On Thursday, Shares of Macy’s, Inc. (NYSE:M), gained 1.73% to $64.71.
Macy’s, declared the return of “American Icons,” launching next week in celebration of the American landscape and the people, places and things that make this country great. The campaign will kick off with #AmericanSelfie, a social media initiative inspiring customers to share photos of what America means to them, in addition to fashions from celebrated designers and icons, in-store events and a special program in support of America’s veterans.
“American Icons is a meaningful program that offers Macy’s a chance to connect with our customers in celebration of our great country,” said Martine Reardon, Macy’s chief marketing officer. “With #AmericanSelfie, they can show us why they love America while supporting Got Your 6, a nonprofit organization that serves to empower veterans and strengthen communities. We are also rolling out the latest fashion from the country’s most beloved brands and hosting fun summertime events to make this year’s tribute to America more special than ever.”
Macy’s, Inc., together with its auxiliaries, operates stores and Internet Websites in the United States. Its stores and Websites sell a range of merchandise, counting apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods.
Shares of Canadian Solar Inc. (NASDAQ:CSIQ), declined -1.04% to $34.28, during its last trading session.
Canadian Solar, declared its financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Highlights
- Total solar module shipments were 1.23 GW, of which 1.03 GW was recognized in revenue, contrast to 897 MW recognized in revenue in the fourth quarter of 2014, and first quarter guidance in the range of 1.0 GW to 1.03 GW.
- Net revenue was $860.9 million, contrast to $956.2 million in the fourth quarter of 2014 and first quarter guidance in the range of $725 million to $775 million.
- Net revenue from the total solutions business as a percentage of total net revenue was 35.9% contrast to 51.7% in the fourth quarter of 2014.
- Gross margin was 17.8%, contrast to 19.3% in the fourth quarter of 2014 and first quarter guidance in the range of 16% to 18%.
- Net income attributable to Canadian Solar was $61.3 million, or $1.04 per diluted share, contrast to $75.7 million, or $1.28 per diluted share, in the fourth quarter of 2014.
- Cash, cash equivalents and restricted cash balances at the end of the quarter totaled $1.04 billion, contrast to $1.02 billion at the end of the fourth quarter of 2014.
- Net cash generated from operating activities was $124.9 million, contrast to net cash generated from operating activities of $259.1 million in the fourth quarter of 2014.
- During the quarter, the Company closed the sale of three solar power plants in Canada, and connected four solar power plants to the grid in the United Kingdom.
- At the end of the quarter, the Company accomplished the acquisition of Recurrent Energy, LLP (“Recurrent”) from Sharp Corporation, expanding its project pipeline to 8.5 GW.
Canadian Solar Inc., together with its auxiliaries, designs, develops, manufactures, and sells solar wafers, cells, and solar power products worldwide. The company operates in two segments, Module and Energy. Its products comprise various solar modules that are used in residential, commercial, and industrial solar power generation systems.
Finally, Altera Corp. (NASDAQ:ALTR), ended its last trade with 0.95% gain, and closed at $44.60.
Altera Corporation, will demonstrate its FPGAs and software development tools for intelligent vision-related systems design at the Embedded Vision Summit on May 12, at the Santa Clara Convention Center. The event is organized by the Embedded Vision Alliance, a leading consortium in the field of computer-vision, and it features presentations by Altera and other technology leaders, in the areas of computer vision applications, technologies, techniques, and market trends.
Altera will feature the following Altera demonstrations and solutions:
- Automotive Forward-Looking Stereo Camera System, a demonstration which features an HD quality stereo vision IP suite and object detection from partners Tokyo Tech Saneyoshi Lab and Fujisoft
- Multi-Channel High-Definition Video Analytics Platform for Smart City and Automotive applications, a demonstration that is based on Altera’s Cyclone® V SoC and Enpirion® PowerSoC devices combined with partner Eutecus’ MVE™ video and fusion analytics technology
- A demonstration of Lucas Kanade Dense Optical Flow, which is developed with Altera SDK for OpenCL.
Altera Corporation, a semiconductor company, designs and sells programmable logic devices (PLDs), HardCopy application-specific integrated circuit (ASIC) devices, power system-on-chip devices (PowerSoCs), pre-defined design building blocks, and associated development tools.
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