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Actionable news in BSMX: GRUPO FINANCIERO SANTANDER MEXICO S.A.B. DE C.V.,

Investor Alerts- SunEdison, Inc. (NYSE:SUNE), Lands’ End, Inc. (NASDAQ:LE), Grupo Financiero Santander Mexico, S.A.B. de C.V. (NYSE:BSMX)

SunEdison, Inc. (NYSE:SUNE) moved up in early session on Tuesday after it declared a gross profit of $137M (17.6% of sales) in 1H15 as compared to $43M (5.6% of sales) in 1H14. The surge in gross profit margins was on account of a change in the firm’s business model, as they explained in Part 7. On the other hand, other operating costs escalated. SG&A expenses over doubled to $457 million (59% of sales) in 1H15 as compared to $201M (26% of sales) in 1H14. Just like in 1Q, increased employee costs, operating expenses related to acquisitions, and expenses related to TerraForm Global’s (GLBL) formation and initial public offering were the main drivers behind the raise in the section’s costs. SunEdison and FirstSolar are S&P 500 (SPY) index constituents. SunEdison, Inc. (NYSE:SUNE) an increase 0.09% to close at $10.73 as compare to its fifty-two week range of 9.04 – 33.45. The total market capitalization remained 3.38 Billion. The firm...


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