It seems confusion marred the recent press release issued by Plug Power Inc (NASDAQ:PLUG). It had been reported that the company’s CEO Andy Marsh would reveal details of a major deal with a leading global automaker. The announcement was however taken out of context to mean that a new deal had been inked; but far from it, the CEO clarified (having learnt of the mix-up) that he was referring to the announcement made on March 13, whose details are coming in the weeks ahead. Plug Power Inc (NASDAQ:PLUG) shares after opening at $6.85 moved to $7.15 on last trade day and at the end of the day closed at $6.90. Company price to sales ratio in past twelve months was calculated as 29.95 and price to cash ratio as 66.70. Plug Power Inc (NASDAQ:PLUG) showed a positive weekly performance of 16.16%.
Corning Incorporated (NYSE:GLW) and ATCC extended an existing collaboration that will benefit cell culture researchers worldwide. Under terms of the agreement, Corning Inc (NYSE:GLW) Life Sciences and ATCC will co-develop new applications for existing ATCC and Corning Inc (NYSE:GLW) cell biology products; provide researchers with increased access to knowledgeable field scientists and information; and participate in joint marketing initiatives. Corning Incorporated (NYSE:GLW) shares advanced 0.73% in last trading session and ended the day on $20.61. Corning Incorporated (NYSE:GLW) return on equity ratio is recorded as 9.20% and its return on assets is 6.90%. Corning Incorporated (NYSE:GLW) yearly performance is 60.26%.
TE Connectivity Ltd (NYSE:TEL)’s Circuit Protection business unit has introduced a new family of silicon ESD (SESD) devices. Exhibiting ±20kV and ±22kV air discharge ratings – which go well beyond the IEC’s 8kV contact and 15kV air discharge standards – these devices help designers solve the pervasive protection challenge caused by CBEs. TE Connectivity Ltd (NYSE:TEL) shares moved up 0.76% in last trading session and was closed at $59.51, while trading in range of $58.99 – $59.96. TE Connectivity Ltd (NYSE:TEL) year to date (YTD) performance is 8.46%.
American Superconductor Corporation (NASDAQ:AMSC) is slated to shut down its Middleton plant by 31 Dec and transfer all those operations to the company’s headquarters located in Devens, Mass. American Superconductor Corporation (NASDAQ:AMSC) weekly performance is -19.31%. On last trading day company shares ended up $1.63. American Superconductor Corporation (NASDAQ:AMSC) distance from 50-day simple moving average (SMA50) is -10.06%. Analysts mean target price for the company is $2.00.
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