4 Important Tech Stories to Interface with Alert Investors
Yingli Green Energy Holding Company Limited (NYSE:YGE): Current price $2.79
On Monday, Yingli said that it expects that its module shipments for the fourth quarter should hit a new historical high with the module shipment for full year of 2012 anticipated to top 2.2 gigawatts, surpassing the high end of its full year shipment guidance of between 2.1 and 2.2 gigawatts, according to preliminary data. Yingli is a leading solar energy firm and one of the world’s largest vertically integrated photovoltaic manufacturers which markets its products under the brand Yingli Solar.
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Amazon.com (NASDAQ:AMZN): Current price $265.99
Analyst Ben Schachter at Macquarie Capital believes that Amazon Web Services should see revenues of $3.8 billion in 2013 and that the firm might be worth between $19 billion and $30 billion if it were a standalone company. Schacter’s contention depends upon on the addressable market for cloud computing, along with the assumption that AWS comprises the totality of Amazon’s growth in the “other” revenue category. The Macquarie research note came concurrently with a Morgan Stanley upgrade in which Scott Devitt upgraded Amazon based on international growth and global fulfillment services.
Dell (NASDAQ:DELL): Current price $10.78
Dell loses an important officer who helped the company turn itself around just a very few years ago. The now former Senior Vice President for Corporate Strategy, David Johnson, has exited Dell to assume a senior position with the investment company Blackstone Group (NYSE:BX), according to the Dell spokesperson David Frink. During his three-year tenure at the company, Johnson managed 20 acquisitions worth around a total of $10 billion.
Qihoo 360 Technology Co. (NYSE:QIHU): Current price $32.38
On Monday, Maxim Group reiterated its Buy Qihoo 360 and elevated its price target from $28 to $37. In a note, Maxim commented that, “Search has started to generate ad dollars. QIHU’s stock has appreciated more than 30 percent since reporting third quarter results in late November. Aside from the market anticipation for a recovering Chinese economy, we believe QIHU’s search revenue prospects are the main driver of the strong up-run. According to our channel checks, QIHU has already started to run ads on its search and may have also signed a collaboration agreement with Google that allows Google ads on its search result pages. We estimate that QIHU’s revenue from Google will start contributing in the first quarter at a split ratio higher than the 33 percent it received previously from directing search queries to Google.”
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