Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) reported fourth quarter ended Dec 31, 2013 and full year 2013 earnings. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP)’s operating results for the reported quarter are quite strong on the bottom line as well as on the top line. Revenue for the fourth quarter 2013 is $17.3 million, up by 5% as compared to the same quarter of the previous year. Gross margin has also increased by 12 points, up by 34%. The company’s Adjusted EBITDA has enhanced from $3.2 million to $0.2 million, which is a significant improvement. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) stock opened at $3.60 in last session, and closed at $3.70, while the day range of BLDP stock is $3.60-$3.88.The stock showed a positive weekly performance of 52.26%.
TriQuint Semiconductor (NASDAQ:TQNT) was downgraded by analysts at DA Davidson from a “buy” rating to a “neutral” rating. They now have a $12.00 price target on the stock, up previously from $10.00. They noted that the move was a valuation call. They noted that the move was a valuation call. TriQuint Semiconductor (NASDAQ:TQNT) stock opened at $12.20, in last session and closed at $12.24, by gained 0.33%.The 52 week range was $4.45-$12.59.Company’s market capitalization is $2.00 billion.
Sanford C. Bernstein boosted their price objective on shares of Eli Lilly and Co. (NYSE:LLY) from $59.00 to $65.00 in a research note issued on Thursday, Stock Ratings Network.com reports. The firm currently has an “outperform” rating on the stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 12.15% from the stock’s previous close. Eli Lilly and Co. (NYSE:LLY) stock gained 0.12% and finished the last session at $59.61.The EPS of the stock remained 4.31. Company’s market capitalization is $67.89 billion.
MFA Financial, Inc. (NYSE:MFA) announced that in accordance with the terms of its 7.50% Series B Cumulative Redeemable Preferred Stock, the Board of Directors has declared a preferred stock dividend of $0.46875 per share for the quarter ending March 31, 2014. This dividend is payable on March 31, 2014, to preferred stockholders of record as of February 28, 2014. MFA Financial, Inc. (NYSE:MFA) stock opened the session at $7.85, and closed the session at $7.86.The 52 week range of the MFA stock remained $6.98-$9.59 and the day range was $7.83-$7.92.
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