal 2016, which ends March 31, said Piper Jaffray analyst Michael Olson. “We spent hands on time with ‘Star Wars: Battlefront’ and came away impressed,” Olson said in…

Q&A With Top-Rated Chinese Gaming Site NetEase

Chinese gaming site NetEase (NTES) has a highest-possible IBD Composite Rating of 99. It’s on the IBD 50 list of leading stocks, and its shares hit a new all-time high on Wednesday. At E3, the Electronic Entertainment Expo, IBD got some insight about the company’s success from its North America studio GM, David Ting. Rather than build a market from scratch, NetEase looks for mature markets for its products, according to Ting. Take mobile gaming,