Atlanta, GA – Scibility Media – 10/29/2014.
This article discusses two companies: Ascent Solar Technologies, Inc.(NASDAQ:ASTI) and The Madison Square Garden Co(NASDAQ:MSG)
Ascent Solar Technologies, Inc.(NASDAQ:ASTI) is a Colorado-based specialized semiconductor company that designs and manufactures photovoltaic integrated consumer electronics. The company markets and sells its products online, through independent retailers and its own e-commerce website. Ascent Solar Technologies will be releasing its next earnings report on Nov. 14th, 2014. The company had a trading volume of over six million on Oct. 28th, far ahead of its three month average volume of 497,418.
The company announced on Oct. 28th that it had acquired a business license for a joint venture in China, which will provide a capital injection of $32.5 million. Additionally, the company will receive five years of free usage of the newly built manufacturing facility.
The Madison Square Garden Co(NASDAQ:MSG) is a New York-based diversified entertainment company that operates in the sports, media, and entertainment businesses in the United States. The company is best known for Madison Square Garden, also known as “The World’s Most Famous Arena,” which is the home of the New York Knicks and the New York Rangers. Additionally, the location also hosts concerts and other events.
On Oct. 27th, the company announced plans to explore a possible spin-off, which would separate the sports and media businesses. This would result in two publically traded companies that would be independent from one another. Trading interest in the stock has since spiked.
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