Fuel Cell Energy Inc(NASDAQ:FCEL) company is providing a power plant for a C$7.5 million ($6.7 million) project to convert landfill gas into electricity and carbon dioxide that nourishes plants at a greenhouse facility in British Columbia. Village Farms International Inc. combined the fuel cell with a system from Quadrogen Power Systems Inc. that collects and separates landfill gas, the Vancouver-based grower said on Mar. 24 in a statement. One stream of gas powers the fuel cell, while “food-grade” carbon dioxide is used to feed plants. Fuel cells convert natural gas into electricity, heat and hydrogen through a chemical reaction. Fuel Cell Energy Inc(NASDAQ:FCEL) shares after opening at $2.22 moved to $2.22 on last trade day and at the end of the day closed at $2.18. Company price to sales ratio in past twelve months was calculated as 2.83 and price to cash ratio as 7.05. Fuel Cell Energy Inc (NASDAQ:FCEL) showed a negative weekly performance of -14.17%.
Wabash National Corporation (NYSE:WNC), a diversified industrial manufacturer and North America’s leading producer of semi-trailers and liquid transportation systems, reported results for the first quarter ended March 31, 2014. Highlights include. Net sales of $358 million for first quarter 2014, up 10 percent over prior year, Operating income of $19.5 million for first quarter 2014, up 31 percent over prior year. Non-GAAP adjusted earnings per share improves 33 percent from prior year to $0.12 per diluted share, Net income for the first quarter of 2014 was $7.3 million, or $0.10 per diluted share, compared to the first quarter 2013 net income of $5.7 million, or $0.08 per diluted share. First quarter 2014 non-GAAP adjusted earnings were $8.3 million, or $0.12 per diluted share, after excluding a $1.0 million charge related to a change in statutory income tax rates. The Company’s prior year period results included the impact of one-time costs related to the acquisitions of Walker Group Holdings, LLC (“Walker”) in May 2012 and certain assets of Beall Corporation (“Beall”) in February 2013 totaling $0.6 million, or $0.01 per diluted share. Excluding the impact of these items, non-GAAP adjusted earnings for the quarter ended March 31, 2013 were $6.1 million, or $0.09 per diluted share. Wabash National Corporation (NYSE:WNC) shares fell -6.11% in last trading session and ended the day on $12.76. WNC return on equity ratio is recorded as 17.20% and its return on assets is 5.50%. Wabash National Corporation (NYSE:WNC) yearly performance is 34.74%.
Analysts at Robert Baird & Co. on Tuesday started coverage of Opower Inc. OPWR (NYSE:OPWR) with a neutral rating, saying the energy software company benefits from first-mover advantage but its shares are fairly valued at the moment. Shares of Opower declined 5.9%, and are up nearly 1% since the initial public offering. Analysts at Cowen also started coverage of Opower at ‘outperform,’ according to reports. The company draws on behavioral science and data analytics to help utilities increase energy efficiency and improve customer service. Opower Inc (NYSE:OPWR) shares moved down -6.36% in last trading session and was closed at $19.13, while trading in range of $ 18.74 – 20.68.Opower Inc (NYSE:OPWR) year to date (YTD) performance is -16.83%.
Southside Bancshares (SBSI) in Tyler, Texas, has agreed to buy OmniAmerican Bancorp (OABC) in Fort Worth, Texas. Southside Bancshares, Inc. (NASDAQ:SBSI) weekly performance is -8.78%. On last trading day company shares ended up $27.83. Southside Bancshares, Inc.(NASDAQ:SBSI) distance from 50-day simple moving average (SMA50) is -5.06%. Analysts mean target price for the company is $30.50.