China Ming Yang Wind Power (NYSE:MY) rose Tuesday after the company reported its fourth-quarter results. Total wind turbine generators (WTGs) decreased 32.1% to an equivalent wind power project output of 175.5 megawatts (MW) from 258.5 MW in the fourth quarter of 2012. Total revenue declined 39.9% year over year $89.4 million. Basic and diluted loss per share was 56 cents, compared to 19 cents in the same period one year earlier. China Ming Yang Wind Power Group Ltd(NYSE:MY) shares after opening at $2.48 moved to $ 2.54 on last trade day and at the end of the day closed at $2.27. Company price to sales ratio in past twelve months was calculated as 0.54 and price to cash ratio as 1.96. China Ming Yang Wind Power Group Ltd (NYSE:MY) showed a negative weekly performance of -16.54%.
Adept Technology, Inc. (NASDAQ:ADEP) announced that John Villadsen has joined the company as Vice President of Global Operations. “John Villadsen comes to Adept with more than 20 years of experience managing companies’ operations, establishing global supply chains, and implementing lean practices worldwide,” said Rob Cain, Adept president and CEO. “He is a hands-on leader focused on profitability and scalability. We welcome him to the Adept team and look forward to benefitting from his contributions and insight. “Adept Technology Inc (NASDAQ:ADEP) |shares fell -10.72% in last trading session and ended the day on $12.24. ADEP return on equity ratio is recorded as -23.90% and its return on assets is -8.10%. Adept Technology Inc(NASDAQ:ADEP) yearly performance is 266.47%.
Ocean Power Technologies, Inc. OPTT (NASDAQ:OPTT) announced the election of Eileen M. Competti to the Company’s Board of Directors. In addition, the Company announced the retirement of Dr. George W. Taylor from the Board of Directors. Ms. Competti is currently Vice President, Global Competitiveness for The Babcock & Wilcox Company BWC (BWC), a leader in clean energy technology and services, primarily for the nuclear, fossil and renewable power markets, as well as a premier advanced technology and mission critical defense contractor. Ms. Competti has more than 25 years’ experience in global energy businesses, having served in various technical, operational, managerial and strategic growth-focused roles. In addition, Ms. Competti serves as lead American director for Halley & Mellowes Australasia, which is a joint venture of BWC. Ocean Power Technologies Inc (NASDAQ:OPTT) shares moved down -4.94% in last trading session and was closed at $2.50, while trading in range of $2.48 – 2.72. Ocean Power Technologies Inc (NASDAQ:OPTT) year to date (YTD) performance is 30.21%.
Twin Disc, Incorporated (NASDAQ:TWIN) announced that the Board of Directors declared a regular quarterly cash dividend of $0.09 per share payable on June 2, 2014, to shareholders of record on May 9, 2014. Twin Disc, Incorporated (NASDAQ:TWIN) weekly performance is 1.57%. On last trading day company shares ended up $27.16. Twin Disc, Incorporated (NASDAQ:TWIN) distance from 50-day simple moving average (SMA50) is 7.48%. Analysts mean target price for the company is $25.50.