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Monday 18 May 2015
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Stocks Closed in Red: Westport Innovations (WPRT), Clean Energy Fuels (CLNE), Alpha Natural Resources, (ANR), Zeltiq Aesthetics (ZLTQ)

On Wednesday, Westport Innovations Inc. (USA) (NASDAQ:WPRT)’s shares declined -7.89% to $5.25.

Westport Innovations Inc. (USA) (WPRT) declared it will start field tests this year in California in transit buses with a spark ignited natural gas engine capable of producing Near Zero NOx emissions well before the 2023 California Near Zero NOx plan for Low NOx vehicles.

CWI believes its proprietary Stoichiometric EGR Spark Ignited (SESI) natural gas engine technology as released on its ISL G and ISX12 G engines is ideally suited to continue to provide an economic and efficient solution to California air quality improvement initiatives.

Westport Innovations Inc. provides low-emission engine and fuel system technologies utilizing gaseous fuels. The company’s technology and products enable light, medium, heavy-duty, and high horsepower petroleum-based fuel engines and vehicles to use primarily natural gas and alternative fuels.

Clean Energy Fuels Corp(NASDAQ:CLNE)’s shares dropped -6.59% to $8.93.

Clean Energy Fuels Corp (CLN) declared it will release financial results for the first quarter of 2015 on Monday, May 11, 2015 after market close, followed by an investor conference call at 4:30 p.m. Eastern time (1:30 p.m. Pacific). President and Chief Executive Officer of Clean Energy Andrew J. Littlefair and Chief Financial Officer Bob Vreeland will host the call.

Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It designs, builds, operates, and maintains fueling stations; and supplies compressed natural gas (CNG) fuel for light, medium, and heavy-duty vehicles, in addition to liquefied natural gas (LNG) fuel for medium and heavy-duty vehicles.

At the end of Wednesday’s trade, Alpha Natural Resources, Inc. (NYSE:ANR)‘s shares dipped -8.20% to $0.7520.

Alpha Natural Resources, Inc. (ANR) stated a first quarter 2015 net income of $68 million or $0.30 per diluted share, contrast with a net loss of $56 million or $0.25 per diluted share in the first quarter of 2014. The first quarter net income comprises a $364 million gain on early extinguishment of debt. Not taking into account the items described in “Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss),” the first quarter 2015 adjusted net loss was $176 million or $0.79 per diluted share contrast with adjusted net income of $15 million or $0.07 per diluted share in the first quarter of 2014.

Alpha Natural Resources, Inc., together with its auxiliaries, engages in extracting, processing, and marketing steam and metallurgical coal in Kentucky, Pennsylvania, Virginia, West Virginia, and Wyoming.

Zeltiq Aesthetics Inc (NASDAQ:ZLTQ), ended its Wednesday’s trading session with -6.66% loss, and closed at $29.30.

Zeltiq Aesthetics Inc (ZLTQ) declared financial results for the first quarter 2015.

Mark Foley, President and Chief Executive Officer, stated that they began the year with another strong quarter of execution on their planned initiatives and maintaining their position as the market leader in the growing non-invasive fat reduction market. They delivered exceptional revenue growth in the first quarter with a 66% year-over-year enhance, driven by very strong system placements, a record quarter for revenue cycles shipped and the strongest contribution from their international business to date. Further penetration into key international markets is a noteworthydriver for their global expansion strategy and he was happy with their early success. With the impressive results they continue to deliver both domestically and across their international markets, they are raising their full year 2015 revenue guidance to the range of $235 million to $238 million which comprises an approximate $2 million negative impact related to currency headwinds.

ZELTIQ Aesthetics, Inc., a medical technology company, engages in developing and commercializing non-invasive products for the selective reduction of fat. It offers CoolSculpting system, which utilizes proprietary controlled cooling technology to selectively reduce stubborn fat bulges.

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