On Wednesday, Following Stocks were among the “Top Losers” of U.S. Stock Market: Real Goods Solar, (NASDAQ:RGSE), Scorpio Bulkers, (NYSE:SALT), The Macerich Corporation, (NYSE:MAC), E-Commerce China Dangdang, (NYSE:DANG)
Real Goods Solar, (NASDAQ:RGSE), with shares declined -7.03%, closed at $0.25.
Scorpio Bulkers, (NYSE:SALT), with shares dropped -6.75%, settled at $2.21.
The Macerich Corporation, (NYSE:MAC), with shares dipped -6.64%, and closed at $78.73.
E-Commerce China Dangdang, (NYSE:DANG), plummeted -6.60%, and closed at $8.92.
Latest NEWS regarding these Stocks are depicted underneath:
Real Goods Solar, Inc. (NASDAQ:RGSE)
Real Goods Solar, Inc. (RGSE), has stated results for its fourth quarter and full year ended December 31, 2014. The corporation also filed recently its Annual Report on Form 10-K.
Q4 2014 Financial Summary:
- In the fourth quarter of 2014, net proceeds from ongoing operations raised 2.0% to $18.4 million over the same year-ago quarter.
- The residential segment’s average selling price (ASP) on new sales orders rose 20% over the same year-ago quarter and raised 2.3% from the third quarter of 2014. The raise in ASP is primarily due to the corporation’s continued focus on pricing discipline.
- About $4.4 million or 36% of the residential segment’s proceed for the fourth quarter of 2013 was from two states, Missouri and Colorado, which formerly offered attractive incentives to homeowners. With the repeal of these incentives, the proceed from these states in the fourth quarter of 2014 was 0.3% of the residential segment’s proceed. Proceed from Missouri and Colorado reduced $0.3 million in the fourth quarter as compared to the third quarter. Proceed from the Sunetric segment was $5.9 million in the fourth quarter, as compared to none for the same year-ago quarter, as Sunetric was attaind in the second quarter of 2014.
- Progress on transformative initiatives:
- Sales orders for E-sales raised 77% to $3.8 million over the same year-ago quarter and about the same amount as the third quarter of 2014.
- Sales orders for leasing were $1.4 million, for the second full quarter of leasing operations, an raise of $0.2 million from the third quarter of 2014.
- The corporation installed solar equipment on 496 roofs in the fourth quarter, as contrast to 573 installations in the same year-ago quarter. The decline in rooftop installations is due to the reduction in the Missouri and Colorado markets, limited availability of solar panels due to reductions in vendor terms, and adverse weather in the East Coast, where the corporation has its largest backlog. Installations in Hawaii were adversely influenced by interconnection approval delays by the utilities.
- Loss from ongoing operations raised $11.1 million to a loss of $13.4 million for the quarter as compared to the same year-ago quarter.
Real Goods Solar, Inc. operates as a residential and commercial solar energy engineering, procurement, and construction corporation in the United States. It provides commercial and residential solar energy solutions.
Scorpio Bulkers Inc. (NYSE:SALT)
Danaos Corporation (NYSE: DAC), Navigator Gas (NYSE: NVGS), Navios Maritime Acquisition Corporation (NYSE: NNA) Scorpio Bulkers Inc. (SALT), StealthGas Inc. (NASDAQ: GASS), and Euroseas Ltd. (NYSE: ESEA) are among the shipping companies that participated at Capital Link’s 9th Annual International Shipping & Offshore Forum taking place on Monday, March 23, 2015 at the Metropolitan Club in New York City.
Scorpio Bulkers Inc., together with its auxiliaries, is engaged in the marine transportation of dry bulk commodities. The corporation has 19 time chartered-in dry bulk vessels comprising 1 Handymax, 1 Ultramax, 3 Supramax, 4 Panamax, 7 Kamsarmax, and 3 Post-Panamax vessels.
The Macerich Corporation (NYSE:MAC)
The Macerich Corporation (MAC), declared that its Board of Directors unanimously rejected Simon Property Group, Inc.’s (SPG) revised, unsolicited proposal to attain the Corporation for $95.50 per share in cash and stock. The Macerich Board carefully reviewed the revised proposal with the assistance of its financial, real estate and legal advisors, and determined that the proposal continues to substantially undervalue Macerich and that pursuing the projected transaction at this time is not in the best interests of Macerich and its stockholders.
The Macerich Corporation is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in attainment, ownership, development, redevelopment, administration and leasing of regional and community shopping centers located throughout the United States. The Macerich Corporation was founded in 1964 and is headquartered in Santa Monica, California with additional offices in Phoenix, Arizona; Dallas, Texas; Pittsford, New York.
E-Commerce China Dangdang Inc. (NYSE:DANG)
E-Commerce China Dangdang Inc. (DANG), declared its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2014.
Net Revenue for the fourth quarter of 2014 was RMB32.8 million ($5.3 million), or 1.3% of total net proceeds, representing an raise of 51.4% from RMB21.7 million in the fourth quarter of 2013, or 1.1% of total net proceeds.
Net revenue in fiscal year 2014 was RMB88.1 million ($14.2 million), contrast to a net loss of RMB142.9 million in 2013.
“2014 was a year of great progress on all fronts. We grew the top line by a healthy rate and posted a full year of profitability. Our principal business is thriving and the third party marketplace continues to perform well. We strengthened our position as the dominant player in China’s books and media market while improving our gross margin. We have a fresh new brand image and slogan ‘dare to do, and dare to be’ which reflects our commitment to offering authentic, high-quality products to earn our customers’ trust and recognition. We continue to enjoy strong growth momentum in Mobile Dangdang,” said Ms. Peggy Yu Yu, Executive Chairwoman of Dangdang.
E-Commerce China Dangdang Inc. operates as a business-to-consumer e-commerce corporation in the People’s Republic of China. It primarily sells books, audio-visual products, periodicals, consumer electronics, and electronic publications through its Website dangdang.com.
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