FuelCell Energy Inc (NASDAQ:FCEL) announced further steps to accommodate the increasing global demand for megawatt-class stationary fuel cell power plants, ensuring preeminent customer support around the world as well as enhanced execution of product cost reductions. FuelCell Energy and POSCO Energy are collaborating to support multi-national customers expressing interest in fuel cell projects in the other partner’s territory, are further synchronizing the integrated global supply chain, and executing the sale of four fuel cell modules, totaling 5.6 megawatts to meet rising demand in Asia. FuelCell Energy Inc (NASDAQ:FCEL) net profit margin is -18.60% and weekly performance is 13.95%. On last trading day company shares ended up $2.16. Analysts mean target price for the company is $2.73. FuelCell Energy Inc (NASDAQ:FCEL) distance from 50-day simple moving average (SMA50) is -13.32%.
Gogo Inc (NASDAQ:GOGO), the leading communications service provider for aircrafts, has through recent press release disclosed the financial results for the first quarter of the year 2014. The results for the Q1 look positive for Gogo in terms of increasing revenues and income. Gogo has reported a total revenue in the quarter to amount to $95.7 million, which has increased by 35% as compared to the Q1 of 2013, which reported a total revenue of $70.8 million. Gogo Inc (NASDAQ:GOGO) reported the service revenue to amount to $72.3 million, which increased by 32% on a yearly basis and the equipment revenue amounted to $23.4 million, showing an increase of 48%. Gogo Inc (NASDAQ:GOGO) shares advanced 5.31% in last trading session and ended the day on $13.68. Gross Margin is 48.80% and its return on assets is -28.50%. Gogo Inc (NASDAQ:GOGO) quarterly performance is -31.15%.
Plug Power Inc (NASDAQ:PLUG) gained 3.9%. Earlier Thursday, the analysts at Cowen, led by Robert Stone, upgraded the fuel-cell provider to “outperform” from “market perform,” saying year-to-date bookings of $80 million, twice full-year 2013 bookings, pointed to a “steep ramp” from the second quarter and profitability in the fourth quarter. Plug Power Inc (NASDAQ:PLUG) shares moved up 6.45% in last trading session and was closed at $4.29, while trading in range of $4.04 – $4.45. Plug Power Inc (NASDAQ:PLUG) year to date (YTD) performance is 176.77%.
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 12, 2014, the Board of Directors of Eureka Hunter Holdings, LLC, a Delaware limited liability company (“Eureka Holdings”), approved the Eureka Hunter Holdings, LLC Management Incentive Compensation Plan (the “Plan”) to provide long-term incentive compensation to attract and retain officers and employees of Eureka Holdings and its affiliates and allow such individuals to participate in the economic success of Eureka Holdings and its affiliates. Eureka Holdings is a majority-owned subsidiary of Magnum Hunter Resources Corporation (NYSE:MHR) and the holding company for the Company’s midstream operations. Magnum Hunter Resources Corp (NYSE:MHR) ended the last trading day at $7.24. Company weekly volatility is calculated as 5.02% and price to cash ratio as 28.29. Magnum Hunter Resources Corp (NYSE:MHR) showed a negative weekly performance of -2.03%.
GT Advanced Technologies Inc (NASDAQ:GTAT) has reaffirmed the estimates for the current financial year. The company expects the revenue for the current year to be in anything in between $600 million to $800 million. It is hoping that the completely diluted non GAAP earnings for each share would be anything between $0.02 and $0.18 for this financial year. It is projecting a more accurate revenue figure for this year at $694 million and earnings per share at $0.10. GT Advanced Technologies Inc (NASDAQ:GTAT) net profit margin is -27.70% and weekly performance is 5.15%. On last trading day company shares ended up $13.89. Analysts mean target price for the company is $19.63. GT Advanced Technologies Inc (NASDAQ:GTAT) distance from 50-day simple moving average (SMA50) is -16.17%.
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