Ascent Solar Technologies, Inc. (ASTI)
ASTI shares touched a new 52-week low in intraday trading - below the $0.06 mark - continuing lower from Monday after the company disclosed in a regulatory filing ( S-1 ) with the Securities and Exchange Commission (SEC) a prospectus relating to the offer and sale of up to 48,000,000 shares of its common stock by Redwood Management, LLC.
In the SEC filing, ASTI said that it is not selling any securities under this prospectus and the company will not receive any proceeds from the sale of shares by the selling stockholder
ASTI is a developer of award winning thin-film photovoltaic modules with substrate materials that are more flexible, versatile and rugged than traditional solar panels. ASTI's modules can be directly integrated into consumer products and off-grid applications, as well as aerospace and building integrated applications. EnerPlex is the Company's brand of consumer products and is a division of ASTI.
BHP Billiton Limited (BHP)
Brokerage firm Morgan Stanley upgraded BHP shares from an Equal-Weight to an Overweight rating
BHP is a leading global resources company. It is among the world’s largest producers of major commodities, including iron ore, metallurgical coal, copper and uranium, and have substantial interests in conventional and unconventional oil and gas and energy coal.
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