Why Investors Are Buzzing About Apple, Alibaba, Netflix, and 2 Other Stocks Today

Yingli Reports Earnings

Yingli Green Energy Holding Co Ltd (ADR) (NYSE:YGE) shares have surged by 15% out of the gate after the solar producer reported earnings of $0.06 per share on revenue of $364.6 million, beating estimates by $0.12 per share and $10.62 million respectively. The positive quarterly earnings report marked the first time that the company has been profitable since the third quarter of 2011. One reason for the better than expected earnings was higher shipments to Japan, which has higher average selling prices due to various government support programs. Japanese shipments accounted for 40% of shipments for the quarter, up by ten percentage points from the previous quarter. Yingli Green Energy Holding Co Ltd (ADR) (NYSE:YGE) expects the strong demand from Japan to continue in 2016, before Japan’s announced reduction of subsidies for PV power takes effect in April, 2017.

McDonald’s to Move its HQ

McDonald’s Corporation (NYSE:MCD) is in the spotlight after the fast-food chain announced that it will move its corporate headquarters to downtown Chicago by Spring, 2018. The company will move to 1045 W. Randolph St. in Chicago’s West Loop area to foster more collaboration and connectivity. McDonald’s new headquarters will be one of the seven global locations for Hamburger University, a state-of-the-art learning center where McDonald’s trains its future leaders and employees. 83 elite funds that we track were long McDonald’s Corporation (NYSE:MCD) at the end of the first quarter.

Netflix Shareholders Ask for Proxy Access

In a non-binding ballot vote at the company’s annual meeting, 72% of votes cast asked Netflix, Inc. (NASDAQ:NFLX) to grant investors proxy access so that groups of investors who own small percentages of the company for three years can run their own candidates for board seats. Netflix management has resisted calls for the change in the past and it is unclear whether they will adopt the request now. 64 funds tracked by Insider Monkey were long Netflix, Inc. (NASDAQ:NFLX) at the end of the first quarter, unchanged from a quarter earlier. Shares of the video streaming service provider are up by 1.3% in morning trading.

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