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Monday 3 August 2015
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Active Stocks on the Move: SunEdison, Inc. (NYSE:SUNE), Starbucks Corporation (NASDAQ:SBUX), Lowe’s Companies Inc. (NYSE:LOW)

On Wednesday, Shares of SunEdison, Inc. (NYSE:SUNE), lost -0.97% to $25.55.

SunEdison declared that it has secured financing and started construction on the 110-megawatt (MW) DC Quilapilun solar power plant in the Metropolitan Region of Chile. Once accomplished, the power plant will be SunEdison’s first solar project in Santiago and is predictable to be its largest solar project in Latin America.

The energy produced by the solar plant is predictable to be sold to the regulated market through long-term power purchase agreements with local electricity suppliers. The energy will supply the Sistema Interconectado Central (SIC) as part of the 570 gigawatt hour (GWh) contract awarded to SunEdison by the Chilean National Energy Commission in December, 2014.

SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials.

Shares of Starbucks Corporation (NASDAQ:SBUX), inclined 0.65% to $57.51, during its last trading session.

Starbucks Corporation stated financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended June 28, 2015. Q3 FY15 GAAP results comprise Starbucks Japan acquisition-related items, which are excluded from the non-GAAP results.

Q3 Fiscal 2015 Highlights:

  • Global comparable store sales raised 7%, driven by a 4% enhance in traffic
  • Americas comp sales raised 8%, driven by a 4% enhance in traffic
  • China/Asia Pacific comp sales raised 11%, driven by a 10% enhance in traffic
  • EMEA comp sales raised 3%, driven by a 2% enhance in traffic
  • Merged net revenues raised 18% over Q3 FY14 to a quarterly record $4.9 billion
  • Merged operating income up 22% to $938.6 million
  • Non-GAAP operating income up 24% to $950.1 million
  • Merged operating margin expanded 70 basis points to 19.2%
  • Non-GAAP operating margin raised 100 basis points to 19.5%
  • GAAP earnings raised 21% over Q3 FY14 to $0.41 per share
  • Non-GAAP earnings raised 24% over Q3 FY14 to $0.42 per share
  • Starbucks Mobile Order & Pay expanded to over 4,000 U.S. company-operated stores in Q3; full deployment to all U.S. company-operated stores by holiday
  • 431 net new stores opened in the quarter; total store count reaches 22,519
  • Year over year comparable store customer transactions raised nearly 18 million in the U.S. and over 23 million globally.

Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development.

Finally, Lowe’s Companies Inc. (NYSE:LOW), ended its last trade with 1.39% gain, and closed at $68.74.

Lowe’s Companies and Hitachi Power Tools declared the introduction of the industry leading line of professional grade Hitachi pneumatic nailers and fasteners exclusively at Lowe’s stores nationwide and online at Lowes.com. Lowe’s now offers the broadest selection of Hitachi power tools, with a lineup of tools the pros prefer most with the latest innovations that deliver lighter, faster and more durable products. The new Hitachi Power Tool displays are joining the existing lineup of Hitachi tools at Lowe’s and are rolling out to stores this month.

To make the shopping experience simpler for consumers, Hitachi pneumatics will be featured in a dedicated brand display with color-coded nailers, associated fasteners and accessories located directly below the coordinating tools for efficiency. Pro and DIY consumers alike will find raised on-hand availability and the diversity of tool selection needed to tackle any pneumatic tool and fastener application. The Hitachi fasteners will also be clearly labeled by the local building codes for quick and easy identification.

Hitachi provides leading heritage in wood-to-wood construction and has a long-standing reputation with the pro. Building professionals know Hitachi for residential construction as the market leader for more than 20 years and reach for Hitachi tools when durability and performance can’t be sacrificed.

Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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