On Thursday, Shares of Sunedison Inc (NYSE:SUNE), lost -5.66% to $9.17. The stock attained the volume of 37.99 million shares.
SunEdison, Inc. (SUNE), the largest global renewable energy development company, recently declared the completion of two solar power systems totaling 1,280 kilowatts (kW) AC. The systems were developed for the Metropolitan Council of the Twin Cities’ waste water treatment plant in partnership with Oak Leaf Energy Partners, a leading national solar developer. SunEdison constructed and financed the installations and will be the long-term owner and operator of the systems.
The construction of the solar systems was funded in part by a $2 million grant from the Xcel Energy Renewable Development Fund. The fund is designed to sponsor projects that improve the environment, enhance renewable energy use and create jobs. The grant supports a 1,000 kW solar system for the liquid treatment facility of the plant and another 280 kW solar system for the on-site sludge drying facility, bringing the total installed solar capacity at the wastewater treatment plant to 1,280 kW.
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.
At the end of Thursday’s trade, Shares of Denbury Resources Inc. (NYSE:DNR), inclined 12.06% to $3.86.
It traded in a range of $3.27 and $3.92, exchanging hands with 15.61 million shares.
The stock is down -70.80% in this year through last close. In the trailing twelve months, net profit margin of the company was -34.60% while gross profit margin was 99.10%.
Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. The company primarily focuses on improved oil recovery utilizing carbon dioxide.
Finally, Shares of Gilead Sciences, Inc. (NASDAQ:GILD), ended its last trade with 0.54% gain, and closed at $100.81.
The stock, after recent close, is -6.52% below their SMA 50 and -2.62% from SMA20 and is -4.96% below than SMA200. 83.40% shares of the company were owned by institutional investors. The company has 5.07 value in price to sale ratio while price to book ratio was recorded as -9.11. It beta stands at 0.83.
Drugmakers in India are hard at work engineering hepatitis C combination pills impossible in western nations due to patent protections, according to Bloomberg.
New antiviral medications from Gilead Sciences Inc. and Bristol-Myers Squibb Co. have transformed the way hepatitis C is treated, making it a curable disease. Treatment regimens combining Bristol-Myers’ Daklinza with Gilead’s Sovaldi were approved by European authorities as effective against most strains of the hepatitis C virus, but a combination pill can’t be manufactured because the two companies haven’t collaborated on making one.
In 2001, before India started recognizing product patents, India’s Cipla Ltd. revolutionized the treatment of HIV by making the first pill that combined three different therapies, patented by three different western drugmakers. Now, generic drugmakers in India are working on a one-pill cocktail of the ingredients in Daklinza and Sovaldi that could compete with blockbuster Gilead drugs. Bloomberg Reports
Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines in areas of unmet medical need in North America, South America, Europe, and the Asia-Pacific. The company’s products comprise Stribild, Complera/Eviplera, Atripla, Truvada, Viread, Emtriva, Tybost, and Vitekta for the treatment of human immunodeficiency virus (HIV) infection in adults; and Harvoni, Sovaldi, Viread, and Hepsera products for the treatment of liver disease.
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