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Stock Market & Financial Investment News

News Breaks
January 17, 2014
08:37 EDTCPSTCapstone Turbine receives multiple orders for customers in Permian Basin
Capstone Turbine announced that it has received orders for two Capstone C1000s and an order for 25 Capstone C65 microturbines to be used for oil and gas production in the Permian Basin located beneath west Texas and southeastern New Mexico. According to an October 2013 article in Investors Daily, the Permian Basin receives a fraction of the press coverage accorded the Bakken and Eagle Ford, but it has more production potential than these two shale formations combined. Horizon Power Systems secured the order for the two Capstone C1000 microturbines to be used by an independent oil and gas producer in the area. This marks Capstone's first multiple megawatt project in the Permian Basin after previously installing multiple C30s and C65s at project sites in the region. The C1000s will replace unreliable grid service from the local utility and be used to power the client-owned electric grid. This small local grid will supply power to various well locations in addition to the field operations office. The site is expected to be commissioned in March.
News For CPST From The Last 14 Days
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February 5, 2016
09:12 EDTCPSTCapstone Turbine coverage assumed with a Neutral at Roth Capital
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February 3, 2016
19:35 EDTCPSTOn The Fly: After Hours Movers
UP AFTER EARNINGS: Glu Mobile (GLUU), up 27.9%... Capstone Turbine (CPST), up 17.2%... Solaredge (SEDG), 12.6%... Take-Two (TTWO), up 8.3%... PennantPark (PNNT), up 5%... Cadence Design (CDNS), up 4.5%... Buffalo Wild Wings (BWLD), up 1%. ALSO HIGHER: VirnetX Holding (VHC), up 90.6% after the company won a $625.6M verdict in favor of in a patent infringement lawsuit against Apple (AAPL)... Viacom (VIAB, VIA), up 9.5% and 7%, respectively, after Viacom issued a brief statement which reads, "The Viacom board of directors is scheduled to meet tomorrow."... CBS (CBS), up 4.7% after Sumner Redstone has resigned as executive chairman of CBS to be replaced by CEO Leslie Moonves. DOWN AFTER EARNINGS: DHT Holdings (DHT), down 5.3%... GoPro (GPRO), down 9.9%... Imperva (IMPV), down 11.7%... Shutterfly (SFLY), down 3.8%... MetLife (MET), down 2.3%. ALSO LOWER: Ambarella (AMBA), down 2.2% after GoPro reported Q4 results.
16:24 EDTCPSTCapstone Turbine reports Q3 EPS (34c), consensus (37c)
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January 27, 2016
08:39 EDTCPSTCapstone Turbine receives order for two C1000 microturbines
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January 26, 2016
07:02 EDTCPSTInternational Exposition Company to hold an expo
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January 25, 2016
08:33 EDTCPSTCapstone Turbine to update Federal Government headquarters building
Capstone Turbine announced that it received an order for side by side C800 and C200 microturbines to be used in a combined heat and power plant application at a United States Federal Government headquarters building in Washington, DC. E-Finity Distributed Generation, Capstone's distributor for the Mid-Atlantic and Southeastern United States, secured the order, which is expected to be commissioned later this year. The C800 and C200 microturbines will provide a combined 1MW of power and help to offset the building's electrical load. The waste heat from the exhaust will be used to generate 315 tons of chilled water for the building's cooling system. This project will help support the U.S. Federal Government in meeting its sustainability goals through innovative cogeneration measures.

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