Plug Power Inc. (NASDAQ:PLUG) on Feb. 10 announced it has received a significant GenKey contract from a leading retailer to roll out its turnkey hydrogen fuel cell system solutions at six North America distribution centers over approximately a two year period. The first site is expected to be operational in the second quarter of 2014.Plug Power Inc (NASDAQ:PLUG) stock opened at $3.82 in last session, and closed at $3.59, while the day range of PLUG stock is $3.56-$3.85.The stock showed a positive weekly performance of 2.28%.
Corning Incorporated (NYSE:GLW) which recently declared a quarterly dividend of 10 cents per share payable on March 31, has suffered a rating downgrade. The stock has lost its “buy” listing at Jefferson Research and now analysts at the brokerage consider it a “hold” stock. Several investment analysts tracking the company have recently weighed in their opinions, giving the stock a consensus “hold” and average price objective of $17.86. The average price target of GLW signals a potential downside considering that the stock currently trades around $19.08 per share as per the previous closing. In the previous session the stock lost 3 cents per share or 16 percent of its market value. Corning Incorporated (NYSE:GLW) stock opened at $18.98, in last session and closed at $18.92, by loosed -0.84%.The 52 week range was $12.20-$19.22.Company’s market capitalization is $26.47 billion.
American Superconductor Corp. (NASDAQ:AMSC) will be posting its quarterly earnings results on Thursday, February 6th. Parties that wish to register for the company’s conference call can do so using this link. American Superconductor Corporation (NASDAQ:AMSC) stock gained 14.36% and finished the last session at $2.07.The EPS of the stock remained -0.89.Company’s market capitalization is $141.05 million.
Planar Systems (NASDAQ:PLNR) issued an update on its FY14 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.11-0.16 for the period, compared to the Thomson Reuters consensus estimate of $0.10, Analyst Ratings News reports. The company issued revenue guidance of $165-175 million, compared to the consensus revenue estimate of $170.88 million. Planar Systems also updated its Q2 guidance to $0.00-0.02 EPS. Planar Systems, Inc. (NASDAQ:PLNR) stock opened the session at $2.35, and closed the session at $2.23. The 52 week range of the PLNR stock remained $1.55-$2.93 and the day range was $2.23-$2.44.