On Feb. 26, Plug Power Inc (NASDAQ:PLUG) inked a huge deal with Wal-Mart Stores Inc. (NYSE:WMT). The world’s largest retailer agreed to purchase 1,738 more of PLUG’s signature GenDrive fuel cell units. On top of that, Wal-Mart selected PLUG to supply the requisite hydrogen needed to drive the units and signed a six-year contract. Plug Power Inc (NASDAQ:PLUG) stock opened at $6.96 in last session, and closed at $6.75, while the day range of PLUG stock is $6.45-$7.01.The stock showed a positive weekly performance of 53.06%.
Corning Incorporated (NYSE:GLW) announced that it has entered into an accelerated share repurchase agreement (ASR) with Citibank, N.A. to repurchase $1.25 billion of the company’s common stock. The ASR is part of Corning’s $2 billion share repurchase program made effective concurrent with the closing of Corning’s full acquisition of Samsung Corning Precision Materials Co., Ltd. (now Corning Precision Materials) on Jan. 15, 2014. Corning Incorporated (NYSE:GLW) stock opened at $19.50, in last session and closed at $19.66, by gained 0.82%.The 52 week range was $12.37-$19.82.Company’s market capitalization is $27.50 billion.
TE Connectivity (NYSE:TEL) COO Joseph B. Donahue sold 2,500 shares of TE Connectivity stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $55.34, for a total value of $138,350.00. Following the completion of the sale, the chief operating officer now directly owns 19,544 shares of the company’s stock, valued at approximately $1,081,565. TE Connectivity Ltd (NYSE:TEL) stock loosed -1.75% and finished the last session at $58.95.The EPS of the stock remained 3.21.Company’s market capitalization is $24.21 billion.
American Superconductor Corporation (NASDAQ:AMSC)’s shares gained 6.63% to $2.09. On March 2, 2014, the “Company entered into an Exchange Agreement with the holder of the Company’s Senior Convertible Note (the “Note”) issued on December 20, 2012, pursuant to which the parties agreed that the Note will be exchanged for 6,627,267 shares of the Company’s common stock, par value $0.01 per share (“Common Stock”), at a closing to be held on or prior to March 5, 2014. American Superconductor Corporation (NASDAQ:AMSC) stock opened the session at $2.15, and closed the session at $2.22. The 52 week range of the AMSC stock remained $1.37-$3.06 and the day range was $2.03-$2.34.
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