Trading News: Individual movers and shakers — First Solar Inc, SunPower Corp, Home Depot Inc


SunPower Corp. SPWR, +17.99 pct and First Solar disclosed late Monday that they plan an initial public offering for a pooled-asset spinoff.

Home Depot Inc. HD, +3.98 pct shares advanced 4 pct, emerging as the biggest gainer among Dow Jones stocks after the company’s quarterly results exceeded analysts’ expectations.

In other markets, European stocks SXXP, +0.56 pct rallied, with the Athens Composite Index GD, +9.81 pct moving up after initial comments on the reform proposal of Greece from European leaders pointed to the approval of a 4-month bailout extension.

In Asia, the Nikkei 225 NIK, -0.22 pct gained a fresh 15-year high as the US greenback DXY, -0.13 pct was down after shedding its gains.

Meanwhile, prices of crude and oil CLJ5, -0.22 pct were slightly lower, while precious metal gold GCJ5, +1.03 pct encountered some resistance.


Originally published at www.fxpips.com on February 25, 2015.