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Divestitures, Improvements in Home Pricing, Discount Programs, and New Projects - Research Report on Allegheny, Hovnanian, Real



    Divestitures, Improvements in Home Pricing, Discount Programs, and New
 Projects - Research Report on Allegheny, Hovnanian, Real Goods Solar, Trex,
                                and Ming Yang

PR Newswire

NEW YORK, October 30, 2013

NEW YORK, October 30, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Allegheny
Technologies Inc. (NYSE: ATI), Hovnanian Enterprises Inc. (NYSE: HOV), Real
Goods Solar, Inc. (NASDAQ: RSOL), Trex Co. Inc. (NYSE: TREX), and China Ming
Yang Wind Power Group Limited (NYSE: MY). Today's readers may access these
reports free of charge - including full price targets, industry analysis and
analyst ratings - via the links below.

Allegheny Technologies Inc. Research Report

On September 16, 2013, Allegheny Technologies Inc. (ATI) announced that it has
reached an agreement to divest its tungsten materials business to Kennametal
Inc. (Kennametal) for $605 million. Rich Harshman, ATI Chairman, President and
CEO said, "The sale of our tungsten materials business to Kennametal, a
recognized global leader in tungsten-based wear-resistant products, provides
ATI with increased financial flexibility and simplifies capital allocation and
deployment." ATI anticipates the transaction to be completed during Q4 2013.
The Full Research Report on Allegheny Technologies Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/c967_ATI]

--

Hovnanian Enterprises Inc. Research Report

On September 9, 2013, Hovnanian Enterprises, Inc. (Hovnanian Enterprises)
reported its Q3 FY 2013 financial results (period ended July 31, 2013). The
Company reported total revenues of $478.4 million, up 23.6% YoY. Net income
for the quarter totaled $8.5 million, or $0.06 per common share, down compared
to $34.7 million, or $0.25 per common share in Q3 FY 2012. "We were pleased
that we were able to raise home prices, grow revenues and increase our gross
margin during the third quarter of fiscal 2013," stated Ara K. Hovnanian,
Chairman of the Board, President and CEO. Hovnanian added, "Our emphasis on
raising home prices combined with concerns over rising mortgage rates and
weakened consumer confidence dampened our home sales during July and August of
2013. We continue to project profitability for the full fiscal 2013 year and
strong results for our fourth quarter, excluding any expenses related to early
retirement of debt." The Full Research Report on Hovnanian Enterprises Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/bb4c_HOV]

--

Real Goods Solar, Inc. Research Report

On September 12, 2013, Real Goods Solar, Inc. (Real Goods Solar) announced the
launch of a community solar discount program that will be part of the Advance
Selma program. The program focuses on sustainability, the environment, and
economic development. Real Goods Solar reported that under the program, it
will provide Selma-based residents with discounted pricing for solar through
tiered community-based incentives. "As one of our nation's pioneering solar
energy installers and sustainable living educators, we believe in partnering
with and investing resources in communities like Selma," said Real Goods Solar
CEO Kam Mofid. "With the clear financial benefits for individuals and the
whole community, we anticipate strong participation and solar adoption through
the Advance Selma program." The Full Research Report on Real Goods Solar, Inc.
- including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/67a0_RSOL]

--

Trex Co. Inc. Research Report

On September 18, 2013, Trex Company Inc. (Trex) announced its Northeast
expansion through the addition of New Jersey-based Manufacturers Reserve
Supply (MRS) to its distribution network. MRS will be responsible in supplying
dealers across the region with high performance, low-maintenance Trex
products. "Trex has established one of the most robust distribution networks
in the industry, and our relationship with MRS will allow us to further expand
our market share," said Ron Kaplan, Chairman, President and CEO of Trex. "MRS
has a long-standing reputation for integrity, responsiveness and innovation,
and we are confident they will provide the highest quality of service to our
valued dealer partners." The Full Research Report on Trex Co. Inc. - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/218f_TREX]

--

China Ming Yang Wind Power Group Limited Research Report

On September 30, 2013, China Ming Yang Wind Power (Ming Yang) announced that
it has secured a total of 87MW in the first tranche of tender for off-shore
wind power near Zhuhai Guishan Island, Guangdong Province, China. The Company
informed that the winning bid comprises of 29 units of 3MW super compact drive
(SCD) wind turbine generators. "This bid marks an important milestone in the
practical commercial off-shore tender in Guangdong Province and in China, I am
very excited that Ming Yang has managed to secure a substantial part of the
first tranche of this tender available using our SCD technology," said Mr.
Chuanwei Zhang, Chairman and CEO of Ming Yang. "This is a clear endorsement of
Ming Yang's SCD technology, and heralds a new phase of off-shore wind power
generation in China." The Full Research Report on China Ming Yang Wind Power
Group Limited - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/27fd_MY]

----

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    omissions, please notify us below.
 3. This information is submitted as a net-positive to companies mentioned, to
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SOURCE Analysts' Corner

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