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Friday 31 July 2015
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Friday’s Trade Stocks Highlights: SunPower Corporation (NASDAQ:SPWR), West Corp (NASDAQ:WSTC), ParkerVision, Inc. (NASDAQ:PRKR), Sigma Designs Inc (NASDAQ:SIGM)

On Friday, Shares of SunPower Corporation (NASDAQ:SPWR), lost -2.55% to $30.17.

SunPower Corporation, declared a major new philanthropic initiative in partnership with GRID Alternatives, the nation’s largest non-profit solar installer. The Solar Futures program will expand on GRID Alternatives’ work in high schools, providing both classroom and hands-on solar training to K-14 students, with a focus on high school juniors and seniors. SunPower is donating 1 megawatt of high efficiency solar panels and inverters – enough to power about 300 homes - to underwrite the program and continue the company’s long-time support of GRID Alternatives’ work providing solar power and job training in underserved communities.

“Real change starts with our youth which is why SunPower invests in solar and STEM (science, technology, engineering and math) education initiatives at schools around the world, assisting students experience the technology first-hand and learn about diverse career paths accessible to them in the growing renewable energy sector,” said Tom Werner, SunPower president and CEO. “We look forward to working with GRID Alternatives on the Solar Futures program, building on our combined expertise bringing solar from rooftops to classrooms.”

SunPower Corporation designs, manufactures, and delivers solar systems to residential, commercial, and utility-scale power plant customers worldwide. The company offers solar power components, counting panels, balance of system components, and inverters.

Shares of West Corp (NASDAQ:WSTC), declined -0.26% to $30.62, during its last trading session.

West Corp, declared the closing of the formerly declared underwritten public offering of 7,000,000 shares of common stock by certain of its existing stockholders at a public offering price of $30.75 per share. The underwriter of the offering has a 30-day option to purchase up to an additional 1,050,000 shares of common stock from the selling stockholders at the public offering price, less underwriting discounts and commissions.

All of the shares of common stock in the offering were sold by investors related to Thomas H. Lee Partners, L.P. and Quadrangle Group LLC. Neither the Company nor the Company’s administration sold any shares of common stock in the offering, and the Company did not receive any proceeds from the offering by the selling stockholders.

West Corporation, together with its auxiliaries, provides technology-enabled communication services in the United States, Canada, Europe, the Middle East, Africa, the Asia-Pacific, Latin America, and South America.

At the end of Friday’s trade, Shares of ParkerVision, Inc. (NASDAQ:PRKR), lost -20.00% to $0.400.

ParkerVision, declared that one of its component products, the PV5870 wide-band IQ demodulator, has been designed into a number of commercial and industrial RF applications. Customer orders will be fulfilled from inventory presently accessible from the Company’s distribution partner.

Design wins for the PV5870 comprise RF identification (RFID) products, satellite receivers, and avionics test equipment. The PV5870 is presently being evaluated by additional customers for a wide-range of high-performance commercial applications.

ParkerVision, Inc. designs, develops, and markets proprietary radio frequency (RF) technologies and products for use in semiconductor circuits for wireless communication products in the United States.

Finally, Sigma Designs Inc (NASDAQ:SIGM), ended its last trade with -5.40% loss, and closed at $11.56.

Sigma Designs Inc, declared the launch of Version 6.6 software development kit which comprises advanced system diagnostics and enhancements to the Installation and Maintenance Application (IMA) tool that is widely used to shorten installation time for service providers. The new SDK delivers tools to enable more efficient installations and has the foundation to support UL approval using the enhancements to the received signal strength indicator.

Z-Wave enabled Smart Home Lifestyle features are creating momentum in the Telco and security industries and have created new revenue streams and profits for those sectors. According to Tom Kerber, Director of Research at Parks Associates “Z-Wave is the dominant technology in the leading channel providing smart home control systems, the security channel. In 2014, over 30% of new professionally monitored security systems were installed with a home control device.”

Sigma Designs, Inc., an integrated semiconductor solutions provider, provides intelligent media platforms for use in the home entertainment and home control markets. Its media processor product line comprises a range of platforms that are based on integrated chips, embedded software, and hardware reference designs.

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