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Stock Market & Financial Investment News

News Breaks
August 19, 2014
08:42 EDTCPSTCapstone Turbine expands CHP footprint in Russian manufacturing sector
Capstone Turbine announced it has expanded its presence in Russia's manufacturing sector with two ultra-high efficiency combined heat and power, or CHP, projects. Capstone continues to grow its business in Russia despite geopolitical tensions and the latest round of U.S. and Russian sanctions. The two most recent CHP project installations illustrate the ongoing Capstone growth in Russia's manufacturing sector as BPC continues to add to its over 1500-unit Capstone fleet. The U.S. Treasury recently imposed additional sanctions prohibiting U.S. persons from providing new financing to three major Russian financial institutions. For Capstone's purposes, as a result of these new sanctions, U.S. entities cannot transact in, provide financing for, or otherwise deal in new debt of longer than 90 days maturity or new equity with Bank of Moscow, Russian Agricultural Bank, and VTB Bank OAO.
News For CPST From The Last 14 Days
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July 2, 2015
10:00 EDTCPSTOn The Fly: Analyst Downgrade Summary
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09:15 EDTCPSTOn The Fly: Pre-market Movers
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07:39 EDTCPSTCapstone Turbine downgraded to Market Perform from Outperform at Northland
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June 19, 2015
16:26 EDTCPSTCapstone Turbine receives Nasdaq approval to transfer listing
On June 18, Capstone Turbine received approval from the Nasdaq Stock Market to transfer the listing of the company’s common stock from the Nasdaq Global Market to the Nasdaq Capital Market. This transfer will be effective at the opening of business on Monday, June 22. The company’s common stock will continue to trade under the symbol “CPST.” The Nasdaq Capital Market is a continuous trading market that operates in substantially the same manner as the Nasdaq Global Market and requires listed companies to meet certain financial requirements and comply with Nasdaq’s corporate governance requirements.

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