Thursday, May 19, 2016 1:48:39 PM
TERP and GLBL..and SUNEQ's problems...
http://www.fool.com/investing/general/2016/05/17/the-biggest-problems-for-sunedisons-yieldcos.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2
TerraForm Power's dividend yield of 15.8% is incredibly high in any market condition, and TerraForm Global's dividend yield of 42.1% is almost unimaginable. The likely fallout, though, from SunEdison's bankruptcy will be that the companies will have to give something to creditors and that probably means a much lower dividend in the future. So don't bet on these stocks just for their current dividends, because they probably won't last.
...also...
http://www.insidermonkey.com/blog/terraform-power-inc-terp-billionaire-david-teppers-appaloosa-management-reports-9-54-stake-450679/
Terraform Power Inc. (TERP): Billionaire David Tepper’s Appaloosa Management Reports 9.54% Stake
A newly amended 13G filing with the US SEC, showed that billionaire David Tepper‘s Appaloosa Management owns 8.71 million Class A Common shares of Terraform Power Inc. (NASDAQ:TERP) which account for 9.54% of the company’s outstanding stock. Although the number of shares owned by Appaloosa didn’t change recently, the percentage of the class did, as the fund disclosed holding 10.88% of the stock in a previous 13D/A filing. Moreover, earlier this year, Appaloosa filed an amended complaint against SunEdison, in which it requested the adoption of several reforms, including the removal of TerraForm Power Inc (NASDAQ:TERP)’s members of the Corporate Governance and Conflicts Committee and their replacement with members elected by the company’s publish shareholders, as well as the removal of the CEO Brian Wuebbels, who, resigned on Wednesday. In addition, the investor requested the appointment of a director or monitor to TerraForm’s board of directors, who will represent the interests of the public shareholders.
TerraForm Power, formerly SunEdison Yieldco, is a renewable energy development company that owns and runs power generation assets. Year-to-date, Terraform Power’s stock is down by 28.3%. Recently, Goldman Sachs and Bank of America, reiterated their ‘Neutral’ and ‘Hold’ ratings on Terraform Power’s stock, with the price targets $10.00 and $11.00, respectively.
Daily
TERP/GLBL
http://www.fool.com/investing/general/2016/05/17/the-biggest-problems-for-sunedisons-yieldcos.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2
TerraForm Power's dividend yield of 15.8% is incredibly high in any market condition, and TerraForm Global's dividend yield of 42.1% is almost unimaginable. The likely fallout, though, from SunEdison's bankruptcy will be that the companies will have to give something to creditors and that probably means a much lower dividend in the future. So don't bet on these stocks just for their current dividends, because they probably won't last.
...also...
http://www.insidermonkey.com/blog/terraform-power-inc-terp-billionaire-david-teppers-appaloosa-management-reports-9-54-stake-450679/
Terraform Power Inc. (TERP): Billionaire David Tepper’s Appaloosa Management Reports 9.54% Stake
A newly amended 13G filing with the US SEC, showed that billionaire David Tepper‘s Appaloosa Management owns 8.71 million Class A Common shares of Terraform Power Inc. (NASDAQ:TERP) which account for 9.54% of the company’s outstanding stock. Although the number of shares owned by Appaloosa didn’t change recently, the percentage of the class did, as the fund disclosed holding 10.88% of the stock in a previous 13D/A filing. Moreover, earlier this year, Appaloosa filed an amended complaint against SunEdison, in which it requested the adoption of several reforms, including the removal of TerraForm Power Inc (NASDAQ:TERP)’s members of the Corporate Governance and Conflicts Committee and their replacement with members elected by the company’s publish shareholders, as well as the removal of the CEO Brian Wuebbels, who, resigned on Wednesday. In addition, the investor requested the appointment of a director or monitor to TerraForm’s board of directors, who will represent the interests of the public shareholders.
TerraForm Power, formerly SunEdison Yieldco, is a renewable energy development company that owns and runs power generation assets. Year-to-date, Terraform Power’s stock is down by 28.3%. Recently, Goldman Sachs and Bank of America, reiterated their ‘Neutral’ and ‘Hold’ ratings on Terraform Power’s stock, with the price targets $10.00 and $11.00, respectively.
Daily
TERP/GLBL
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