Boston, MA 02/20/2014 (wallstreetpr) – Sunedison Inc (NYSE:SUNE) has completed the construction of the largest solar energy farm for the U.S. Defense Department, the company announced in a statement. The solar installation has energy output capacity of 16.4 megawatts it would save the Davis-Monthan Air Force Base roughly half a million dollars annually over the next 25 years. The solar power farm that has just been installed base is enough to power more than 5,000 homes. For the base, the long-term plan is to generate 25 percent of its energy needs from renewable sources by the next decade. The construction of the Air Force Base solar energy farm was done through a $35 million loan secured by SUNE in April last year. Sunedison Inc (NYSE:SUNE) was last seen trading at $16.37 per share after adding 3.87 percent to its stock price value.
Intel Corporation (NASDAQ:INTC) is about to bring relief to schools and students in the use of tablets for productivity. A lot of tablets around are lacking in digitizers and creating content on the devices often becomes as a big headache. It is even more cumbersome where one is trying to use stylus pen or LCD keyboard on the devices. Of course, some manufacturers such as Microsoft Corporation (NASDAQ:MSFT) and Samsung have tried to include free-hand writing on their tablets better than other models, but the price of these tablets are way beyond the budget of students and schools. So then, Intel hopes that when its new educational friendly tablets come this year, they will come with double solutions for those who need them – improved productivity and attractive prices. Intel Corporation (NASDAQ:INTC) treaded on positive grounds Thursday, gaining 24 cents on each share to end the day at$24.74 per share.
Groupon Inc (NASDAQ:GRPN) was doing well on the browsers till the company said that it expected a loss in the range of 2 – 4 cents in the current quarter. That was not good given that Wall Street was looking for a profit. The disappointing guidance brought the stock hurting down by more than 11 percent in the post-market trading. However, in the regular session, the company gained more than 2.5 percent. Groupon Inc (NASDAQ:GRPN) reported that it realized fourth quarter earnings of 4 cents a share on revenue of $768 million, at a time when consensus estimate for the quarter was earnings of 2 cents per share and revenue of $718 million.
