Tag: Ballard Power Systems

  • Morning Buzz: Caterpillar Inc. (NYSE:CAT), Cleantech Solutions International (NASDAQ:CLNT), Ballard Power Systems (NASDAQ:BLDP), Panasonic Corporation (ADR) (OTCMKTS:PCRFY), Sharp Corp, (OTCMKTS:SHCAY)

    Caterpillar Inc. (NYSE:CAT) is the largest machine manufacturer in the industry with 2013 revenues in excess of $55 billion. The company manufactures machinery for the mining, power generation, and construction industries. Caterpillar Inc. (NYSE:CAT) stock opened today at $106.49 and is currently trading at $105.24. The stock showed a positive weekly performance of 1.83%.

    Cleantech Solutions International, Inc. (NASDAQ:CLNT), a manufacturer of metal components and assemblies used in various clean technology and manufacturing industries and textile dyeing and finishing machines, today announced its financial results for the three months ended March 31, 2014. Revenue from the dyeing and finishing equipment segment increased 27.5% to $9.4 million, compared to $7.4 million for the first quarter of 2013. Cleantech Solutions International Inc. (NASDAQ:CLNT) stock opened at $5.87, in current trading session and currently is at $5.70, by gaining 2.70%. The 52 week range of $3.40 – $10.85. Company’s market capitalization is 19.97 million.

    In connection with the transaction, UTC and Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) have also formed a strategic alliance led by a joint Advisory Council. The Advisory Council will focus on licensing and other commercial market opportunities arising from the combination of the UTC portfolio with Ballard’s existing intellectual property. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) stock is currently trading at $2.99. The EPS of the stock is -0.15. Company’s market capitalization is 393.75 million.

    Celebrating the 25th anniversary of its Kid Witness News (KWN) Video Competition, Panasonic Corporation (ADR) (OTCMKTS:PCRFY) named Ft. Pierce, Florida’s Lincoln Park Academy the grand prize winner for the 2014 Best Video of the Year at the Annual New Vision and Eco-Effect Awards Ceremony. Panasonic Corporation (ADR) (OTCMKTS:PCRFY) ended the last trading day at $10.65.

    Sharp Corp (OTCMKTS:SHCAY) also earned its first net profit in three years, thanks to streamlining operational costs and steadily improving sales of solar cells and small and midsize LCD panels for smartphones and tablets. On last trading day company shares ended up $2.72.