On May 23, 2014, Plug Power Inc (NASDAQ:PLUG) ‘s shares dropped 2.93% to $4.30. The company on May 14 reported its 2014 first quarter results. Total revenue for the first quarter of 2014 was $5.6 million, comprised of $3.2 million for product revenue, $2.1 million for service revenue and $0.3 million for research and development (R&D) contract revenue. This compares to total revenue of $6.4 million in the first quarter of 2013, which was comprised of $4.7 million for product revenue, $1.3 million for service revenue and $0.4 million for R&D contract revenue. Net loss for the first quarter of 2014 was $75.9 million, or $0.57 per share on a basic and diluted basis. Plug Power Inc (NASDAQ:PLUG), weekly performance is -4.66%. On last trading day company shares ended up $4.09. Analysts mean target price for the company is $4.88. Plug Power Inc (NASDAQ:PLUG), distance from 50-day simple moving average (SMA50) is -30.07%.
On May 22, 2014, Corning Incorporated (NYSE:GLW)’s board of directors has decided to pay a dividend of $0.10 per share of the common stock to the shareholders on June 30, 2014. The dividend will be paid to those who have registered a business till May 30, 2014. Corning Incorporated (NYSE:GLW), advanced 0.52% in last trading session and ended the day on $21.33. GLW, Gross Margin is 42.10% and its return on assets is 6.10%. Corning Incorporated (NYSE:GLW), quarterly performance is 11.04%.
On May 12, 2014, Japanese electricals corporation Kyocera Corporation (ADR) (NYSE:KYO), which manufactures solar panels – is considering following solar rival Suntech Power Japan Corp’s lead by registering as a power producer in its domestic market. Kyocera Corporation (ADR) (NYSE:KYO), shares moved up 0.18% in last trading session and was closed at $45.08, while trading in range of $44.90 – 45.18. Kyocera Corporation (ADR) (NYSE:KYO), year to date (YTD) performance is -10.09%.
TE Connectivity Ltd (NYSE:TEL), formerly named Tyco Electronics Ltd. announced the quarterly earnings on April 23, 2014. TEL reported garnering $0.95 EPS in the last quarter, showing 25% increase YoY, from $0.76 EPS in Q1-2013. In this quarter, the company acquired revenues of $3.43 billion, a significant 5.1% YoY. The company acquired $0.87 diluted EPS from myriad continuing operations, which increased by a thumping 32% YoY. TEL had affirmed that the company acquired free flow cash of $273 million. TE Connectivity Ltd (NYSE:TEL), ended the last trading day at $58.13. Company weekly volatility is calculated as 1.33% and price to cash ratio as 16.63. TE Connectivity Ltd (NYSE:TEL), showed a positive weekly performance of 1.71%.
On May 19, 2014, Neonode, Inc (NASDAQ:NEON), the optical touch technology company, announced the closing of a previously-announced private placement of common stock for $10 million in gross proceeds. Neonode, Inc (NASDAQ:NEON), weekly performance is 1.36%. On last trading day company shares ended up $3.74. Analysts mean target price for the company is $11.08. Neonode, Inc (NASDAQ:NEON), distance from 50-day simple moving average (SMA50) is -29.56%.