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Stock Market & Financial Investment News

News Breaks
March 19, 2014
12:06 EDTAMSCAMSC sees Q4 EPS (16c)-(14c) ex-items, consensus (18c)
Sees Q4 revenue $14M-$16M, consensus $17M. AMSC expects that, exclusive of proceeds, if any, from sales of stock under the Company's At-the-Market facility, it will be net cash flow positive for the fourth quarter of fiscal 2013 ending March 31,driven primarily by cash generated from working capital. The company is not providing specific guidance with respect to cash flows in any future periods beyond Q4.
News For AMSC From The Last 14 Days
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September 19, 2014
16:56 EDTAMSCAMSC files $100M mixed securities shelf
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September 16, 2014
08:36 EDTAMSCAMSC provides update on litigation with Sinovel Wind
AMSC issued several updates regarding its litigation with Sinovel Wind Group. In the trade secret infringement case, the Beijing Higher People's Court upheld AMSC's position by rejecting Sinovel's appeal to transfer the case to the Beijing Arbitration Commission. Additionally, the first substantive hearing in the Beijing copyright infringement case took place at the Beijing No. 1 Intermediate People's Court. Finally, in the U.S. Department of Justice's case against Sinovel, members of its senior management team, and AMSC's former employee, the United States District Court for the Western District of Wisconsin upheld an earlier ruling that the service of summons of the criminal complaint was valid.

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