On Tuesday, Capstone Turbine Corporation (NASDAQ:CPST)’s shares declined -2.77% to $0.351.
Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, declared recently that it received a follow-on order for a C600 microturbine to upgrade a new commercial building in Melbourne, Australia, as part of Walker Corporation’s flagship Collins Square project in the city’s Central Business District (CBD).
Optimal Group, Capstone’s Australian distributor, secured the order, which is planned to be commissioned in June 2016.
The natural-gas-fueled C600 microturbine will be installed in a combined cooling, heating and power (CCHP) application to provide primary power, heating and cooling to the building. The 600kW microturbine is modular so that it can easily be expanded in the future to accommodate an raised building load. The added redundancy of the microturbine allows it to operate part of the system when powering a partial load or when being serviced, which is ideal in an area experiencing tremendous growth.
Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, subassemblies, components, and various accessories for applications, counting cogeneration comprising combined heat and power (CHP) and integrated CHP, in addition to combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.
Viggle Inc(NASDAQ:VGGL)’s shares dropped -7.01% to $1.46.
Viggle Inc. (VGGL) hit record revenue for fiscal 2015 of $25.6 million, achieving a 42% improvement over the preceding fiscal year, and record fiscal fourth quarter revenue $6.8 million, a 29% enhance over the preceding year’s fourth quarter. Adjusted EBITDA loss for fiscal 2015 was $29.3 million, and was a $5.8 million loss for the fiscal fourth quarter ended June 30, 2015, an improvement of 31% and the lowest quarterly loss in the Company’s history. Record revenue for the full year and quarter was driven by raised advertising on the Viggle app as the company boosted its marketing efforts. Reduced adjusted EBITDA losses in the fiscal fourth quarter came from lower personnel costs and lower G&A costs, partially offset by raised marketing expense.
Viggle Inc. operates as a mobile and Web-based entertainment marketing platform for media companies, brands, and consumers in the United States. It guides users towards various forms of media consumption with television enhancement, music discovery, entertainment content publishing, and distributed viewing reminders.
At the end of Tuesday’s trade, Parker-Hannifin Corp(NYSE:PH)‘s shares dipped -0.74% to $101.72 .
Hannifin Corporation (PH), the global leader in motion and control technologies, declared that it will webcast an investor meeting from the Pierre Hotel in New York City on Tuesday, September 22, 2015 starting at 1:00 p.m. Eastern time until about 4:00 p.m. Eastern time. A series of formal presentations focused on Parker`s strategies for long-term profitable growth will be followed by a question and answer period hosted by Parker`s executive leadership.
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates in two segments, Diversified Industrial and Aerospace Systems.
Wipro Limited (ADR)(NYSE:WIT), ended its Tuesday’s trading session with -2.79% loss, and closed at $11.83.
Parker Hannifin Corporation (PH), the global leader in motion and control technologies, recently unveiled a new version of its Win StrategyTM at an investor meeting in New York. The Win Strategy is the Parker business system and was originally introduced in 2001. It has been instrumental in transforming the company`s operations and optimizing performance.
Presentations at the meeting by Tom Williams, Chief Executive Officer; Lee Banks, President and Chief Operating Officer; Jon Marten, Executive Vice President - Finance and Administration and Chief Financial Officer; and Bob Bond, Corporate Vice President, e-Business, IoT, Services, laid out the details of the strategy during the half-day meeting. While many of the core principles of the strategy will remain in place, new strategies are being implemented to improve speed and performance. Key aims under the new strategy comprise:
- Engaged People - high engagement and ownership by Parker team members drives exceptional performance.
- Premier Customer Experience - moving from a service mindset to creating a great customer experience enables growth.
- Profitable Growth - implement strategies to grow organically 150 basis points faster than the market.
- Financial Performance - top-quartile financial performance as compared to our diversified industrial proxy peer group, with year-over-year earnings growth.
The company also established new financial aims that comprise a target to reach 17% segment operating income margin and 17% return on invested capital in five years.
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates in two segments, Diversified Industrial and Aerospace Systems.
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