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Market Movers: SunEdison, Inc. (NYSE:SUNE), LyondellBasell Industries N.V. (NYSE:LYB), International Business Machines Corporation (NYSE:IBM), TriNet Group (NYSE:TNET)

Market Movers: SunEdison, Inc. (NYSE:SUNE), LyondellBasell Industries N.V. (NYSE:LYB), International Business Machines Corporation (NYSE:IBM), TriNet Group (NYSE:TNET)
Written by
Charles Donlon
Published on
October 15, 2014
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SunEdison, Inc. (NYSE: SUNE), announced the Credit Facility's overall cap was increased from $400 million USD to $800 million USD. The amendment reflects the banking community's strong confidence in SunEdison and will allow additional banks to participate in the Credit Facility as SunEdison continues to grow its business. SunEdison, Inc. (NYSE:SUNE) in last trading activity advanced 3.50% to close at $14.80. Company weekly performance is -16.34% while its quarterly performance stands at -36.86%. SunEdison, Inc. (NYSE:SUNE) is -39.22% away from its 52 week high.LyondellBasell Industries NV (NYSE:LYB) EVP Craig B. Glidden unloaded 13,003 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $105.47, for a total value of $1,371,426.41. Following the sale, the executive vice president now directly owns 209,118 shares in the company, valued at approximately $22,055,675. On last trading day LyondellBasell Industries N.V. (NYSE:LYB) decreased -1.39% to close at $85.39. Its volatility for the week is 5.98% while volatility for the month is 3.17%. LYB's sales growth for past 5 years was -2.80% and its EPS growth for past 5 years was 20.30%. LyondellBasell Industries N.V. (NYSE:LYB) monthly performance is -23.66%.International Business Machines Corporation (NYSE:IBM) said Tuesday that German software firm SAP SE has selected IBM as a premier strategic provider of Cloud infrastructure services for its business critical applications. International Business Machines Corporation (NYSE:IBM) in last trading activity increased 0.15% to close at $183.80. Company weekly performance is -1.03% while its quarterly performance stands at -4.45%. International Business Machines Corporation (NYSE:IBM) is -7.20% away from its 52 week high.Equities researchers at Wunderlich hoisted their price target on shares of Steven Madden (NASDAQ:SHOO) from $42.00 to $43.00 in a research report issued on Tuesday. The firm currently has a “buy” rating on the stock. Wunderlich’s price target suggests a potential upside of 30.94% from the stock’s previous close. Steven Madden, Ltd. (NASDAQ:SHOO) has 7.40% insider ownership while its institutional ownership stands at 89.00%. In last trading activity company's stock closed at $32.04.On Oct 06, TriNet Group, Inc. (NYSE:TNET) announced the findings of its September 2014 issue of TriNet SMBeat, a monthly analysis of small to medium-sized business (SMB) employment and human capital economic indicators. Among other findings, the report finds that in September, overall net job growth increased at only 1.71%, down from the previous month's rate of 1.84%. On Tuesday shares of TriNet Group, Inc. (NYSE:TNET) closed at $26.72. Company's sales growth for last 5 years was 31.50% and EPS growth for next 5 years is recorded as 24.11%.

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