On Friday, FuelCell Energy Inc (NASDAQ:FCEL)’s shares declined -1.54% to $1.28, on April 02, FuelCell Energy Inc (FCEL), a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, applauds the sustainability leadership of the U.S. Federal Government with the recent executive order titled “Planning for Federal Sustainability in the Next Decade” that directs executive departments and agencies, counting the Department of Defense, to undertake actions that will reduce greenhouse gas emissions by at least 40 percent over the next decade while at the same time fostering innovation, reducing spending, and strengthening the clean energy economy. The high efficiency of fuel cells combined with the virtual lack of pollutants from the power generation process is recognized with their inclusion for meeting the minimum required percentages of sustainable electric and thermal energy under the Order in addition to the greenhouse gas reduction requirements.
“Using clean sources of on-site power generation like fuel cells in federal facilities is a win for the environment, a win for taxpayers and a win for the economy,” said Senator Richard Blumenthal. “Cleaner air and lower operating costs make fuel cells a very viable option and I am proud of Fuel Cell Energy’s commitment to growing this critical industry here in Connecticut.”
“Environmental leadership combined with recognition of the value and importance of the clean energy economy is exemplified in the careful crafting of this sustainability Executive Order,” said Chip Bottone, Chief Executive Officer, FuelCell Energy, Inc. “Efficient and affordable FuelCell Energy power plants, designed and built in America, address the environmental concerns highlighted by this Order while supporting domestic economic development. Additionally, private capital is attracted to the compelling financial returns of fuel cell projects, which is further supported by the Business Energy Investment Tax Credit.”
The Order establishes sustainability aims for the use of clean and renewable energy with the following minimum percentages for Federal facilities use of electric and thermal energy:
- not less than 10 percent in fiscal years 2016 and 2017;
- not less than 13 percent in fiscal years 2018 and 2019;
- not less than 16 percent in fiscal years 2020 and 2021;
- not less than 20 percent in fiscal years 2022 and 2023; and
- not less than 25 percent by fiscal year 2025 and each year thereafter
FuelCell Energy, Inc., together its auxiliaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The corporation is also involved in the development, design, production, and sale of fuel cell products under the Direct FuelCell name.
Raymond James Financial, Inc (NYSE:RJF)’s shares dropped -1.52% to $55.89, during the last trading session on Friday, formerly on March 30, Lisa Detanna, Managing Director, Senior Vice President, Investments with Raymond James & Associates, Inc., member New York Stock Exchange/SIPC, was recently named to the annual Financial Times “FT 400.” The list of the top 400 financial advisors among national, regional and independent broker/dealers was published March 25, 2015.
The Financial Times Top 400 Financial Advisors is based in large part on data gathered from and verified by broker/dealer home offices, and, as identified by the FT, reflected each advisor’s performance in six primary areas, counting assets under administration, asset growth1, compliance record, experience, credentials and accessibility.
Raymond James Financial, Inc., a financial holding corporation, through its auxiliaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, in addition to the sale of mutual funds and other investment products in the United States, Canada, and Europe.
At the end of Friday’s trade, Superior Energy Services, Inc (NYSE:SPN)‘s shares dipped -1.51% to $24.13, as Superior Energy Services, Inc (SPN), declared that it will release its first quarter 2015 results on Thursday, April 30, 2015 after the market closes. In conjunction with the release, the Corporation has planned a conference call, which will be broadcast live over the Internet, on Friday, May 1, 2015 at 11:00 a.m. Eastern time.
Superior Energy Services, Inc. provides specialized oilfield services and equipment to oil and gas companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions. The Drilling Products and Services segment rents tubulars, such as primary drill pipe strings, tubing landing strings, completion tubulars, and associated accessories; and manufactures and rents bottom hole tools, counting stabilizers, non-magnetic drill collars, and hole openers, in addition to rents temporary onshore and offshore accommodation modules and accessories.
Qorvo Inc (NASDAQ:QRVO), ended its Friday’s trading session with -1.41% loss, and closed at $73.58, formerly on March 26, Qorvo Inc (QRVO), declared a new gallium arsenide (GaAs) pseudomorphic high electron mobility transistor (pHEMT) process technology that provides higher gain/bandwidth and lower power consumption than competing semiconductor processes. Qorvo’s new TQPHT09 is a 90 nm pHEMT process that supports Qorvo’s next-generation optical product portfolio. Coupled with Qorvo’s industry-leading reliability, this new process is ideal for next-generation high frequency, high performance amplifiers required for 100G+ linear applications.
Manufactured in Qorvo’s industry leading GaAs fabrication facility in Richardson, Texas, TQPHT09 is the newest offering in the Corporation’s well-established pHEMT process portfolio. Qorvo’s TQPHT09 serves as the basis for several new optical modulator driver products counting the TGA4960-SL, the Corporation’s most advanced quad-channel 100G modulator driver. The TGA4960-SL is accessible in the CFP2 form factor for Metro and long haul applications, and is also well suited for upgrading the 100G linear dual-channel drivers for line card applications. It is optimized for high performance, low power dissipation and high channel-to-channel isolation, and is packaged in a 14.0 x 8.0 x 2.6 mm SMT module, the smallest footprint in the industry.
James Klein, president of Qorvo’s Infrastructure and Defense Products group, said, “Qorvo continues to invest and develop the most competitive semiconductor process technologies in the industry, enabling best-in-class components for next-generation products. Qorvo’s new 90 nm pHEMT process exemplifies our leadership in providing components for high-speed market applications with the quality, reliability and dependable source of supply our customers expect.”
Qorvo, Inc. provides technologies and radio frequency solutions for mobile, infrastructure, and aerospace/defense applications in the United States and internationally. The corporations product line comprises amplifiers, control products, discrete transistors and ICs, filters and duplexers, frequency converters, integrated modules, optical components, oscillators, passives, and switches.
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