President and CEO of the Federal Reserve Bank of San Francisco, John Williams, said he believed the federal funds rate should be lifted before inflation reached the Fed’s preferred 2 percent aim in a speech delivered in Honolulu Thursday.
Dallas Fed President Richard Fisher is also due to speak on the state of the economy in Dallas later on Friday.
Following U.S. Stocks from Technology Sector are among the Top Losers during the recent trade: Vivint Solar Inc (NYSE:VSLR), Advanced Micro Devices, Inc (NASDAQ:AMD), AT&T Inc (NYSE:T), Groupon Inc (NASDAQ:GRPN)
Their insights are depicted underneath:
Vivint Solar Inc (NYSE:VSLR)’s shares declined -6.17%, and is now trading at $10.64.
Vivint Solar Inc (VSLR), declared financial results for the fourth quarter and year ended December 31, 2014.
Full Year 2014 GAAP Financial Results:
Summary GAAP financial results for the full year ended December 31, 2014 comprise:
- Operating Leases and Incentives Proceed was $21.7 million, up 270% from $5.9 million in 2013. Total proceed for the year was $25.3 million, up 309% from $6.2 million in the preceding year.
- Cost of Proceed – Operating Leases and Incentives was $68.0 million in 2014, up from $19.0 million in 2013.
- Total Operating Expenses, counting cost of proceed, were $187.6 million in 2014, contrast to $57.5 million in 2013. Operating expenses comprised of non-cash stock-based compensation expense of $23.7 million and amortization of intangibles of $15.0 million.
- Loss from Operations was $162.3 million contrast to $51.3 million in 2013.
- GAAP Net Loss Attributable to Stockholders per Share was ($0.35).
- Non-GAAP Loss Before Non-Controlling Interests and Redeemable Non-Controlling Interests per Share was ($1.99).
Vivint Solar is a leading provider of distributed solar energy systems – electricity generated by a solar energy system installed at a customer’s location – to residential customers in the United States. Vivint Solar’s customers pay little to no money upfront, receive noteworthy savings relative to utility generated electricity rates and continue to benefit from guaranteed energy prices over the 20-year term of their contracts.
Advanced Micro Devices, Inc (NASDAQ:AMD), dipped -2.35%, and is now trading at $2.91. The stock has the beta value of 2.24, and its volatility for the week is 3.41%, while for the month it is 4.07%. The company has the market capitalization of $2.32B. The mean recommendation of analysts for this stock is 3.20.(where 1=Buy, 5=Sale).
Advanced Micro Devices, Inc. operates as a semiconductor corporation worldwide. The corporations products primarily comprise x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products.
AT&T Inc (NYSE:T), dropped -1.56%, and is now trading at $33.47.
Apple Inc. (AAPL) will replace AT&T Inc. (NYSE:T) in the Dow Jones Industrial Average (DJIA) after the close of trading on Wednesday, March 18. The change will be effective with the opening of trading on Thursday, March 19. The index change was prompted by Visa Inc.’s (NYSE:V) 4:1 stock split which is planned to be effective at the same time. The post-split adjusted lower price of Visa will reduce the weighting of the Information Technology sector in the index. Adding Apple to the index will assist to partially offset this reduction. In price weighted indices such as the DJIA, a large change in price of a high priced stock can have a material influence on sector representation in the index and this index change is designed to minimize that influence. The Telecommunication Services sector will continue to be represented in the DJIA by Verizon Communications Inc. (VZ).
AT&T Inc. provides telecommunications services in the United States and internationally. The corporation operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
Groupon Inc (NASDAQ:GRPN), dwindled -0.88%, and is now trading at $7.87.
Formerly on February 26, Groupon, Inc. (GRPN), unveiled its most delectable event of the year, Taste of Groupon: a food-focused collection filled with top restaurants across the nation. Groupon will also be donating one meal to Feeding America for every Food and Drink offer purchased in the collection, with the aim of reaching 500,000 meals donated. Whether it’s an exquisite charcuterie spread or the most succulent burger around, diners are assisting fight hunger with every purchase.
Groupon (GRPN) is a global leader of local commerce and the place you start when you want to buy just about anything, anytime, anywhere. By leveraging the corporation’s global relationships and scale, Groupon offers consumers a vast marketplace of unbeatable deals all over the world. Shoppers discover the best a city has to offer on the web or on mobile with Groupon Local, enjoy vacations with Groupon Getaways, and find a curated selection of electronics, fashion, home furnishings and more with Groupon Goods.
