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Saturday 1 August 2015
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Afternoon Trade News Alert on: FormFactor, (NASDAQ:FORM), FuelCell Energy (NASDAQ:FCEL), Philip Morris International (NYSE:PM), Extended Stay America (NYSE:STAY)

On Friday, in the course of Afternoon trade, Shares of FormFactor, Inc. (NASDAQ:FORM), dropped -3.80%, and is now trading at $7.23.

FormFactor, declared its financial results for the second quarter of fiscal 2015 that ended on June 27, 2015. Quarterly revenues were $73.9 million, up 4% from $70.8 million in the first quarter of fiscal 2015, and up 10% from $67.4 million in the second quarter of fiscal 2014.

On a GAAP basis, net income for the second quarter of fiscal 2015 was $0.8 million, or $0.01 per fully-diluted share, contrast to a net income for the first quarter of fiscal 2015 of $0.8 million, or $0.01 per fully-diluted share, and a net loss for the second quarter of fiscal 2014 of $(4.3) million, or $(0.08) per fully-diluted share.

FormFactor, Inc. designs, develops, manufactures, sells, and supports semiconductor probe card products and solutions worldwide. The company’s probe cards are used to perform wafer test, which is the testing of the semiconductor die or chips on the semiconductor wafer.

During an Afternoon trade, Shares of FuelCell Energy Inc (NASDAQ:FCEL), climbed 0.75%, and is now trading at $0.850.

FuelCell Energy, declared a contract between its associate FuelCell Energy Solutions, GmbH (FCES) and E.ON Connecting Energies GmbH to offer decentralized combined heat and power (CHP) solutions with megawatt (MW) and multi-megawatt Direct FuelCell® (DFC®) power plants to its existing and prospective customer base, via a power purchase agreement financing or leasing structure. FuelCell Energy Solutions GmbH is a provider of ultra-clean, efficient and reliable fuel cell power plants in the European Served Area. E.ON Connecting Energies bundles E.ON’s solutions business in decentralized energy and energy efficiency, serving industrial, commercial and public-sector customers.

The agreement commences with the sale of a 1.4 MW plant in Europe at the German headquarters and production facility of FRIATEC AG in Mannheim. FRIATEC will host the plant, and benefit from ultra-clean, efficient and reliable power and high quality heat together with a reduction of power costs and improved energy security. E.ON will own the power plant and FuelCell Energy Solutions will install, operate and maintain the plant under a long-term service agreement.

FuelCell Energy, Inc., together its auxiliaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company is also involved in the development, design, production, and sale of fuel cell products under the Direct FuelCell name.

Shares of Philip Morris International Inc. (NYSE:PM), during its Friday’s current trading session raised 0.19%, and is now trading at $85.55.

Philip Morris International, informed its shareholders that its Quarterly Report on Form 10-Q for the quarter ended June 30, 2015 has been filed with the U.S. Securities and Exchange Commission (“SEC”).

PMI makes accessible free of charge on its website at www.pmi.com, its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, reports filed following Section 16 of the U.S. Securities Exchange Act of 1934 and amendments to those reports as soon as reasonably practicable after PMI electronically files or furnishes such materials to the SEC. All of these documents will be offered free of charge to any shareholder requesting a copy by writing to: Philip Morris International Inc., 120 Park Avenue, New York, New York 10017, U.S.A., attention: Corporate Secretary.

Philip Morris International Inc., through its auxiliaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprise Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White.

Finally, Extended Stay America Inc (NYSE:STAY), gained 1.06% Friday.

Extended Stay America, declared that its Board of Directors has declared a cash distribution of $0.15 per share for the second quarter of 2015, payable to ESH Hospitality, Inc.’s Class A and Class B common shareholders. Additionally, the Board of Directors of Extended Stay America, Inc. has declared a cash distribution of $0.02 per share for the second quarter of 2015, payable to Extended Stay America, Inc.’s common shareholders. These distributions, which total to $0.17 per Paired Share, will be payable on August 27, 2015 to shareholders of record as of August 13, 2015.

Extended Stay America, Inc. develops, owns, and operates hotels in the United States and Canada. As of December 31, 2014, the company had 682 hotels with about 76,000 rooms compriseing of 632 hotels with about 69,600 rooms under the Extended Stay America brand; 3 hotels with 500 rooms under the Extended Stay Canada brand; and 47 hotels with about 5,900 rooms under the Crossland Economy Studios brand.

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