FuelCell Energy Inc. (NASDAQ:FCEL) the company that built the world’s biggest fuel-cell power plant, won a contract to supply 5.6 megawatts of equipment to Posco. Posco, South Korea’s largest steelmaker and FuelCell’s biggest shareholder, will use the equipment to build power plants for customers in Korea this year, Danbury, Connecticut-based FuelCell said today in a statement. Terms weren’t disclosed. FuelCell Energy Inc (NASDAQ:FCEL) net profit margin is -18.60% and weekly performance is 2.86%. On last trading day company shares ended up $2.16. Analysts mean target price for the company is $2.73. FuelCell Energy Inc (NASDAQ:FCEL) distance from 50-day simple moving average (SMA50) is -14.69%.
Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) has witnessed an increase in credit rating. Rating agency, Standard & Poor’s, has increased the credit rating of CIG to BB+ from BB in the global scale while increase is to brAA+ from brAA- in national scale. Stable outlook has been maintained for both scales. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) shares advanced 1.64% in last trading session and ended the day on $7.45. Gross Margin is 35.70% and its return on assets is 13.20%. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) quarterly performance is 40.04%.
Ned Davis Research upgraded shares of Exelon Corporation (NYSE:EXC) from a neutral rating to a buy rating in a research note released on Monday morning, StockRatingsNetwork reports. Exelon Corporation (NYSE:EXC) shares moved up 0.88% in last trading session and was closed at $35.63, while trading in range of $35.37- $35.76. Exelon Corporation (NYSE:EXC) year to date (YTD) performance is 31.48%.
On May 1, 2014 CenterPoint Energy, Inc. (NYSE:CNP) announced its 1Q2014 economic report. The company registered a net income of $185 million or $0.43 per diluted share in this quarter. The net income in comparison to the 2013′s first quarter was higher by nearly $40 million. CenterPoint made a net income of $147 million or $0.34 per diluted share a year ago. CenterPoint Energy, Inc. (NYSE:CNP) ended the last trading day at $ 23.67. Company weekly volatility is calculated as 1.46% and price to cash ratio as 10.43. CenterPoint Energy, Inc. (NYSE:CNP) showed a negative weekly performance of -2.39%.
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