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Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.

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Stock number one: SunEdison, Inc.

SunEdison to Sell $500 Million in Debt for Solar Acquisitions—Bloomberg

SunEdison Inc. (SUNE), the best-performing U.S. solar company this year, is offering $500 million in convertible debt for acquisitions on three continents. About $350 million to $400 million of the net proceeds will be used on projects and to pay debt on solar farms held by subsidiary TerraForm Power Inc., St. Peters, Missouri-based SunEdison said today in a statement. SunEdison created TerraForm to own and operate renewable power plants.

Symbol: SUNE

Trailing PE: NA; Forward PE: 154

PEG: 0.08

Dividend: 1.10

Estimate Trend: Flat

Ransom Note Trendline: Sell SunEdison

SUNE data by YCharts

Stock number two: Nokia Corporation

Don’t Get Too Excited About Nokia Corporation's Recent Map Space Acquisition--Motley Fool

The competition in the space is fierce, and with powerhouses like Google and Apple controlling the lions share of smartphone users, -- especially in the U.S. -- there is very little Nokia can to do entice people to use HERE, let alone find ways to increase its revenue from maps.

Symbol: NOK

Trailing PE: NA; Forward PE: 21

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PEG: 0.16

Dividend: NA

Estimate Trend: Up

Ransom Note Trendline: Accumulate This Stupid Finnish Company

NOK data by YCharts

Stock number three: PHH Corporation

Moody's reviews long-term ratings of PHH Corp. for possible downgrade--Moody's

The rating action follows PHH's announcement of June 2, 2014 that it has entered into a definitive agreement to sell its Fleet Management Services business, PHH Arval, to Element Financial Corporation for approximately $1.40 billion in cash; net proceeds after taxes and transaction expenses are expected to be approximately $750 million to $800 million. Subject to the satisfaction or waiver of various closing conditions, including required regulatory, financing and other contractual consents and amendments, the transaction is expected to close on or before July 31, 2014.

Symbol: PHH

Trailing PE: 37; Forward PE: 22

PEG: -90.73

Dividend: NA

Estimate Trend: Flat

Ransom Note Trendline: Avoid PHH

PHH data by YCharts