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Wednesday 22 April 2015
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Pre-Market Investor’s Alert - ReneSola Ltd. (NYSE:SOL), Banro Corporation (NYSEMKT:BAA), GFI Group Inc. (NYSE:GFIG), Qunar Cayman Islands Limited (NASDAQ:QUNR)

On Friday, Following Stocks were among the “Top 100 Gainers” of U.S. Stock Market: ReneSola Ltd. (NYSE:SOL), Banro Corporation (NYSEMKT:BAA), GFI Group Inc. (NYSE:GFIG), Qunar Cayman Islands Limited (NASDAQ:QUNR)

ReneSola Ltd. (NYSE:SOL), with shares inclined 9.46%, closed at $1.62.

Banro Corporation (NYSEMKT:BAA), with shares jumped 11.78%, settled at $0.22.

GFI Group Inc. (NYSE:GFIG), with shares climbed 8.95%, and closed at $6.21.

Qunar Cayman Islands Limited (NASDAQ:QUNR), surged 8.71%, and closed at $36.71, hitting new 52-week high of $36.83.

Latest NEWS regarding these Stocks are depicted underneath:

ReneSola Ltd. (NYSE:SOL)

Formerly on March 11, ReneSola Ltd. (SOL), a leading brand and technology provider of energy efficient products, stated that the European Commission has notified the Corporation regarding a potential compliance issue with the undertaking contract, mainly due to the impracticality of monitoring the Corporation’s OEM producers and undertaking practice.

ReneSola has fully complied with the undertaking contract and worked diligently with the European Commission to demonstrate its compliance with the practice of the undertaking contract. According to standard procedure, ReneSola has the opportunity of commenting and providing supporting evidence to the issues raised by the European Commission. The Corporation intends to fully cooperate with the process and address any concerns or misunderstanding.

ReneSola Ltd, through its auxiliaries, manufactures and sells various solar power products. It operates through two segments, Wafer, and Cell and Module. The corporation offers virgin polysilicon; mono crystalline and multi crystalline solar wafers; and photovoltaic cells. It also provides mono crystalline and multi crystalline solar modules for use in various residential, commercial, industrial, and other solar power generation systems.

Banro Corporation (NYSEMKT:BAA)

Formerly on March 12, Banro Corporation (BAA), stated that, further to its February 27, 2015 press release declaring the Corporation’s US$100 million financing, it has mailed to holders of the Corporation’s outstanding 10% senior secured notes a consent solicitation statement and accompanying consent form.

According to February 27, 2015 press release, Banro closed first tranche of financing for US$20 million on Twangiza gold forward sale, with US$80 million balance of financing predictable to close in April. - Namoya agglomeration drum delivered to site, installed and in operation. - Banro commences consent solicitation to implement certain amendments to its Note Indenture.

Banro Corporation, together with its auxiliaries, engages in the exploration, development, and mining of gold properties. The corporation holds a 100% interest in 4 gold properties, counting Twangiza, Namoya, Lugushwa, and Kamituga comprising 13 exploitation permits that cover an area of about 2,612 square kilometers in the South Kivu and Maniema provinces of the Democratic Republic of the Congo.

GFI Group Inc. (NYSE:GFIG)

GFI Group Inc. (GFIG), declared that it intends to voluntarily delist and deregister its ordinary stock.

Reasons for, and Timing of, Delisting and Deregistering:

The Corporation has presented written notice to the New York Stock Exchange of its intention to voluntarily delist and deregister the ordinary stock under the Securities Exchange Act of 1934, as amended. The delisting is predictable to become effective 10 days after the filing of the required Form 25 with the Securities and Exchange Commission. GFI subsequently anticipates to no longer have obligations to file SEC reports with respect to its ordinary stock. However, the Corporation intends to make voluntary SEC filings with respect to its 8.375% Senior Notes due July 2018 in compliance with its obligations under the related indenture.

GFI Group Inc., through its auxiliaries, provides brokerage, trading technologies, and support services for over-the-counter and listed markets in the United States, the United Kingdom, and internationally.

Qunar Cayman Islands Limited (NASDAQ:QUNR)

Qunar Cayman Islands Limited (QUNR), declared that the corporation’s CEO, Chenchao (CC) Zhuang, has been named among the World Economic Forum’s Young Global Leaders (YGLs) for 2015. Mr. Zhuang was one of 187 business leaders, chosen from a global pool of 2000 entrepreneurs under the age of 40, recognized by the WEF for their outstanding professional accomplishments and tangible contributions to their countries and industries.

The World Economic Forum lists 11 heads of state and government, 10 heads of Fortune 500 companies, 15 UN Goodwill Ambassadors, six Guinness World Record holders, four Oscar winners, three Olympic gold medalists, two Nobel Prize winners and an astronaut among its current and former YGLs.

“The YGLs comprise the world’s most pioneering, next-generation leaders who have developed in their journey to produce positive, tangible influences in their countries, industries and societies,” said John Dutton, Director and Head of the Young Global Leaders Community at the World Economic Forum. “The class of 2015, together with the community over the past 10 years, shows how the future of business and public leadership is becoming more gender-equal, more geographically diverse, more varied in its expertise and is challenging established ways to get things done.”

Qunar Cayman Islands Limited operates online travel commerce platform for travel service providers (TSPs) and display advertisers in the People’s Republic of China. It enables people to find best-value deals through aggregating and processing travel product information from TSPs, into an organized and user-friendly display through its proprietary technology.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

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.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




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