Tag Archives: tech special report

SunEdison Will Buy Vivint Solar, Eyes Alt-Energy Crown

SunEdison (SUNE) announced Monday that it will acquire No. 2 residential installer Vivint Solar (VSLR) for about $2.2 billion in cash, stock and notes, the latest of several multibillion-dollar deals that are part of its aggressive strategy to become one of the world’s top alternative energy players. In residential installation, Vivint Solar trails only SolarCity (SCTY), whose chairman is Tesla Motors (TSLA) CEO Elon Musk. In January, Maryland

Google Soars On Strong Earnings; Internet Rivals Rise

Citing gains in mobile, Google late Thursday posted Q2 earnings and sales that beat Wall Street estimates. Google (GOOGL) stock jumped 12% in after-hours trading Thursday, after the company released its results. Shares rose 3.1% in the regular session, to 601.88, a 10-month high. “Our strong Q2 results reflect continued growth across the breadth of our products, most notably core search, where mobile stood out, as well as

Netflix Stock Leaps On Q2 Global Subscriber Gains

Netflix delivered better-than-expected subscriber growth and profit for the June quarter, sending its shares into record-high territory late Wednesday. Netflix (NFLX) stock, which split 7-for-1 late Tuesday, jumped 10.8% in after-hours trading Wednesday. During the regular session, Netflix fell 2.4% to 97.98. Shares hit a split-adjusted peak of 102.34 on Monday. For the second quarter, Netflix earned 6 cents a share, down from 16